Financial highlights for 1Q 2025 in GEL

40,229 Total Assets in mln

31 Mar 2024: 33,262
Change +21%

319 Net Profit in mln

1Q 2024: 296
Change +7%

23.2% ROE

1Q 2024: 25.1%
Change -1.9 pp

27,350 Gross Loans in mln


31 Mar 2024: 22,969
Change +19%

22,320 Customer Deposits in mln


31 Mar 2024: 19,729
Change +13%

3.2% ROA


1Q 2024: 2.6%
Change -0.4pp

37.2% Cost to Income


1Q 2024: 37.2%
Change -0.0pp

1.4% Cost of risk


1Q 2024: 0.8%
Change +0.6pp

2.5% NPL to Gross Loans


1Q 2024: 2.2%
Change +0.3pp

140.4% Total NPL Coverage


1Q 2024: 138.4%
Change +2.0pp

105.4% Net loans to deposits + IFI


1Q 2024: 98.5%
Change +6.9pp

16.4% Basel III CET 1*


1Q 2024: 16.6%
Change -0.2pp

23.1% Basel III total CAR*


1Q 2024: 21.5%
Change +1.6pp

119.0% Liquidity Coverage Ratio*


1Q 2024: 114.6%
Change +4.4pp

125.6% Net Stable Funding Ratio*


1Q 2024: 114.8%
Change +10.8pp

* Capital adequacy ratios are calculated for Georgian bank only per IFRS

IFRS Consolidated figures 

Selected operating data for 1Q 2025

7.9 mln Monthly active customers

1Q 2024: 6.3 mln

7.2 mln Digital MAU

1Q 2024: 5.6 mln

4,400 Self-service terminals

1Q 2024: 4,400

124 Branches

1Q 2024: 130

1,000 ATMs

1Q 2024: 830

37,100 Active merchant terminals

1Q 2024: 32,400