Credo Bank (სს კრედო ბანკი) — Georgia Financials

Georgia Financials

panel 2026-09-21Ask

as filed · GEL, thousands

GEL, thousandsXLSX

Line item	2017	2018	2019	2020	2021	2022	2023	2024	CAGR
	52,633	101,170	120,512	125,598	190,122	220,010	253,868	302,449	+28.4%
Net fee and commission income	15,594	16,452	17,378	19,915	28,137	31,556	28,861	36,428	+12.9%
	0	2,909	1,227	5,815	3,273	14,748	3,272	4,724	+8.4%
	0	3,982	818	3,121	5,991	17,964	11,917	8,200	+12.8%
Operating income	68,227	116,549	139,935	142,819	215,541	248,350	274,084	335,401	+25.5%
	23,758	79,212	88,421	94,534	116,866	144,952	167,645	189,434	+34.5%
Profit / (loss) from associates	0	0	0	0	0	0	0	485
Operating income before cost of risk	44,469	37,337	51,514	48,285	98,675	103,398	106,439	145,482	+18.5%
Cost of risk	0	0	0	35,952	57,083	49,964	57,957	60,389	+13.8%
Profit before income tax	22,098	24,596	36,008	12,333	41,592	53,434	48,482	84,315	+21.1%
Income tax expense	1,967	4,405	6,469	1,475	4,882	8,223	7,409	15,710	+34.6%
Profit	20,131	20,191	29,539	10,858	36,710	45,211	41,073	68,605	+19.1%
Net profit margin	29.5%	17.3%	21.1%	7.6%	17.0%	18.2%	15.0%	20.5%