Established in 2017, Credo Bank is a new innovative bank, focused on providing sustainable financial services for micro-, small- AND medium- enterprises.
In 2023, JSC "Credo Bank" achieved the position of 5th largest bank in Georgia with a market share of 3.04%; its total assets grew by 12.90%.
Additionally, the bank became the 11th profitable bank in relation to its total assets showcasing 1.76% return on assets in 2023.
Also the lender held the 1st position regarging its loans-to-deposits (L/D) registering 275.96% L/D ratio in 2022.
Deposits up to 15,000 GEL are covered by Georgian deposit guarantee scheme in JSC "Credo Bank".
Becoming a client of JSC "Credo Bank" can be done in a few steps:
JSC "Credo Bank" performs client's identity verification via branch visit.
JSC "Credo Bank" is the 5th largest bank in Georgia in terms of total assets. In 2023 its total assets were 2 469,76 mln GEL, providing the bank with the market share of 3.04%. In 2023 the bank's net income was 41,07 mln GEL.
JSC "Credo Bank" participates in the deposit guarantee scheme of Georgia which applies to all types of deposits made by natural persons (residents and non-residents) and covers up to up to 15,000 GEL per bank per depositor. JSC "Credo Bank" is a member of Deposit Insurance Agency of Georgia (DIAG) and makes its contributions into it.
JSC "Credo Bank" is headquartered in Tbilisi.
JSC "Credo Bank" has profiles at the following social networks:
JSC "Credo Bank" is authorized and supervised by the National Bank of Georgia.