Financial highlights for FY 2023 in GEL

32,965 Total Assets in mln

FY 2022: 28,988
Change +13.7%

1,140 Net Profit in mln

FY 2022: 1,003
Change +13.6%

26.5% ROE

FY 2022: 27.0%
Change -0.5 pp

22,074 Gross Loans in mln

FY 2022: 18,205
Change +21.3%

20,375 Customer Deposits in mln

FY 2022: 18,037
Change +13.0%

3.9% ROA

FY 2022: 3.8%
Change +0.1pp

36.2% Cost to Income

FY 2022: 33.4%
Change +2.8pp

0.8% Cost of risk

FY 2022: 0.7%
Change 0.1pp

2.0% NPL to Gross Loans

FY 2022: 2.2%
Change -0.2pp

146.3% Total NPLs Coverage

FY 2022: 155.6%
Change -9.3pp

96.1% Net loans to deposits + IFI

FY 2022: 88.5%
Change +7.6pp

17.4% Basel III CET 1*

FY 2022: N/A
Change N/A

22.1% Basel III total CAR*

FY 2022: N/A
Change N/A

115.3% Liquidity Coverage Ratio*

FY 2022: N/A
Change N/A

119.9% Net Stable Funding Ratio*

FY 2022: N/A
Change N/A

Since January 2023, NSFR, LCR and capital adequacy ratios are calculated per IFRS, previously these ratios were calculated based on local standards.

IFRS Consolidated figures 

Selected operating data for FY 2023

5.9 Monthly active customers in mln

FY 2022: 4.4

c. 4,400 Self-service terminals

FY 2022: c. 4,300

135 Branches

FY 2022: 142

774 ATMs

FY 2022: 695

c. 32,600 Active merchant terminals

FY 2022: c. 28,800