Tbilisi (GBC) - The assets of the banking sector increased. As of 01.08.2024, the market is represented by 17 banks, including with 3 digital banks (Hash, Paysera, Pave), the total share of which does not exceed 0.05%.
Total assets of commercial banks amount to 86.8 billion GEL (01.08.2023 - 71.3 billion; +22%Y.Y)
The capital of the banking sector is 13.0 billion GEL, which is 15% of the total assets of commercial banks (01.08.2023 - 16%).
8 commercial banks are represented in the market with assets of more than one billion, the total share of which is 96.7%. It reaches 78% of system 2 banks. The concentration has increased (01.08.2023-76.56%).
TOP-8 (+1 ) Banks Rating by Assets
TBC Bank |
34 287 420 |
|
Bank of Georgia |
33 339 228 |
|
Liberty Bank |
4 588 617 |
|
Basis Bank |
3 504 266 |
|
Credo Bank |
2 719 790 |
|
ProCredit Bank |
1 927 968 |
|
Terabank |
1 831 180 |
|
Cartu Bank |
1 718 157 |
|
Halyk Bank |
891 771 |
|
Source: NBG