Bank of Georgia Group

Bank of Georgia Group – with Georgia’s largest universal bank at its core – is a leading business structure in the frontier markets of Eastern Europe and the Caucasus. The Group’s primary focus is on financial services, offering retail, investment, private and corporate banking, as well as wealth management and insurance services. Driven by its broad-based banking services, the Group has expanded domestically and internationally to include agricultural, real estate, consumer goods and services, and energy companies in key frontier markets.

Bank of Georgia is the leading Georgian universal bank, and the largest retail bank in the country with an approximate 33% market share by total assets, Bank of Georgia serves over 856,000 retail clients through its network of 141 branches and 416 ATMs (the largest ATM footprint in Georgia), as well as through other delivery channels including the Internet, mobile banking and state-of-the-art call center

Listed below are key Bank of Georgia Group companies.

Bank of Georgia: JSC Bank of Georgia (LSE: BGEO GSE: GEB) is Georgia’s leading universal bank with operations in Georgia, Ukraine and Belarus. It is the largest bank by assets, loans, deposits and equity in Georgia with an approximate 33% market share by assets as of November 2008...

BG Capital: BG Capital is the investment banking arm of Bank of Georgia, which focuses on the frontier markets of the former Soviet Union, including Ukraine, Georgia, Azerbaijan, Belarus, and Uzbekistan...

BG Bank: BG Bank (formerly UBDP – Universal Bank for Development and Partnership) is a Ukrainian commercial bank with over UAH 1bn in assets. In 2007 a 98.5% stake in the bank was acquired by Bank of Georgia, and since that time BG Bank has brought in big four accounting firm Ernst & Young to audit its books under IFRS standards...

Belarusky Narodny Bank: Belarusky Narodny Bank was established in 1991 and acquired by Bank of Georgia for US$ 34.2mn in 2008. At the end of 2007 the Minsk-based BNB had total assets of nearly US$ 50mn and four branches. The bank is currently undergoing a rebranding process and is set to expand its branch network...

Aldagi BCI: Aldagi BCI, the wholly-owned insurance subsidiary of Bank of Georgia, is the leading non-life and life insurance company operating in Georgia with an approximate 24% market share as of September 2008. The company offers a full spectrum of insurance services and focuses on health, auto and property insurance...

Teliani Valley: Teliani Valley is the leading Georgian winery company with a 48% share of the domestic market and a 12% market share of total Georgian wine exports. It has a vertically and horizontally integrated business structure and is engaged in vineyard development, oak barrel production, wine and grappa production, brandy production, distribution network development and import of related products...