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.

Caucasus Energy & Infrastructure: Caucasus Energy and Infrastructure (CEI) invests in Georgian, Armenian and Azerbaijani companies engaged in the production, transmission and distribution of gas and electricity, as well as the extraction, distribution and marketing of crude and oil products...

SB Real Estate: SBRE’s activities include investments in non-agricultural land, commercial and residential buildings, hotel chains, warehouses, other properties, as well as real estate development. The Company’s goal is to provide investors with a balanced, diversified portfolio of multi-functional real estate assets throughout Georgia...

Populi: Populi is a leading food retailer in Georgia. The company opened 14 new stores in 2007 and currently operates 30 supermarkets with approximately 12,660 sq m net selling space. Populi has 900+ employees and 300+ international and local suppliers. The company is 73% owned by large institutional investors...

Nikora: Nikora Ltd. was established in 1998 and quickly moved to become a local market leader in food production. The company produces meat, dairy, fish and bread products, as well as semi-finished food products and non-alcoholic soft drinks and wine. Nikora also founded a separate company that imports high quality food products from Europe...

Caucasus AgroDevelopment Investment Company: Caucasus AgroDevelopment Investment Company (CAD) invests in the Caucasus region’s agricultural sector, with a focus on Georgia. Initially, CAD intends to concentrate on developing a sizeable dairy farm as well as several greenhouse and storage facilities for the production and storage of vegetables in Georgia...

Intertour: Intertour LLC is the third largest travel agency in the country by sales and number of tickets sold. Intertour’s total market share prior to its acquisition by Galt and Taggart Capital in June 2006 was estimated at 20%. Intertour had achieved this market share through a network of five branches and approximately 70 subagents for sales of tickets...