Strategic ReportStrategic ReportStrategic Report Financial Additional Overview Strategy Performance Governance Statements Information Wealth Management We are an established leader of investment management services in Georgia Bank of Georgia has been active in asset and wealth management since 2005. Accommodating 1,528 local and international clients from 76 countries worldwide, our Wealth Management business provides private banking services to high-net worth individual clients and offers investment management products internationally through representative offices in Eastern Europe, the Middle East and the UK. Our superior service, along with local economic stability, business friendly environment, favourable tax regime, and confidential nature of banks in Georgia, provides our clients with the unique opportunity to invest in Georgia and many foreign customers find this proposition very attractive. The Bank believes that its Wealth Management franchise can benefit by focusing on the distribution of local debt. In May 2017, we held the first regional conference of Wealth AUM Management in Tbilisi. The event aimed to introduce Georgia (GEL billion) as a regional hub for private banking services. The prospects Number of customers and challenges of making Georgia a regional banking centre were discussed within the framework of the conference, including theinvestment climate in Georgia, as well as the country’s economyand banking sector. In 2018, we sponsored a number of events 2.3 1,528 in Georgia and abroad. We plan to continue to actively support +22.3% y-o-y 76 regional events in the future. Number of countries BNB Well capitalised SME bank in Belarus JSC Belarusky Narodny Bank (BNB) offers individual and business banking services to SMEs and middle-income retail banking customers in Belarus. BNB was one of the first privately-owned commercial banks in Belarus, established in 1992. BNB targets wider retail penetration through digital channels. Annual Report 2018Bank of Georgia Group PLC 09