Bank of Georgia Group PLC BOG - Best Consumer Digital Bank of Distinction (7917A)

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RNS Number : 7917A

Bank of Georgia Group PLC

14 September 2018

London, 14 September 2018

Global Finance names JSC Bank of Georgia as the Best Consumer Digital Bank of Distinction in Central and Eastern Europe

Bank of Georgia Group PLC ("Bank of Georgia Group") is pleased to announce that JSC Bank of Georgia ("the Bank" or "Bank of Georgia") has been awarded with a Consumer Digital Bank of Distinction Award from Global Finance in Central and Eastern Europe, for the second consecutive year. The winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing. Global Finance editors were responsible for the final selection of honorees. The award recognises outstanding accomplishments in digital banking made by middle-market and local banks. They honour banks that consistently provide best-in-breed solutions to their retail and corporate clients.

Kaha Kiknavelidze, the Bank CEO commented: "We are very pleased to be named as the best digital bank of distinction not only in Georgia, but also in all of Central and Eastern Europe. Bank of Georgia is dedicated to offering its corporate and retail clients cutting-edge digital banking solutions and serves to their convenience and success in business and every-day life. We will continue to improve on our achievements in digital banking and invest more efforts for our products to remain up-to-date and useful for our customers"

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 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: (1) at least 20% ROAE, and (2) 15%-20% 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:

 
 Kaha Kiknavelidze       Michael Oliver     David Tsiklauri    Natia Kalandarishvili 
 Group CEO               Adviser to the     Group CFO          Head of Investor 
                          CEO                                   Relations 
                                                               [phone] 
 [phone]        [phone]   [phone]    (9282) 
 [e-mail]   [e-mail]   [e-mail]  [e-mail] 
 

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

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September 14, 2018 02:00 ET (06:00 GMT)