Banks in Georgia: Full List of Licensed Banks and What They Offer (2026)
The National Bank of Georgia licenses 17 commercial banks. The market is dominated by two universal banks — Bank of Georgia and TBC — with Liberty Bank holding the widest branch network; alongside them are foreign-group banks (ProCredit, Ziraat, Isbank, Halyk, PASHA, Basisbank), the microfinance-origin Credo Bank, and three new digital banks (Paysera, Hash, Pave). This page lists every licensed bank with a short profile and the products it offers.
Last reviewed: 31 August 2026 · Last checked: 12 November 2026
Georgia’s banking sector is supervised by the National Bank of Georgia (NBG), which licenses and publishes the register of commercial banks. As of 2026 there are 17 licensed commercial banks. This page lists all of them with a short profile and the products each offers.
For how to actually open an account — documents, non-resident rules and compliance checks — see the banking in Georgia guide. This page is the directory; the banking guide is the how-to.
At a glance
| Bank | Focus | Website |
|---|---|---|
| Bank of Georgia | Universal (retail + business + corporate) | bankofgeorgia.ge |
| TBC Bank | Universal (retail + business + corporate) | tbcbank.ge |
| Liberty Bank | Mass retail, widest branch network | libertybank.ge |
| Basisbank | Universal; RMB settlement | basisbank.ge |
| Cartu Bank | Corporate & business | cartubank.ge |
| Ziraat Bank Georgia | Retail + corporate; Turkey corridor | ziraatbank.ge |
| ProCredit Bank | SME “house bank”; direct banking | procreditbank.ge |
| TeraBank | SME + retail | terabank.ge |
| Halyk Bank Georgia | Retail + business | halykbank.ge |
| PASHA Bank Georgia | Corporate only | pashabank.ge |
| Isbank Georgia | Retail + corporate; Turkey corridor | isbank.ge |
| Credo Bank | Micro / rural & agriculture | credobank.ge |
| Paysera Bank Georgia | Digital; payments & multi-currency | paysera.ge |
| Hash Bank | Digital; crypto-friendly retail | hashbank.ge |
| Pave Bank Georgia | Digital; institutional / digital assets | pavebank.com |
| VTB Bank (Georgia) | Sanctioned — see note | — |
| Silk Bank | Small universal (formerly Silk Road Bank) | — |
The big three
Bank of Georgia
One of the two dominant universal banks, part of the London-listed Bank of Georgia Group PLC. Market leader in digital retail banking, with a full offering across every segment.
- personal current, savings and multi-currency accounts; debit and credit cards;
- consumer, mortgage and auto loans; deposits;
- SME and business accounts and lending;
- corporate banking, trade finance and treasury/FX;
- private/premium banking and brokerage/investment (through Galt & Taggart);
- widely used mobile and internet banking, with English-language apps.
TBC Bank
The other dominant universal bank, part of the London-listed TBC Bank Group PLC, and the sector’s digital-banking innovator (it also runs the Space neobank).
- personal current, savings and multi-currency accounts; debit and credit cards;
- consumer, mortgage and auto loans; deposits;
- SME and business banking;
- corporate banking, trade finance and treasury/FX;
- private banking (TBC Concept) and brokerage/investment (TBC Capital);
- leading mobile and internet banking; historically the bank most used by foreigners and remote professionals.
Liberty Bank
A mass-retail bank with the country’s widest branch and ATM footprint (around 500 service centres and 700 ATMs) and roughly 1.7 million retail customers. Historically the distributor of state pensions and social payments, which gives it deep regional reach.
- personal accounts, cards and deposits; pension and social-benefit disbursement;
- consumer loans, mortgages and micro/retail lending;
- SME and business accounts and lending;
- money transfers, utility payments, mobile and internet banking.
Its physical network is the main differentiator; it is less oriented toward remote onboarding of foreigners. Ownership note: in April 2026 Basisbank (China’s Hualing Group) acquired about 96% of Liberty Bank; both continue to operate as separately licensed banks.
Foreign-group and mid-size banks
Basisbank
A universal bank, about 92% owned by China’s Hualing Group, and now also the parent of Liberty Bank. Notable for renminbi (RMB) cross-border settlement alongside standard banking, and among the larger banks by assets.
- retail accounts, cards, consumer and mortgage loans, deposits;
- SME and corporate/business banking;
- trade finance and RMB–GEL settlement;
- internet and mobile banking.
Cartu Bank
A corporate- and business-focused bank (with some retail), long associated with the Ivanishvili family.
- corporate and SME lending, deposits and trade finance;
- international settlement (e.g. Visa B2B Connect) and premium cards;
- retail accounts and loans; internet/mobile banking with Apple/Google Pay.
Ziraat Bank Georgia
A wholly-owned subsidiary of Turkey’s state-owned T.C. Ziraat Bankası, serving Georgian–Turkish trade and corridor customers.
- retail and corporate banking, deposits and cards;
- money transfers (notably the Turkey corridor) and trade finance;
- digital banking.
ProCredit Bank
Member of the German-headquartered ProCredit Group, run as a development-oriented “house bank for SMEs” with a direct/online-banking model (few branches by design) and a green-lending focus.
- SME and business lending (its core) and business accounts;
- retail accounts, cards and deposits;
- trade finance; digital/direct banking.
TeraBank
A universal bank with a strategic focus on SMEs plus retail. Its shareholding has been in transition (historically UAE-linked, with a reported move to a Luxembourg holding) — confirm the current owner if that matters to you.
- retail deposits, loans (consumer, housing, auto, education), cards and transfers;
- SME/business lending, working capital, trade operations and payroll;
- internet and mobile banking.
Halyk Bank Georgia
A subsidiary of Halyk Bank (People’s Bank of Kazakhstan), one of Kazakhstan’s largest banks; a smaller player in Georgia serving retail and business clients.
- retail and business accounts, cards and deposits;
- consumer and business lending;
- digital banking.
PASHA Bank Georgia
A corporate-only bank (no mass retail), part of Azerbaijan’s PASHA Holding, focused on mid-to-large corporates and investment/trade.
- business loans, credit lines and syndicated loans;
- trade finance and corporate accounts;
- savings/time deposits and certificates of deposit;
- corporate digital banking.
Isbank Georgia
A wholly-owned subsidiary of Türkiye İş Bankası (Turkey’s largest private bank), serving Turkey–Georgia corporate and retail clients.
- retail and corporate banking, accounts, cards and deposits;
- loans, trade finance and Turkey-corridor services;
- digital banking.
VTB Bank (Georgia)
The Georgian subsidiary of Russia’s state-owned VTB. It remains on the NBG register but has been under US/EU/UK sanctions since 2022 and is reportedly unable to transact in USD, EUR or GBP. It is not a practical option for relocation banking — confirm its status before any dealings.
Silk Bank
A small universal bank, the renamed former Silk Road Bank. Confirm its current products directly with the bank.
Microfinance-origin bank
Credo Bank
A bank that grew out of microfinance (banking licence in 2017) and leads Georgian micro and rural finance, with hundreds of thousands of customers and a large regional service-centre network; a majority of its clients are in agriculture. Backed by impact investors and development finance institutions.
- micro and small-business loans (agriculture and rural entrepreneurs a core focus);
- retail deposits, accounts, cards and transfers;
- digital/mobile banking and a strong regional network.
New digital banks (2022–2023 licences)
Paysera Bank Georgia
A digital bank (licensed 2022), the Georgian arm of the Lithuania-founded Paysera fintech group. Payments- and account-centric, with EU/SEPA connectivity.
- multi-currency accounts, payment cards, transfers and currency conversion;
- SEPA / SEPA Instant euro payments;
- payment gateway, QR acceptance and merchant APIs;
- app/internet-banking based, with remote onboarding.
Hash Bank
A fully digital, crypto-friendly bank (digital-banking licence 2023) — branchless, mobile-first, with a full commercial licence allowing deposits and lending; a Visa partner.
- current accounts and instant digital payment cards;
- online payments, international transfers and currency exchange;
- flexible deposits and crypto-linked features within Georgian rules;
- real-time, app-based account management and remote onboarding.
Pave Bank Georgia
A fully digital, institution/corporate-focused “programmable” bank (licence 2023) built for regulated digital assets; venture-backed and B2B-only (not a consumer retail bank).
- multi-currency commercial accounts (many fiat currencies and stablecoins);
- corporate treasury, programmable payment flows and instant settlement;
- stablecoin, tokenised-asset and digital-asset management services.
A note on choosing
For everyday personal banking, most foreigners land on Bank of Georgia or TBC for their English apps and service, or a digital bank if they want to open remotely. Business and corporate needs are also served by ProCredit, PASHA, Cartu and the foreign-group banks. Whichever you pick, the deciding factors in practice are current onboarding policy for your nationality, remote-opening availability, and the specific products you need — all set by the bank and subject to change.
Deposits at licensed Georgian banks are covered by the country’s deposit insurance scheme up to the statutory limit; check the current coverage amount with the Deposit Insurance Agency or the bank.
This is general information, not financial advice. Bank ownership, product ranges, foreigner-acceptance and remote-onboarding policies change; the list of licensed banks is maintained by the National Bank of Georgia. Confirm the current position with the National Bank of Georgia and the individual bank before you rely on anything here.
Frequently asked questions
How many banks are licensed in Georgia?
The National Bank of Georgia currently lists 17 licensed commercial banks. The number rose in recent years after three digital-banking licences were issued (Paysera in 2022, Hash and Pave in 2023).
Which are the biggest banks in Georgia?
Bank of Georgia and TBC Bank are the two dominant universal banks (both listed in London through their parent groups). Liberty Bank is the third-largest by customers, with the country's widest branch and ATM network.
Which banks are best for foreigners?
Foreigners most often use Bank of Georgia and TBC for their English-language apps and branch service; the newer digital banks (Paysera, Hash) are built around remote onboarding. Acceptance of non-residents and remote account opening change frequently and are decided case by case, so confirm current policy with the bank.
Can I open an account remotely?
Some digital banks are designed for remote onboarding, while the traditional banks have tightened remote opening and often require an in-person visit or a power of attorney. Policies vary by bank, nationality and account type — verify before travelling.
Is VTB Bank Georgia usable?
VTB Bank (Georgia), a subsidiary of Russia's VTB, remains on the NBG register but has been under international sanctions since 2022 and is reportedly unable to transact in major hard currencies. It is not a practical option for relocation banking.