Bank of Georgia made a net profit of GEL 364 mil in 2020, down 30.7% compared to the previous year. This implies a return on equity of 15.5%.
Historically, the bank’s net profit reached an all time high of GEL 525 mil in 2019 and an all time low of GEL 171 mil in 2011. The average profit in the last five years amounted to GEL 395 mil.
The bank generated its shareholders an average return on equity of 17.7% in the last five years with maximum at 26.6% and minimum at 13.4%
Bank of Georgia has been ranked 3rd within the group of 18 banks we follow in terms of return on equity in 2020.
You can see all the bank’s data at Bank of Georgia Profile, or you can download a report on the bank in the report section.
Helgi Library 
