Page 35 - GEORptNov20

GEORGIA'S BANKING SYSTEM Q1 2020
GEL
Cartu Bank
Assets
Profit Before Reserves
% of Assets
Loss
TBC Bank
19,269,563,370
149,926,973
0.78%
277,427,742
Bank of Georgia
17,986,070,485
135,655,544
0.75%
276,415,438
Liberty Bank
2,085,618,162
10,183,925
0.49%
18,648,614
Basisbank
1,762,251,881
7,374,158
0.42%
22,436,023
VTB Bank
1,755,407,172
11,691,532
0.67%
30,498,283
ProCredit Bank
1,592,197,551
12,512,088
0.79%
16,789,911
1,378,972,982
6,583,517
0.48%
39,999,177
Terrabank
1,080,024,740
8,864,797
0.82%
18,662,783
Credo Bank
1,078,600,731
4,698,791
0.44%
6,835,671
Khalik Bank
542,846,469
3,112,693
0.57%
21,835,083
Pasha Bank Georgia
502,656,394
-1,925,157
-0.38%
12,367,423
Ish Bank
313,391,261
2,967,116
0.95%
2,595,340
Finca Bank
281,895,594
1,930,353
0.68%
822,610
Ziraat Bank Georgia
122,793,657
1,081,151
0.88%
1,109,337
Silk Road Bank
89,301,852
344,652
0.39%
630,050
AGGREGATE
49,841,592,301
355,002,133
0.71%
747,073,485
Source: NBG, BNE Intellinews
8.1.2​ Loans
ADB approves $200mn policy-based loan for Georgia
The Asian Development Bank (ADB) on October 29 approved a $200mn policy-based loan to help restore parts of Georgia's economy impacted by the coronavirus (COVID-19) crisis by addressing challenges in the country's public finance management and social security systems.
The Fiscal Sustainability and Social Security Assistance Program is part of ADB's comprehensive and integrated assistance package to address damage caused by the pandemic to healthcare, social protection and the economy in Georgia.
"The steps taken by this program are critically important to mitigate the economic impact of Covid-19 and maintain macroeconomic stability over the medium to long term and also to protect the lives of the people most affected by the crisis," said ADB representative Rogerio de Almeida Vieira de Sa.
35​ GEORGIA Country Report ​November 2020 ​ ​www.intellinews.com