JSC "Bank of Georgia"

Business Focus

universal banking

Originally established in 1903 as Binsotsbank, Bank of Georgia is a member of Bank of Georgia Group PLC, a UK incorporated holding company. Bank of Georgia provides innovative products and services in the areas of retail, corporate and investment banking, asset and wealth management.

Services

retail banking
corporate and investment banking
asset management
wealth management

Clients

natural persons
companies

Area Served

GEGeorgia
internationally

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
children deposit accounts
consumer loans
car loans
mortgage loans
money transfers

Account Currencies

GEGEL (Georgian lari)
multi-currency

Card Providers

VisaMasterCardAmerican Express

International Transfers

SWIFT Transfers
Western Union
Ricogram
Elva
Intel Express
Ria
Unistream
MoneyGram
Zolotaya Korona
Contact

Account Opening

Becoming a client of JSC "Bank of Georgia" can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements JSC "Bank of Georgia" performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual JSC "Bank of Georgia" will ask him/her to provide the following documents: passport; proof of address. For corporate clients JSC "Bank of Georgia" will ask to provide corporate documentation as well as information about controlling persons. JSC "Bank of Georgia" may request additional documentation or information depending on the case. JSC "Bank of Georgia" performs client's identity verification via branch visit.

Ways to Bank

JSC "Bank of Georgia" delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
SMS service

Common Shares

Listed Entity
Bank of Georgia JSC
ISIN
GE1100000276
Stock Exchange
Georgia Stock ExchangeGeorgia Stock Exchange (XGSE)
Ticker
GEB

See Also

Financials

Total Assets of JSC
Net_income of JSC
Market Share of JSC
Total Assets (2019)
18,323.22 mln GEL  (+26.16%)
Net Income (2019)
512.89 mln GEL  (+49.30%)

JSC "Bank of Georgia" is the 1st largest bank in Georgia in terms of total assets. In 2019 its total assets were 18 323,22 mln GEL, providing the bank with the market share of 37.51%. In 2019 the bank's net income was 512,89 mln GEL.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Ba2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

JSC "Bank of Georgia" is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Ba2 (non-investment grade speculative).

Deposit Guarantee

Guarantee Fund
Deposit Insurance Agency of Georgia (DIAG)Deposit Insurance Agency of Georgia (DIAG)
Protected Amount
up to 15,000 GEL
Eligible Depositors
natural persons (residents and non-residents)
Covered Accounts
all types of deposits

JSC "Bank of Georgia" participates in the deposit guarantee scheme of Georgia. This deposit guarantee scheme applies to all types of deposits made by natural persons (residents and non-residents) and covers up to up to 15,000 GEL per bank per depositor. JSC "Bank of Georgia" is a member of Deposit Insurance Agency of Georgia (DIAG) and makes its contributions into it.

Contacts

#29a, Gagarini Street, 0106, Tbilisi, Georgia
(995 32) 2 444 444
(995 32) 2 444 134
Website Languages
GBEnglish
GEGeorgian

JSC "Bank of Georgia" is headquartered in Tbilisi.

Bank Identifiers

BIC (SWIFT)
BAGAGE22
LEI
549300RPLD8RXL49Z691

Bank Supervision

Supervised By
National Bank of Georgia

JSC "Bank of Georgia" is authorized and supervised by the National Bank of Georgia.

Bank History

Start Date
15 December 1994

Similar Banks

JSC JSC "Isbank Georgia"
retail and business banking
JSC JSC "Liberty Bank"
universal banking
JSC JSC "Ziraat Bank Georgia"
retail and corporate banking

See Also

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