In August 2023, the number of lending entities declined to 166 compared to the same period of last year while last August their number stood at 178.
The total number of employees in loan-out entities made 2,298.
The National Bank reports that the net profit of loan-out entities increased by GEL 7.7 million compared to the same period of last year.
In the second quarter of 2023, the net profit of the companies amounted to GEL 24.9 million against GEL 17.2 million in the same period of 2022. The lending entities closed ended the previous year with a net profit of GEL 40 million.