TBC and Bank of Georgia account for 77.7% of the appropriated property as payment of debts on loans

TBC and Bank of Georgia account for 77.7% of the appropriated property as payment of debts on loans

access_time2021-10-08 15:12:50

The National Bank of Georgia has published the financial indicators of commercial banks in  the second quarter of 2021. According to the data, commercial banks operating in Georgia appropriated movable and immovable property worth GEL 255,501,871 as payment of debts on loans. 

In  the second quarter of 2021, Bank of Georgia  appropriated property worth GEL 99,459,385 against  GEL 97,601,889 in the same period of last year. TBC Bank appropriated  movable property and immovable  property worth GEL 99,164,266 in the same period that is GEL 22,363,570 less than in the same period of last year. As of June 30, 2021, two major banks account for 77.7% of the property appropriated by banks (GEL 198,623,651).

The  third is VTB Bank that appropriated  real estate worth GEL 19,439,190 that is about GEL 10 million more compared to the data of the two quarters of 2020. Followed by Basisbank with GEL 18,333,543, Halyk Bank Georgia (GEL 10,567,632).

rating of commercial banks of Georgia by volume of appropriated property:

Bank of Georgia - GEL 99,459,385 (Q2, 2020 - GEL 97,601,889);

TBC Bank - 99,164,266 GEL (Q2, 2020 - 76,800,696);

VTB Bank (Georgia) - GEL 19,439,190 (Q2, 2020 - GEL 9,570,309);

Basisbank - GEL 18,333,543 (Q2, 2020 - GEL 13,192,769);

Halyk Bank Georgia - GEL 10,567,632 (Q2, 2020 - GEL 1,261,340);

Terrabank - GEL 3,070,298 (Q2, 2020 - GEL 2,067,125);


Cartu Bank - GEL 2,491,622 (Q2, 2020 - GEL 16,601,241);

Ish Bank Georgia - GEL 1,102,533 (Q2, 2020 - GEL 1,046,318);

Credo Bank - GEL 906,788 (Q2, 2020 - GEL 1,390,992);

Silk Road Bank - GEL 280,730 (Q2, 2020 - GEL 400,745);

FINCA Bank Georgia - GEL 255,436 (Q2, 2020 - GEL 224,146);

ProCredit Bank - GEL 141,367 (Q2, 2020 - GEL 135,594);


Liberty Bank - GEL 128,586 (Q2, 2020 - GEL 43,120);


Pasha Bank Georgia - GEL 98,175 (has not appropriated property  as payment of debts on loans in the second quarter of 2020);


Ziraat Bank Georgia - GEL 62,320 (Q2, 2020 - GEL 70,825).

 

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