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Bank of Georgia Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

1,351.00GBp
5:05pm IST
Change (% chg)

-37.00 (-2.67%)
Prev Close
1,388.00
Open
1,388.00
Day's High
1,397.00
Day's Low
1,342.00
Volume
35,911
Avg. Vol
54,218
52-wk High
1,777.00
52-wk Low
1,220.00

Latest Key Developments (Source: Significant Developments)

Bank Of Georgia Launches Digital Solution For MSMEs
Tuesday, 24 Sep 2019 

Sept 24 (Reuters) - Bank of Georgia Group PLC ::BOGG LAUNCHES A DIGITAL SOLUTION FOR MSMES.LAUNCH OF OPTIMO A DIGITAL SOLUTION FOR CUSTOMERS TO RUN THEIR BUSINESS SALES AND OPERATIONS.  Full Article

Bank Of Georgia Says Signed $50 Mln Trade Facility With Citi
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Bank of Georgia Group PLC ::BOG SIGNS US$50 MILLION TRADE FACILITY WITH CITI.JSC BANK OF GEORGIA HAS SIGNED A ONE-YEAR US$50 MILLION TRADE FINANCE FACILITY WITH CITI.  Full Article

Bank Of Georgia Signs Gel100mln 5-Year Loan Agreement With IFC
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Bank of Georgia Group PLC ::BANK OF GEORGIA GRP - BOG SIGNS GEL100MLN 5-YEAR LOAN AGREEMENT WITH IFC.BANK OF GEORGIA GROUP PLC - JSC BANK OF GEORGIA AND INTERNATIONAL FINANCE CORPORATION SIGNED A GEL 100 MILLION LOAN AGREEMENT WITH A MATURITY OF 5 YEARS.BANK OF GEORGIA GROUP PLC - UNDER FACILITY, 25% OF LOAN IS DEDICATED TO SERVE FEMALE ENTREPRENEURS.  Full Article

Bank of Georgia Receives $10 Mln Subordinated Loan From EFSE
Monday, 1 Jul 2019 

July 1 (Reuters) - Bank of Georgia Group PLC ::BANK OF GEORGIA GRP - BOG RECEIVES US$10MLN SUBORDINATED LOAN FROM EFSE.BANK OF GEORGIA - SUBORDINATED LOAN FACILITY QUALIFIES FOR TIER II CAPITAL UNDER BASEL III FRAMEWORK RECENTLY INTRODUCED IN GEORGIA.  Full Article

Bank Of Georgia Says Sulkhan Gvalia Appointed As Deputy CEO, CFO
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Bank of Georgia Group PLC ::SULKHAN GVALIA HAS BEEN APPOINTED AS DEPUTY CEO, CHIEF FINANCIAL OFFICER, REPLACING DAVID TSIKLAURI.  Full Article

Bank Of Georgia Issues $100 Mln 11.125 Pct At 1 Notes
Friday, 22 Mar 2019 

March 22 (Reuters) - Bank of Georgia Group PLC ::BANK OF GEORGIA GRP - BOG ISSUES US$ 100,000,000 11.125% AT 1 NOTES.BANK OF GEORGIA - EXPECT NOTE ISSUANCE TO ADD APPROXIMATELY 230 BASIS POINTS TO BANK'S TIER 1 CAPITAL RATIO.BANK OF GEORGIA - TO REDUCE CARRY-COST OF NEW NOTE ISSUANCE, CO INTENDS TO REPAY PART OF EXISTING TIER 2 CAPITAL INSTRUMENTS.  Full Article

Bank Of Georgia Says Archil Gachechiladze Named CEO
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Bank of Georgia Group PLC ::BANK OF GEORGIA APPOINTS ARCHIL GACHECHILADZE AS CHIEF EXECUTIVE.GACHECHILADZE WILL JOIN GROUP WITH EFFECT FROM 28 JANUARY 2019.KAHA KIKNAVELIDZE WILL STEP DOWN FROM BOARD AND CEO ROLE.  Full Article

Bank Of Georgia CEO Kaha Kiknavelidze To Step Down
Monday, 10 Dec 2018 

Dec 10 (Reuters) - Bank of Georgia Group PLC ::BANK OF GEORGIA GRP - DIRECTORATE CHANGE.BANK OF GEORGIA GROUP PLC - KAHA KIKNAVELIDZE IS TO STEP DOWN AS CHIEF EXECUTIVE.BANK OF GEORGIA GROUP PLC - BOARD IS NOW IN PROCESS OF RECRUITING KAHA'S SUCCESSOR.BANK OF GEORGIA GROUP PLC - EXPECTS TO BE IN A POSITION TO CONFIRM NEW CEO APPOINTMENT DURING Q1 OF 2019.BANK OF GEORGIA GROUP PLC - CURRENT PROJECTIONS FOR FULL-YEAR ARE EXPECTED TO MAINTAIN STRONG TRENDS, IN LINE WITH MANAGEMENT EXPECTATIONS.  Full Article

Bank of Georgia qtrly profit rises 11.3 pct on strong lending
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Bank of Georgia Group PLC ::3RD QUARTER RESULTS.IN Q3, BANKING BUSINESS DELIVERED REVENUE OF GEL 266.6 MILLION, UP 19.4% YEAR-ON-YEAR.IN Q3 PROFIT FROM CONTINUING OPERATIONS OF GEL 104.5 MILLION, AN INCREASE OF 13.7%.REVENUE OF GEL 266.6MLN IN 3Q18 (UP 19.4% Y-O-Y AND UP 5.6% Q-O-Q).  Full Article

Bank Of Georgia Raises GEL 160 Million From FMO
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Bank of Georgia Group Plc ::JSC BANK OF GEORGIA RAISES GEL 160 MILLION LOCAL CURRENCY FUNDING FROM FMO.LOCAL CURRENCY LOAN FACILITY WILL REINFORCE GROWTH OF BANK'S LOCAL CURRENCY DENOMINATED LOAN PORTFOLIO.  Full Article

Bank of Georgia expects further growth in profit, lending

TBILISI, April 22 Bank of Georgia Group Plc expects around 15 percent growth both in profit and lending in the medium term and feels confident in its capital adequacy position, the bank's chief executive said.