BAKU, Azerbaijan, September 15
By Tamilla Mammadova – Trend:
"Bank of Georgia" and "TBC Bank" account for 75 percent of the total assets and 87 percent of net profit in Georgia, Trend reports via the National Bank of Georgia.
In the 2nd quarter of 2021, the authorized capital of Bank of Georgia was 2.07 billion lari ($666.8 million), TBC-Bank - 2.3 billion lari ($790.5 million). The assets of the Bank of Georgia made 20.1 billion lari ($647.5 million).
For the first time in its history, the total profit of the Georgian banking system exceeded the one billion lari mark and amounted to 1.2 billion lari ($386.5 million) in the 7 months of 2021.
In 6 months of 2021, the net profit of Bank of Georgia amounted to 435 million lari ($140.1 million), TBC Bank - 486 million lari ($156.5 million).
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