Investor Presentaiton
Track record of growth and strong performance
37
32
58
59
55
1,375 1,357
45
46
853
699
727
514 519
295
1,132 1,121
2019
2020
2021
2022
2023
Profit (GEL millions)
Digital MAU (thousands)
NPS
26.1%
13.0%
32.4%
29.9%
25.8%
2019
2020
2021
2022
2023
27.0%
ROAE
20%+
20.0%
18.9% 19.8%
22.0%
19.6%
12.9%
Loan book YoY
growth
13.9%
c.10%
10.2%
4.3%
2019
2020
2021
2022
2023
Nominal
Constant currency basis
2019 ROAE and profit were adjusted for GEL 14.2m (net of income tax) termination costs of a former CEO and executive management.
2022 ROAE and profit were adjusted for a one-off GEL 391.1m other income related to the settlement of a legacy claim, and a one-off GEL 79.3m income tax expense due to an amendment to the corporate taxation model in Georgia
applicable to financial institutions.
2023 ROAE and profit were adjusted for a one-off GEL 22.6 million other income related to the fair value revaluation of the receivable due to the settlement of a legacy claim.
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