Investor Presentaiton
40.00
35.00
30.00
25.00
20.00
15.00
10.00
5.00
Listed
portfolio
BANK OF GEORGIA
BANK OF GEORGIA OVERVIEW
http://bankofgeorgiagroup.com/
Stock price performance
May-18
Jul-18
Sep-18
Nov-18
Retail clients ('000)
Jan-19
Mar-19
May-19
% share of digital transactions in
total transactions
Sep-20
Nov-20
Jan-21
Jul-19
Sep-19
Selected operating metrics
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Profits & ROAE
Financial metrics (GEL million)
GBP 13.44
2015
2016
2017
2018
2019
as of 30-Jun-21
NIM
7.7%
7.4%
7.3%
6.5%
5.6%
NPL coverage
83.4%
86.7% 92.7% 90.5% 80.9%
2020 2Q20 2Q21 Change
4.6%
4.2% 4.7% 0.5ppts
76.3% 115.7% 73.1% -42.6ppts
Loan portfolio
5,367
Mar-21
May-21
Cost/income²
6,682 7,741 9,398 11,931 14,192 12,599 14,789 +17.4%
35.5% 37.7% 37.7% 36.7% 37.8% 39.7% 43.9% 36.4% -7.5ppts
GEL 14.4 billion gross loan portfolio breakdown* | 30 June 2021
30-Jun-20
30-Jun-21
Change
2,541
2,574
1.3%
Corporate loans,
GEL 4,949 million,
34.4%
2Q20
2Q21
Change
96.0%
96.2%
0.2ppts
ROAE¹
21.9%
22.2%
25.2%
26.4%
26.1%
13.0%
1.4%
25.6%
24.5%
20.8%
GEL million
500
370
379
296
274
341
295
15
Loan book growth
15.9%
21.4%
27.0%
18.9%
17.4%
Retail loans,
GEL 9,458 million,
65.6%
* Bank of Georgia Standalone.
Dividend record³ (GEL million)
Payout 10% 15%
ratio:
30%
36% 33% 34% 32% 30% 30%
Total dividend paid for the year
Dividend per share
Dividend per share CAGR (GEL) - 34.3%
2.44
2.55
2.08
1.92
1.6
1.68
1.2
122
124
0.56
98
102
72
80
0.24
51
24
GEORGIA
CAPITAL
Interim
dividend
2015
2016
2017
2018
2019
2020
1H20
1H21
2015
2016
2017
2018
2019
2020
1H21
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Georgia Capital PLC | 1. 2019 ROAE is adjusted for termination costs of former CEO and executive management, while 2018 ROAE is adjusted for demerger related expenses, one-off impact of re-measurement of deferred tax balance and termination costs of the former CEO. 2. 2019
cost/income ratio adjusted for GEL 12.4 million one-off employee costs (gross of income tax) related to termination benefits of the former executive management. 3. Actual dividend per share information for 2010-2016 years are adjusted for 19.9% Bog share issuance.
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