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Banking sector: success story

By Messenger Staff
Tuesday, Febraury 18
Despite problems in the Georgian economy, there are certain sectors, which remain successful. Among them is the banking sector. In 2013, net profit of the banking sector reached almost 388 million GEL.

The total income of Georgian banks in 2013 reached 8 billion GEL. The capital assets of the Georgian banks totals 16 billion GEL; credit portfolio aggregate is over 10 billion GEL. However, there are a certain amount of bad loans as well, which come to around 230 million GEL in total.