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

Q2 2022 Bank of Georgia Group PLC Earnings Call Transcript

Aug 16, 2022 / 01:00PM GMT
Release Date Price: €20.8 (-1.89%)
Nini Arshakuni
Bank of Georgia Group PLC - Head of IR

Hi, everyone, and welcome to Bank of Georgia Group PLC's conference call. My name is Nini Arshakuni. I'm Head of Investor Relations.

Today, we will present and discuss the group's financial results for the second quarter and the first half of 2022. Group CEO, Archil Gachechiladze, will start with an overview of the group's performance, and then we'll take your questions. Please be aware that this call is being recorded. (Operator Instructions) And now I'm turning over to Archil.

Archil Gachechiladze
Bank of Georgia Group PLC - CEO & Director

Thank you very much, Nini. Welcome to our second quarter results call. I think we -- you may have seen already that it is an extraordinary number that we have had in our second quarter, which is a record by many different lines and as well as a combined net profit of roughly $100 million in the second quarter.

So with that, let me dive in and touch on a number of things regarding the macro performance because I think a great deal of this

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