Bank of Georgia Holdings Plc

Bank of Georgia Holdings Plc operates as an investment holding company with interests in commercial banking services. It is a holding company of JSC Bank of Georgia and its subsidiaries. The company operates business through its subsidiaries under ten segments: Retail Banking, Corporate Banking, Wealth Management, Corporate Centre, Insurance & Healthcare, Affordable Housing, BG Capital, BNB & BGB, Liberty Consumer and others. The Retail Banking segment provides consumer loans, mortgage loans, overdrafts, credit card facilities and other credit facilities as well as funds transfer and settlement services, and handling customers' deposits for both, individuals as well as legal entities, encompassing mass affluent segment, retail mass markets, small & medium enterprises and micro businesses. The Corporate Banking segment provides loans and other credit facilities to large VIP as well as other legal entities, larger than small and medium enterprises and micro, finance lease facilities provided by Georgian Leasing Company LLC, as well as providing funds transfers and settlement services, trade finance services and documentary operations support, handling saving and term deposits for corporate and institutional customers. The Wealth Management segment provides private banking services to resident as well as non-resident wealthy individuals as well as their direct family members by ensuring individually distinguished approach and exclusivity in rendering common banking services such as fund transfers, currency exchange or settlement operations, or holding their savings and term deposits; wealth management involves providing wealth and asset management services to same individuals through different investment opportunities and specifically designed investment products. The Corporate Centre segment provides back office services to all operating segments of the bank as well as holding all principal investments in subsidiaries. The Insurance & Healthcare segment provides wide-scale non-life insurance as well as integrated healthcare services to corporate clients and insured individuals. The Affordable Housing segment comprising JSC SB Real Estate, principally holding investment property repossessed by the Bank from defaulted borrowers, managing those property, developing and selling affordable residential apartments. The BG Capital segment provides brokerage, custody and corporate finance services, mostly to wealthy or mass affluent individuals as well as to corporate customers. The BNB segment comprising JSC Belarusky Narodny Bank provides retail and corporate banking services in Belarus and Ukraine. The Liberty Consumer segment principally holding private equity investments in several non-core business enterprises, such as winery, fitness centre, travel agencies, outdoor or indoor advertising company, regional car dealership, hotels and restaurants management chain and other smaller investments, all designated for disposal. The Other segment comprising JSC Galt & Taggart Holding Georgia, a shell company, principally holding investments in subsidiaries of the Bank on behalf of the Bank. Bank of Georgia Holdings was founded on October 14, 2011 and is headquartered in London, the United Kingdom.