PitchSend

Investor Presentaiton

180 160 140 120 100 80 60 40 1Q07 2Q07 CREDIT GROWTH DYNAMICS BANKING SECTOR CORPORATE & RETAIL LOANS TO GDP MORTGAGE LOANS Source: NBG, Geostat REAL ESTATE PRICE INDEX 2Q09 3Q09 Source: NBG 9,197 132,900 Retail loans to GDP 8,624 119,300 70% Corporate loans to GDP 106,370 7,048 28,900 60% 92,980 39% 6,031 29,600 37% 4,863 50% 33% 5,035 31,720 33% 40% 27% 30% 35,990 4,453 23% 30% 20% 4,604 17% 11% 12% 13% 89,700 20% 74,650 104,00 O 38% 10% 17% 17% 18% 19% 21% 24% 26% 25% 27% 31% 35% 4,334 3,589 56,990 2,595 1,427 0% 2018 2019 2020 2021 2018 2019 2020 2021 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021E 60077 1Q10 Inflation adjusted real estate price index (2010-100, GEL) Real wage index (2010-100, GEL) 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 FX-denominated mortgage loans, GEL mn ■GEL-denominated mortgage loans, GEL mn ◆ Total mortgage loans, GEL mn Number of mortgage loans in FX ■Number of mortgage loans in GEL Total number of mortgage loans Source: NBG, Geostat 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 55

View entire presentation