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Successful September for Georgian banks

By Messenger Staff
Monday, November 8
Georgian banks returned a profit of GEL 23.6 mln for the month of September. Since the beginning of the year their profit has reached about GEL 95 mln and deposits in Georgian banks for 2010 are at almost GEL 10 bln. Capital assets of Georgian banks as at October 1, 2010 are more than in 2009 for the same period. There are now 19 commercial banks active in Georgia with 14 banks functioning with the involvement of foreign capital and two foreign bank affiliations active in Georgia.