‘We have been ignored for most of our life,’ says FTSE 100’s newest bank Banking Lion Finance thought of itself as the London Stock Exchange’s wallflower. But after its promotion the the market’s blue-chip index earlier this year, the bank is finally getting noticed. Shares in the group formerly known as Bank of Georgia have enjoyed a quiet ascent since the beginning of 2022. In that four-year window the stock [...]
Bank of Georgia posts solid earnings amid political turmoil Banking Eastern Asian lender Bank of Georgia saw its profit, customer numbers and interest income soar in the first quarter of this year, a period in which the bank also completed on its acquisition of the Armenian retail lender, Ameriabank.