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. 4Q22 and FY22 results highlights:  Figures were adjusted for a one-off GEL 391.1 million other income due to the settlement of an outstanding legacy claim, and […]

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- […]

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 […]

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«) 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. 

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 […]