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.
Read moreBank 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.
Read moreBank 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.
Read moreRetail 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.
Read moreBank 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.
Read moreBank 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.
Read moreStrong 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.
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