Issue 86: Banking Sector - I - III Quarters, 2016
Jan, 2017


Analysis of January - November 2016, compared to the corresponding period in 2015:

• Net profit of commercial banks increased by 25.1% (114 mln GEL) and amounted to 567 mln GEL.
• The volume of deposits increased (9.4%), as did the volume of loans (7.9%) (adjusted for exchange rate).
• The proportion for which construction (by 2.8 percentage points), financial intermediation (2.5 percentage points) and hotels and restaurants (3.0 percentage points) were responsible for total loans increased.
• The volume of non-performing loans increased by 9.5% which is mostly due to depreciation of GEL exchange rate.