Net profit year-to-date constituted GEL 156.3 million.
The COMMERCIAL TIMES
As January 1, 2011, the banking sector in Georgia is represented by 19 commercial banks, including 14 foreign-controlled banks and two branches of non-resident banks. Compared with the previous month total assets of Georgian commercial banks (in current prices) increased by 419.1 million GEL (by 4.1 percent) and constituted 10564.2 million GEL. The banking sector’s own funds (equity capital) equal to 1787.6 million GEL, which makes up 16.9 percent of commercial banks’ total assets.
The share of foreign capital in banks’ total paid-in …