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VTB Bank among three leaders of Georgian banking sector

Business Materials 27 July 2011 18:50

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

The three leaders of Georgian banking sector have been changed.

VTB Bank (a branch of Russian VTB in Georgia) ranked third after TBC Bank and Bank of Georgia in terms of net profit for the first half of 2011.

VTB's net profit was 14.6 million lari as of six months.

TBC Bank's net profit in the first half of 2011 amounted to 45 million lari, and the Bank of Georgia - 37 million lari.

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