BGEO Group Financial Update
10.0
Banking Business | Funding structure is well established
Interest Bearing Liability structure | 9M 2015
Banking Business
Interest Bearing
Liabilities GEL 7.9 bn
Debt securities Other liabilities,
issued, GEL GEL 230.6 mln,
1,000.0 mln,
Borrowings, GEL
1,068.7 mln,
13.5%
12.7%
2.9%
Current
account &
Client deposits &
notes, GEL
demand
deposits
4,649.6 mln,
49.94%
58.9%
Well diversified international borrowings | 3Q15
Banking Business
European Bank
for Reconstruction and Development
OPIC
Other debt
securities,
GEL 53.1
mln, 2.6%
Time deposits
50.6%
DEG
KFW-GRUPPE
CIFC
FMO
ADB
World Business
Capital
Financing Business Acress Borders
EFSE
Eurobonds,
GEL 946.9
mln, 45.8%
Others
borrowings,
GEL 118.8
mln, 5.7%
DFIs, GEL
949.9 mln,
45.9%
USD millions
Other amounts due
to credit
institutions, GEL
943.1 mln, 12.0%
Borrowed funds maturity breakdown*
Banking Business
Excl. US$400 mln
Eurobonds maturing
in 2017
•
Finance for Development
EUROPIAN FUND FOR SOUTHEAST EUROPE
Interest bearing liabilities
Banking Business has a well-balanced funding structure with
58.9% of interest bearing liabilities coming from client deposits
and notes, 12.0% from Developmental Financial Institutions
(DFIs) and 12.0% from Eurobonds, as of 30 September 2015
The Bank has also been able to secure favorable financing from
reputable international commercial sources, as well as DFIs, such
as EBRD, IFC, DEG, Asian Development Bank, etc.
As of 30 September 2015, US$ 71.9 million undrawn facilities
from DFIs with one to seven year maturity
100
40
BRERO
2.3%
4%
2.0%
1.7%
90 0.7%
1.6%
1.2%
80
0.6% 0.1% 0.0%
0.0%
2%
75.0
90.0
70
62.6
65.0
0%
•
60
-2%
50
47.8
10.0
-4%
25.4
30
23.3
-6%
•
20
37.8
1.9
1.0
0.8
-8%
10
-10%
2015
2016 2017
2018
2019
2020
2021
2022
2023
2025
Senior Loans
Subordinated Loans
% of Total assets
Holding company of BANK OF GEORGIA
BGEO www.bgeo.com
GROUP
November 2015
* Consolidated, converted at GEL/USS exchange rate of 2.3816 of 30 September 2015
** Total Assets as of 30 September 2015
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