Bank of Georgia Growth and Reform Strategy
BUILDING BLOCKS TO BECOME THE FINANCIAL SERVICES HUB
Wealth Management – aim to increase AUM to US$3.Obln in 5 years time
Strong international presence:
Israel (since 2008), UK (2010), Hungary
(2012) and Turkey (2013)
London
Budapest
Tel Aviv
Tbilisi
Istanbul
AUM of GEL 2,567.2 million, up 13.0% y-o-y
Diversified funding sources:
Georgia 36%
■ Israel 10%
UK 2%
Germany 2%
CIS 22%
Other 28%
Wealth Management Vision - Become the regional hub for
wealth management offering
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•
•
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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
■ Brand new office in the centre of Tbilisi, since January 2019,
dedicated to serving wealth management clients
SCHE GELDSCHRANK
RESORBAUANSTALT.
HERM.BODE
HANNOVER.
BANK OF GEORGIA
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