Our investment case
Bank of Georgia Group PLC operates two leading, customer-centric universal banks that are at the forefront of digital innovation and social impact in Georgia and Armenia, two high-growth, structurally attractive economies in EMEA. Our goal is to deliver long-term value for our shareholders through consistently high-profitability, a robust balance sheet, and a generous capital distribution policy.
We aim to create sustainable opportunities for our customers, employees, and the communities where we operate by developing innovative products and services and doing business the right way.
Our performance
We have consistently demonstrated strong business growth, superior profitability and delivered on our targets:
ROE 20%+ and loan book growth c.15%*
*The loan book growth target was revised from c.10% to c.15% in April 2024
Return on average equity
*Adjusted for one-off items
2019
2020
2021
2022
2023
Loan book annual growth
Constant currency basis
Strong balance sheet
We continue to maintain strong capital, liquidity and funding positions. Our robust capital base has enabled us to invest in strategic areas, maintain comfortable buffers above minimum regulatory requirements and return capital to our shareholders.
JSC Bank of Georgia
Diversified institutional investor base
