Financial Services

Bank of Georgia first-half profit rises 11.2 pct


Aug 16 (Reuters) – Bank of Georgia Group Plc on Thursday posted an 11.2 percent rise in first-half profit, driven by its banking and investment businesses.

The Tbilisi-based bank said profit rose to 257.8 million laris ($100.9 million), in the six months ended June 30, from 231.8 million laris a year earlier. ($1 = 2.5550 laris)

Reporting by Noor Zainab Hussain and Muvija M in Bengaluru;
Editing by Amrutha Gayathri



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