Silk Bank continues its remarkable growth trajectory in the second quarter and first half of 2025, underscoring both strong financial performance and accelerated digital innovation.

Consistent Growth Across Retail Segments
Retail and micro loans demonstrated triple-digit annual growth, with retail lending expanding by 121% y-o-y, and by 30% q-o-q. The loan book remains well-diversified across consumer, micro, and SME segments.

In Q2 2025, the Bank posted total interest income of GEL 6.7 million, a 15.7% quarter-over-quarter and 57.2% year-over-year increase. Net interest income surged to GEL 2.8 million, up 21.5% q-o-q and more than double y-o-y (+109.9%), reflecting expanding loan volumes and disciplined cost of funds.

On a half-year basis, interest income reached GEL 12.4 million, up 51% year-over-year. Even with a 34% increase in interest expenses (GEL 7.2 million), net interest income rose by 85%, driven by healthy yields and sound underwriting practices.

Digital Innovation: Setting the Pace for Georgian Banking

Silk Bank’s digital transformation continued at pace, with SilkApp surpassing 200,000 active users, now accounting for nearly 10% of Georgia’s banked population.

Key digital milestones in Q2 include:

• – Crypto Integration: Silk became the first Georgian bank to offer native cryptocurrency trading inside its mobile banking app, blending fiat and digital assets into a unified customer experience.
• – P2P Acquiring and interbank A2A Transfers: The launch of 24/7 native peer-to-peer acquiring and interbank account-to-account payments significantly boosted transaction speed and flexibility.
• – Gaming Focused Innovation: The PLAY card, tailored for the gaming community, now rewards users with 5% cashback in loyalty points on major international platforms.
• – Improved UX: Ongoing enhancements to app navigation, onboarding, and referral features have strengthened user engagement.

Strategic Partnerships Drive Ecosystem Growth

Silk Bank has deepened collaborations with leading fintech and technology providers including  Silknet,  Cryptal.com, OptioAI, Keepz, Nexus & Visa, accelerating innovation and creating scalable digital infrastructure.

Aleksi Khoroshvili,CEO of Silk Bank, stated: “Silk Bank is proud to lead Georgia’s open banking revolution and pioneer crypto integration within a regulated banking app. These innovations reflect our commitment to redefining finance through smarter, more inclusive digital services.”

Outlook: Building a Borderless, Digital-First Platform

Looking ahead, Silk Bank plans to launch fully digital onboarding for non-resident customers, expand diaspora-focused services, and roll out new AI-powered financial tools and investment features.

With a scalable architecture, fast-growing customer base, and expanding global ambition, Silk Bank is positioned to redefine digital banking across Georgia – and beyond.

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