The data from the National Bank of Georgia (NBG) revealed that Georgia’s banking sector continued its strong performance in 2025, recording a total net profit of GEL 2.4 billion in the first nine months of the year.
The figure marks a GEL 107 million, or 4.6%, increase compared to the same period in 2024, reflecting the sector’s continued profitability despite a competitive financial environment.
Bank of Georgia remained the clear market leader, reporting GEL 1.2 billion in net profit between January and September, an 18% year-on-year increase. TBC Bank followed closely, earning GEL 904 million, a slight 1% rise from the previous year.
Liberty Bank ranked third with GEL 94.5 million in profit, up 12% year-on-year, supported by stable growth in retail and SME lending.
Meanwhile, four commercial banks reported losses during the same period. The largest deficit was posted by VTB Bank Georgia, which ended the nine months with a GEL 41 million loss. VTB’s operations in the country have remained largely inactive since February 2022, following international sanctions imposed on its Russian parent company.
