Bank of Georgia Financial Snapshot and Loan Portfolio Quality
Key ratios
KEY RATIOS
ROAA*
ROAE*
Net interest margin
2Q23
2Q22
1Q23
1H23
1H22
5.6%
4.5%
4.4%
5.0%
4.3%
34.6%
32.8%
27.9%
31.3%
31.8%
6.6%
5.3%
6.4%
6.5%
5.3%
Loan yield
12.7%
11.4%
12.5%
12.6%
11.3%
Liquid assets yield
4.7%
4.4%
4.3%
4.5%
4.4%
Cost of funds
4.8%
5.2%
4.5%
4.6%
5.1%
Cost of client deposits and notes
4.1%
3.7%
3.6%
3.8%
3.7%
Cost of amounts owed to credit Institutions
8.3%
9.4%
8.3%
8.4%
8.8%
Cost of debt securities issued
7.9%
6.9%
7.2%
7.5%
6.9%
Cost:income ratio*
26.9%
32.5%
29.1%
27.9%
33.6%
NPLs to gross loans
2.4%
2.6%
2.4%
2.4%
2.6%
NPL coverage ratio
70.4%
89.6%
72.8%
70.4%
89.6%
NPL coverage ratio adjusted for the discounted value of
collateral
126.4%
Cost of credit risk ratio
0.8%
138.0%
0.6%
128.7%
126.4%
138.0%
1.0%
0.9%
0.7%
NBG (Basel III) CET 1 capital adequacy ratio
n/a 14.0%
n/a
n/a
14.0%
Minimum regulatory requirement
n/a
11.7%
n/a
n/a
11.7%
NBG (Basel III) Tier I capital adequacy ratio
n/a
16.4%
n/a
n/a
16.4%
Minimum regulatory requirement
n/a 14.0%
n/a
n/a
14.0%
NBG (Basel III) Total capital adequacy ratio
Minimum regulatory requirement
n/a 19.8%
n/a
n/a
19.8%
n/a 17.5%
n/a
n/a
17.5%
IFRS based NBG (Basel III) CET 1 capital adequacy ratio
Minimum regulatory requirement
18.7%
n/a
19.5%
18.7%
n/a
14.6%
n/a
14.5%
14.6%
n/a
IFRS based NBG (Basel III) Tier I capital adequacy ratio
Minimum regulatory requirement
20.6%
n/a
21.4%
20.6%
n/a
16.9%
n/a
16.8%
16.9%
n/a
IFRS based NBG (Basel III) Total capital adequacy ratio
Minimum regulatory requirement
22.6%
n/a
23.3%
22.6%
n/a
19.8%
n/a
19.7%
19.8%
n/a
*Ratios for 2Q23 and 1H23 were adjusted
for a one-off GEL 21.1 million of other
income related to the settlement of an
outstanding legacy claim
33
63View entire presentation