Non-performing loans at TBC Bank and Bank of Georgia up to GEL 1,465,292,338

Non-performing loans at TBC Bank and Bank of Georgia up to GEL 1,465,292,338

access_time2020-11-20 14:48:25


According to the data of the third quarter of 2020, the volume of non-performing loans (NPL) of commercial banks has increased. The two largest commercial banks see an increase in the volume of non-performing loans that amounted to GEL 1,465,292,338 against  GEL 868,579,423 in the same period of last year.

In the first 9 months of 2020, Bank of Georgia total loans amounted to GEL 12,669,526,430, of which 5.91% were the non-performing loans worth GEL 750,542,012. In the same period of 2019, this figure made GEL 518,825,325. It’s worth mentioning  that in the third quarter, the bank’s total assets amounted to GEL 19,342,099,382, while total liabilities amounted to GEL 17,640,861,666.


In  the third quarter of 2020, TBC Bank's total loans amounted to GEL 14,295,006,527, of which the non-performing loans accounted for 5%  and amounted to GEL 714,750,326. In the same period of 2019, they stood at GEL 349,754,098. In the first 9 months of 2020, the bank's total assets amounted to GEL 20,965,767,096, while its total liabilities amounted to GEL 18,972,872,967.


თეგები:
commersant




Similar News

up