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Georgia's commercial banks post August profits

Business Materials 27 September 2010 15:43 (UTC +04:00)

Georgia, Tbilisi, September 27 / Trend N. Kirtskhalia /

More than 19 banks operating in the Georgia posted August profits, the National Bank of Georgia said.

The total net profit earned by 11 commercial banks is 71.640 million lari ($ 1 = 1.81 lari).

The five most profitable banks in Georgia include the Bank of Georgia, TBC, Kartu, Procreditbank and Liberty Bank.

Bazisbank, Constanta, Investbank and other banks also made profits during the month.

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