Tracking Georgia's Economic Recovery
KEY RATIOS
77
3Q20
3Q19
2Q20
9M20
9M19
Profitability
ROAA, annualised **
3.0%
3.2%
2.4%
1.1%
3.0%
ROAA, annualised (unadjusted)
3.0%
3.2%
2.4%
1.1%
2.9%
ROAE, annualised **
26.0%
26.8%
21.8%
9.9%
24.7%
RB ROAE **
25.0%
30.7%
16.4%
5.6%
27.6%
CIB ROAE **
30.7%
24.6%
31.5%
17.1%
24.5%
ROAE, annualised (unadjusted)
26.0%
26.8%
21.8%
9.9%
23.7%
Net interest margin, annualised
4.8%
5.4%
4.2%
4.7%
5.7%
RB NIM
4.8%
6.1%
4.0%
4.6%
6.3%
Loan yield, annualised
CIB NIM
RB Loan yield
CIB Loan yield
3.6%
3.2%
3.4%
3.7%
3.5%
10.7%
11.5%
10.2%
10.6%
11.8%
11.7%
12.8%
11.1%
11.5%
13.1%
8.6%
8.9%
8.3%
8.6%
9.1%
Liquid assets yield, annualised
3.3%
3.2%
3.4%
3.5%
3.4%
Cost of funds, annualised
4.7%
4.5%
4.8%
4.8%
4.5%
Cost of client deposits and notes, annualised
3.8%
2.9%
3.5%
3.5%
3.0%
RB Cost of client deposits and notes
3.1%
2.6%
2.9%
2.9%
2.7%
CIB Cost of client deposits and notes
4.6%
3.2%
4.2%
4.2%
3.4%
Cost of amounts due to credit institutions, annualised
6.9%
6.8%
7.3%
7.3%
7.0%
Cost of debt securities issued
7.0%
7.7%
7.7%
7.5%
7.6%
Operating leverage, y-o-y
***
1.9%
-5.2%
-13.6%
-6.4%
-1.7%
Operating leverage, q-o-q
Efficiency
Cost Income ***
***
17.8%
1.2%
-11.9%
0.0%
0.0%
37.1%
37.9%
43.9%
39.7%
37.3%
RB Cost/Income
***
CIB Cost/Income
***
41.8%
38.0%
56.3%
47.5%
37.1%
23.0%
30.4%
22.9%
21.8%
29.2%
Cost Income (unadjusted)
37.1%
37.9%
43.9%
39.7%
38.8%
* For the description of Key Ratios, refer to page 80
** The 9M19 ratios are adjusted for one-off employee costs related to termination benefits of the former CEO and executive management
*** The 9M19 ratios are adjusted for one-off employee costs related to termination benefits of former executive managementView entire presentation