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Pension Fund: Over 22,000 Georgians draw pension benefits worth GEL 100.3 million

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The Pension Fund of Georgia has published its statistical data, indicating that the number of participants enrolled in the pension scheme stands at 1,667,000 people.

As of August 31, 2025, 22,843 individuals have benefited from accumulated pensions, receiving GEL 100.3 million in pension payments.

The value of pension assets amounts to GEL 7.4 billion, of which generated returns have exceeded GEL 1.9 billion.

The Pension Fund of Georgia has also published the results of its investment portfolios for August 2025.

“August proved to be quite a good month for the pension fund’s portfolios, driven by rising share prices on international markets. This positive momentum was linked to strong quarterly corporate results, an improved economic environment, and expectations of a more accommodative policy from the Federal Reserve.

“In August, the dynamic portfolio showed the highest growth at 1.98%, whilst the balanced and conservative portfolios grew by 1.51% and 1.22% respectively.

Year-to-date returns for all three portfolios remain quite high: conservative at 7.29%, balanced at 8.11%, and dynamic at 9.20%.

“It should be noted that the dynamic portfolio also leads in terms of long-term returns, since the portfolio’s creation (August 6, 2023) to date, its annualised returns stand at 13.8%, whilst the corresponding figures for balanced and conservative portfolios are 12.7% and 11.6% respectively.

By the end of August, Pension Fund of Georgia assets exceeded GEL 7.4 billion, whilst generated returns surpassed GEL 1.9 billion,” the Pension Fund notes.

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image Georgia Capital PLC (the “Company") has published financial results for the third quarter and the nine months of 2025

28.10.2025.17:00

Georgia Capital PLC (the “Company") has published today its financial results for the third quarter and the nine months of 2025.

KEY POINTS

  • NAV per share (GEL) increased 7.9% q-o-q in 3Q25, driven by strong operating performance across our private large portfolio companies and continued growth in Lion Finance Group PLC’s share price
  • Outstanding quarterly results across our private large portfolio companies, with aggregated revenues and EBITDA up 13.5% and 29.5% y-o-y in 3Q25, respectively
  • Commencement of GEL 700 million capital return programme, comprising:
    • US$ 50 million share buyback and cancellation programme, under which 0.8 million shares have been repurchased for US$ 26.3 million (GEL 71.2 million), bringing total returns to shareholders since demerger to US$ 221 million
    • Early redemption of US$ 100 million of GCAP’s US$ 150 million local holding company bonds, reducing the outstanding principal to US$ 50 million
  • NCC ratio improved by 1.6 ppts q-o-q to a record low 5.4% as at 30-Sep-25 (10.5 ppts y-o-y improvement), driven by significant net debt reduction supported by strong cash generation and by continued growth in portfolio value 
  • On 25 October 2025, healthcare services business agreed to acquire Gormed LLC, a regional network of three hospitals and clinics in central Georgia, pending regulatory approval. This bolt-on acquisition is expected to enhance revenue growth, deliver strong efficiency gains and improve profitability through operational synergies
  • Upgrade in GCAP’s corporate credit outlook from stable to positive by S&P, reflecting strong asset performance and the Group’s continued progress on deleveraging

WEBINAR DETAILS

An investor/analyst webinar, organised by the Company, will be held today, at 14:00 UK / 15:00 CET / 10:00 US Eastern Time. The duration of the webinar will be 60 minutes and will consist of a 30-minute update and a 30-minute Q&A session.

Please register at the Registration link to attend the event.

The results announcement together with the supplementary financial information (excel file) are available on the Company’s website at https://georgiacapital.ge/ir/financial-results.

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