JSC Bank of Georgia receives the Global Finance award as the Best Sub-Custodian Bank in Georgia in 2010
Bank of Georgia
JSC Bank of Georgia receives the Global Finance award as the Best Sub-Custodian Bank in Georgia in 2010
JSC Bank of Georgia (LSE:BGEO) (the “Bankâ€), Georgia’s leading universal bank announced today that it has received the Global Finance award as the Best Sub-Custodian Bank in Georgia in 2010. This is the seventh consecutive year Global Finance editors and reporters, with input from expert sources, are selecting the winners from the institutions that reliably provide the best custody services in local markets and regions to global custodians.
“I am very pleased that Bank of Georgia has been recognized as the Best Sub-Custodian Bank in Georgia. This award complements the Global Finance Award as the Best Bank in Georgia 2010 received by Bank of Georgia few months ago for the third consecutive year“, commented Irakli Gilauri, Chief Executive Officer.
About Bank of Georgia
Bank of Georgia is the leading
Georgian bank offering a broad range of corporate and investment
banking, retail banking, wealth management and insurance services to its
customers in Georgia, Ukraine and Belarus. Bank of Georgia is the
largest bank in Georgia by assets, loans, deposits and equity, with
34.8% market share by total assets (all data according to the NBG as of
30 April 2010). The bank has 137 branches and over 996,000 retail and
more than 157,000 corporate current accounts.
Bank of Georgia has, as of the date hereof, the following credit ratings:
Standard & Poor’s |  |  |  | ‘B/B’ |
FitchRatings | ‘B/B’ | |||
Moody’s | ‘B3/NP’ (FC) & ‘Ba3/NP’ (LC) | |||
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For further information, please visit www.bog.ge/ir or contact:
Irakli Gilauri | Â | Â | Â | Macca Ekizashvili |
CEO, Supervisory Board Member | Head of Investor Relations | |||
+995 32 444 109 | +995 32 444 256 | |||
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This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities.