Tbilisi (GBC) - The total profit of 12 banks is up to 2.027 billion GEL 0ut of 17 banks operating in the market (including newly licensed digital banks: Paysera, Hash and Pave Bank), 95% of which is the share of TOP-5 banks.

GEL 7 million out of GEL 13 million losses, which are distributed among 5 banks, accounts for Silk Bank. The net loss of the sanctioned VTB exceeds GEL 3 million.

TOP 5 Banks By Net Profit 01.06.2024/01.09.2024

 

000 GEL

000 GEL

Bank of Georgia

619 823

993 820

TBC Bank

447 367

781 206

Liberty Bank

43 027

75 705

Basis Bank

31 657

49 241

Credo Bank

15 212

39 010

 

Source:  BRG