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Banking sector profit rises to GEL 2.9bn in nine months; four banks in the red

BM.ge (Business Media Georgia)2026-10-23

Banks' filings with the National Bank of Georgia show sector profit of almost GEL 2.9bn in January–September 2026, about 20% higher year on year. Fifteen of 19 banks were profitable; Paysera Bank, Heshbank, Silk Bank and VTB Bank Georgia reported losses.

Figures from banks' reports to the National Bank of Georgia, as compiled by BM.ge.

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