Investor Presentaiton
Strong capital position at Bank of Georgia
Evolution of capital ratios during 4Q23
Figures given for JSC Bank of Georgia standalone
All currency data are in GEL m unless otherwise stated
30 Sep
2023
4Q23
profit
Business Currency Capital
growth impact distribution
Capital
facility
impact
31 Dec
2023
Minimum
requirement
Buffer above Potential impact
min
(31 Dec 2023) requirement
of a 10% GEL
devaluation
CET1 capital adequacy ratio
18.5%
1.5%
-1.7%
-0.2%
0.0%
0.0%
18.2%
14.5%
3.7%
-0.9%
Tier1 capital adequacy ratio
20.4%
1.5%
-1.9%
-0.2%
0.0%
0.0%
20.0%
16.7%
3.3%
-0.9%
Total capital adequacy ratio
22.6%*
1.5%
-2.1%
-0.2%
0.0%
0.2%
22.1%
19.6%
2.5%
-0.8%
Risk-weighted assets
thousands
20,881
+10.4%
7
23,062
Sep-23
Dec-23
In January 2023, the NBG transitioned to IFRS-based accounting
In March 2023, the Financial Stability Committee at the NBG set the cycle-neutral
countercyclical capital buffer (base rate) at 1%. Banks are required to accumulate neutral
countercyclical capital buffer according to the following schedule: 0.25% by March 15,
2024; 0.5% by March 15, 2025; 0.75% by March 15, 2026; 1% by March 15, 2027
*The 30 September 2023 total capital adequacy ratio was corrected from 22.7% to 22.6% following the bank's discussions with
the NBG.
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