Banking

Bank of Georgia would be the Leader of Profitable Banks

Bank of Georgia would be the Leader of Profitable Banks May 4, 2018Leave a comment
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Bank of Georgia\’s profit renders up 36 million GEL in February, it is 40% of the sector\’s profit (01/17 C 35.8 million).

Profitability ratios will be the highest C Return on Assets (ROA) is finished 4.33% and Return on Equity (ROE) C 40.14% (01.17 C 4.22%: 40.66%). As known, your banker issued dividends of 100 million until the approval of 2016 results (3.6 GEL on per ordinary share). Bank of Georgia\’s assets are 9.794 billion GEL by March 1 (2017), market share is 33.4% (01.02.2017 C 10.163 billion: 33.8%).

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