Bank of Georgia H1 profits up 33.5%

17th Aug 2023 07:11

(Sharecast News) - Bank of Georgia on Thursday reported a 33.5% jump in half year profits, driven by a sharp rise in net interest income and also unveiled a share buyback of 62m Georgian lari (GEL).

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Director dealings: Bank of Georgia non-exec linked to £3.7m of sales

19th May 2023 15:54

(Sharecast News) - Bank of Georgia was at the top of the list of director sells on Friday, after an entity linked to an independent non-executive director made two separate transactions.

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Bank of Georgia reports strong rise in first-quarter income

17th May 2023 10:16

(Sharecast News) - Bank of Georgia Group reported a significant increase in first-quarter operating income on Wednesday, as well as robust bottom-line growth, and strong asset quality.

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Bank of Georgia posts 'exceptional' results, shares hit fresh highs

16th Feb 2023 08:55

(Sharecast News) - Bank of Georgia posted another bumper set of results for the last quarter 2022 as economic growth continued to rocket and the country's currency, the lari, continued to appreciate.

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Bank of Georgia profits rise as local economy grows

10th Nov 2022 07:10

(Sharecast News) - Bank of Georgia reported a rise in third-quarter pre-tax profit on Thursday, with its performance underpinned by wider growth in the Georgian economy.

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Director dealings: Bank of Georgia, Watkin Jones chairs buy shares

17th May 2022 13:39

(Sharecast News) - Bank of Georgia Group was at the top of the list of director buys on Tuesday, after its non-executive chairman was linked to a purchase worth more than £0.24m.

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Second quarter strength underpins Bank of Georgia's first half

17th Aug 2021 08:09

(Sharecast News) - Bank of Georgia reported "outstanding" quarterly performance in its half-year results on Tuesday, which it put down to the rebound in economic activity.

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Bank of Georgia income falls amid Covid crisis

25th Feb 2021 09:30

(Sharecast News) - Bank of Georgia reported a 1.8% fall in operating income in its final results on Thursday, to GEL 1.09bn (£0.23bn).

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Bank of Georgia posts jump in Q3 profits on wider net interest margins

17th Nov 2020 08:44

(Sharecast News) - Bank of Georgia posted slight topline growth over the third quarter as the country's economy rebounded from the initial onslaught of the Covid-19 pandemic.

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Bank of Georgia signs $50m trade finance facility with Citi

18th Sep 2020 09:07

(Sharecast News) - Bank of Georgia said on Friday that its JSC Bank subsidiary had signed a $50.0m trade finance facility with Citi.

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Bank of Georgia creates GEL400m buffer to counter Covid losses

6th Apr 2020 13:21

(Sharecast News) - Bank of Georgia Group said it had agreed with its regulator to set up a GEL400m (?113m) general provision as a buffer to combat the uncertainty caused by the Covid-19 pandemic.

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Bank of Georgia axes dividend on coronavirus uncertainty

16th Mar 2020 07:36

(Sharecast News) - Bank of Georgia is axing its dividend as part of a raft of measures introduced in response to the global coronavirus outbreak.

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Retail business boosts Bank of Georgia

13th Feb 2020 08:31

(Sharecast News) - Bank of Georgia reported a rise in fourth quarter and full year profits, driven by growth in its retail business.

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Bank of Georgia signs new EUR 50m loan agreement with EIB

18th Dec 2019 07:33

(Sharecast News) - Bank of Georgia Group announced on Wednesday that its bank subsidiary JSC Bank of Georgia has signed a €50m (£42.48m) loan agreement with the European Investment Bank, with a maturity of up to seven years.

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Bank of Georgia profits climb amid digital overhaul

7th Nov 2019 08:37

(Sharecast News) - Bank of Georgia (BoG) on Thursday reported a jump in third quarter profits, while income climbed as the company invested in digital development.

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