Revenue by Segment

Financials in millions GEL. Fiscal year is January - December.

Millions GEL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Armenian Financial Services (AFS)	1.07B	665.73M	-	-	-
Armenian Financial Services (AFS) Growth	60.40%	-	-	-	-
Other Businesses	163.85M	126.05M	108.61M	141.10M	-
Other Businesses Growth	29.99%	16.06%	-23.03%	-	-
Georgian Financial Services - Retail Banking	1.59B	1.46B	1.16B	802.37M	-
Georgian Financial Services - Retail Banking Growth	8.94%	25.85%	44.70%	-	-
Georgian Financial Services - SME	388.93M	352.14M	310.05M	254.97M	-
Georgian Financial Services - SME Growth	10.45%	13.57%	21.60%	-	-
Georgian Financial Services - Corporate Investment Banking	853.52M	714.06M	718.86M	601.10M	-
Georgian Financial Services - Corporate Investment Banking Growth	19.53%	-0.67%	19.59%	-	-
Georgian Financial Services - Corporate Centre	68.88M	79.28M	111.11M	84.01M	-
Georgian Financial Services - Corporate Centre Growth	-13.12%	-28.65%	32.27%	-	-
Eliminations	-994.00K	-1.07M	-770.00K	-599.00K	-698.00K
Retail Banking (Excl. BNB)	-	-	-	-	845.92M
Retail Banking (Excl. BNB) Growth	-	-	-	-	62.18%
Corporate Investment Banking	-	-	-	-	462.51M
Corporate Investment Banking Growth	-	-	-	-	105.60%
Belarusky Narodny Bank (BNB)	-	-	-	-	60.84M
Belarusky Narodny Bank (BNB) Growth	-	-	-	-	30.00%
Total	4.13B	3.40B	2.41B	1.88B	1.37B
Total Growth	21.68%	41.03%	27.93%	37.58%	72.59%

Source: S&P Global Market Intelligence.