IBA-Georgia’s assets decline by 23%

IBA-Georgia’s assets decline by 23%
# 10 November 2017 11:26 (UTC +04:00)

As at the end of the third quarter of 2017, IBA-Georgia’s assets stood at GEL 91.819 million, down 23.27% from previous year.

Bank says the loan portfolio dropped 66.71% to GEL 19.620 million, liabilities slid 35.96% to GEL 54.153 million, deposit portfolio surged 56.08% to GEL 26.305 million.

Authorized capital remained unchanged at GEL 22.688 million, total capital at rose 7.33% to GEL 37.666 million.

Net incomes made up GEL 42,107.

1 GEL = AZN 0.6428

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