Financial highlights for FY 2024 in GEL
40,160
Total Assets in mln
31 Dec 2023: 32,965
Change +22%
1,308
Net Profit in mln
FY 2023: 1,140
Change +16%
25.6%
ROE
FY 2023: 26.5%
Change -0.9 pp
26,722
Gross Loans in mln
31 Dec 2023: 22,485
Change +19%
22,864
Customer Deposits in mln
31 Dec 2023: 20,375
Change +12%
3.6%
ROA
FY 2023: 3.9%
Change -0.3pp
37.9%
Cost to Income
FY 2023: 36.2%
Change +1.7pp
0.8%
Cost of risk
FY 2023: 0.8%
Change -0.0pp
2.2%
NPL to Gross Loans
FY 2023: 2.0%
Change +0.2pp
143.9%
Total NPL Coverage
FY 2023: 147.7%
Change -3.8pp
102.2%
Net loans to deposits + IFI
FY 2023: 97.9%
Change +4.3pp
16.8%
Basel III CET 1*
FY 2023: 17.4%
Change -0.6pp
23.8%
Basel III total CAR*
FY 2023: 22.1%
Change +1.7pp
125.5%
Liquidity Coverage Ratio*
FY 2023: 115.3%
Change +10.2pp
123.9%
Net Stable Funding Ratio*
FY 2023: 119.9%
Change +4.0pp
* Capital adequacy ratios are calculated for Georgian bank only per IFRS
IFRS Consolidated figures
Selected operating data for FY 2024
7.6 mln
Monthly active customers
FY 2023: 5.9 mln
7.0 mln
Digital MAU
FY 2023: 5.2 mln
4,400
Self-service terminals
FY 2023: 4,400
127
Branches
FY 2023: 139
1,000
ATMs
FY 2023: 770
36,500
Active merchant terminals
FY 2023: 32,400