Bank of Georgia Group PLC (FRA:GEB)
€ 55 -0.5 (-0.9%) Market Cap: 2.35 Bil Enterprise Value: 3.10 Bil PE Ratio: 3.12 PB Ratio: 1.06 GF Score: 82/100

Q3 2019 Bank of Georgia Group PLC Earnings Call Transcript

Nov 07, 2019 / 01:00PM GMT
Release Date Price: €38.84
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Bank of Georgia Group PLC Third Quarter and 9 Months Results. (Operator Instructions)

Also, I must advise that the call is being recorded today, Thursday, the 7th of November 2019. And without any further delay, I would now like to hand over the call to your speaker today, Archil Gachechiladze.

Archil Gachechiladze
Bank of Georgia Group PLC - CEO & Director

Hello. Welcome, everybody. Thank you for joining the call. By the way, this was an operator that pronounced my name right, first time ever, I think, but -- which is refreshing.

So in terms of this quarter, I think we have 2 main messages, as I outlined in the CEO statement. Basically, the first thing is that there is a completely new regulatory environment that kicked in from the beginning of the year, and I think it's -- we are seeing the full year results of it. And in this new regulatory environment, I think we are fully adjusted and are delivering pretty strong results with good growth and good profitability.

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