Bank of Georgia Group (BGEO)

Sector:

Banking

Index:

FTSE 250

4,140.00p
   
  • Change Today:
    -45.00p
  • 52 Week High: 5,420.00p
  • 52 Week Low: 2,650.00p
  • Currency: UK Pounds
  • Shares Issued: 45.26m
  • Volume: 241,025
  • Market Cap: £1,873.70m
  • RiskGrade: 206

BGEO sign £19m loan agreement

By Josh White

Date: Friday 05 Aug 2016

LONDON (ShareCast) - (ShareCast News) - BGEO Group, the holding company of JSC Bank of Georgia, announced on Friday that the bank and Black Sea Trade and Development Bank have signed a GEL 60m (£19.4m) loan agreement, with a 5-year maturity.
The FTSE 250 firm said this long-term local currency loan facility will be used to finance investments and the working capital needs of local businesses in rural and urban areas of Georgia.

It said it will further support the development of Georgian SMEs without creating foreign exchange risk.

"This longer-term local currency loan facility reinforces BOG's commitment to support small and medium-size enterprises in Georgia and underpins its leading position in the SME sector," the board said in a statement.

"BSTDB obtained the local currency funds through a private placement of GEL-denominated bonds arranged by Galt & Taggart, a wholly owned subsidiary of BGEO."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BGEO Market Data

Currency UK Pounds
Share Price 4,140.00p
Change Today -45.00p
% Change -1.08 %
52 Week High 5,420.00p
52 Week Low 2,650.00p
Volume 241,025
Shares Issued 45.26m
Market Cap £1,873.70m
RiskGrade 206

BGEO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.35% above the market average81.35% above the market average81.35% above the market average81.35% above the market average81.35% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Price Trend
86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Income
71.25% above the market average71.25% above the market average71.25% above the market average71.25% above the market average71.25% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Growth
77.43% above the market average77.43% above the market average77.43% above the market average77.43% above the market average77.43% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BGEO Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Jul-24 05-Oct-23
Paid 19-Jul-24 27-Oct-23
Amount 147.34p 91.59p

Trades for 17-May-2024

Time Volume / Share Price
16:35 123 @ 4,140.00p
16:35 188 @ 4,140.00p
16:35 112 @ 4,140.00p
16:35 136 @ 4,140.00p
16:35 12,913 @ 4,140.00p

BGEO Key Personnel

CEO Archil Gachechiladze

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