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London, 24 July
2024
Bank of Georgia and
Ameriabank named as Best Banks by Euromoney
Bank of Georgia Group PLC (the
"Group") announces that its
banking subsidiaries, Bank of Georgia and Ameriabank were named
Best Banks in Georgia and Armenia, respectively, by the Euromoney
Awards for Excellence 2024, a prestigious annual awards programme
for the banking industry.
Bank of Georgia was also recognised
as Best Bank in Georgia for Corporate Responsibility. The Group's
investment banking subsidiary in Georgia, Galt and Taggart, was
named Best Investment Bank. Ameriabank also won awards for Best
Digital Bank and Best Bank for SMEs in Armenia
Euromoney highlighted the strong
financial performance, remarkable customer franchise growth, and
progress in the digital product offerings and services at both Bank
of Georgia and Ameriabank.
Archil Gachechiladze, CEO of
Bank of Georgia Group PLC, commented: "We are delighted that our
two main subsidiaries - Bank of Georgia and Ameriabank - have been
recognised as Best Banks in Georgia and Armenia, respectively.
These achievements reflect the customer-centric mindset of both
banks and the dedication of our employees to ensure continuous
development. We remain focused on being the main bank for our
customers, delivering a superior customer experience through
increased digitalisation, and driving the growth and profitability
of the whole Group."
Name of authorised official of
issuer responsible for making notification: Nini Arshakuni, Head of
Investor Relations
About Bank of Georgia Group PLC
Bank of Georgia Group PLC (LSE: BGEO
LN) is a FTSE 250 holding company whose subsidiaries provide
banking and financial services focused in the high-growth Georgian
and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By
building on our competitive strengths, we are committed to driving
business growth, sustaining high profitability, and generating
strong returns, while creating opportunities for our stakeholders
and making a positive contribution in the communities where we
operate.
Legal Entity Identifier:
213800XKDG12NQG8VC53
For
further information, please visit www.bankofgeorgiagroup.com
or
contact:
Michael Oliver
|
Nini Arshakuni
|
Adviser to the CEO
|
Head of Investor
Relations
|
+44 203 178 4034
|
+995 322 444 444 (7515)
|
moliver@bgeo.com
|
ir@bgeo.com
|
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