Financial highlights for 1Q 2024 in GEL
33,262
Total Assets in mln
1Q 2023: 27,140
Change +22.6%
296
Net Profit in mln
1Q 2023: 255
Change +16.1%
25.1%
ROE
1Q 2023: 25.2%
Change -0.1 pp
22,545
Gross Loans in mln
1Q 2023: 18,321
Change +23.1%
20,839
Customer Deposits in mln
1Q 2023: 17,298
Change +20.5%
3.6%
ROA
1Q 2023: 3.6%
Change +0.0pp
37.2%
Cost to Income
1Q 2023: 34.3%
Change +2.9pp
0.8%
Cost of risk
1Q 2023: 1.1%
Change -0.3pp
2.2%
NPL to Gross Loans
1Q 2023: 2.2%
Change +0.0pp
140.3%
Total NPL Coverage
1Q 2023: 154.8%
Change -14.5pp
96.7%
Net loans to deposits + IFI
1Q 2023: 92.9%
Change +3.8pp
16.6%
Basel III CET 1*
1Q 2023: 17.7%
Change -1.1pp
18.8%
Basel III total CAR*
1Q 2023: 20.1%
Change -1.3pp
114.6%
Liquidity Coverage Ratio*
1Q 2023: 135.7%
Change -21.1pp
114.8%
Net Stable Funding Ratio*
1Q 2023: 131.3%
Change -16.5pp
* 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 1Q 2024
6.3
Monthly active customers in mln
1Q 2023: 5.1 mln
c. 4,400
Self-service terminals
1Q 2023: c. 4,300
130
Branches
1Q 2023: 141
826
ATMs
1Q 2023: 703
c. 32,700
Active merchant terminals
1Q 2023: c. 29,200