Bank of Georgia Group Plc Net Interest Income For 3Q19 Increase By 1.8%

  • Nov 07, 2019 GMT
  • Team Kalkine
  • Bank of Georgia Group Plc (BGEO) has released the Group's third quarter and the first nine months of 2019 consolidated financial results.
  • Net interest income of the bank increased by 1.8 per cent to GEL 188,682k in 3Q19 from GEL 185,335k in 3Q18.
  • Operating income for the third quarter increased by 5.9 per cent to GEL 284,962k as compared to GEL 269,080k in the same quarter last year.
  • For the 9M19 period, the operating income increased by 5.8 per cent to GEL 801,004k as compared to GEL 756,971k.
  • On 7th November 2019, at the time of writing, GMT 08:05 AM, BGEO shares were trading at GBX 1,374.00, up by 22.00 points or 1.63 per cent against the previous day closing price.

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