Bank of Georgia Group PLC (LON:DGEO) today announced that JSC Bank of Georgia has been recognised as the best bank of 2018 in Central and Eastern Europe by The Banker. One of the criteria for selection was the Bank’s successful transformation from a product focus to a client-centric business model which has resulted in more effective tailor-made services through the Bank of Georgia’s multi-brand strategy. The Banker also outlined the Bank’s achievements in creating digital platforms and loyalty programmes, which are an integral part of Bank of Georgia’s client-centric business model and its focus on developing stronger customer relationships. The Banker distinguished Bank of Georgia, a London Stock Exchange listed company, for its best-in-class corporate governance standards and its competitive advantage in the local market in terms of attracting human and financial capital.
Kaha Kiknavelidze, the Bank of Georgia CEO commented: “We are very pleased to be awarded the Bank of the Year 2018 award. Bank of Georgia is a strong, innovative and truly public financial institution with exemplary corporate governance standards. Bank of Georgia exemplifies the importance of customer relationships and digital innovation in its successful multi-brand strategy. We will continue to leverage our exceptional human and financial capital to be market leaders in Georgia and set the best banking practices in the region.”
