BGEO Group PLC (“BGEO” or the “Group”), the holding company of JSC Bank of Georgia (“the Bank”), Georgia’s leading bank, announces that the Bank has received “The Bank of the Year 2015” award for both Georgia, and Central and Eastern Europe by The Banker magazine. The award is given annually to leading commercial and investment banks worldwide in recognition of their achievements.
“I am delighted that Bank of Georgia has been recognised as the top bank in both Georgia, and the Central and Eastern Europe region. These prestigious awards serve as a recognition that Bank of Georgia continues to successfully maintain its leadership role in the country while establishing itself amongst the leading banks in Europe. Receiving these awards is particularly rewarding against the challenging regional macroeconomic backdrop over the last twelve months, and I want to congratulate our banking team on this achievement which reflects their persistent efforts to deliver a strong performance for the year,” commented Irakli Gilauri, the Group CEO.
