Banking profits in Georgia

Abstract

In the modern world, the economic development of a country depends significantly on the effective and sustainable functioning of the financial system. The financial system, which combines the banking system and financial markets, ensures the distribution of excess liquid funds to those economic agents who need funds to finance various purposes. Given that the level of development of financial markets in Georgia is still in its infancy, the reliability and sustainability of the banking sector plays a key role in stimulating economic growth.