International Black Sea University

History

The Bank of Georgia has an excellent background and a long history. the 1903-founded Georgian bank
that the communists nationalized and renamed Binsotsbank until it was once more privatized and given
that name in 1994. The Georgian Stock Exchange first listed Bank of Georgia in 2001. In 2004, it merged
with Tbiluniversalbank. Beginning in 2004, Bank of Georgia completed several significant acquisitions,
introduced a number of packaged retail products, and began carrying out significant infrastructure
upgrades. This was also the time when the Bank started providing private banking services and listed its
first corporate bonds on the Georgian Stock Exchange. Following the IPO (Initial Public Offering), it
issued its first Eurobonds, completed additional acquisitions, and established new alliances. The Bank of
Georgia went public on the London Stock Exchange in 2007 via global depositary receipts. Bank of
Georgia had a premium offering on the London Stock Exchange in April 2012. On June 15, 2012, the FTSE
250 Index welcomed the Bank of Georgia.

Moving on to the logo of the bank, the most notable element of the logo is the lion, a representation of
power, cunning, and bravery—all qualities important to the Bank of Georgia. The Alazani Valley lion,
which dates to the third century B.C. and is the oldest known representation of a lion in Georgian art,
served as the model for the logo. Orange is a symbol of innovative ideas, according to the company's
official description of its logo and background research, which symbolizes the company's vision for how
banking should be.

Mission

A Georgia-focused financial company, The Bank of Georgia Group has a proven track record of
optimizing shareholder value and producing exceptional returns. Bank of Georgia Group is a financially
solid, innovative, and truly public financial institution with high corporate governance and transparency
requirements as well as a strong competitive edge in the local market in terms of drawing financial and
human capital.The Group, which is based in Georgia, offers a wide range of global retail banking,
corporate and investment banking, and banking services in Belarus through BNB. Strong client
interactions, continuing digital innovation, and cutting-edge financial technologies are used to achieve
this.

Bank of Georgia dominates the markets for loyalty programs, banking mobile applications, and
payments. Therefore, the company's mission is to continuously focus on digitalization and improve
technology and data analytics skills in order to create more personalized, seamless experiences and
anticipate client needs. Strong banking franchises, employee empowerment, customer satisfaction, and
data-driven decisions can all help us achieve our strategic goals. With all these essential building blocks,
we have laid the groundwork for the bank of the future, and we're dedicated to increasing shareholder
value and establishing solid profitability.

Instead of concentrating solely on the company's progress, Bank of Georgia's corporate goal includes the
notion of creating future banking standards through information, insight, and experience. Their primary
goals are to provide Georgians with access to a contemporary financial system, to promote
environmental protection and educational reform, and to deal with other critical social concerns. For
instance, Tree of Life allotted roughly GEL 1.9 million in 2019 to support social business growth, social
platforms, education, environmental protection, and people with disabilities and special needs. The
charity portal www.give.ge was developed by the Bank of Georgia and the Tree of Life Foundation to
 International Black Sea University

connect those in need with those wanting to contribute goods like clothing, books, and other items. And
to this day the bank continues to create new projects that will be beneficial for the Georgian society.