Bank of Georgia Earnings and Strategy Update slide image

Bank of Georgia Earnings and Strategy Update

EVOLUTION OF CAPITAL RATIOS AND UPDATE ON MINIMUM CAPITAL REQUIREMENTS 31 EVOLUTION OF CAPITAL RATIOS DURING 2021 Capital ratios DEC-20 2021 profit Business growth appreciation GEL Dividend Tier 2 facility impact Capital ratios DEC-21 Potential impact of a 10% GEL devaluation CET1 capital adequacy ratio 10.4% 5.1% Tier I capital adequacy ratio 12.4% 5.1% -2.4% -2.6% 0.5% -0.4% 13.2% -0.8% 0.5% -0.4% 15.0% -0.7% Total capital adequacy ratio 17.6% 5.1% -3.2% 0.4% -0.4% -0.2% 19.3% -0.6% EXPECTED MINIMUM CAPITAL REQUIREMENTS FOR 2022-2023 Bank of Georgia's minimum capital requirements, reflecting the full loading of Basel III capital requirements, to be completed in 2023, which remain subject to ongoing annual regulatory reviews, are currently expected to be as follows: DEC-22 DEC-23 CET1 capital requirement 11.9% 12.2% Tier I capital requirement 14.2% 14.6% Total capital requirement 17.8% 17.8%
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