Georgia, Tbilisi, August 30 / Trend N. Kirtskhalia /
According to the National Bank of Georgia, the banking sector of Georgia completed July and June at a profit. Following the month, profit was 22.3 million lari ($ 1 = 1.83 lari), and since the beginning of the year - 59,6 million lari. The share of five banks with major assets in the banking sector increased by 1 percent and hit 79.6 percent compared to the previous month.
As of August 1, Georgia's banking sector is represented by 19 banks, including 14 with foreign share holding in the authorized capital and 2 branches of foreign banks.