Bank of Georgia Group PLC (the "Group") announces that its banking subsidiaries, Bank of Georgia and Ameriabank were named Best Banks in Georgia and Armenia, respectively, by the Euromoney Awards for Excellence 2024, a prestigious annual awards programme for the banking industry.

Bank of Georgia was also recognised as Best Bank in Georgia for Corporate Responsibility. The Group's investment banking subsidiary in Georgia, Galt and Taggart, was named Best Investment Bank. Ameriabank also won awards for Best Digital Bank and Best Bank for SMEs in Armenia

Euromoney highlighted the strong financial performance, remarkable customer franchise growth, and progress in the digital product offerings and services at both Bank of Georgia and Ameriabank.

Archil Gachechiladze, CEO of Bank of Georgia Group PLC, commented: "We are delighted that our two main subsidiaries - Bank of Georgia and Ameriabank - have been recognised as Best Banks in Georgia and Armenia, respectively. These achievements reflect the customer-centric mindset of both banks and the dedication of our employees to ensure continuous development. We remain focused on being the main bank for our customers, delivering a superior customer experience through increased digitalisation, and driving the growth and profitability of the whole Group."