‘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.
Georgia Capital begins share buyback following country’s protests Investment trusts Georgia Capital has moved to reduce the gap between its share price and underlying net asset value.
London-listed Georgian banks’ shares tank after country approves divisive ‘foreign agent’ law May 15, 2024 Both Georgia-focused banks listed in London saw their share prices crater on Wednesday after the country's parliament approved a divisive new "foreign agent" law, derailing what had been a strong performance for the lenders so far this year.