Investor Presentaiton
Georgia accounts
Revenue, Consolidated
for 81.5% of total Revenue
consolidated
-4.5%
+3.3%
+67.1%
YTD revenues,
300.0
BG Bank 4.2%
and BNB 3.6%
250.0
Standalone
200.0
Revenue grew
8.4% q-o-q while
standalone Total
150.0
+68.9%
+104.1%
151.4
64.0
Revenue as a function of loan book change
2,200
2,150
252.9
249.6
241.6
2,100
2,050
88.5
96.2
90.8
2,000
1,950
1,900
1,850
164.5
150.8
153.4
1,800
1,750
1,700
Recurring
100.0
74.2
Operating Costs
43.9
33.8
grew by 7.4% q-
50.0
87.4
16.9
o-q, achieving
40.4
27.0
positive
standalone
0.0
9 months 2005
9 months 2006
9 months 2007
9 months 2008
9 months 2009
9 months 2010
operating
leverage 1.4% on
q-o-q and 3.6%
Net interest income
Revenue, quarterly
Net non interest income
+15.0%
Revenue
GEL
241.6 mln
Revenue
GEL
249.6 mln
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2008 2008 2008 2008 2009 2009 2009 2009 2010 2010 2010
Gross loans
Record high Revenue by segments Q3 2010
+10.5% q-0-q
BNB
3.5%,
GEL3.2 mln
(+6.3% q-o-q)
BG Bank
3.3%,
GEL3.0 mln
Aldagi BCI
4.5%,
GEL4.1 mln
(-31.2% q-o-q)
(-30.1% q-o-q)
Other
6.5%,
GEL5.9 mln
GEL mln
on y-o-y basis
100
85.7
86.6
91.2
90
86.1
7.8
81.7
81.1
5.0
82.5
10.5
7.8
80.6
79.3 77.4
80
6.5
9.4
7.1
75.9
9.0
14.9
8.0
10.7
9.5
10.4
1.7
10.7
70
8.8
10.8
2.5
13.2
8.8
1.9
1.4
12.9
2.2
7.1
6.5
60
1.4
10.2
10.9
1.8
2.3
2.2
13.7
7.3
11.1
10.2
11.6
2.2
10.9
12.0
12.6
10.3
50
40
30
55.8
58.9
56.4
56.5
52.4
49.8
49.5
48.9
51.7
46.0
45.3
20
10
62.0% of
Total
Revenue
0
Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010
Net Interest Income
Net Fee & Commission Income
Net Income From Documentary Operations Net foreign currency related income
Net Other Non-Interest Income
Lobko
BANK OF GEORGIA
www.bog.ge/ir
BOG
Standalone
82.2%,
GEL74.9 mln
(+8.4% q-o-q)
November 2010
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