Tbilisi (GBC) – Cartu has increased its foreign exchange loan portfolio. As of 01/2025 (as of February 1), the dollarization ratio of loans is 59.8%. It has increased by 6% annually. Last year, the share of foreign currency loans was 53.6%.
As of February 1, 667 million GEL equivalent loans were issued in foreign currency. Last year, it was 506 million GEL.
The dollarization of deposits has also increased, although insignificantly. As of 01/2025, it is 83.5% (01/2024 – 83%).
Cartu started 2025 with a profit of 1.6 million GEL (01/2024 -3.3 million: -51%Y.Y).
01/2025 (GEL) |
01/2024 (GEL) |
|
Total Assets |
1 946 431 626 |
1 891 489 455 |
Total Loan Portfolio |
1 118 785 853 |
838 784 112 |
Clients’ Deposits |
1 396 776 984 |
1 359 881 916 |
o Current |
|
632 644 229 |
o Demand |
|
39 006 081 |
o Term |
|
688 231 607 |
|
|
|
Chartered Capital |
448 357 990 |
410 611 227 |
Current Year’s Loss (Profit) |
1 615 031 |
3 333 620 |
Source: Commercial Banks & BRG