Silk Road Bank has Increased Lending to ₾16 Million

Silk Road Bank has increased lending to GEL 16 million. The share of foreign currency loans in the loan portfolio does not exceed 10.5%.

In January-February, loans in foreign currency decreased by 2 million GEL (01.01.2022 - 3.6 million).

The bank's deposit portfolio has increased. As of March 1, it exceeds GEL 12.8 million, of which GEL 6.8 million falls on foreign currency deposits (January 1, 2022 - GEL 9.5 million).

The bank lost a small amount of GEL 100,000 in February (₾254,000 in January) and a loss of up to GEL 340 million as of March 1. The bank ranks last with a market share of 0.14%.

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Silk Road Bank has Increased Lending to ₾16 Million

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 03

Tbilisi to Build New 70,000-Seater Stadium for Football and Rugby 04

Winners Announced for STEM Study Visit to Italy at Tbilisi Technopark Event 05

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Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
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With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
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