BAKU, Azerbaijan, Dec. 24
By Maryana Akhmedova – Trend:
The assets of Georgia’s banking sector in October 2021 increased by 1.03 billion Georgian lari ($33.3 million), compared to the previous month, and amounted to 59.6 billion Georgian lari ($19.2 billion), which is a record number for the sector, Trend reports via Georgian media.
The rating of Georgia’s commercial banks according to the growth rate of assets in the third quarter of 2021 is distributed as follows:
TBC Bank – 22.9 billion Georgian lari ($7.4 billion) – 10-percent annual growth;
Bank of Georgia – 20.6 billion Georgian lari ($6.6 billion) – 6.9-percent annual growth;
Liberty Bank – 2.8 billion Georgian lari ($906.1 million) – 4.6-percent annual growth;
VTB Bank – 2.1 billion Georgian lari ($679.6 million) – 9-percent annual growth;
ProCredit Bank – 1.8 billion Georgian lari ($582.5 million) – 7.2-percent annual growth;
Base Bank – 1.6 billion Georgian lari ($517.7 million) – 5-percent annual asset decline;
Credo Bank – 1.5 billion Georgian lari ($485.4 million) – 20.4-percent annual growth;
Terabank – 1.32 billion Georgian lari ($427.1 million) – 6.9-percent annual growth;
Cartu Bank – 1.3 billion Georgian lari ($420.7 million) – 7.6-percent annual asset decline;
Halyk Bank – 846.6 million Georgian lari ($273.9 million) – 40-percent annual growth;
Pasha Bank – 448.2 million Georgian lari ($145 million) – 3.4-percent annual decline;
IS Bank – 393.3 million Georgian lari ($127.2 million) – 21.3-percent annual growth;
Ziraat Bank – 146.3 Georgian lari ($47.3 million) – 11.5-percent annual growth;
Silk Road Bank – 90.5 Georgian lari ($29.2 million) – 3.2-percent annual decline.
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