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BGEO Group PLC (BGEO.L)

BGEO.L on London Stock Exchange

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Wed, Sep 7 2016

BRIEF-BGEO Group appoints Kakhaber Kiknavelidze as CEO for JSC Bank

* Announces appointment of Kakhaber Kiknavelidze as chief executive officer of JSC Bank of Georgia, with immediate effect

Georgia's BGEO Group appoints CEO for JSC Bank

Sept 7 BGEO Group Plc, the holding company for JSC Bank of Georgia, said it had appointed Kakhaber Kiknavelidze as CEO of JSC Bank of Georgia with immediate effect.

BRIEF-BGEO Group H1 profit rises about 48 pct

* Says H1 revenue was 368.1 mln Georgian lari (up 2.2 pct y-o-y)

Fitch Publishes BGEO Group's IDR at 'BB-'; Outlook Stable

(The following statement was released by the rating agency) MOSCOW, June 15 (Fitch) Fitch Ratings has published BGEO Group's (BGEO) Long-Term Issuer Default Rating (IDR) of 'BB-' with a Stable Outlook. BGEO is Bank of Georgia's (BoG; BB-/Stable/bb-) direct holding company, domiciled in Georgia. A full list of rating actions is available at the end of this rating action commentary. KEY RATING DRIVERS BGEO's ratings reflect Fitch's view that the default risk of the holding company (holdco) i

BRIEF-BGEO Q1 profit rises about 40 pct year-on-year

* 1Q16 profit was gel 87.0mln (us$ 36.8mln/gbp 25.5mln), up 39.6% y-o-y

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