Bank of Georgia Group PLC BOG named Best Consumer Digital Bank in Georgia (6229L)
September 14 2021 - 2:00AM
UK Regulatory
TIDMBGEO
RNS Number : 6229L
Bank of Georgia Group PLC
14 September 2021
London, 14 September 2021
Global Finance names Bank of Georgia the Best Consumer Digital
Bank in Georgia
Bank of Georgia Group PLC (the "Group") announces that its
subsidiary, JSC Bank of Georgia (the "Bank" or "Bank of Georgia")
has been awarded the Best Consumer Digital Bank in Georgia award
from Global Finance in 2021. The Bank has also been recognised as
the Central & Eastern Europe regional winner in the Best Online
Product Offerings and the Best Bill Payment & Presentment
sub-categories.
In addition, Bank of Georgia has been recognised as a winner in
the following sub-categories in 2021:
-- Best Corporate/Institutional Digital Bank in Georgia
-- Best Sub-Custodian Bank in Georgia
-- Best Information Security and Fraud Management in Central
& Eastern Europe
-- Best in Lending in Central & Eastern Europe
-- Best Online Investment Management Services in Central &
Eastern Europe
-- Best Trade Finance Services in Central & Eastern
Europe
-- Best Online Treasury Services in Central & Eastern
Europe
-- Best Mobile Adaptive Site in Central & Eastern Europe
-- Best SME Banking in Central & Eastern Europe
Archil Gachechiladze , Bank CEO commented: "We are delighted to
be recognised as the Best Consumer and Corporate/Institutional
Digital Bank in Georgia by Global Finance and to receive a number
of awards in the regional digital awards categories in Central and
Eastern Europe. This recognition once again highlights the strength
of our market-leading payments business and the popularity of our
financial mobile app. Enabled by strong technological and advanced
data analytics capabilities, we keep focusing on delivering
superior customer experience through more digitalisation, better
and relevant products, and smooth end-to-end customer journeys in
digital channels."
"With the Global pandemic forcing people to conduct their
personal and professional banking activities from their phones,
tablets and computers, digital banking took on an importance and
prevalence for beyond anything that had come before," said Joseph
D. Giarraputo , publisher and editorial director of Global Finance.
"Banks were forced to respond to this drastically altered
landscape, and those that met the challenge most successfully are
being honoured as Global Finance's World's Best Digital Banks
2021."
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
banking, wealth management and investment banking operations in
Georgia; and c) banking operations in Belarus ("BNB"). JSC Bank of
Georgia ("Bank of Georgia", "BOG" or the "Bank"), the systemically
important and leading universal bank in Georgia, is the core entity
of the Group. The Bank is a leader in payments business and
financial mobile application, with the strong retail and corporate
banking franchise in Georgia. With a continued focus on increasing
digitalisation and expanding technological and data analytics
capabilities, the Group aims to offer more personalised solutions
and seamless experiences to its customers to enable them to achieve
more of their potential. The Group aims to benefit from growth of
the Georgian economy, and through both its Retail Banking and
Corporate and Investment Banking services targets to deliver on its
strategy, which is based on at least 20% ROAE and c.10% growth of
its loan book in the medium-term .
JSC Bank of Georgia has, as of the
date hereof, the following credit
ratings:
Fitch Ratings 'BB-/B'
Moody's 'Ba2/NP'
For further information, please visit www.bankofgeorgiagroup.com
or contact:
Archil Gachechiladze Michael Oliver Sulkhan Gvalia Natia Kalandarishvili
CEO Adviser to the CFO Head of Investor
CEO Relations
+995 322 444 444
+995 322 444 144 +44 203 178 4034 +995 322 444 108 (9282)
agachechiladze@bog.ge moliver@bgeo.com sgvalia@bog.ge ir@bog.ge
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