Bank of Georgia receives Excellence recognition for the second time in two months

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Being a household brand in the banking sector, Bank of Georgia continues to forge a successful year, having received an Excellence award for the second time in the last two months.

The authoritative financial magazine Euromoney and the international edition Global Banking & Finance Review named Bank of Georgia winner of the “Euromoney Award for Excellence” in the category of “Best Bank in Georgia 2021”, and “Decade of Excellence Banking Group Georgia 2021” awards, respectively.

Global Banking & Finance Review is the leading online print and financial journal founded in 2010 in the United Kingdom which identifies companies that stand out in the financial sector with innovation, achievement, strategy and progress; while the Euromoney Awards are considered to be one of the most prestigious awards in the financial services industry, which includes more than 20 global categories and nominations for the best financial institution in over 100 countries around the world.

This year, Euromoney received more than 1,000 applications from banks worldwide and Bank of Georgia won the Euromoney Award for Excellence in the category of Best Bank in Georgia 2021.

In making their decision, Euromoney editors, experts and analysts took into account criteria such as the market position, share, quality of service, release of new products, implementation of innovations and much more.

“Investments initiated by Bank of Georgia into developing technology have played a major role in overcoming the crisis caused by the Covid-19 pandemic – contributing to the Bank’s growth and sustainability. These and many other factors have contributed to Bank of Georgia winning the Excellence award in the category of the Best Bank of the Year twice,” stated representatives from Euromoney.

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It is a great honour for Bank of Georgia to receive both the “Euromoney Award for Excellence” and “Decade of Excellence Banking Group Georgia 2021” awards. These titles not only recognize the achievements that the Bank has made over the decades as a result of the tireless work of the entire team, but also underscores the reliability of Bank of Georgia at an international level. This is largely due to the well-earned trust of more than 2.6 million customers,” stated Archil Gachechiladze, CEO of Bank of Georgia.

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