Strategic ReportStrategic ReportStrategic Report Financial Additional Overview Strategy Performance Governance Statements Information Abbreviations ADB Asian Development Bank AFS Available-for-sale AGM Annual General Meeting ALCO Asset and Liability Committee AML Anti-money laundering ATMs Automated teller machines AUM Assets under management BNB Belarusky Narodny Bank BSTDB Black Sea Trade and Development Bank CAGR Compounded annual growth rate CAR Capital adequacy ratio CIB Corporate Investment Banking CSAT Customer satisfaction DCFTA Deep and Comprehensive Free Trade Agreement DEG Deutsche Investitions – und Entwicklungsgesellschaft – German Investment and Development Corporation DFI Development finance institutions DTR Disclosure, Guidance and Transparency Rules EBRD European Bank for Reconstruction and Development EBT Employee Benefit Trust EECP Executives’ Equity Compensation Plan EFSE European Fund for Southeast Europe EIB European Investment Bank EPS Earnings per share ESMS Environmental and Social Risk Management Procedures ESOP Equity-Settled Option Plan EUR Euro EY Ernst & Young FDI Foreign direct investment FMO Financierings-Maatschappij voor Ontwikkelingslanden: The Netherlands Development Bank FRC Financial Reporting Council GBP Great British Pound, national currency of the UK GDP Gross domestic product GDRs Global depositary receipts GEL Georgian Lari or Lari, national currency of Georgia GLC Georgian Leasing Company IAS International Accounting Standards IASB International Accounting Standards Board IFC International Finance Corporation IFRS International Financial Reporting Standards IMF International Monetary Fund IRR Internal rate of return JSC Joint stock company KfW Kreditanstalt für Wiederaufbau KPIs Key performance indicators LSE London Stock Exchange Annual Report 2018Bank of Georgia Group PLC 285