Bank of Georgia recognised in Global Finance’s AI in Finance Awards 2025
Lion Finance Group PLC (the “Company”) announces that its subsidiary, JSC Bank of Georgia (the “Bank” or “Bank of Georgia”), has been named the Best Corporate Bank and the Best Consumer Bank for AI in Finance in Central and Eastern Europe 2025 as part of Global Finance’s inaugural AI in Finance Awards 2025.
Archil Gachechiladze, CEO of Bank of Georgia, commented: “We’re delighted that Global Finance recognises our commitment to AI innovation. From risk management to personalised offerings, AI is integral to our operations, supported by a robust IT infrastructure. These awards build on last year’s recognition as the World’s Best Digital Bank 2024 and reflect the tangible results we are seeing. As we scale generative AI, we remain focused on evolving our capabilities to meet diverse client and business needs.”
About Global Finance:
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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21.08.2025.14:36
What’s Left of the Good Time Buffer?
While net inflows are still improving, GEL deposits are growing steadily in the banking system and the NBG continues reserve replenishment, we question how much of the “Good Time Buffer” i.e. deposits excessively converted to the FC and credit in LC, currently supporting the GEL, is left for now;
Having in mind the number of other drivers such as net inflows, fiscal balance, the share of cash in monetary aggregates and corresponding effect on credit side as well we estimate the approximate volume using three different scenarios based on deposit larization dynamics;
Based on various assumptions of deposit and credit trends, we estimate so called buffer initially to stand around $ 1 billion;
Another proxy may be the NBG selling net $875 million from FX reserves in May-October 2024 and, thereafter, purchasing a modest $153 million in November-February, while scaling up to $1.5 billion net purchases since March up to date, per on our estimates, other drivers also being in play;