28 Jun 2019 11:06
London, 28 June 2019
Bank of Georgia Group PLC announces Committee Changes
Bank of Georgia Group PLC (the "Company") announces that effective from today's date Archil Gachechiladze, Executive Director, has stepped down as a member of the Risk Committee of the Board of Directors of the Company.
Three Non-Executive Directors will continue to serve as Committee members.
Name of authorised official of issuer responsible for making notification:
Link Company Matters Limited
Company Secretary
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 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 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
Bank Of Georgia Group (BGEO)