Investor Presentaiton
Financial highlights of 4Q23 and FY23
4Q23
FY23
26.7%
ROE
29.9%
Net loans
31 Dec 2023
GEL 20.2bn
+19.6% y-o-y
+5.5% q-o-q
On a constant currency basis
0.4%
Cost of credit risk ratio
0.7%
+20.0% y-o-y
+6.4% 9-0-9
34.3%
Cost to income ratio
29.8%
Deposits
31 Dec 2023
GEL 20.5bn
+12.2% y-o-y
-6.3% q-o-q
On a constant currency basis
18.2%
+12.4% y-o-y
-5.6%% q-o-q
31 Dec 2023
CET1 capital
Minimum requirement 14.5%
Due to the settlement of a legacy claim, the fair value revaluation of the receivable resulted in a one-off other income of GEL 1.5 million posted in 4Q23 and one-off other income of GEL 22.6 for FY23. Net other income was
adjusted for these one-offs. As a result, ROAE and Cost:income ratio were adjusted for one-off other income.
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