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Banks report 2.85B GEL profit in 11M2024

by Mariam Razmadze
December 26, 2024
in Business & Economy
Reading Time: 1 min read
Banks report 2.85B GEL profit in 11M2024

Photo: Swiss Banking.

Regional commercial banks revealed a combined net profit of GEL 2.85 billion in the first 11 months of 2024, revealing a 12.7% increase.

The data submitted to the National Bank shows that the Bank of Georgia leads the list with a net profit of GEL 1.4 billion. 

The full list is as follows:

  • Bank of Georgia – 1,399 million GEL;
  • TBC Bank – 1,079 million GEL;
  • Liberty Bank – 102 million GEL;
  • Basisbank – 72 million GEL;
  • Credo Bank – 58 million GEL;
  • Cartu Bank – 42 million GEL;
  • ProCredit Bank – 30 million GEL;
  • Terbank – 29 million GEL;
  • Halyk Bank 18 million GEL;
  • Isbank – 13 million GEL;
  • Bank – 11 million GEL;
  • Pashabank – 8 million GEL;
  • Ziraat Bank – 5 million GEL;
  • Pave Bank – (-)1 million GEL
  • Paysera – (-)1 million GEL;
  • Hashbank – (-) 4 million GEL
  • Silk Bank – (-) 11 million GEL.

 

Tags: Commercial bank net profitNBG
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