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Annual Financial Report

17 Mar 2020 07:00

RNS Number : 3699G
Bank of Georgia Group PLC
17 March 2020
 

 

 

 

 

 

London, 17 March 2020

 

 

 

ANNUAL REPORT 2019

 

 

 

Bank of Georgia Group PLC (the "Company") (LSE: BGEO) has today published its Annual Report and Accounts for the financial year ended 31 December 2019 (the "Annual Report 2019").

 

The Annual Report 2019 is available to view on the Company's website, https://bankofgeorgiagroup.com. A copy of the Annual Report 2019 has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM. In compliance with its obligations under section 6.3.5(1) of the Disclosure Guidance and Transparency Rules, the Company also releases the unedited full text of its Annual Report 2019.

 

The Annual General Meeting is scheduled for 18 May 2020 and the Notice of Annual General Meeting will be dispatched to shareholders on or around 30 March 2020.

 

As result of global pandemic in relation to COVID-19, the Group has introduced a number of resilience protocols and a comprehensive business continuity plan, as announced on 16 March 2020. The detailed announcement can be viewed on our website at https://bankofgeorgiagroup.com/news?id=614 

 

 

 

 

 

 

Name of authorised official of issuer responsible for making notification: Natia Kalandarishvili, Head of Investor Relations and Funding

 

About Bank of Georgia Group PLC

 

Bank of Georgia Group PLC ("Bank of Georgia Group" or the "Group" - LSE: BGEO LN) is a UK incorporated holding company, which comprises: a) retail banking and payment services, b) corporate and investment banking and wealth management operations and c) banking operations in Belarus ("BNB"). JSC Bank of Georgia ("Bank of Georgia", "BOG" or the "Bank"), the leading universal bank in Georgia, is the core entity of the Group. The Group targets to benefit from superior growth of the Georgian economy through both its retail banking and corporate and investment banking services and aims to deliver on its strategy, which is based on at least 20% ROAE and c.15% growth of its loan book

 

 

JSC Bank of Georgia has, as of the date hereof, the following credit ratings:

Fitch Ratings

'BB-/B'

Moody's

'Ba3/NP' (FC) & 'Ba2/NP' (LC)

 

For further information, please visit www.bankofgeorgiagroup.com or contact:

 

Archil Gachechiladze

Michael Oliver

Sulkhan Gvalia

Natia Kalandarishvili

CEO

Adviser to the CEO

CFO

Head of Investor Relations

+995 322 444 144

+44 203 178 4034

+995 322 444 108

+995 322 444 444 (9282)

agachechiladze@bog.ge

moliver@bgeo.com

sgvalia@bog.ge

ir@bog.ge

 

 This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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