Bank of Georgia Group PLC BOG - Best Consumer Digital Bank of Distinction (7917A)
14 September 2018 - 4:00PM
UK Regulatory
TIDMBGEO
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
+995 322 444 444
+995 322 444 126 +44 203 178 4034 +995 322 444 108 (9282)
k.kiknavelidze@bog.ge moliver@bgeo.com dtsiklauri@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
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END
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