15 commercial banks' net profit amounted to GEL 80,297 million in April 2020, which is
GEL 16,101 million more compared to the same period of the previous
Revenues received by commercial banks from fines / penalties
amounted to GEL 308 thousand; the net profit / loss from conversion
operations, ie currency transactions, amounted to GEL 113,268 million. It’s worth mentioning that
the banks received GEL 11,581 million from commissions and services. According to National Bank,
banks paid GEL 21,032 million in profit tax in December.
According to the National Bank, in April 2020 banks' revenues
amounted to GEL 352,422 million, of which interest income was GEL 304,133
million, and bank expenditures amounted to GEL 266,702 million.
Recall that in March, the
net loss of 15 commercial banks totaled GEL 943 million, and the operating profit of
the first quarter amounted to GEL 386 million.