Bank of Georgia Financial Overview
Key drivers of economic growth
Regional
Hub
Financial
Services
Libertarian
Economy
Export
Growth
FDIS
Increased importance of Georgia as
regional transportation and logistics
hub with geopolitically important
location for cross country trade and
energy transit.
Export CAGR of 17% from 2003 to
2009; 33% y-o-y increase in nine
months 2010. Net electricity exporter
since 2007.
FDI averaging at 16% of GDP during
past three years, with cumulative FDI
(2004-2009) in country reaching
60.5% of GDP as of YE 2009.
Rapidly developing Financial sector
with demonstrated resilience to crises
(conservative regulation; No
government bailouts) with high capital
base to support the growth.
Lobko
BANK OF GEORGIA
www.bog.ge/ir
November 2010
Page 8View entire presentation