Bank of Georgia : 2Q21 and 1H21 Results Call Presentation
08/17/2021 | 02:13am EDT
RESULTS CALL PRESENTATION
2Q21 and 1H21 Financial Results
17 August 2021
DISCLAIMER - FORWARD LOOKING STATEMENTS
This presentation contains forward-looking statements, including, but not limited to, statements concerning expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, competitive strengths and weaknesses, plans or goals relating to financial position and future operations and development. Although Bank of Georgia Group PLC believes that the expectations and opinions reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations and opinions will prove to have been correct. By their nature, these forward-looking statements are subject to a number of known and unknown risks, uncertainties and contingencies, and actual results and events could differ materially from those currently being anticipated as reflected in such statements. Important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, certain of which are beyond our control, include, among other things: macroeconomic risk, including currency fluctuations and depreciation of the Lari; regional and domestic instability; loan portfolio quality risk; regulatory risk; liquidity risk; capital risk; financial crime risk; cyber-security, information security and data privacy risk; operational risk; COVID-19 pandemic impact risk; climate change risk; and other key factors that indicated could adversely affect our business and financial performance, which are contained elsewhere in this presentation and in our past and future filings and reports of the Group, including the 'Principal risks and uncertainties' included in Bank of Georgia Group PLC's Annual Report and Accounts 2020 and in 2Q21 and 1H21 results announcement. No part of this presentation constitutes, or shall be taken to constitute, an invitation or inducement to invest in Bank of Georgia Group PLC or any other entity within the Group, and must not be relied upon in any way in connection with any investment decision. Bank of Georgia Group PLC and other entities within the Group undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required. Nothing in this presentation should be construed as a profit forecast.
COVID-19 PANDEMIC AND MACROECONOMIC HIGHLIGHTS
GROUP OVERVIEW AND STRATEGY
2Q21 AND 1H21 RESULTS
COVID-19 STATISTICS IN GEORGIA
COVID-19 STATISTICS IN GEORGIA
Georgia now has sufficient vaccine supplies (Pfizer, Sinovac, Sinopharm and AstraZeneca). The government plans to vaccinate around 60% of adult population by the end of 2021.
NCDC at 14:30, 16 August 2021
COVID-19 STATISTICS IN GEORGIA, 000' PERSONS
at 14:30, 16 August 2021
Total cases (LHS)
Total recoveries (LHS)
Daily new cases (RHS)
CUMULATIVE VACCINATIONS, 000'
Source: NCDC, ourworldindata
16 August 2021
20.0% of Georgia's adult population has received at least one dose of a
COVID-19 vaccine, while 8.4% of adult population is fully vaccinated.
Vaccination process significantly accelerated since the end of July 2021, and if
that pace continues, we expect around 46% of adult population to be
vaccinated with at least one dose by the end of September 2021, on track with
Bank of Georgia Group plc published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 06:12:06 UTC.