Tracking Georgia's Economic Recovery
US$ millions
WELL-ESTABLISHED FUNDING STRUCTURE | SEP-20
INTEREST BEARING LIABILITIES
Interest Bearing Liabilities GEL 18.4bln
Borrowin
gs
12.6%
Debt
securities
issued
8.9%
Other
amounts
owed to
CI
7.9%
Client
deposits
& notes
70.7%
Current
accounts
& demand
deposits,
43.7%
Time
deposits,
56.3%
BORROWED FUNDS MATURITY BREAKDOWN*
422
1.7%
6.6%
2.1%
0.3%
2.0%
0.6%
0.1%
339
0.7%
0.0% 0.0%
133
90
108
83
9
127
20
40
48
43
2020
2021
2022 2023 2024 2025 2026 2027
Subordinated Loans
Senior Loans
converted at GEL/US$ exchange rate of 3.2878 at 30 September 2020
2028
2029
Eurobonds
% of Total assets
30
WELL DIVERSIFIED INTERNATIONAL BORROWINGS
S
European Bank
for Reconstruction and Development
ADB
IFC LEFSE
FMO
EUROPEAN FUND FOR SOUTHEAST EUROPE
Black
Sea
Trade &
Other debt Others
securities, borrowings,
GEL
256mln,
6.5%
GEL
502min,
12.7%
Eurobonds,
GEL
1,372mln,
34.9%
DFIs,
GEL
1,808mln,
45.9%
Finance for Development Development
Bank
STRONG FUNDING PIPELINE
c.GEL 463 million undrawn long-term loan facilities from
DFIs at 30 September 2020 with up to seven years of
maturity
Liquidity and funding positions remain strong, following
repayment of GEL 500 million local currency bonds in
June 2020
Liquidity management: US$19.3 million Eurobonds due
2023 repurchased since July 2020View entire presentation