Tracking Georgia's Economic Recovery slide image

Tracking Georgia's Economic Recovery

BUILDING BLOCKS TO BECOME THE FINANCIAL SERVICES HUB 43 STRONG INTERNATIONAL PRESENCE Israel (2008), UK (2010), Hungary (2012), Turkey (2013) London Budapest Tbilisi Istanbul Tel Aviv AUM - GEL 2,740.0 million, up 10.6% y-o-y Diversified funding base: Georgia - 38% CIS - 23% Europe - 14% Israel - 9% UK-3% Other -13% STRONG INTERNATIONAL PRESENCE - Wealth Management Vision wealth management offering Become the regional hub for Business and tax friendly environment Secure and attractive destination Conservative regulation and high level of banking secrecy Market dominated by two LSE listed banks with high standards of transparency Dedicated office in the centre of Tbilisi, since January 2019 SCHE GELDSCHRANK RESORBAUANSTALT. HERM.BODE HANNOVER.
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