Georgia's Economic Outlook 2020
BUILDING BLOCKS TO BECOME THE FINANCIAL SERVICES HUB
WEALTH MANAGEMENT AIM-TO INCREASE AUM TO US$3.0BLN IN 5 YEARS TIME
STRONG INTERNATIONAL PRESENCE
Israel (2008), UK (2010), Hungary (2012), Turkey (2013)
STRONG INTERNATIONAL PRESENCE
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Wealth Management Vision Become the regional hub for
wealth management offering
London
Budapest
Tbilisi
Istanbul
Tel Aviv
AUM of GEL 2,704.4 million, up 14.1% y-o-y
Diversified funding sources:
"
Georgia 37%
Israel 8%
UK 2%
Germany 2%
CIS 24%
Other 27%
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Business and tax friendly environment
Secure and attractive destination
Conservative regulation and high level of banking
secrecy
Market dominated by two LSE listed banks with high
standards of transparency
Dedicated office in the centre of Tbilisi, since January 2019
SCHE GELDSCHRANK
RESORBAUANSTALT.
HERM.BODE
HANNOVER.View entire presentation