Tbilisi (GBC) – Georgian commercial banks’ profit increased from currency exchange and gained more than 100 million GEL between January - February (2023-670million GEL).
The consolidated figure from the licensed digital banks includes only "Paysera", which generated 36 million GEL through foreign exchange operations.
Negative results were observed to Liberty Bank, which had a loss of more than 4 million GEL from foreign exchange operations.
TOP-10 Banks By Profits Gained From Currency Exchange (000 GEL)
01.03.2024 |
2023 |
|
Bank of Georgia |
47 866 |
309 893 |
TBC Bank |
42 062 |
300 179 |
Terabank |
3 046 |
1 710 |
pasha bank |
2 947 |
6 563 |
ProCredit Bank |
2 070 |
13 696 |
BasisBank |
1 853 |
8 057 |
Bank Cartu |
1 165 |
6 949 |
Isbank |
1 060 |
2 257 |
Credo |
1 008 |
6 210 |
Isbank |
1 060 |
2 257 |
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Source: NBG & Banks (with more than a million earnings)