BANK OF GEORGIA Financial Performance and Strategy
Introduction to Bank of Georgia
The leading universal bank in Georgia
No.1 by assets (33.0%) (¹), loans (31.8%) (¹), client deposits (28.3%) (¹) and equity (38.6%) (¹)
Assets of GEL 2.9 bn, Net Loans of GEL 1.7 bn, Client Deposits of GEL 1.3 bn and Equity of GEL 594.3 million
Leading retail banking, with top brand, best distribution network and broadest range of services of any bank in Georgia
Number of Retail Clients
Retail Accounts
Cards Outstanding
Branches
ATMs
December 2009
September 2009
December 2008
730,800+
700,000+
666,000+
999,000+
895,000+
866,000+
537,000+
569,000+
639,000+
141
140
151
382
394
416
Leading corporate bank with approximately 82,000 legal entities and over 153,000 current accounts
Leading card-processing, leasing, insurance, wealth management and brokerage services provider
Banking operations in Ukraine and Belarus, with BG Bank (Ukraine) and BNB (Belarus) accounting for less than 10% of BoG's
consolidated total assets
The only Georgian entity with credit ratings from all three global rating agencies
S&P: 'B/B' at the sovereign ceiling
Fitch Ratings: 'B/B'
Moody's: 'B3/NP (FC)' & 'Ba3/NP (LC)'
Listed on the London Stock Exchange (GDRs) and Georgian Stock Exchange
Market Cap (LSE) US$ 396 mln as of 14 April 2010
Approximately 95% free float
Issue of the first ever Eurobonds in Georgia
Bloomberg: BKGEO; 5 year, 9%, US$200 mln
B/Ba2/B (composite B+)
Ownership Structure
Management &
Employees**, 6.2%
Local Shares Held
by Domestic and
Foreign Retail
Shareholders, 2.5%
Institutional
Shareholders*,
91.3%
(1) All data according to the NBG as of 31 December 2009
LOLO
BANK OF GEORGIA
www.bog.ge/ir
* 5.8% of total shares outstanding held in local shares
** Includes GDRs held as part of EECP
April 2010
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