Back VTB Bank’s assets exceed GEL 2 billion

Based on the results of the first 10 months of 2020, assets of VTB Bank exceeded GEL 2 billion, having increased by 22.6% since the beginning of the year, respectively. 

The total loan portfolio for the current year grew by 18.8%, while deposits rose by 28.5%. The Bank's operating profit accounted for GEL 31 million, up 47.4% versus the figure over the same period last year, placing VTB Bank among three market leaders in the country.

VTB Bank is the fourth largest bank in the market by assets, as well as one of the four largest banks in terms of loan and deposit portfolio.

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