Letter to the Editor: Bank of Georgia

Dear Sir,

We are very pleased to have been named the best bank in Georgia by Euromoney for the third year running.

However, we would like to correct what we believe is an incorrect statement in the article Central and Eastern Europe regional awards published by Euromoney in the July issue, which states that the transparency standards of another Georgian bank “are recognized as being superior to Bank of Georgia’s”.

We at Bank of Georgia believe it is clear that our bank is not only the most transparent bank but it is the most transparent company of any kind in Georgia and that this is well recognized by the market.