Strong retail lending boosts Bank of Georgia interims
14th Aug 2019 08:40
(Sharecast News) - Bank of Georgia on Wednesday posted a rise in first half profits on the back of strong retail lending, although net interest income fell as it moved towards providing higher quality loans.
Read moreFTSE 250 movers: Dixons dips, PZ Cussons bubbles up
24th Jun 2019 15:06
(Sharecast News) - London's FTSE 250 edged 0.02% lower to 19,321.05 in afternoon trade on Monday, as Dixons Carphone was under the cosh yet again following a profit warning last week.
Read moreBank of Georgia buys e-commerce platform extra.ge
17th Jun 2019 10:35
(Sharecast News) - Bank of Georgia has announced the acquisition of Georgian e-commerce platform, extra.ge, for an undisclosed sum.
Read moreBank of Georgia Q1 profits up on strong economy
14th May 2019 08:19
(Sharecast News) - First quarter adjusted earnings at Bank of Georgia first-quarter rose 10.4%, aided by a strong domestic economy and despite termination payments to former executives.
Read moreNew Bank of Georgia CEO shuffles up management team
2nd Apr 2019 08:08
(Sharecast News) - Bank of Georgia Group announced a number changes and appointments to the executive management team of its bank operation, JSC Bank of Georgia, on Tuesday, which were set to take effect from 1 May.
Read moreBank of Georgia prices $100m offering in bid to hedge against dollarisation
22nd Mar 2019 09:12
(Sharecast News) - Bank of Georgia announced on Friday that its operating subsidiary, JSC Bank of Georgia, has successfully priced an inaugural $100m offering of 11.125% additional Tier 1 capital perpetual subordinated notes.
Read moreBank of Georgia FY profits up as mortgages, SME lending on rise
19th Feb 2019 09:45
(Sharecast News) - Bank of Georgia Group said annual profits rose 11.8% as it said unsecured consumer loans would moderate but expected to deliver solid growth in mortgages and SME lending.
Read moreTuesday preview: Employment report, banks in focus
18th Feb 2019 15:19
(Sharecast News) - The focus on Tuesday will be on the December employment report, given the critical role the still very strong jobs market in Britain - helped by low rates from the Bank of England - is playing in helping to keep the economy more or less 'humming along' - despite the facewinds from Brexit and from further afield.
Read moreBank of Georgia opens new wealth management branch in Tbilisi
28th Jan 2019 07:27
(Sharecast News) - Bank of Georgia Group announced on Monday that, on 25 January, its JSC Bank of Georgia division opened a new office in the centre of Tbilisi's Freedom Square, dedicated to serving its wealth management clients.
Read moreBank of Georgia appoints former CFO as new leader
10th Jan 2019 10:05
(Sharecast News) - Bank of Georgia confirmed the appointment of former chief financial officer Archil Gachechiladze as chief executive of the group and of JSC Bank of Georgia on Thursday.
Read moreBank of Georgia CEO raises $35m in deals for local firms
28th Dec 2018 07:18
(Sharecast News) - Bank of Georgia said it had raised $35m in two separate deals to finance local businesses.
Read moreBank of Georgia CEO to step down
10th Dec 2018 07:31
(Sharecast News) - Bank of Georgia Group chief executive Officer Kaha Kiknavelidze will step down, the company said on Monday.
Read moreDirector dealings: Bank of Georgia ups stake following 'best bank' award
7th Dec 2018 15:30
(Sharecast News) - Bank Of Georgia chief executive Kakhaber Kiknavelidze purchased 15,000 ordinary shares in the FTSE 250-listed lender on Friday.
Read moreBank of Georgia named 'best bank' in CEE countries
7th Dec 2018 08:35
(Sharecast News) - Bank of Georgia Group announced on Friday that its banking subsidiary, JSC Bank of Georgia, has been recognised as the best bank of 2018 in Central and Eastern Europe by The Banker.
Read moreBank of Georgia sees more strong growth as it continues de-dollarisation
22nd Nov 2018 10:59
(Sharecast News) - Bank of Georgia Group reported continued "outstanding" profitability and "solid" balance sheet growth momentum in its third quarter results on Thursday, with revenue rising 19.4% to GEL 266.61m (£77.85m).
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