In 2024, Basisbank achieved significant growth and cemented its position among the top three banks in Georgia by business support. The bank’s total assets increased by 12% year-over-year, reaching 4.1 billion GEL. The credit portfolio experienced a robust 17% expansion to 3 billion GEL, while the deposit portfolio grew by 16% YoY, amounting to 2.6 billion GEL.

A closer look at the bank’s performance reveals further strength in its corporate segment. Basisbank’s credit portfolio for legal entities surged by 21% to 2.1 billion GEL, complemented by legal entity deposits totaling 1.3 billion GEL. In the retail segment, the bank reported retail loans of 0.9 billion GEL and retail deposits of 1.3 billion GEL.

Within the Basisbank Group, affiliated leasing and insurance companies also posted impressive results. BB Leasing’s portfolio exceeded 41.3 million GEL, marking a 63% increase from the previous year, while BB Insurance recorded a premium volume of 33 million GEL—a 60% year-over-year growth.

By December 31, 2024, Basisbank’s net profit stood at 87.4 million GEL. The bank delivered a return on total assets (ROA) of 2.4% and an impressive return on equity (ROE) of 15%.

David Tsaava, General Director of Basisbank, stated, “Basisbank continues to develop sustainably and consistently strengthen its position in the Georgian financial market. By creating the best banking experience for our customers and streamlining cooperation, we offer convenient banking, leasing, and insurance services. In 2024, our team made significant progress towards our strategic objectives, and the ambitious plans we have set ensure that we will achieve exceptional results in the coming year.”