ID 204378869 · FY 2017–2024 · 8 years
Group parent — controls 2 companies
JSC Bank of Georgia is the largest commercial bank in Georgia by assets, with ~35% market share and an LSE-listed parent (Lion Finance Group, ex-BGEO). Provides full retail, SME and corporate banking nationwide, plus payments, leasing and brokerage; consistently delivers ROAE in the high-20s%.
curated 2026-06-03bankofgeorgiagroup.comen.wikipedia.orgbog.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Net interest income | 210,204 | 731,544 | 783,573 | 764,996 | 940,883 | 1,174,611 | 1,586,000 | 1,842,747 | +36.4% |
| Net fee and commission income | 116,270 | 129,524 | 152,282 | 136,239 | 188,336 | 261,420 | 340,672 | 387,808 | +18.8% |
| Net foreign currency gain / (loss) | 1,478 | 124,782 | 101,152 | 100,334 | 108,561 | 461,998 | 370,847 | 446,942 | nmf |
| Net other income | 9,396 | -833 | 18,135 | 23,200 | 30,481 | 14,173 | 19,091 | 23,226 | +13.8% |
| Operating income | 337,348 | 985,017 | 1,055,142 | 1,024,769 | 1,268,261 | 1,912,202 | 2,316,610 | 2,700,723 | +34.6% |
| Operating expenses | -322,810 | -443,953 | -398,776 | -428,251 | -446,043 | -580,753 | -601,253 | -778,540 | +13.4% |
| Profit / (loss) from associates | 0 | 1,339 | 789 | 782 | -3,781 | 819 | 984 | 293,070 | nmf |
| Operating income before cost of risk | 14,538 | 542,403 | 657,155 | 597,300 | 818,437 | 1,332,268 | 1,716,341 | 2,215,253 | nmf |
| Cost of risk | 0 | 424 | -92 | -270,027 | 189 | -149,657 | -123,654 | -87,781 | nmf |
| Profit before income tax | 366,747 | 400,107 | 569,344 | 327,273 | 818,626 | 1,182,611 | 1,592,687 | 2,127,472 | +28.5% |
| Income tax expense | -27,840 | -56,579 | -56,457 | -20,775 | -74,815 | -190,607 | -258,968 | -289,573 | +39.7% |
| Profit | 338,907 | 343,528 | 512,887 | 306,498 | 743,811 | 992,004 | 1,333,719 | 1,837,899 | +27.3% |
| Net profit margin | 100.5% | 34.9% | 48.6% | 29.9% | 58.6% | 51.9% | 57.6% | 68.1% |
Ownership & directors from companyinfo.ge (public corporate registry).