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Tag Archives: Bank of Georgia

Profit of Banks Saw Increase by 8.4% in the First Half of the Year

The National Bank of Georgia has published financial indicators of the first half (January-June) of current commercial banks operating in Georgia. As for the data, TBC Bank saw the highest profit worth of 183 million GEL which is 22% more than the profit of the first half of 2017. “Bank of Georgia” …

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Salaries for Bank of Georgia Top Managers

Bank of Georgia stakeholders have approved rules of payment of salaries to members of the supervisory board. Starting May 21, 2018 salary of the supervisory board members was determined in the following amount: Annual salary for the supervisory board membership (before tax deduction): Head of supervisory board– 210 313 USD; …

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Bank of Georgia Holdings Shares Drop -38.17%

Bank of Georgia Holdings Plc (BGEO.L) have moved lower over the course of the past week revealing negative downward near-term momentum for the shares. In taking a look at recent performance, we can see that shares have moved -38.17% over the past week, -42.74% over the past 4-weeks, -40.21% over the past …

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Bank of Georgia Posts 18.8% Rise in Q1 profit

Bank of Georgia Group Plc on Monday posted an 18.8 percent rise in first-quarter profit, driven by its banking and investment businesses, on the back of strong macroeconomic performance and business outlook in Georgia. Bank of Georgia Group Plc is the new parent company of BGEO Group Plc, it said …

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List of Upcoming Spotlight Speakers

On May 27, Tbilisi will host Spotlight in a renewed format, the event is presented by Bank of Georgia.The main theme of the event is “Victory”. The event focuses on marketing and advertising industry and consists of three elements: masterclasses, panel discussions and inspirational speeches. Speakers: Nino Sukhishvili Since 1986 …

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Bank of Georgia Introduced Tourist Card

Bank of Georgia has introduced a special product – Tourist Card  to create more comfort for tourists in the market. Tourist Card offers tourists services like: to pay the passenger fee on the subway, buses, mini-buses and sidewalks. One can also enjoy discounts in various venues: cafe-bars and restaurants; Museums …

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Bank of Georgia Personifies Its Logo

According to the General Director of Bank of Georgia Kakha Kiknavelidze, company has personified its logo. From today, customers will have their own logo instead of the logo of Bank of Georgia and will be able to place name it individually, Kakha Kiknavelidze noted that customers could also personalize the …

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Moody’s Upgrades Rating Of Bank of Georgia’s Senior Notes

BGEO Group PLC said Thursday that credit rating agency Moody’s Investors Service has upgraded the credit rating of unit JSC Bank of Georgia’s senior unsecured notes by two notches to Ba2. The outlook on the senior unsecured notes has been changed to stable, from rating under review. The credit rating …

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BGEO Awarded Top Management with Shares of 4.9 MLN GBP

BGEO Awarded Top Management with Shares of 4.9 MLN GBP

Top Management of BGEO Group were awarded with shares as bonuses. The shares of leading banking-finance group were given to Irakli Gilauri, General Director, as well as members of directorate: Avtandil Namicheishvili, Kakha Kiknavelidze (CEO of Bank of Georgia), Davit Tsiklauri, Giorgi Alpaidze and Eka Shavgulidze. The managers received shares …

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