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Bank of Georgia Group PLC - Tbilisi, Georgia-based lender - Says it is benefiting from the strength of the Georgian economy as profit, net interest income and dividends rise. In the six months to June 30, pretax profit grows 53% to ₾573.7 million, about £173.2 million, from ₾375.2 million a year ago. Net interest income climbs 25% to ₾552.6 million from ₾440.6 million. Declares ₾1.85 dividend per share, up 25% from ₾1.48.
‘The ongoing strength of the Georgian economy, and our focus on developing our digital presence and excellent customer experience, are ensuring that we remain well-positioned to continue to deliver on our key financial priorities: strong growth and high profitability,’ Chief Executive Officer Archil Gachechiladze says.
Current stock price: 1,920.08 pence, up 5.0% on Tuesday
12-month change: up 26%
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