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Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Kakha Kiknavelidze: Bank of Georgia Has a Great Development Plan

Management of Bank of Georgia consider market position of the bank neither satisfactory nor good. They regard it as the best.

According to Kakha Kiknavelidze, CEO of the Bank, he is very satisfactory with the results of H1, 2017. The bank keeps the leading positions on the market and has a great  plan.

Bank of Georgia’s net profit is 208.4 million GEL, which is more 1.4 times than TBC Bank’s. The bank is ranked as the 1st by Return on Assets (ROA) and Return on Equity (ROE) – 4.17%; 37.62%.

However, Bank of Georgia occupies the second position by assets. The bank has assets of 10.2 billion GEL and the market share is 33.8%.