Bank of Georgia Financial Snapshot and Loan Portfolio Quality
Strong capital position at Bank of Georgia
Evolution of capital ratios during 2Q23
Figures given for JSC Bank of Georgia standalone
31 March
2Q23
2023
profit
Business Currency Capital
growth impact distribution
Capital
facility
impact
30 June
2023
Minimum
requirement
(30 June 2023)
Potential impact
of a 10% GEL
devaluation
CET1 capital adequacy ratio
19.5%
1.9%
-0.4%
-0.2%
-2.1%
0.0%
18.7%
14.6%
-0.9%
Tier1 capital adequacy ratio
21.4%
1.9%
-0.4%
-0.2%
-2.1%
0.0%
20.6%
16.9%
-0.8%
Total capital adequacy ratio
23.3%
1.9%
-0.4%
-0.2%
-2.1%
0.0%
22.6%
19.8%
-0.7%
Risk-weighted assets
19,629
20,104
Mar-23
Jun-23
In January 2023, the NBG transitioned to IFRS-based accounting
The full loading of Basel III capital requirements was completed in March 2023
In March 2023, the Financial Stability Committee (FSC) of the NBG set the cycle-neutral
countercyclical capital buffer (base rate) at 1%. A 12-month period has been given to
banks to satisfy the requirement from March 2024
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