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Loan Approval Terms Are Simplified In Basis Bank
1 February, 2022, 09:33
Loan Approval Terms Are Simplified In Basis Bank

Tbilisi (GBC) – Basis Bank has promotion campaign on consumer loans, which will approve a refinanced loan on more attractive terms for those wishing to consolidate loans from another bank. In addition, it is possible to choose a 3-month preferential payment schedule.

 

The loan, with a capacity of GEL 20,000, is approved remotely in 2 minutes. The interest rate (nominal) is set at 10.9%. The loan interest rate for up to 4 years is within 15.9%.

 

Basis Bank is represented in the retail lending market with a portfolio of GEL 373 million (corporate portfolio – GEL 882 million). (Source: Businesspartner)

 

Basis Bank 01.01.2022 (GEL/%)

Assets

1 868 427 282

Supervisory Capital

 306,539,000

ROA

2.5%

ROE

16.4%

Total Loans

1 254 684 411

Retail Loans

   372 619 443

Retail Foreign Retail Loans

   138 628 788

Source: The NBG & Commercial Loans

 

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