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VTB Bank Georgia

VTB Bank Profits Grow by 14%

The Commersant continues publishing reports of financial institutions. According to the fourth quarter indicators, VTB Bank’s profits grew by 14% to 20 million GEL.

In 2016 the bank’s profits constituted 18 million GEL. In 2017 VTB Bank reserved 10 million GEL.

Throughout the year the Bank’s assets rose to 1.56 billion GEL from 1.53 billion GEL, liabilities rose to 1.39 billion GEL from 1.38 billion GEL. The bank’s stock capital increased to 169 million GEL from 148 million GEL.