ID 201955027 · FY 2017–2024 · 8 years
Tbilisi-headquartered commercial bank established in 2001, focused on corporate banking and SME finance. Ranked 14th in Georgia by assets in 2024 with around 0.23% market share.
curated 2026-06-03silkbank.gethebanks.eu
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Net interest income | 2,004 | 3,650 | 4,715 | 4,285 | 3,334 | 3,441 | 4,130 | 6,517 | +18.3% |
| Net fee and commission income | 405 | 524 | 334 | 268 | 414 | 89 | 17 | 49 | -26.0% |
| Net foreign currency gain / (loss) | 0 | 262 | 442 | -1,108 | 3,098 | 405 | 523 | 2,375 | +44.4% |
| Net other income | -873 | -152 | 598 | 1,385 | -1,759 | -410 | 101 | -304 | -14.0% |
| Operating income | 1,536 | 4,284 | 6,089 | 4,830 | 5,087 | 3,525 | 4,771 | 8,637 | +28.0% |
| Operating expenses | -2,370 | -6,566 | -5,615 | -5,061 | -6,546 | -7,383 | -11,323 | -21,799 | +37.3% |
| Operating income before cost of risk | -834 | -2,282 | 474 | -231 | -1,459 | -3,858 | -6,552 | -13,162 | +48.3% |
| Cost of risk | 0 | 0 | 0 | -850 | 485 | 469 | -592 | -1,207 | +9.2% |
| Profit before income tax | -4,259 | -5,215 | -648 | -1,081 | -974 | -3,389 | -7,144 | -14,369 | +19.0% |
| Income tax expense | 39 | 528 | 184 | 11 | 55 | -537 | -149 | 2,953 | +85.5% |
| Profit | -4,220 | -4,687 | -464 | -1,070 | -919 | -3,926 | -7,293 | -11,416 | +15.3% |
| Net profit margin | -274.7% | -109.4% | -7.6% | -22.2% | -18.1% | -111.4% | -152.9% | -132.2% |
Ownership & directors from companyinfo.ge (public corporate registry).