BGEO Group Financial Update
Banking Business | Focus on efficiency
Cost / Income ratio | half-year
Banking Business
44%
Cost Income ratio quarterly
Banking Business
44%
42.2%
41.5%
42%
42%
40.1%
39.2%
40%
38%
41.3%
40%
38.5%
36.8%
38%
35.7%
34.8%
36%
36%
34%
35.7%
34%
32%
32%
30%
30%
9M 2014
9M 2015
4Q 2013
1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
Cost/Income Ratio
Revenue and operating expenses | half-year
Banking Business
Operating Leverage
GEL millions
600
500
384.1
400
300
200
100
0
550.2
Revenue and operating expenses | quarterly
Banking Business
+2.7% q-o-q
+19.1% y-0-y
Operating Leverage
+18.5% y-0-y
196.7
158.5
9M 2014
Revenue
■Operating expenses
9M 2015
Holding company of BANK OF GEORGIA
BGEO www.bgeo.com
GROUP
November 2015
GEL millions
200
136.3
150
182.6
190.0
100
65.2
66.2
54.7
50
0
3Q 2014
Revenue
■Operating expenses
2Q 2015
3Q 2015
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