Bank of Georgia Financial Overview
Introduction to Bank of Georgia
The leading universal bank in Georgia
No.1 by assets (34%), (¹) gross loans (34%), (¹) client deposits (30%) (¹) and equity (39%) (¹). September 2010 YTD market share gain 2.2%
Assets of GEL 3.6 bn (USD 2.0 bn), Net Loans of GEL 2.1 bn (USD 1.1 bn), Client Deposits of GEL 1.7 bn (USD 0.9) and Equity of GEL 679.6
million (USD 376.2 bn)
BoG Market Share by Assets
40%
35.4%
34.2%
32.9% 33.0%
27.9%
30%
17.2%
19.0%
17.8%
20%
10%
0%
2003
2004
2005
2006
2007
2008
2009 Q3 2010
Leading retail banking, with top brand, best distribution network and broadest range of services of any bank in Georgia. Number of
Retail Clients 729,500, Number of Branches 137, ATMs 388
Leading corporate bank with approximately 90,500+ legal entities and over 171,000+ current accounts
Leading wealth management, insurance, brokerage, leasing and card-processing services provider
Banking operations in Ukraine (BG Bank) and Belarus (BNB) account for less than 10% of BoG's consolidated total assets
The only Georgian entity with credit ratings from all three global rating agencies
S&P: 'B/B; Fitch Ratings: ‘B+/B' - at the sovereign ceiling; Moody's: 'B3/NP (FC)' & 'Ba3/NP (LC)'
Listed on the London Stock Exchange (GDRs) and Georgian Stock Exchange
Market Cap (LSE) US$ 546 mln as 10 November 2010
Approximately 95% free float
Issue of the first ever Eurobonds in Georgia
Bloomberg: BKGEO; 5 year, 9%, US$200 mln
(US$ 50 mln bought back)
B/Ba2/B (composite B+)
(1) All data according to the NBG as of 30 September 2010
Ownership Structure
Institutional Shareholders*
93.0%
Local Shares Held by Domestic and Foreign Retail Shareholders
3.9%
Management and Employees**
3.1%
*through BNY Nominees Limited
**includes GDRs held as part of EECP
LOLO
BANK OF GEORGIA
www.bog.ge/ir
November 2010
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