Bank Of Georgia Group Share News (BGEO)

Bank of Georgia profit jumps in 2022 amid burgeoning Georgian economy

(Alliance News) - Bank of Georgia Group PLC on Thursday reported a surge in pretax profit during 2022, as Georgia's economy grew rapidly, boosted by migration and capital relocation.

Bank of Georgia posts 'exceptional' results, shares hit fresh highs

(Sharecast News) - Bank of Georgia posted another bumper set of results for the last quarter 2022 as economic growth continued to rocket and the country's currency, the lari, continued to appreciate.

Bank of Georgia expects tax expense from change to corporate tax law

(Alliance News) - Bank of Georgia PLC on Wednesday noted an amendment to corporate taxation in Georgia, starting in January.

DIRECTOR DEALINGS: TBC Bank chief sells GBP4.5 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and last week and not separately reported by Alliance News:

DIRECTOR DEALINGS: Litigation Capital Management chair ups stake to 3%

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

Bank of Georgia results boosted by lari appreciation and rising rates

(Alliance News) - Bank of Georgia PLC on Thursday delivered an optimistic set of results as it continues to benefit from the strength of the Georgian economy and the appreciation of its currency.

Bank of Georgia profits rise as local economy grows

(Sharecast News) - Bank of Georgia reported a rise in third-quarter pre-tax profit on Thursday, with its performance underpinned by wider growth in the Georgian economy.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: Markets hopeful as Sunak confirmed as next UK PM

(Alliance News) - Stocks in London closed higher and the pound strengthened on Monday as the UK ushered in Rishi Sunak as its next prime minister, offering hopes of stability for investors.

IN BRIEF: Georgia Capital CEO Gilauri remains for two more years

Georgia Capital PLC - Tbilisi, Georgia-based investor in businesses in Georgia - Extends Chair & Chief Executive Officer Irakli Gilauri's contract, due to expire in May next year. The contract has been renewed to December 31, 2025.

IN BRIEF: Bank of Georgia signs USD20 million loan with EBRD

Bank of Georgia Group PLC - Tbilisi, Georgia-based lender - Subsidiary JSC Bank of Georgia signs loan agreement for USD20 million equivalent with European Bank for Reconstruction & Development.

IN BRIEF: Bank of Georgia profit up on Georgian economy strength

Bank of Georgia Group PLC - Tbilisi, Georgia-based lender - Says it is benefiting from the strength of the Georgian economy as profit, net interest income and dividends rise. In the six months to June 30, pretax profit grows 53% to GEL573.7 million, about GBP173.2 million, from GEL375.2 million a year ago. Net interest income climbs 25% to GEL552.6 million from GEL440.6 million. Declares GEL1.85 dividend per share, up 25% from GEL1.48.

IN BRIEF: Georgia Capital assets fall as Ukraine war hurts portfolio

Georgia Capital PLC - Tbilisi, Georgia-based investor in businesses in Georgia - Ends first half to June 30 with net asset value per share of GEL52.71, or GBP14.78, which is down 16% from GEL63.03 on December 31. Total portfolio value falls 25% to GEL2.71 billion from GEL3.62 billion. The value fall is pinned on Russia's invasion of Ukraine, with Georgia Capital's private portfolio suffering, as well as a GEL317.5 million hit to London-listed Bank of Georgia Group PLC's valuation. BoG's shares slumped 21% in the first 6 months of 2022. The bank makes up 17% of firm's total portfolio.

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days