2022 and 1H22 Financial Results
Strong capital position, with ratios comfortably above minimum
requirements
Capital adequacy ratios and minimum requirements
32
19.7%
19.1%
19.2%
19.3%
19.8%
17.7%
17.7%
17.6%
17.3%
16.4% 17.5%
14.4%
14.6%
15.0%
15.4%
13.7%
14.0%
Buffer
13.2%
12.5%
12.8%
14.1%
14.0%
13.4%
13.2%
13.6%
11.1%
11.0%
11.5%
11.8%
11.7%
Minimum
requirement
Capital adequacy ratio
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
■CET1 capital
Tier1 capital
Total capital
Capital distribution:
On 30 June 2022, the Board announced the commencement of a GEL 72.7 million share buyback and cancellation programme which, on top of the total dividends paid
in respect of the Group's 2021 earnings, increased the total dividend/share buyback payout ratio, relating to 2021 earnings, to 35.0%. This amount is fully deducted
from regulatory capital as at 30 June 2022
Considering the Group's strong performance during the first half of 2022, the Board has decided to declare an interim dividend of GEL 1.85 per ordinary share in
respect of the period ended 30 June 2022, payable to ordinary shareholders of Bank of Georgia Group PLC on 20 October 2022. In addition, after the completion of
the current GEL 72.7 million share buyback and cancellation programme, the Board will extend the programme by a further GEL 40 millionView entire presentation