Category: News

Bank of Georgia Group PLC (the “Company“) published its 3Q24 and 9M24 financial results today. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com. Conference call instructions: Please click the link below to join the webinar: Webinar ID: 924 1282 1797 Passcode:134783 Or use the following international dial-in numbers…

Bank of Georgia Group PLC (the “Company” or the “Group”) confirms that it will publish its consolidated financialresults for the third quarter and the first nine months of 2024 on Tuesday, 12 November 2024, at 07:00 GMT. The results report and the results presentation will be available on the Company’s website at www.bankofgeorgiagroup.com. We will host a conference…

Bank of Georgia Group PLC (the “Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has been recognised as the World’s Best Digital Bank 2024 by Global Finance. As part of Global Finance’s 25th Annual World’s Best Digital Bank Awards programme, Bank of Georgia has also been named Best Consumer Digital Bank…

The Board of Directors of Bank of Georgia Group PLC (the “Company”) on 22 August 2024, announced an interim dividend of GEL 3.38 per ordinary share in respect of the period ended 30 June 2024, payable in Pound Sterling on 11 October 2024 (payment date) to those ordinary shareholders of the Company on the register of…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces today that its Board of Directors (the “Board”) has approved a GEL 73.4 million buyback and cancellation programme (the “Programme”). The Programme is consistent with the Group’s capital distribution policy to target a dividend/share buyback payout ratio in the range of 30-50% of annual profits. The programme will…

The Board of Bank of Georgia Group PLC (the “Company” or the “Group”) has declared an interim dividend of GEL 3.38 per ordinary share in respect of the period ended 30 June 2024, payable in Pounds Sterling on 11 October 2024 to those ordinary shareholders of the Company on the register of members at the close of business…

Bank of Georgia Group PLC (the “Company” or the “Group”) confirms that it will publish its consolidated financialresults for the second quarter and the first half of 2024 on Thursday, 22 August 2024, at 07:00 BST. The results reportand the results presentation will be available on the Company’s website at www.bankofgeorgiagroup.com. We willhost a conference call with investors and…

Bank of Georgia Group PLC (the “Company”) today published its 1Q24 financial results. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com. We will hold a conference call with investors and analysts today at 14:00 BST. Conference call instructions:Please click the link below to join the webinar: https://bankofgeorgia.zoom.us/j/95127802673?pwd=bzl6VndQMzlVN2tTb1RoVCtlSGtBZz09 Webinar…

On 22 May 2024, Bank of Georgia Group PLC’s banking business subsidiary, JSC Bank of Georgia (the “Bank”) issued a notice that it will redeem all of aggregate principal amount of the outstanding Notes equal to US$ 100,000,000 on 28 June 2024 (the “First Reset Date”). The Issuer will redeem the Notes for cash at…

Bank of Georgia Group PLC (the “Company” or the “Group”) confirms that it will publish its unaudited consolidated financial results for the first quarter of 2024 on Wednesday, 29 May 2024, at 07:00 BST. The results report and the results presentation will be available on the Company’s website at www.bankofgeorgiagroup.com. We will host a conference…

Bank of Georgia Group PLC (the “Company”) disclosed in its Preliminary Results for Full Year 2023 that the Board of Directors intended to recommend for shareholder approval a final dividend for financial year 2023 of GEL 4.94 per ordinary share payable in Pounds Sterling at the prevailing rate. The Company confirms that the dividend will…

Further to the publication on 25 April 2024 of Bank of Georgia Group PLC’s (the “Company”) (LSE:BGEO) Annual Report and Accounts for financial year 2023, the Company has today posted or made available to shareholders the 2024 Notice of Annual General Meeting (the “Notice of AGM”) and the related Form of Proxy. The Notice of…

Bank of Georgia Group PLC (the “Company”) has published its Annual Report and Accounts for the financial year ended 31 December 2023 (the “Annual Report 2023”). The Annual Report 2023 is available on the Company’s website at bankofgeorgiagroup.com. It will be submitted to the National Storage Mechanism and will be available for inspection shortly at…

On Tuesday, 9 April 2024, Bank of Georgia Group PLC’s banking business subsidiary, JSC Bank of Georgia (the “Bank”) successfully priced a USD 300 million offering of 9.5% perpetual subordinated callable additional tier 1 notes (the “Notes”). The Notes are denominated in USD and are expected to settle on 16 April 2024. The Notes are…

Bank of Georgia Group PLC (the “Company”) announces that, having received all necessary shareholder andregulatory approvals as of 29 March 2024, the acquisition of Ameriabank CJSC (“Ameriabank”) has now beencompleted. The Company will consolidate Ameriabank in the accounts of the Company as of end of March 2024. Note that, as disclosed in the class 1…

Bank of Georgia Group PLC announces that on 28 March 2024, Moody’s Investors Service (“Moody’s”) affirmed JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) Ba2 long-term local and foreign currency deposit ratings and revised the outlook from negative to stable. This follows Moody’s recent amendment of Georgia’s sovereign outlook from negative to stable.…

On 14 March 2024, Bank of Georgia Group PLC (the “Company”) announced that its shareholders had approved, by the passing of an ordinary resolution, the Company’s proposed acquisition of Ameriabank CJSC. The Company noted that regulatory approval from the National Bank of Georgia had also been received, and the Company intended to proceed to completion…

Bank of Georgia Group PLC (the “Company”) today published its 4Q23 and FY23 financial results. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com.  We will hold a conference call with investors and analysts today at 14:00 GMT. https://bankofgeorgia.zoom.us/j/99337532784?pwd=K0x2Sk5Lekp3MTNPRllic0tNNlhTdz09 Webinar ID: 993 3753 2784 Passcode: 816902  Or use the following international dial-in numbers available…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces today that its Board of Directors (the “Board”) has approved a GEL 100 million extension of the buyback and cancellation programme (the “Programme”). The Programme is consistent with the Group’s capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in the range…

On 19 February 2024, Bank of Georgia Group PLC (the “Company”) published its shareholder circular containing a notice of general meeting (the “General Meeting”) in connection with the proposed acquisition of Ameriabank CJSC (the “Transaction”). The General Meeting was held earlier today, at which the ordinary resolution to approve the Transaction and associated matters as set out in…

Bank of Georgia Group PLC (the “Company” or the “Group”) confirms that it will publish its preliminaryconsolidated financial results for the fourth quarter and the full year of 2023 on Friday, 15 March 2024, at 07:00 GMT.The results report and the presentation will be available on the Company’s website at www.bankofgeorgiagroup.com.We will host a conference call with investors and…

FOR IMMEDIATE RELEASE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT AND NOT A CIRCULAR OR EQUIVALENT DOCUMENT AND INVESTORS AND PROSPECTIVE…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces that its subsidiary, JSC Bank of Georgia  the“Bank” or “Bank of Georgia”) has signed a EUR 25 million subordinated facility agreement (Tier-2) with the Green for Growth Fund (GGF), Southeast Europe S.A., SICAV-SIF, and a EUR 20 million subordinated facility agreement (Tier-2) with the…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a multicurrency loan agreement (the “Facility”) with European Investment Bank (“EIB”), with a EUR 50 million limit and maturity of up to 7 years. The funds will be used…

Bank of Georgia Group PLC 3Q23 and 9M23 Results14 Nov 2023 / 07:00 Bank of Georgia Group PLC (the “Company”) today published its 3Q23 and 9M23 financial results. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com. We will hold a conference call with investors and analysts today at 14:00 GMT.…

Bank of Georgia Group PLC (the “Company” or the “Group”) confirms that it will publish its consolidated financial results for the third quarter and the first nine months of 2023 on Tuesday, 14 November 2023, at 07:00 GMT. The results report and the presentation will be available on the Company’s website at www.bankofgeorgiagroup.com. We will host a conference call…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces that its regulator, the National Bank of Georgia (the “NBG”), has published the unaudited profits of the regulated Georgian commercial banks for the first nine months of 2023. The unaudited profit figure which was disclosed by the NBG for JSC Bank of Georgia, the regulated banking subsidiary of…

The Board of Directors of Bank of Georgia Group PLC (the “Company”) on 17 August 2023 announced an interim dividend of GEL 3.06 per ordinary share in respect of the period ended 30 June 2023, payable in Pound Sterling on 27 October 2023 (payment date) to those ordinary shareholders of the Company on the register of…

Bank of Georgia, Bank of Georgia Group PLC’s main subsidiary, was chosen as one of the ESG-focused companies to share its sustainability practices with the world’s business community gathered in New York City last week. Nutsa Gogilashvili, Deputy CEO, subject to regulatory approval, in charge of Mass Retail Banking at Bank of Georgia, spoke at…

The Board of Directors of Bank of Georgia Group PLC (the “Company” or the “Group”) has declared an interim dividend ofGEL 3.06 per ordinary share in respect of the period ended 30 June 2023, payable in Pounds Sterling on 27 October 2023 to those ordinary shareholders of the Company on the register of members at the close of…

Bank of Georgia Group PLC (the “Company” or the “Group”) announces today that its Board of Directors (the “Board”) has approved a GEL 62 million share buyback and cancellation programme (the “Programme”). This is consistent with the Group’s capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in the range of 30-50% of…

Bank of Georgia Group PLC 2Q23 and 1H23 Results17 AUG 2023 / 07:00 Bank of Georgia Group PLC (the “Company”) today published its 2Q23 and 1H23 financial results. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com. Conference call instructions:Please click the link below to join the webinar: https://bankofgeorgia.zoom.us/j/92308563727?pwd=SXNyYmxRT29GUWl2cDFjdWdUWWdVUT09 Webinar ID: 923…

Bank of Georgia Group PLC (the “Company”) will publish its consolidated financial results for the second quarter and the first half of 2023 on Thursday, 17 August 2023, at 07:00 BST. The results report and presentation slides will be available on the Company’s website at www.bankofgeorgiagroup.com. We will host a conference call with investors and analysts…

At the Annual General Meeting of Bank of Georgia Group PLC (the “Company”) held on 19 May 2023, shareholders approved the payment of a final dividend of GEL 5.80 per ordinary share payable on 14 July 2023 (payment date) in Pound Sterling to those shareholders of the Company on the register of members at the close…

Bank of Georgia Group PLC 1Q23 Results   17 MAY 2023 / 07:00    Bank of Georgia Group PLC (the “Company”) today published its 1Q23 financial results. The results report and the investor presentation are available on the Company’s website at www.bankofgeorgiagroup.com.     Conference call instructions: Please click the link below to join the webinar:https://bankofgeorgia.zoom.us/j/98959296329?pwd=cUZRdVpMMjhaTWQxTkdxd0xRaFdvQT09  Webinar ID:…

Bank of Georgia Group PLC (the “Company”) announces that on 5 May 2023 Fitch Ratings (“Fitch”) upgraded JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) Long-Term Issuer Default Rating (IDR) from ‘BB-’ to ‘BB’. The Outlook remains Stable. Fitch noted that the rating upgrade reflected the strength of the Bank’s domestic franchise and…

Bank of Georgia Group PLC (the “Company“) will publish its financial results for the first quarter 2023 on Wednesday, 17 May 2023, at 07:00 BST. The results report and presentation will be available on the Company’s website at www.bankofgeorgiagroup.com We will host a conference call with investors and analysts on 17 May 2023, at 14:00 BST. Conference…

Bank of Georgia Group PLC (the “Company”) announces that Mr Levan Kulijanishvili, currently serving as Deputy CEO – Chief Operating Officer (COO) of JSC Bank of Georgia (the “Bank”) will step down from his role with effect from 12 May 2023. His primary duties will be temporarily handled by the Bank’s CEO until a replacement…

Bank of Georgia Group PLC (the “Company”) disclosed in its Preliminary Results for Full Year 2022 that the Board of Directors intended to recommend for shareholder approval a final dividend for financial year 2022 of GEL 5.80 per ordinary share payable in Pounds Sterling at the prevailing rate. The Company confirms that the dividend will…

Further to the publication on 24 March 2023 of Bank of Georgia Group PLC’s (the “Company”) (LSE:BGEO) Annual Report and Accounts for financial year 2022, the Company has today posted or made available to shareholders the 2023 Notice of Annual General Meeting (the “Notice of AGM”) and the related Form of Proxy. The Notice of…

Bank of Georgia Group PLC (the ‘Company’) has published its Annual Report and Accounts for the financial year ended 31 December 2022 (the ‘Annual Report 2022’). The Annual Report 2022 is available on the Company’s website at bankofgeorgiagroup.com. It will be submitted to the National Storage Mechanism and will be available for inspection shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.…

Bank of Georgia Group PLC (the “Group“) announces today that its Board of Directors (the “Board“) has approved an increase of up to GEL 148 million in its share buyback and cancellation programme. This is consistent with the Group’s capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in…

Bank of Georgia Group PLC 4Q22 and FY22 Results 16 FEBRUARY 2023 / 07:00 Bank of Georgia Group PLC (the “Group“) today published its 4Q22 and FY22 preliminary financial results. The results  report and the investor presentation are available on the Group’s website at www.bankofgeorgiagroup.com  Conference call instructions:Please click the link below to join the webinar:https://bankofgeorgia.zoom.us/j/92928157803?pwd=eW14Q1pCcjlLZ080aWRlei9pQk9BUT09 …

Bank of Georgia Group PLC (the “Group“) will publish its preliminary financial results for the fourth quarter and the full year 2022 on Thursday, 16 February 2023, at 07:00 GMT. The results report and presentation will be available on the Group’s website at www.bankofgeorgiagroup.com. The Group will host a conference call with investors and analysts on 16…

Bank of Georgia Group PLC (the “Group”) announces that members of JSC Bank of Georgia’s Executive Management Team, Nutsa Gogilashvili – Head of Mass Retail Banking, and Zurab Masurashvili – Head of SME Banking, have been promoted to Deputy CEOs, subject to regulatory approvals. Archil Gachechiladze, Bank of Georgia’s CEO, commented: “I am pleased to announce…

Bank of Georgia Group PLC (the “Group“) today published its 3Q22 and 9M22 financial results. The results report and the investor presentation are available on the Group’s website at www.bankofgeorgiagroup.com Conference call instructions:Please click the link below to join the webinar:https://bankofgeorgia.zoom.us/j/94535963316?pwd=YjlEOXFFS2FDNHR3Z3VFRVoxc0g4Zz09  Webinar ID: 945 3596 3316Passcode: 676792 Or use the following international dial-in numbers available at: https://bankofgeorgia.zoom.us/u/adUddteLJV Webinar ID: 945 3596…

Bank of Georgia Group PLC (the “Group“) will publish its results for the third quarter and nine months of 2022 on Thursday, 10 November 2022, at 07:00 GMT. The results report and presentation slides will be available on the Group’s website at www.bankofgeorgiagroup.com. The Group will host a conference call with investors and analysts on…

The Board of Directors of Bank of Georgia Group PLC (the “Group“) on 16 August 2022 announced an interim dividend of GEL 1.85 per ordinary share in respect of the period ended 30 June 2022, payable in Pound Sterling on 20 October 2022 (payment date) to the ordinary shareholders of the Group on the register…

Bank of Georgia Group PLC (the “Group”) announces that this week its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has been named World’s Best Consumer Digital Bank 2022, becoming a winner in one of only four global award categories. In addition to the major global award, Bank of Georgia has also…

Bank of Georgia Group PLC (the “Group”) announces that today its subsidiary JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the European Bank for Reconstruction and Development (“EBRD”) signed a loan agreement in the amount of the GEL equivalent of US$ 20 million with a maturity of five years. This funding comes under the EU4Business-EBRD Credit…

Bank of Georgia Group PLC (the “Group”) announces changes within JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) executive management team, with effect from 2 September 2022. Nutsa Gogilashvili, now serving as Head of Customer Experience and Human Capital Management, assumes the role of Head of Mass Retail and Micro Business Banking. Ms Gogilashvili…

Bank of Georgia Group PLC (the “Group”) today published its 2Q22 and 1H22 financial results. The results report and the investor presentation are available on the Group’s website at www.bankofgeorgiagroup.com.  Conference call instructions: Please click the link below to join the webinar:https://bankofgeorgia.zoom.us/j/91275111509?pwd=S1ZjTnorM2pocW1FdCtQVE4wckN4Zz09 Webinar ID: 912 7511 1509Passcode: 970611 Or use the following international dial-in numbers available at: https://bankofgeorgia.zoom.us/u/ab9vBn18RK Webinar ID: 912 7511 1509#Passcode: 970611…

Bank of Georgia Group PLC (the “Group”) will publish its results for the second quarter and first half of 2022 on Tuesday,16 August 2022, at 07:00 BST. The results report and presentation slides will be available on the Group’s website atwww.bankofgeorgiagroup.com. The Group will host a conference call with investors and analysts on 16 August 2022, at14:00…

At the Annual General Meeting of Bank of Georgia Group PLC (the “Group“) held on 20 June 2022, the shareholders approved the payment of a final dividend in respect of the Group’s 2021 earnings of GEL 2.33 per ordinary share payable in Pound Sterling to the ordinary shareholders of the Group on the register of…

Bank of Georgia Group PLC (the “Group“) announces today that its Board of Directors (the “Board“) has approved the commencement of a GEL 72.7 million share buyback and cancellation programme. This is consistent with the Group’s capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in the range of…

Bank of Georgia Group PLC (the “Group”) announces appointments to JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) executive management team, with effect from 1 July 2022, subject to necessary regulatory approvals. David Davitashvili, currently Deputy Chief Operating Officer, will be appointed as Deputy CEO, in charge of Data Analytics. In addition, Levan…

Bank of Georgia Group PLC (the “Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) today signed US$ 50 million Additional Tier 1 Capital Perpetual Subordinated Syndicated Facility (the “Facility”), with the European Bank for Reconstruction and Development (“EBRD”) and Swedfund International AB (“Swedfund”) as Lenders. The Facility is…

Bank of Georgia Group PLC (the “Group”) announces changes to JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”)executive management team, with effect from 1 July 2022, subject to necessary regulatory approval. David Chkonia, currently serving as Director of International Business, will be appointed as Deputy CEO – Chief Risk Officer, replacing George Chiladze, who has served in…

Further to the publication on 28 April 2022 of Bank of Georgia Group PLC’s (the “Company”) (LSE:BGEO) Annual Report and Accounts for financial year 2021, the Company has today posted or made available to shareholders the 2022 Notice of Annual General Meeting (the “Notice of AGM”) and related form of proxy. The Notice of AGM…

Bank of Georgia Group PLC (the “Group“) has published its first quarter 2022 results today. The results and the investor presentation are available on the Group’s website at www.bankofgeorgiagroup.com. We will hold an investor and analyst conference call today at 14:00 BST / 15:00 CEST / 09:00 EST. Webinar instructions:Please use the link below to join the…

Bank of Georgia Group PLC (the “Group“) will publish its first quarter 2022 results on Wednesday, 11 May 2022, at 07:00 BST. The results will be available on the Group’s website at www.bankofgeorgiagroup.com. We will host a conference call on 11 May 2022, at 14:00 BST / 15:00 CEST / 09:00 EST, to present and discuss…

Bank of Georgia Group PLC (the “Company”) has published its Annual Report and Accounts for the financial year ended 31 December 2021 (the “Annual Report 2021”). The Annual Report 2021 is available on the Company’s website at https://bankofgeorgiagroup.com. It will be submitted to the National Storage Mechanism and will be available for inspection shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In…

Bank of Georgia Group PLC (the “Group”) announces that Mel Carvill has been appointed as Chair of the Board of Directors with effect from 10 March 2022. In accordance with our succession planning procedures as disclosed in our 2020 Annual Report and in accordance with the National Bank of Georgia’s Code of Corporate Governance, Neil Janin…

Bank of Georgia Group PLC (the “Group”) has published 4Q21 and full year 2021 preliminary financial results. The results and the investor presentation are available on the Group’s website at www.bankofgeorgiagroup.com.  An investor/analyst call, organised by the Group, will be held on 22 February 2022, at 13:00 GMT / 14:00 CET / 08:00 EST. The call will…

Bank of Georgia Group PLC (the “Group”) will publish its fourth quarter and full year 2021 preliminary financial results on Tuesday, 22 February 2022 at 7:00 GMT. The results will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 22 February 2022, at 13:00 GMT / 14:00…

Bank of Georgia Group PLC (“the Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a US$ 200 million loan agreement with a maturity of five years with the Asian Development Bank (“ADB”) and the Japan International Cooperation Agency (“JICA”). The facility aims to support micro-, small- and medium-sized enterprises…

Bank of Georgia Group PLC (“the Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the U.S. International Development Finance Corporation (“DFC”) have signed a US$ 100 million loan agreement with a maturity of over 11 years. The facility will enable Bank of Georgia to on-lend to micro-, small-, and medium-sized…

Bank of Georgia Group PLC (the “Group”) has published today its financial results for the third quarter and the first nine months of 2021. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com.  An investor/analyst call, organised by the Group, will be held on 11 November 2021, at 13:00 GMT / 14:00 CET / 08:00…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the third quarter and the first nine months of 2021 on Thursday, 11 November 2021 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 11…

Bank of Georgia Group PLC (the “Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has been awarded the Best Consumer Digital Bank in Georgia award from Global Finance in 2021. The Bank has also been recognised as the Central & Eastern Europe regional winner in the Best Online Product Offerings and the…

Bank of Georgia Group PLC (the “Group”) announces that its Board has updated its dividend and capital distribution policy. The Group’s previous dividend policy targeted a payout of 25-40% of profits on an annual basis. In the light of the evolving macroeconomic situation and expected levels of medium-term growth, the Board has formally reviewed the Group’s…

Bank of Georgia Group PLC (“the Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the European Bank for Reconstruction and Development (“EBRD”) have signed a c.GEL 90 million loan agreement with a maturity of five years. The facility aims to continue to provide micro, small and medium-sized enterprises access to…

Bank of Georgia Group PLC (the “Group”) has published today its financial results for the second quarter and the first half of 2021. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com.An investor/analyst call, organised by the Group, will be held on 17 August 2021, at 14:00 BST / 15:00 CEST / 09:00 EST.…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the second quarter and the first half of 2021 on Tuesday, 17 August 2021 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 17 August…

Correction to expected minimum capital requirements table – Jun-21 changed to Jul-21 In April 2020, Bank of Georgia (the “Bank”) announced details of the National Bank of Georgia’s (the “NBG”) updated supervisory plan for the Georgian banking sector, which was mainly focused on the capital adequacy and liquidity initiatives that allowed the banking sector to…

In April 2020, Bank of Georgia (the “Bank”) announced details of the National Bank of Georgia’s (the “NBG”) updated supervisory plan for the Georgian banking sector, which was mainly focused on the capital adequacy and liquidity initiatives that allowed the banking sector to support financially stressed customers through the global COVID-19 pandemic. From a capital…

Bank of Georgia Group PLC (the “Group“) has published today its financial results for the first quarter of 2021. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 19 May 2021, at 14:00 BST / 15:00 CEST / 09:00 EST. The duration of…

Bank of Georgia Group PLC (the “Company“) confirms that, further to our announcement on 16 April 2021, shareholders will have the option to attend the Company’s Annual General Meeting (“AGM“) in person. The Annual General Meeting will be held at 10:00 am (London time) on Tuesday, 25 May 2021 at the offices of Baker &…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the first quarter of 2021 on Wednesday, 19 May 2021 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 19 May 2021, at 14:00 BST…

Bank of Georgia Group PLC announces that as of 21 April 2021, 4pm (BST), in proceedings #CL-2018-00026 before the High Court of England and Wales, where Roman Pipia (the “Claimant”) claimed US$ 286,499,892.00 (alternatively US$ 291,090,892.00) as damages from BGEO Group Limited (formerly BGEO Group PLC) (the “Defendant”), a subsidiary of Bank of Georgia Group…

Further to the publication on 31 March 2021 of the Bank of Georgia Group PLC (the “Company“) (LSE:BGEO) Annual Report and Accounts for financial year 2020, the Company has today posted or made available to shareholders the 2021 Notice of Annual General Meeting (the “Notice of AGM“) and related form of proxy. The Notice of…

Bank of Georgia Group PLC (the “Company”) has today published its Annual Report and Accounts for the financial year ended 31 December 2020 (the “Annual Report 2020”). The Annual Report 2020 is available to view on the Company’s website, https://bankofgeorgiagroup.com. A copy of the Annual Report 2020 has been submitted to the National Storage Mechanism and…

Bank of Georgia Group PLC (“Bank of Georgia Group” or the “Group”) announces a new appointment to the Board of Directors with effect from 12 March 2021. Mariam Megvinetukhutsesi has joined the Board as an independent non-executive director. Ms Megvinetukhutsesi has also been appointed as a member of the Risk and the Nomination Committees and,…

Bank of Georgia Group PLC (the “Group“) has published today its fourth quarter and the full year 2020 preliminary financial results. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 25 February 2021, at 13:00 UK / 14:00 CET / 08:00 U.S Eastern…

Bank of Georgia Group PLC (the “Group“) will publish its fourth quarter and the full year 2020 preliminary financial results on Thursday, 25 February 2021 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 25 February 2021, at…

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a EUR 25 million loan agreement with European Investment Bank (“EIB”) with the maturity of up to seven years (the “Facility”). This represents a top-up on the existing EUR 50 million multicurrency loan facility…

Bank of Georgia Group PLC announces that on 10 December 2020 Moody’s Investor Services (“Moody’s”) has upgraded JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) foreign currency deposit rating to Ba2 from Ba3, with a stable outlook. The Bank’s credit rating action follows the changes in local and foreign currency country ceilings applied…

Bank of Georgia Group PLC (the “Group”) is pleased to announce that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has been recognised as the best bank of 2020 in Georgia by The Banker. The Banker outlined that when selecting the winners this year the judges have placed particular emphasis on the ways banks…

Bank of Georgia Group PLC (“Bank of Georgia Group” or the “Group“) announces that today it is hosting a virtual Investor Day for analysts and investors. As part of the presentations, the management will update investors on the Group’s strategic goals and priorities as summarised below. Bank of Georgia Group is a Georgia focused Banking…

Bank of Georgia Group PLC (the “Group“) has published today its financial results for the third quarter and the first nine months of 2020. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. Additionally, the members of the board and management team will host a virtual Investor Day 2020 for analysts and investors, which…

Bank of Georgia Group PLC (the “Group”) is pleased to announce that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has unveiled a new collaboration with the world’s leading customer relationship management company, Salesforce, to deliver personalised positive digital experiences to its customers. This agreement is a major step towards the full digital transformation…

You are cordially invited to the Bank of Georgia Group PLC’s (the “Group” or “Bank of Georgia Group”) Investor Day, which will take place on Tuesday, 17 November 2020. The virtual video webcast event, held for the analysts and investors, will be hosted by the members of the Group’s board and management team. Please register…

Bank of Georgia Group PLC (the “Group“) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a one-year US$50 million Trade Finance Facility (the “Facility”) with Citi. The Facility has been arranged under the Continuing Agreement for Reimbursement of Trade Advances (“CARTA”), signed with Citi in 2011, and is the sixth successful…

Bank of Georgia Group PLC (the “Group“) has published today its financial results for the second quarter and the first half of 2020. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com An investor/analyst conference call, organised by the Group, will be held on 20 August 2020, at 14:00 UK / 15:00 CEST /…

Bank of Georgia Group PLC (the “Group”) is pleased to announce that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has been awarded its Best Consumer Digital Bank award from Global Finance in Georgia in 2020. The winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology…

Bank of Georgia Group PLC (the “Group”) will publish its financial results for the second quarter and the first half of 2020 on Thursday, 20 August 2020 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst call, organised by the Group, will be held on 20 August 2020,…

Bank of Georgia Group PLC (the “Group”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the European Bank for Reconstruction and Development (“EBRD”) have signed a US$ 100 million multi-currency loan agreement with a maturity of five years, allowing the Bank to draw-down the funds both in local…

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed an up to EUR 60 million loan guarantee agreement under the InnovFin SME Guarantee Facility (the “InnovFin Guarantee” or the “Guarantee”) with European Investment Bank Group (“EIB Group”). The InnovFin Guarantee covers 50% of every…

Bank of Georgia Group PLC (the “Group”) has published today its financial results for the first quarter of 2020. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 14 May 2020, at 14:00 UK / 15:00 CEST / 09:00 U.S Eastern Time.…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the first quarter of 2020 on Thursday, 14 May 2020 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 14 May 2020, at 14:00…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the first quarter of 2020 on Thursday, 14 May 2020 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 14 May 2020, at 14:00…

Bank of Georgia Group PLC confirms that, further to our announcement on 30 March 2020 and having taken into account the situation with the COVID-19 pandemic, the UK Government’s lockdown measures, and the health and safety of shareholders and employees, the Annual General Meeting (“AGM”) on 18 May 2020 will be held as a closed…

Bank of Georgia Group PLC (the “Group”) announces that, as a result of the impact of the COVID-19 global pandemic and wider stakeholder considerations, Archil Gachechiladze, Group Chief Executive, has confirmed his intention to contribute 50% of his 2020 fixed cash salary to support charitable causes in Georgia in their fight to counter the COVID-19…

Bank of Georgia Group PLC (the “Group”) announces that, further to our announcement on 3 April 2020, relating to the National Bank of Georgia’s (the “NBG”) updated supervisory plan for Georgian banking sector, we have now agreed with the NBG that JSC Bank of Georgia (the “Bank”) will create a general provision of GEL 400…

The National Bank of Georgia (the “NBG”), our banking regulator, has announced that it has introduced an updated supervisory plan for the Georgian banking sector. The initiatives under the revised supervisory plan are aimed at alleviating the negative financial and economic challenges created by the global COVID-19 pandemic in Georgia. The measures, which have been…

Further to the publication on 17 March 2020 of the Bank of Georgia Group PLC (the “Company”) (LSE:BGEO) Annual Report and Accounts for financial year 2019, the Company has today posted or made available to shareholders the 2020 Notice of Annual General Meeting (the “Notice of AGM”) and related form of proxy. The Notice of…

Bank of Georgia Group PLC (the “Company”) (LSE: BGEO) has today published its Annual Report and Accounts for the financial year ended 31 December 2019 (the “Annual Report 2019”). The Annual Report 2019 is available to view on the Company’s website, https://bankofgeorgiagroup.com. A copy of the Annual Report 2019 has been submitted to the National Storage…

Bank of Georgia Group PLC (the “Group“) announces that it has introduced a number of resilience protocols and a comprehensive business continuity plan aimed at protecting the health and safety of all of our staff and customers. These have been introduced in conjunction with the Government of Georgia and the National Bank of Georgia, our…

Bank of Georgia Group PLC (“the Group“) has published today its fourth quarter and the full year 2019 preliminary financial results. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held today at 13:00 UK / 14:00 CET / 08:00 U.S Eastern Time. The…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the International Finance Corporation (“IFC”), a member of the World Bank Group, have signed a GEL 100 million loan agreement with a maturity of 5 years. The facility will support the local currency needs of Georgian micro, small…

Bank of Georgia Group PLC (the “Group“) will publish its fourth quarter and the full year 2019 preliminary financial results on Thursday, 13 February 2020 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 13 February 2020,…

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a EUR 50 million loan agreement (the “Facility”) with European Investment Bank (“EIB”) with the maturity of up to 7 years. Up to 50% of the Facility can be drawn in Georgian Lari, while…

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a ten-year US$107 million subordinated syndicated loan agreement (the “Facility”) arranged by FMO – Dutch entrepreneurial development bank (FMO) in collaboration with other participating lenders including DEG – Deutsche Investitions- und Entwicklungsgesellschaft, the Finnish…

Bank of Georgia Group PLC (“the Group“) has published today its financial results for the third quarter and the first nine months of 2019. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held today at 13:00 UK / 14:00 CET / 08:00 U.S…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the third quarter and the first nine months of 2019 on Thursday, 7 November 2019 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on…

Bank of Georgia Group PLC (the “Group“) announces the launch of Optimo (“Optimo” or the “Platform”) – a digital solution for our customers to run their business sales and operations. The platform is designed to address the needs of micro, small and medium sized enterprises in optimising their day-to-day operations and better managing their businesses…

Bank of Georgia Group PLC (the “Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, Bank of Georgia’s customers can make…

Bank of Georgia Group PLC (“the Group“) has published today its financial results for the second quarter and the first half of 2019. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held today at 14:00 UK / 15:00 CEST / 09:00 U.S Eastern…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) has signed a one-year US$50 million Trade Finance Facility (“the Facility”) with Citi. The Facility has been arranged under the Continuing Agreement for Reimbursement of Trade Advances (“CARTA”), signed with Citi in 2011, and is the third successful transaction…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the International Finance Corporation (“IFC”) have signed a GEL 100 million loan agreement with a maturity of 5 years. The facility will support the local currency needs of Georgian micro, small and medium sized enterprises. The investment is…

Bank of Georgia Group PLC (the “Group“) will publish its financial results for the second quarter and the first half of 2019 on Wednesday, 14 August 2019 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 14…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the European Bank for Reconstruction and Development (“EBRD”) have signed a c.GEL 28 million loan agreement with a maturity of 5 years. The facility aims to continue to provide the micro, small and medium sized enterprises the access…

Bank of Georgia Group PLC announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) and the European Fund for Southeast Europe (“EFSE”) have entered into a US$10 million subordinated loan agreement with a maturity of 10 years. The subordinated loan facility qualifies for Tier II capital under the Basel III…

Bank of Georgia Group PLC (“Bank of Georgia Group” or the “Bank“) announces that the Bank is hosting an Investor Day for analysts and investors in Tbilisi on Tuesday 25 June 2019. As part of the investor presentations, the Bank will update investors on its strategic goals and priorities as summarised below. Over the medium-term,…

Bank of Georgia Group PLC (“the “Group” or “Bank of Georgia Group”) announces the acquisition of one of the leading Georgian e-commerce platforms, extra.ge (the “Platform”). The Platform facilitates consumer-to-consumer (C2C) and business-to-consumer (B2C) sales through its website and social media channels. extra.ge currently has c.350,000 returning visitors per month. Around 80,000 registered buyers and sellers and c.100,000 products and services…

At the Annual General Meeting of Bank of Georgia Group PLC (the “Company”) held on 17 May 2019, shareholders approved the payment of a final dividend of Georgian Lari 2.55 per ordinary share in respect of the period ended 31 December 2018 to ordinary shareholders of the Company on the register of members at the…

Bank of Georgia Group PLC (“the Group“) has published today its financial results for the first quarter of 2019. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held at 14:00 UK / 15:00 CET / 09:00 U.S Eastern Time. The duration of the…

You are cordially invited to the Bank of Georgia Group PLC’s (the “Group” or “Bank of Georgia Group”) Investor Day, which will take place in Tbilisi on Tuesday, 25 June 2019. This event, held for the analysts and investors, will be hosted by the members of the Bank of Georgia Group’s board and executive management…

Bank of Georgia Group PLC (the “Group” or “Bank of Georgia Group“) will publish its financial results for the first quarter of 2019 on Tuesday, 14 May 2019 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by Bank of Georgia Group, will be…

Further to the publication on 28 March 2019 of the Bank of Georgia Group PLC (the “Company” or “Bank of Georgia Group”) (LSE: BGEO) Annual Report and Accounts for financial year 2018, the Company has today posted or made available to shareholders the 2019 Notice of Annual General Meeting (Notice of AGM) and related form…

Bank of Georgia Group PLC (the “Group” or “Bank of Georgia Group”) announces changes and appointments to JSC Bank of Georgia’s (the “Bank” or “Bank of Georgia”) executive management team, with effect from 1 May 2019 unless otherwise stated, subject to the necessary regulatory approvals. The new management structure has been updated following the recent…

Bank of Georgia Group PLC (the “Company”) (LSE: BGEO) has today published its Annual Report and Accounts for the financial year ended 31 December 2018 (the “Annual Report 2018”). The Annual Report 2018 is available to view on the Company’s website, https://bankofgeorgiagroup.com. A copy of the Annual Report 2018 has been submitted to the National Storage…

On Thursday, March 21, Bank of Georgia Group PLC’s subsidiary, JSC Bank of Georgia (the “Bank“) successfully priced an inaugural U.S.$ 100 million offering of 11.125% Additional Tier 1 Capital Perpetual Subordinated Notes callable after 5.25 years and on every subsequent interest payment date, subject to prior consent of the National Bank of Georgia (the…

You are cordially invited to the Bank of Georgia Group PLC’s (the “Group” or “Bank of Georgia Group”) Investor Day, which will take place in Tbilisi on 25 June 2019. This event, held for analysts and investors, will be hosted by the members of the Bank of Georgia Group’s board and management team. A detailed…

Bank of Georgia Group PLC (“the Group“) has published today its 4th quarter and full year 2018 preliminary financial results. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held at 13:00 UK / 14:00 CET / 08:00 U.S Eastern Time. The duration of the…

Bank of Georgia Group PLC (“the Group“) will publish its fourth quarter and the full year 2018 financial results on Tuesday, 19 February 2019 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on 19 February 2019, at…

Bank of Georgia Group PLC (“the Group“) announces that the Group has launched a cutting-edge full-service real estate digital platform Area.ge – a platform that is unique in doing business in the Georgian real estate market. Area.ge offers a single space for the more convenient, timely and efficient interaction and information exchange to all stakeholders…

Bank of Georgia Group PLC (“the Group“) announces that on 25 January JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) opened a brand new office in the centre of Tbilisi’s Freedom Square, dedicated to serving its Wealth Management clients. The office resides in a historic 19th century building, which originally used to house the First Credit Society…

The Board of Bank of Georgia Group PLC (the “Group”) is pleased to announce the appointment of Archil Gachechiladze as Chief Executive of the Group and of JSC Bank of Georgia. He will join the Group with effect from 28 January 2019 and will become a member of the Board of Directors of the Group…

Bank of Georgia Group PLC (“the Group“) announces that the Group has co-operated with the European Fund for Southeast Europe (“EFSE”) to gain additional long-term funding totalling US$ 10 million with a maturity of 5 years. The funding from EFSE will be primarily directed at supporting the working capital financing and investment needs of micro…

Bank of Georgia Group PLC (“the Group“) announces that the Group has co-operated with the Green for Growth Fund (“GGF”) to gain additional long-term funding totalling US$ 25 million to finance micro and small enterprises, large businesses and public entities in Georgia. The 5-year facility from GGF will primarily serve the working capital financing and…

The Board of Bank of Georgia Group PLC (the “Group”) today announces that Kaha Kiknavelidze intends to step down from the Board and as Chief Executive of the Group and of JSC Bank of Georgia. The Board is now in the process of recruiting Kaha’s successor, and is pleased that Kaha will continue in the…

Bank of Georgia Group PLC (“Bank of Georgia Group“) is pleased to announce that JSC Bank of Georgia (“the Bank” or “Bank of Georgia”) has been recognised as the best bank of 2018 in Central and Eastern Europe by The Banker. One of the criteria for selection was the Bank’s successful transformation from a product focus to…

Bank of Georgia Group PLC (“Bank of Georgia Group“) is pleased to announce that JSC Bank of Georgia (“the Bank” or “Bank of Georgia”) has introduced a new payment method “QR PAY” to the local small business market. QR PAY has been designed by the Bank as an alternative payment mechanism to the traditional point of sale…

Bank of Georgia Group PLC (“the Group“) has published today its financial results for the third quarter and the first nine months of 2018. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held today at 13:00 UK / 14:00 CET / 08:00 U.S…

Bank of Georgia Group PLC (“the Group“) will publish its financial results for the third quarter and the first nine months of 2018 on Thursday, 22 November 2018 at 7:00 London time. The results announcement will be available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held on…

Bank of Georgia Group PLC (“Bank of Georgia Group” or “the Group”) announces new appointments to the Board of Directors (“the Board”) with immediate effect. Véronique McCarroll and Andreas Wolf have joined the Board as independent non-executive directors. Ms. McCarroll has also been appointed as a member of the Risk and Nomination Committees, and Mr. Wolf…

Bank of Georgia Group PLC (“Bank of Georgia Group“) is pleased to announce that JSC Bank of Georgia (“the Bank” or “Bank of Georgia”) has been awarded with a Consumer Digital Bank of Distinction Award from Global Finance in Central and Eastern Europe, for the second consecutive year. The winners were chosen among entries evaluated by a world-class panel…

You are cordially invited to a Georgia Day, which will take place in London on Friday, 12 October 2018. This event, held for analysts and investors, will be hosted by Galt & Taggart, Bank of Georgia Group PLC’s wholly owned brokerage arm, and the London Stock Exchange. Further details, including the agenda of the event…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia’s (“the Bank” or “Bank of Georgia”) one-year US$75 million Club Trade Finance Facility (“the Facility”) arranged in 2017 by Citi Bank (“Citi”) in collaboration with the Bank’s long-term partner international financial institutions – Asian Development Bank (“ADB”) and International Finance Corporation (“IFC”), a member…

Bank of Georgia Group PLC (“the Group“) has published today its financial results for the second quarter and the first half of 2018. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by the Group, will be held today at 13:00 UK / 14:00 CET / 08:00 U.S Eastern…

Bank of Georgia Group PLC (“the Group“) announces that JSC Bank of Georgia (the “Bank” or “Bank of Georgia”) continues to attract GEL-denominated funding as the Bank and Dutch development bank, Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”) have signed a GEL 160 million loan agreement with a tenor of five years. The local currency loan facility will reinforce…

Bank of Georgia Group PLC (“Bank of Georgia Group“) is pleased to announce JSC Bank of Georgia (“the Bank” or “Bank of Georgia”) has been recognised as the Best Sub-Custodian Bank in Georgia 2018 by Global Finance. The editorial review board of the Global Finance magazine considered market research, input from expert sources and entry information from banks to…

Bank of Georgia Group PLC (“Bank of Georgia Group“) is pleased to announce that the demerger of its investment business (the “Investment Business“) to Georgia Capital PLC (“Georgia Capital“) became effective prior to 8.00 a.m. this morning.

Bank of Georgia Group PLC (“BOGG“) announces that its planned reduction of capital (including capitalising the merger reserve created in connection with the Scheme and as described in its prospectus dated 26 March 2018, the “Prospectus“) became effective on 23 May 2018 (“Reduction of Capital“). The Reduction of Capital is a legal and accounting adjustment…

Further to the announcement by Bank of Georgia Group PLC (“Bank of Georgia Group“) earlier today, Bank of Georgia Group is pleased to announce that admission of its ordinary shares to the premium listing segment of the Official list and to trading on the London Stock Exchange’s main market for listed securities took place at…

Bank of Georgia Group PLC (“Bank of Georgia Group“) has published today at 7:00 London time its financial results for the first quarter of 2018. The results announcement is available on the Group’s website at www.bankofgeorgiagroup.com. An investor/analyst conference call, organised by Bank of Georgia Group, will be held today at 14:00 UK / 15:00 CET…

Bank of Georgia Group PLC (“Bank of Georgia Group”) is pleased to announce that all of the conditions to the scheme of arrangement of BGEO Group PLC (“BGEO”), which was announced on 26 March 2018, (the “Scheme”) in connection with the proposed separation of BGEO’s investment business (the “Investment Business”) by demerger (the “Demerger”) to…

BGEO Group PLC (“BGEO” or the “Group“) announces that the proposed new holding company of the Group, Bank of Georgia Group PLC (“Bank of Georgia Group“) expects to publish its financial results for the first quarter of 2018 on Monday, 21 May 2018 at 7:00 London time. The results announcement will be available on the…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Bank of Georgia (“the Bank”) has been recognised as the Best Issuing Bank Partner for Women Owned Businesses in Europe and Central Asia in 2017 by International Finance Corporation’s (“IFC”) Global Trade Finance Programme (“GTFP”) in cooperation with Banking on Women Programme. Since…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s real estate subsidiary, m2 Real Estate (“m2”or the “Company”), has acquired an under construction hotel in Gudauri (“the Gudauri Hotel”) for a total cash consideration of US$7.2 million (including VAT). The Gudauri Hotel is expected to add at least 134 rooms to m2’s portfolio,…

BGEO Group PLC (the “Group” or “BGEO”), announces that its investment business holding company, JSC Georgia Capital (“Georgia Capital”), has acquired a 60% indirect controlling interest in Kindzmarauli Marani, LLC (“Kindzmarauli”) through a locally established special-purpose vehicle for a total consideration of US$7.25 million (representing a cash payment for an equity stake and the buyout…

BGEO Group PLC (the “Group” or “BGEO”), announces that on 29 March2018 credit rating agency Moody’s upgraded the credit rating of JSC Bank of Georgia’s senior unsecured notes, previously JSC BGEO Group’s notes prior to their recent substitution, by two notches to Ba2. The outlook on the senior unsecured notes has also been changed to…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s real estate subsidiary, m2 Real Estate (“m2” or the “Company”), has acquired an 8,512 square metre land plot in Telavi, Kakheti for a total cash consideration of US$1.5 million. The Company intends to develop a hotel on the acquired land plot with approximately 130…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group has appointed Zdenek Radil as Chief Executive Officer of Global Beer Georgia LLC (the “Global Beer Georgia” or the “GBG”) with immediate effect. GBG is the beer business arm of the Group’s beverage business (“Teliani”). Prior to this appointment, Zdenek served as an Independent…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Galt & Taggart (the “Company” or “Galt & Taggart”) has been recognised as the Best Investment Bank in Georgia 2018 by Global Finance for the fourth consecutive year. The editorial review board of the Global Finance magazine selected the winners based on inputs from industry experts.…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s real estate subsidiary, m2 Real Estate (“m2” or the “Company”), has opened a Ramada Encore hotel (the “Hotel”) in Tbilisi – the Company’s first hotel under an Exclusive Development Agreement with Wyndham. The Hotel has a capacity of 152 rooms, a restaurant, offers conferencing…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Bank of Georgia (the “Bank of Georgia”) has signed a loan agreement with Symbiotics (“the Company”) – a Swiss investment company active in emerging and frontier economies. The GEL-denominated loan facility, totaling GEL 25 million (US$10 million) and with a maturity of two…

BGEO Group PLC (“BGEO” or the “Group“) has published today its financial results for the 4th quarter 2017 and the full year 2017. The results announcement is available on the Group’s website at www.bgeo.com. An investor/analyst conference call, organised by BGEO, will be held today at 13:00 UK / 14:00 CET / 08:00 U.S Eastern Time. The duration…

BGEO Group PLC (the “Group” or “BGEO”), announces that its investment business holding company, JSC Georgia Capital, has mandated a number of investment banks to consider the potential issuance of a Eurobond.  There can be no certainty that a transaction will take place and a further announcement will be made, if appropriate, in due course.

BGEO Group PLC (“BGEO” or the “Group“) will publish its financial results for the 4th quarter 2017 and the full year 2017 at 07:00 London time on Friday, 16 February 2018. The results announcement will be available on the Group’s website at www.bgeo.com. An investor/analyst conference call, organised by BGEO, will be held on, 16 February 2018, at…

BGEO Group PLC (the “Group” or “BGEO”), announces that its investment business holding company, JSC Georgia Capital, has acquired a 100% equity stake in a leading Georgian craft beer producer, Black Lion LLC (“Black Lion” or the “Company”). Black Lion is the largest producer of a premium class craft beer in Georgia and operates a…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Bank of Georgia (“the Bank”) has been recognised as the Best Foreign Exchange Provider in Georgia 2018 by Global Finance for the second consecutive year. The editorial review board of the Global Finance magazine selected the winners based on inputs from industry analysts,…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s property and casualty insurance subsidiary, JSC Aldagi (“Aldagi” or the “Company”), has signed a three-year partnership agreement with JSC Credo Bank (“Credo Bank” or the “Bank”). Credo Bank was originally established as a microfinance organisation in 2007 and obtained a banking license in March 2017.…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Bank of Georgia (“the Bank”) has been recognised as the Best Trade Finance Bank in Georgia in 2017 by Global Finance for the second consecutive year. The editorial review board of the Global Finance magazine selected the winners based on inputs from industry…

BGEO Group PLC (the “Group” or “BGEO”) announces that in light of the proposed demerger the Group’s Board of Directors has approved the renaming of the Group’s Investment Business to Georgia Capital (the “Company”). The new name better reflects the Company’s focus to capitalise on Georgia’s fast-growing economy by investing its capital solely in Georgia. As a…

BGEO Group PLC (the “Group” or “BGEO”), announces that its banking business subsidiary, JSC Bank of Georgia (the “Bank”) has recently drawn-down GEL 135 million – the second tranche of the local currency facility signed with European Bank for Reconstruction and Development (“EBRD”) in May 2016. Similar to the first tranche disbursed upon signing the loan…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s property and casualty insurance subsidiary, Aldagi (the “Company”), has signed a major third-party partnership agreement with JSC Liberty Bank (“Liberty Bank” or the “Bank”) to enhance the distribution capabilities of its motor third party liability (“MTPL”) insurance business. Liberty Bank is the third largest bank…

BGEO Group PLC (the “Group” or “BGEO”), announces that Georgian National Energy and Water Supply Regulatory Commission (“GNERC”), the independent body that regulates the Group’s utility and energy business – Georgia Global Utility (“GGU” or the “Company”), has approved new tariffs for water supply and sanitation (“WSS”) services. The tariffs have been updated according to…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s real estate subsidiary, m2 Real Estate (“m2” or the “Company”), has signed its first major third-party construction contract. m2has been awarded the contract to construct the shell and core of a new shopping mall and business centre located in Tbilisi’s Saburtalo district (the “Project”).…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s utility and energy subsidiary,Georgia Global Utilities (“GGU” or “the Company”), has today commenced construction of Bodorna hydro power plant (“Bodorna HPP”) near Bodorna reservoir, an integral part of the Company’s water utility infrastructure located approximately 55 kilometers away from Tbilisi. The 2.5MW plant will…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s real estate subsidiary, m2 Real Estate (“m2” or “the Company”), has signed its largest ever franchise agreement as part of its “asset light” strategy. m2 will construct and develop a residential complex under the m2 brand name on a third-party land plot located on…

BGEO Group PLC (“BGEO” or the “Group“) has published today its financial results for the third quarter and the first nine months of 2017. The results announcement is available on the Group’s website at www.bgeo.com. The results discussion will take place on Thursday, 9 November 2017, during the Investor Day held by BGEO Group in Tbilisi at the…

BGEO Group PLC (“BGEO” or the “Group”) announces that the Group is hosting an Investor Day for analysts and investors in Tbilisi on Thursday 9 November 2017. As part of the investor presentations BGEO will update investors on its strategic goals and priorities as summarised below: Within the banking business:        – The…

BGEO Group PLC (“BGEO” or the “Group“) will publish its financial results for the third quarter and the first nine months of 2017 at 17:00 London time on Wednesday, 8 November 2017. The results announcement will be available on the Group’s website at www.bgeo.com. The results discussion will take place on Thursday, 9 November 2017, during…

BGEO Group will hold its annual Investor Day in Tbilisi on 9 November 2017 You are cordially invited to the BGEO Group PLC’s (the “Group” or “BGEO”) Investor Day, which will take place in Tbilisi on Thursday, 9 November 2017. This event, held for analysts and investors, will be hosted by members of the BGEO board…

BGEO Group PLC (the “Group” or “BGEO”), announces changes and appointments to the Group’s and JSC Bank of Georgia’s (the “Bank”) management teams. The new appointments have been made in the light of the Group’s proposed demerger announced on 3 July 2017, in preparation for which BGEO is separating the Group’s and the Bank’s Chief Financial Officer (“CFO”)…

BGEO Group PLC (the “Group” or “BGEO”), announces that on 13 September 2017 credit rating agency Moody’s upgraded JSC Bank of Georgia’s (“The Bank”) local-currency deposit rating to Ba2 from Ba3, and the Bank’s foreign-currency deposit rating to Ba3 from B1. The Bank’s senior unsecured foreign-currency rating was also upgraded to Ba2 from Ba3 with…

BGEO Group PLC (the “Group” or “BGEO”), announces that JSC Bank of Georgia (“the Bank”) has signed a one-year US$75 million Club Trade Finance Facility (“the Facility”) arranged by Citi in collaboration with the Bank’s long-term partner international financial institutions – Asian Development Bank (“ADB”) and International Finance Corporation (“IFC”) – a member of the…

You are cordially invited to the BGEO Group PLC’s (the “Group” or “BGEO”) Investor Day, which will take place in Tbilisi on 9 November 2017. This event, held for analysts and investors, will be hosted by the members of BGEO board and management team. A detailed agenda and registration details will be provided in the…

BGEO Group PLC (“BGEO” or the “Group“) has published today its financial results for the 2nd quarter 2017 and the first half of 2017. The results announcement is available on the Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO, will be held today at 14:00 UK / 15:00 CET / 09:00 U.S Eastern Time. The…

BGEO Group PLC (“BGEO” or the “Group“) published its financial results for the 1st quarter 2017 at 07:00 London time on Wednesday, 10 May 2017. The results announcement is available on the Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO, will be held on, 10 May 2017, at 14:00 UK / 15:00 CET / 09:00…

BGEO Group PLC (“BGEO” or the “Group“) will publish its financial results for the 4th quarter and full year 2016 at 07:00 London time on Monday, 20 February 2017. The results announcement will be available on BGEO Group’s website at www.bgeo.com. An investor/analyst conference call, organised by BGEO Group, will be held on, 20 February…

BGEO Group PLC (“BGEO” or the “Group“) will publish its financial results for the 4th quarter and twelve months ended 31 December 2016 at 07:00 London time on Monday, 20 February 2017. The results announcement will be available on BGEO Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO Group, will be held on,…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s wholly owned real estate subsidiary m2 Real Estate (“m2”) has successfully placed US$ 25 million bonds into the local market. The bonds were issued at par with a 3-year tenor and an annual coupon rate of 7.5%, payable semiannually. The Group’s investment banking and…

BGEO Group PLC (the “Group” or “BGEO”), a Georgia focused investment platform, announces that its banking subsidiary, JSC Bank of Georgia (the “Bank” or “BOG”) has agreed to acquire, for cash, a micro and small business portfolio from JSC ProCredit Bank Georgia (“ProCredit Bank”) – currently the third largest bank in Georgia by total assets…

BGEO Group PLC (the “Group” or “BGEO”), announces that the Group’s wholly owned utility and energy subsidiary, Georgia Global Utilities (“GGU”) has successfully placed a GEL30 million local currency bond for its’ water utility business unit, Georgian Water and Power LLC (“GWP”). The placement is the largest amount ever issued in local currency by a…

BGEO Group PLC (the “Group” or “BGEO”), a Georgia focused investment platform, announces that its banking subsidiary, JSC Bank of Georgia (the “Bank” or “BOG”), has issued a 2-year local currency linked internationally clearable global note in the amount of GEL 21.0 million settled in US$. The note has been issued through a private placement…

BGEO Group PLC (“BGEO” or the “Group”) announces that the Group is today hosting an Investor Day for analysts and investors in Tbilisi.As part of the presentation the Group will update investors on its medium term strategic goals which are summarised below: – A return on average equity in the Banking Business of at least…

BGEO Group PLC (the “Group” or “BGEO”), announces a key Group management appointment and key management appointments and a refreshed business unit structure at JSC Bank of Georgia (“BoG” or the “Bank”). Irakli Gilauri, Group CEO commented: “I am delighted to announce these appointments that will further strengthen management throughout the Group, following Kaha Kiknavelidze’s…

BGEO Group PLC (“BGEO” or the “Group”) will publish its financial results for 3rd quarter and nine-months 2016 at 17:00 London time on Monday, 21 November 2016. The results announcement will be available on BGEO Group’s website at www.bgeo.com. The results discussion will take place on Tuesday, 22 November 2016, during the Investor Day held…

BGEO will hold Investor Day on 22 November in TbilisiYou are cordially invited to the BGEO Group PLC’s (the “Group” or “BGEO”) Investor Day to be held on Tuesday, 22November 2016 in Tbilisi, Georgia. This event, held for analysts and investors, will be hosted by the members of BGEO board and management team. Registration link for BGEO: http://bgeo.com/investorday/.…

BGEO announces the appointment of a new CEO of JSC Bank of Georgia and related Board change BGEO Group PLC (the “Group” or “BGEO”), the holding company of JSC Bank of Georgia (the “Bank”), announces the appointment of Kakhaber (Kaha) Kiknavelidze as Chief Executive Officer of JSC Bank of Georgia, with immediate effect. Kaha replaces…

BGEO Group PLC (“BGEO” or the “Group”) will publish its financial results for 2nd quarter and half-year 2016 at 07:00 London time on Tuesday, 16 August 2016. The results announcement will be available on BGEO Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO Group, will be held on, 16 August 2016, at…

You are cordially invited to the BGEO Group PLC’s (the “Group” or “BGEO”) Investor Day, which will take place in Tbilisi on 22 November 2016. This event, held for analysts and investors, will be hosted by the members of BGEO board and management team. A detailed agenda and registration details will be provided in the…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (the “Bank” or “BOG”), Georgia’s leading bank, announces that BOG continues to attract longer term local currency funding as the Bank and Black Sea Trade and Development Bank (“BSTDB”) have signed a GEL 60 million loan agreement, with a 5-year…

BGEO Group PLC, the holding company of JSC BGEO Group (the Company), announces that the Company has completed the issuance of its US$350,000,000 6.00% notes due 2023 (the New Notes). The Regulation S / Rule 144A senior unsecured Notes were issued and sold at an issue price of 99.297% of their principal amount on 26 July 2016.…

BGEO Group PLC (“BGEO”) announces that JSC BGEO Investments, a wholly owned subsidiary of BGEO, has completed the recently announced acquisition of the remaining 75% equity stake in Georgian Global Utilities Limited (“GGU”). As a result of this buy-out, BGEO owns 100% of GGU. The BGEO announcement about the purchase of the remaining 75% stake in…

On 26 May 2016, the shareholders of BGEO Group PLC (the “Company”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia, Georgia’s leading bank, approved the declaration of a final dividend of Georgian Lari 2.4 per share in respect of the year ended 31 December 2015, payable to ordinary shareholders of the Company…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“BOG” or the “Bank”), Georgia’s leading bank, announces that the Bank and the European Bank for Reconstruction and Development (“EBRD”) have signed a c.GEL 220 million loan agreement, with a maturity of five-years. EBRD obtained the local currency funds through…

BGEO Group PLC will publish its financial results for 1Q 2016 at 07:00 London time on Tuesday, 24 May 2016. The results announcement will be available on BGEO Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO Group, will be held on, 24 May 2016, at 14:00 UK / 15:00 CET / 09:00…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“theBank”), Georgia’s leading bank, announces that its healthcare subsidiary, Georgia Healthcare Group PLC(“GHG“), has today announced that it has successfully completed its recently announced acquisition oneof the top three pharmaceutical retailers and wholesalers in Georgia. The acquisition was completed as…

BGEO Group PLC (BGEO) (LSE:BGEO) announces that, following the recent release of the BGEO Group PLC Annual Report & Accounts for the year ended 31 December 2015 (the 2015 Annual Report), erroneous wording has been identified in the notes to the consolidated financial statements at page 198. This previously stated that a table at Note…

BGEO Group PLC (BGEO) (LSE: BGEO) has today published its Annual Report and Accounts for the financial year ended to 31 December 2015 (the Annual Report 2015). A copy of the Annual Report 2015 has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM. The Annual Report 2015 is also available…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that its healthcare subsidiary, Georgia Healthcare Group PLC (“GHG“), has today announced that it has signed a binding Memorandum of Understanding, subject to relevant regulatory approvals, to acquire a 100% equity stake in JSC…

BGEO Group PLC will publish its financial results for 4Q 2015 and twelve month ended 31 December 2015 at 07:00 London time on Tuesday, 16 February 2016. The results announcement will be available on BGEO Group’s website at www.bgeo.com. An investor/analyst conference call, organized by BGEO Group, will be held on, 16 February 2016, at…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“BOG” or “the Bank”),announces the combination of its Corporate Banking and Investment Management businesses into a Corporate Investment Banking business (“CIB”). The merged business will leverage our superior knowledge and capital markets capabilities in the Georgian and neighbouring markets both in terms…

BGEO Group PLC (BGEO or the Group), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, was notified on Friday, 8 January 2016, by Sanne Fiduciary Services Limited (Sanne), acting as trustee of the Rubicon Executive Equity Compensation Trust (Trust), that Sanne purchased in the market 70,139 BGEO ordinary shares (Shares) at an average…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, was notified on Tuesday, 29 December 2015, by Sanne Fiduciary Services Limited (“Sanne”), acting as trustee of the Rubicon Executive Equity Compensation Trust (“Trust”), that Sanne purchased on Thursday, 24 December 2015 in the market 32,000 BGEO ordinary shares…

BGEO Group PLC (BGEO or the Group), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, was notified on Friday, 8 January 2016, by Sanne Fiduciary Services Limited (Sanne), acting as trustee of the Rubicon Executive Equity Compensation Trust (Trust), that Sanne purchased in the market 70,139 BGEO ordinary shares (Shares) at an average…

BGEO Group PLC (BGEO or the Group), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, was notified on Friday, 11 December 2015, by Sanne Fiduciary Services Limited (Sanne), acting as trustee of the Rubicon Executive Equity Compensation Trust (Trust), that Sanne purchased today in the market 73,440 BGEO ordinary shares (Shares) at an…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has received “The Bank of the Year 2015” award for both Georgia, and Central and Eastern Europe by The Banker magazine. The award is given annually to leading commercial and investment banks worldwide…

BGEO Group PLC (BGEO or the Group), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, was notified on Friday, 4 December 2015, by Sanne Fiduciary Services Limited (Sanne), acting as trustee of the Rubicon Executive Equity Compensation Trust (Trust), that Sanne purchased today in the market 12,217 BGEO ordinary shares (Shares) at an…

BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, was notified today by Sanne Fiduciary Services Limited (“Sanne”), acting as trustee of the Rubicon Executive Equity Compensation Trust (“Trust”), that on 27 November 2015, Sanne purchased in the market 135,000 BGEO ordinary shares (“Shares”) at…

Bank of Georgia Holdings PLC will publish its financial results for third quarter and nine months of 2015 at 07:00 London time on Monday, 23 November 2015. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk Results discusion will take place on Monday, 23 November 2015, during Investor Day held by Bank…

Bank of Georgia Holdings PLC (“BGH” or the “Group”) announces that it has completed the change of its name from Bank of Georgia Holdings PLC to BGEO Group PLC following its announcement regarding its intention to change the name in August 2015. Logo change: To reflect the change in name, the Group also changed its logo, replacing the…

Bank of Georgia Holdings PLC (“BGH” or the “Group”) announces that its wholly owned investment management subsidiary JSC Galt & Taggart (“Galt & Taggart” or the “Company”) has signed an agreement with Saxo Bank that will enable clients of Galt & Taggart to access global capital markets and invest on a multi asset basis. Galt…

Bank of Georgia Holdings PLC (“BGH”) announces appointments and the extension of management contracts following the legal restructuring of JSC Bank of Georgia (“BoG”) and its subsidiaries (together, the “Group”) undertaken in August 2015, as announced in December 2014.(link to previous announcements: http://bgeo.com/news ). There are no changes to the management structure of Bank of Georgia Holdings PLC,…

Bank of Georgia Holdings PLC will publish its financial results for 2Q and 1H 2015 at 07:00 London time on Thursday, 20August 2015. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk. Aninvestor/analyst conference call, organised by Bank of Georgia Holdings, will be held on Thursday, 20 August 2015, at…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has completed its legal restructuring as announced in December 2014 (link to December 2014 announcement: http://bogh.co.uk/en/announcements/bank-of-georgia-holdings-plc/press-releases). The reorganisation was undertaken in accordance with the National Bank of Georgia’s intention to regulate banks in Georgia…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces a new appointment to the Board of Directors of BGH (‘the Board”) effective immediately. Ms Hanna Loikkanen joins the Board as an independent non-executive director. She will also join the Supervisory Board of the Bank, subject…

On 21 May 2015, the shareholders of Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, approved the declaration of a final dividend of Georgian Lari 2.1 per share in respect of the year ended 31 December 2014, payable to ordinary…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has signed a USD 90 million subordinated loan agreement with the International Finance Corporation (“IFC”). IFC is providing long term financing to help increase the Bank’s role in diversifying Georgia’s economy, expand…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that Georgia Healthcare Group (“GHG”), the Bank’s healthcare subsidiary, has signed a binding Memorandum of Understanding, subject to relevant regulatory approvals, to acquire 50.0% equity interest in GNCo (the “Company”), with effective management and operational…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that Georgia Healthcare Group (“GHG”), the Bank’s healthcare subsidiary, has signed binding contract to acquire a 95% equity interest, subject to relevant regulatory approvals, in Deka LLC (“Deka”). Deka owns a hospital with a 350…

Bank of Georgia Holdings PLC will publish its financial results for 1Q 2015 at 07:00 London time on Wednesday, 20 May 2015. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be held on Wednesday, 20 May 2015, at…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has completed the integration of Privatbank Georgia (“Privatbank”), significantly ahead of schedule. Following the acquisition of the business in January 2015, the full integration of Privatbank has been completed in under 5 months, compared…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has signed a EUR 40 million agreement with the European Investment Bank (“the EIB”). The loan will be used to finance investment projects promoted by Micro & SME companies in Georgia. The…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has launched a new strategy for its premium banking service, Solo – a fundamentally different approach to premium banking. As part of the new strategy, the Bank’s Solo clients are given access…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces the successful completion of a US$20 million 2-year bond placement by the Bank’s wholly-owned real estate subsidiary m2 Real Estate. The bond was issued at par and carries a coupon rate of 9.5% payable semi-annually.…

Bank of Georgia Holdings PLC will publish its financial results for Q4 2014 and twelve months ended 31 December 2014 at 07:00 London time on Friday, 20 February 2015. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be held…

Bank of Georgia Holdings PLC will publish its financial results for Q3 2014 and nine months ended 30 September 2014 at 07:00 London time on Thursday, 6 November 2014. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has signed a US$35 million senior loan agreement with Deutsche Investitions und Entwicklungsgesellschaft mbH (“DEG”). The loan bears a maturity of five years and will be used to extend financing to the…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that JSC Evex Medical Corporation (“Evex”), the Bank’s healthcare subsidiary, has acquired 100% equity interest in a 60-bed hospital in Tbilisi providing a wide-range of in-patient and out-patient services with particular expertise in traumatology.The acquisition…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has received a EUR 15 million senior loan facility from Green for Growth Fund (“GGF”). The GGF loan will initially go towards financing energy efficient construction projects in Tbilisi, which will result…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces the successful closing of a US$10 million 3-year bond placement by the Bank’s wholly-owned leasing subsidiary Georgian Leasing Company LLC (GLC). The bond was issued at par and carries a coupon rate of 8.75%* payable…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that JSC BG Capital (“BG Capital”), the Bank’s brokerage arm has been renamed to JSC Galt & Taggart (“Galt & Taggart”). This move aims at bringing together the existing wealth advisory and research products and…

Bank of Georgia Holdings PLC (LSE: BGEO LN), the holding company of Georgia’s leading bank JSC Bank of Georgia (the “Bank”) and its subsidiaries (the “Group”), announced today the Group’s 1H 2014 and Q2 2014 consolidated results reporting a record half-year profit for 1H 2014 of GEL 112.0 million (US$63.3 million/GBP 37.2 million) and record…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that JSC Insurance Company Aldagi (“Aldagi”), the Bank’s insurance and healthcare subsidiary, has been split into two separate business units – a pure-play healthcare business that will provide healthcare services and health insurance products in…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has closed a US$25 million one-year Trade Finance Club Facility with Citi. The facility will allow the Bank to support the growth of its trade finance portfolio and further strengthen its leading…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has signed a US$20 million trade finance loan agreement with Turk Eximbank, the only official Export Credit Agency of Turkey to extend financing to Georgian companies that import Turkish consumer and capital…

Dear All, Further to our invitation to participate in Bank of Georgia Investor Day on 5 September 2014, we would like to inform you that the event will be held in Tbilisi, Georgia not in Batumi as previously announced. Bank of Georgia Investor day will feature presentations from our management team detailing Bank of Georgia…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has received a EUR 18.5 million senior loan from the European Fund for Southeast Europe (EFSE). The loan is expected contribute to expanding the Micro and Small Enterprise (SME) lending of the…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that its real estate subsidiary JSC m2 Real Estate (“m2RE”) has completed construction of its largest project to date. The project, which comprises 522 residential apartments with a total buildable area of 63,247 square metres…

On 28 May 2014, the shareholders of Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, approved the declaration of a final dividend of Georgian Lari 2.0 per share in respect of the year ended 31 December 2013, payable to ordinary…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces the successful closing of the US$5 million 1-year bond placement by JSC m2 (“m2”), its wholly-owned subsidiary managed by JSC m2 Real Estate, another wholly owned subsidiary of the Bank (“m2RE”). This was m2’s first…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the wholly-owned healthcare subsidiary of JSC Insurance Company Aldagi (“Aldagi”), the Bank’s wholly-owned healthcare and insurance subsidiary, has acquired a 100% equity interest in Sunstone Medical LLC, which owns a hospital in East Tbilisi…

Bank of Georgia Holdings PLC (LSE: BGEO LN) (the “Bank”), the holding company of JSC Bank of Georgia and its subsidiaries, Georgia’s leading bank, announces today the consolidated results for the quarter ended 31 March 2014. The Bank reported Q1 2014 profit of GEL 53.7 million (US$30.7 million/GBP 18.5 million), or GEL 1.51 per share (US$0.86 per share/GBP…

Bank of Georgia Holdings PLC will publish its financial results for Q1 2014 at 07:00 London time on Friday, 9th May 2014. The results announcement will be available on Bank of Georgia Holding’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be held on Friday, 9 May 2014, at…

Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN) announces that its Notice of Meeting for its 2014 Annual General Meeting is available to view on the Company’s website at www.bogh.co.uk. A copy of the Notice of Meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm. Printed copies…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”) Georgia’s leading bank, announces that JSC Insurance Company Aldagi (“Aldagi”), the Bank’s insurance and healthcare subsidiary, has completed a buy-out of a 49% minority shareholder of its healthcare subsidiary My Family Clinic (“MFC”). Aldagi has held a 51% controlling…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that Sascha Ternes has been appointed as Deputy CEO of the Bank in charge of special projects. “I am excited to welcome Sascha to our team. Sascha’s background encompasses in-depth experience in senior executive positions…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that BG Capital, the Bank’s the wholly-owned brokerage subsidiary, jointly with TBC Bank, the second largest Bank in Georgia, has lead-managed and underwritten a Georgian Lari (“GEL”) denominated bond issued by the European Bank for…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that Unimed Kakheti LLC, the wholly-owned healthcare subsidiary of JSC Insurance Company Aldagi (“Aldagi”), the Bank’s healthcare and insurance subsidiary, has increased its stake in Avante Management Group (“Avante”), from 80% to 100%. Aldagi acquired…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that Unimed Kakheti LLC, the wholly-owned healthcare subsidiary of JSC Insurance Company Aldagi (“Aldagi”), the Bank’s healthcare and insurance subsidiary, has acquired an 80% equity interest in Avante Hospital Management Group (“Avante”) that owns four…

Bank of Georgia Holdings PLC will publish its financial results for Q4 2013 and full year 2013 at 07:00 London time on Tuesday, 18th February 2014. The results announcement will be available on Bank of Georgia Holdings’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be held on Tuesday, 18th…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has received a US$65 million subordinated loan facility from IFC Capitalization Fund. The loan facility bears a maturity of ten years and will enable the Bank to further optimise its cost of…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”),Georgia’s leading bank announces that Unimed, the wholly-owned healthcare subsidiary of Aldagi, the Bank’sinsurance and healthcare subsidiary has acquired 100% equity interest in the 60 bed high-end, multi-specialtyhospital in Tbilisi. The hospital generated an estimated revenue of GEL 7.7 million…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces changes to its Board of Directors of BGH (the “Board”), effective immediately. These changes ensure that all non-executive directors are fully independent reflecting the Board’s commitment to promoting high standards of corporate governance. Two non-independent…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leadingbank announces that the Bank’s representative office in Istanbul has signed a joint services agreement with Aktif Bank, theprivately owned investment bank in Turkey to facilitate money transfer and other services for the Bank’s clients. Theagreement was signed…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has opened a representative office in Istanbul, Turkey, with a view of capturing investments and trade flows between Georgia and Turkey and deepening relationship with Turkish financial institutions and business community. The…

Bank of Georgia Holdings PLC (“BGH), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’sleading bank is hosting today an Investor Day for analysts and investors in Tbilisi, Georgia. As part of the presentation the Bank will update investors on its medium term strategic goals which aresummarised below:

Bank of Georgia Holdings PLC (“BGH), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank, Citi and Overseas Private Investment Corporation (OPIC) have closed a US$10 million term loan to fund the growth of the Bank’s microfinance portfolio in order to promote the financial inclusion of microentrepreneurs…

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Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that George Sharia has been appointed as the Chief Information Officer (CIO) of the Bank, effective immediately. George takes on the position from George Keshelashvili, who has been appointed as CEO of Georgian Card Holding*.…

You are cordially invited to the Bank of Georgia Investor Day to be held on 15 November in Tbilisi, Georgia. This event, held for analysts and investors, will be hosted by the members of Bank of Georgia management team. We expect to host a dinner with Senior Management, Regulators and Government Officials on the evening…

Bank of Georgia Holdings PLC will publish its financial results for 1H 2013 at 07:00 London time on Wednesday, 14 th August 2013. The results announcement will be available on Bank of Georgia Holdings’s website at www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings, will be held on Wednesday, 14th August 2013, at 14:00 UK /…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that George Chiladze has been appointed as the Chief Risk Officer (CRO) of the Bank, effective 1st September 2013. The position has been vacant since May 2013 following executive management reshuffle, which saw Sulkhan Gvalia,…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces appointment of Numis Securities Limited and RBC Europe Limited as joint corporate brokers for BGH. “We have made significant progress in raising market awareness and enhancing the investor profile of BGH since attaining a premium…

On 23 May 2013, the shareholders of Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, approved the declaration of a final dividend of Georgian Lari 1.50 per share, payable to ordinary shareholders of the Company in British Pounds Sterling pursuant…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement in the amount of US$ 10 million under the EBRD’s Caucasus Energy Efficiency Programme (CEEP). The loan bears…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank has decreased interest rates on its foreign currency (predominantly US$ denominated) and Georgian Lari (GEL) retail, corporate and wealth management term deposits, in line with the bank’s strategy and general trend across…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that IFC, a member of the World Bank Group, with the support of the Government of Canada, will provide JSC m2 Real Estate, the wholly-owned subsidiary of Bank of Georgia with a revolving loan to…

Bank of Georgia Holdings PLC (“BGH”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank announces that the Bank and KfW, German Development Bank acting on behalf of the German Government, have signed a loan agreement totaling EUR 25 million within the framework of KfW´s Renewable Energy Programme. The facility with…

Bank of Georgia Holdings plc (LSE: BGEO LN) (the “Bank”), the holding company of JSC Bank of Georgia and its subsidiaries, Georgia’s leading bank, announced today the consolidated results for Q3 2012 and nine months ended 30 September 2012 (IFRS based, derived from management accounts). The Q3 2012 profit for the period was GEL 46.6…

Bank of Georgia Holdings PLC (‘BGH’) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, announced today that its Board of Directors has appointed Nickoloz (Nick) Gamkrelidze as Bank of Georgia’s Group Chief Financial Officer. Prior to this appointment, Nick Gamkrelidze served as Chief Executive Officer of Aldagi BCI,…

You are cordially invited to the Bank of Georgia Investor Day to be held on 10-11 September in Tbilisi, Georgia. This event, held for analysts and investors, will be hosted by the members of Bank of Georgia management team. We expect to host a dinner with Senior Management, Regulators and Government Officials on the evening…

Bank of Georgia Holdings plc (BGH) (LSE:BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, announces that Irakli Gilauri, CEO will answer investors’ questions regarding the political developments in the country on Wednesday, 3 October 2012 at 15.00 UK/ 16:00 CET/ 10:00 U.S. Eastern Time. Dial-in numbers :    …

Bank of Georgia Holdings plc (BGH) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, announced today that the Bank has opened an Asset and Wealth Management Representative Office in Budapest, Hungary (the Budapest Representative Office). The Budapest Representative Office, which marks its formal opening today, is the…

Bank of Georgia Holdings plc (BGH) is today hosting an Investor Day for analysts and investors in Tbilisi,Georgia. As part of the presentation the Bank will update investors on its medium term strategic goals which aresummarised below: A full set of the presentation slides can be viewed on the BGH website at: http://www.bogh.co.uk/en/274

Bank of Georgia Holdings plc. (“BGH”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the “Bank”), Georgia’s leading bank, announced today that it is partnering with IFC, a member of the World Bank Group to expand lending to Georgia’s small and medium enterprises, focusing on women-owned businesses, and thus support their financial…

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Bank of Georgia Holdings plc. (“BGH”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the “Bank”), Georgia’s leading bank, announced today the launch of research services with an aim to provide comprehensive insight of the under-researched Georgian market to institutional and private investors (including our wealth management clients). The move will support the…

On 7 June 2012, the Directors of Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, announced that they had declared an interim dividend of Georgian Lari 0.70 per share, payable to ordinary shareholders of the Company in British Pounds Sterling…

In the Notice of Annual General Meeting dated 2 May 2012, Bank of Georgia Holdings PLC (the Company) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the Bank), Georgia’s leading bank, reconfirmed that it would retain the dividend policy previously approved by the Supervisory Board of the Bank. As a holding company…

Bank of Georgia Holdings PLC (LSE: BGEO LN), (the “Company” ), the holding company of JSC Bank of Georgia and its subsidiaries (the “Bank”), Georgia’s leading bank, welcomes yesterday’s announcement by the FTSE that the Company’s shares will be included in both the FTSE 250 Index and the FTSE All Share Index from 15 June…

Following the expiry of the 90-day notice period given by JSC Bank of Georgia (the Bank) to terminate the deposit agreement (the Deposit Agreement) in respect of all outstanding global depositary receipts (GDRs) in accordance with its terms, the Deposit Agreement has been terminated with effect from today. Pursuant to the terms of the Deposit…

Bank of Georgia Holdings plc. (“BGH”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the “Bank”), Georgia’s leading bank, announced today that during the first five months of 2012, the Bank has continued to deliver strong financial performance throughout the business. In April and May 2012, the Bank has built on the…

JSC Bank of Georgia (LSE: BGEO GSE: GEB), the leading Georgian universal bank (“the Bank”), announced today that all the resolutions put to shareholders at the Annual Meeting of Shareholders (“AGM”) held on 24 May, 2012 were passed by the required majority. These resolutions are contained in the Notice of the AGM dated 3 May…

Not for release, directly or indirectly, in or into the United States, Australia, Canada or Japan. JSC Bank of Georgia, the largest bank in Georgia, has mandated Bank of America Merrill Lynch, Credit Suisse and J.P.Morgan for a series of fixed income investor meetings to take place from 17-22 May in Europe and the US.…

Bank of Georgia Holdings plc will publish its financial results for Q1 2012 at 07:00 London time on Tuesday, 8 May 2012. The results announcement and presentation will be available on Bank of Georgia Holdings plc’s website at http://www.bogh.co.uk. An investor/analyst conference call, organised by Bank of Georgia Holdings Plc, will be held on Tuesday, 8…

Bank of Georgia Holdings plc. (“BGH”) (LSE: BGEO LN), the holding company of JSC Bank of Georgia (the “Bank”), Georgia’s leading bank, announced today that JSC Insurance Company Aldagi BCI (“Aldagi BCI”), a wholly-owned insurance subsidiary of the Bank, has acquired Meta Limited, the holding company which owns 51% of Imedi L, the third largest insurance and…

TO THE ATTENTION OF THE SHAREHOLDERS OF JSC BANK OF GEORGIA The Annual General Meeting (the “AGM”) of the shareholders of JSC Bank of Georgia (the“Bank”) is scheduled to be held on 24 May 2012, at 15:00. The agenda of the meeting is as follows: With respect to the items included in the agenda of…

Notice of Annual General Meeting Bank of Georgia Holdings plc (the Company) announces that its 2012 Annual General Meeting will be held on Friday 1 June 2012 at 11.00 am at Oriel Securities, 7th Floor, 150 Cheapside, London EC2V 6ET. In connection with this, the following documents have been posted or made available to shareholders…

Following the announcement by Bank of Georgia Holdings Plc and JSC Bank of Georgia (the Bank) on 8 March 2012 that the Bank had served notice on The Bank of New York Mellon (the Depositary) to terminate the deposit agreement (the Deposit Agreement) in respect of all outstanding global depositary receipts (GDRs) and that it…

Management Board of JSC Bank of Georgia announces that Annual General Meeting of Shareholders of JSC Bank of Georgia is intended to be held in May 2012. According to the resolution of the Supervisory Board of Bank of Georgia record date is 23 April, 2012. The agenda and recommendations, as well as place, date and…

Bank of Georgia Holdings plc (“BGH”) and JSC Bank of Georgia (the “Bank”), the leading bank in Georgia, announce that George Tchiladze (Giorgi Chiladze) has stepped down as Deputy Chief Executive Officer (Deputy CEO) Finance and has resigned as a member of the Management Board of JSC Bank of Georgia. BGH and the Bank also announce…

Bank of Georgia Holdings plc (“BGH“) announces that the reduction of capital described in the Prospectus issued by BGH on 20 December 2011 (the “Reduction of Capital“) has today been approved by the High Court of Justice of England and Wales (the “Court“). The Court Order approving the Reduction of Capital has been registered with…

Bank of Georgia Holdings plc, (LSE: BGEO LN), a holding company of JSC Bank of Georgia announces that JSC Bank of Georgia will publish its financial results for Q4 2011 and full year 2011 at 07:00 London time on  Tuesday, 20 March 2012. The Results announcement will be available on Bank of Georgia’s website www.bankofgeorgia.ge/ir. An…

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INOR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. This announcement does not contain, constitute or form part of any offer or invitation to sell or subscribe or any solicitation of any offer to purchase or subscribe for any securities in…

– Total revenues of GEL10.0 million, up GEL0.5 million, or 5.7% over Q2 2004– Expenses of GEL6.0 million, down GEL0.8 million, or -12.0% from Q2 2004– Operating profit of GEL4.0 million, up GEL1.4 million, or 51% over Q2 2004 October 28, 2004: JSC Bank of Georgia (“BoG”, GSE: GEB) reported total revenues of GEL 10.0…

JSC Bank of Georgia (GSE: GEB), a leading Georgian commercial bank, announced today the appointment of Irakli Gilauri as Chief Financial Officer and Deputy General Director. Prior to this appointment, Irakli worked as Associate Banker at European Bank for Reconstruction and Development (“EBRD”). Irakli holds a MSc degree in Banking and International Finance from the…