Silk Bank today announced its unaudited financial results for the fourth quarter and full year ended 31 December 2025.

For the full year 2025, Silk Bank generated net interest income of GEL 11.1 million, representing a 71.1% YoY increase compared with 2024. This performance was supported by higher interest income and continued margin expansion, with the net interest margin improving to 6.2% from 4.2% in the prior year. Total net operating income increased by 35.6% YoY to GEL 11.9 million.

In the fourth quarter of 2025, Silk Bank continued to deliver solid revenue momentum. Net interest income reached GEL 3.1 million, up 48.3% YoY and 6.6% QoQ, while total net operating income increased to GEL 3.5 million, representing growth of 40.2% compared with the same period last year.

As of 31 December 2025, total assets amounted to GEL 220.1 million, broadly stable year-on-year. Gross retail loan portfolio grew to GEL 114.5 million, while business lending declined as the Bank continued to reposition its balance sheet toward higher-return retail products. Customer deposits totaled GEL 139.4 million at year-end. Retail deposits increased by 18.2% YoY to GEL 59.6 million, partially offset by a reduction in business deposits, reflecting the ongoing shift toward a more granular and diversified funding base. The Bank maintained a strong capital position throughout the year, with the total regulatory capital ratio at 33.4% at the end of Q4 2025, well above regulatory requirements.

Silk Bank delivered substantial operational and digital progress in 2025. SilkApp continued to scale rapidly with total downloads surpassing 500,000. Customer engagement deepened significantly over the year, with SilkApp Tier II users increasing from approximately 26,000 in 2024 to more than 200,000 by the end of 2025.

Digital product adoption gained further momentum, particularly in retail lending. The MERE BNPL card became a core pillar of Silk Bank’s offering, with issued cards and approved limits increasing materially during the year, supported by a rapidly expanding merchant network. This growth highlights strong demand for Silk Bank’s mobile-first credit products.

Innovation remained central to Silk Bank’s strategy throughout the year. In 2025, the Bank became the first in Georgia to introduce native cryptocurrency trading within a regulated mobile banking application, integrating digital assets seamlessly alongside fiat accounts. The launch of 24/7 peer-to-peer acquiring and interbank account-to-account transfers significantly enhanced transaction speed and flexibility, while targeted propositions such as the PLAY card for the gaming community broadened Silk Bank’s appeal across distinct customer segments. Continuous improvements to onboarding, navigation and referral journeys further strengthened user engagement.

Artificial intelligence emerged as a key differentiator during the year with Silk Bank launching Georgia’s first AI-powered banking chatbot embedded directly within SilkApp. The chatbot provides instant customer assistance and is being further developed to deliver transaction insights and personalised product recommendations supporting the Bank’s ambition to move toward more proactive, data-driven financial services.

Aleksi Khoroshvili, Chief Executive Officer of Silk Bank, commented: “The rapid growth of SilkApp from a niche digital channel to a platform with more than 200,000 customers confirms the strength of our digital-first strategy and the growing demand for modern, mobile-led banking in Georgia.

2025 was a year of scaling and investment. The expansion of alternative data-driven lending, the successful rollout of the MERE BNPL card and the launch of Georgia’s first AI-powered banking chatbot demonstrate our ability to innovate at pace while laying the foundations for sustainable growth.

Looking ahead to 2026, our focus is firmly on execution. We are building a scalable digital-asset infrastructure to support secure, regulated crypto-fiat services for customers in Georgia and selected international markets. In parallel, we are advancing a robust AI roadmap aimed at both internal process optimisation across operations and risk and the delivery of a new generation of “prompt banking” enabling more intuitive, real-time and personalised customer interactions.

To support this next phase, we established an international advisory board toward the end of 2025, bringing additional global expertise to our strategic priorities. As we deepen retail lending, accelerate engagement across SilkApp and continue to exit legacy segments that no longer align with our long-term strategy, we remain focused on translating digital scale into improving profitability and long-term shareholder value.”

მეტი ინფორმაცის სანახავად დააჭირეთ ლინკს