Presentacia Final

At People’s Service

Georgian Banking Sector Highlights................................................... 4Introduction ......................................................................................... 7Branch and ATM Network across Georgia ......................................... 8Regional Coverage ............................................................................. 9Mission, Vision & Strategy .................................................................. 10Management Structure ....................................................................... 11Retail Customer Communication and Service Delivery ...................... 12Retail Banking - Prioritized Direction .................................................. 13Corporate Banking.............................................................................. 17Leader in Money Transfers ................................................................. 21Leader in Plastic Card Business......................................................... 22Social Projects .................................................................................... 23IT Infrastructure .................................................................................. 24Fixed Assets Overview ...................................................................... 25Daugther Companies.......................................................................... 26The Bank’s Standalone ...................................................................... 29International Relations ........................................................................ 31Future Co-operation ........................................................................... 32

CONTENT:2

GEORGIAN BANKING SECTOR HIGHLIGHTS 8 Months Overview of 2007

3

Market Share by Customers

Banking Sector 2004 2005 Since 2004 2006 Since 2005 Aug.07 Since 2006

Total Assets 1 699 154 2 548 267 50% 4 227 647 66% 6 482 463 53%

Loans 964 918 1 730 467 79% 2 681 495 55% 3 940 801 47%

Total Liabilities 1 326 641 2 068 780 56% 3 329 273 61% 5 303 838 59%

Deposits 982 968 1 538 063 56% 2 327 897 51% 3 289 911 41%

Net Profi t 27 482 61 756 125% 92 970 51% 77 108 24% (on an yearly basis)

Customer Allocation by Banks

People’s Bank market share by Customers

1,600,000

1,800,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

PeoplesBank

1,610,000

Bank ofGeorgia

280,353

ProcreditBank

VTB

138,838

BankRepublic

96,625

TBCBank

119,690

CartuBank

58,169

Other

52,960

64,6% 11,2% 5,8% 5,5% 3,8% 4,7% 2,3% 2,1%

145,678

Peoples Bank63%

Other37%

as of August 2007

GEORGIAN BANKING SECTOR HIGHLIGHTS4

Share in BankingSystem

GEORGIAN BANKING SECTOR HIGHLIGHTS

Branch Network in Georgian Banking System – 2007

Peer Group’s market shares in Net Commission Income

20

40

60

80

100

120

140

160

180

220

200 200

101

30 28

1913

5

19

PeoplesBank

Bank ofGeorgia

ProcreditBank

VTB BankRepublic

TBCBank

CartuBank

Other

48% 24% 7% 7% 5% 3% 1% 5%

0%

5%

10%

15%

20%

25%

30%

24%

2006 2007- August

8%

25%

23%

25%

7%

9%

6%7%

6%5% 5%

8% 8%

16%

18%

PeoplesBank

Bank ofGeorgia

ProcreditBank

VTB BankRepublic

TBCBank

CartuBank

Other

Shares of Net Commission IncomeNumber of units as of August 2007

5

PEOPLE’S BANK OF GEORGIAFigures and Curves

INTRODUCTION

Sound Customer Orientation and Communication

High Sense of Corporate Social Responsibility

The Biggest Number of Customers and Branch Network

Backbone of Georgian Economy

JSC People’s Bank of Georgia was founded by the end of 2002 year on the basis of AGRO Industrial Bank. By the Stockholders’ decision the bank all encompassed all the existing 30 branches, implementing high quality products in all regions. The result of all the taken activities is that People’s bank gained strong and stable position in the banking sector, with the biggest network in Georgia. Nowadays, the bank owns 200 units in total (branches, service centers, and pavilions) in 67 regions. In most of the regions People’s Bank is the only banking institution.

The largest branch network 200 branches 150 ATMs 1 610 000 retail account

The biggest number of International and Local Cards 550 000 International Visa Cards 850 000 Cards Issued

Leader in Money Transfer17 Money transfer systems1 local money transfer system

The only banking institution in Georgia initiating social projectsNo. 1 in net commission incomes (c. 25%)

Daughter Companies:People’s Insurance CompanyPeople’s PostReal Estate DevelopmentPublic Investment Management CenterPeople’s Fund

IT and Infrastructure:Own processing center

Partner of Georgian Government in: Distribution of Pensions and Allowances

Public Register ServicesNo. 1 Reformer in:

Establishing Plastic Card payment at Penitentiary system- prisonersEstablishing plastic card payment system in Tbilisi Public SchoolsPlanning to establish plastic cards payment system in high education

institutions and public transport

The Bank Today

People’s Bank 5 Years Ago

7

BRANCH AND ATM NETWORK ACROSS GEORGIA

200 Branches including 9 Pavilions

150 ATMs

8

Khulo Abasha

Adigeni

Ambrolauri

Aspindza

Akhalgori

Akhalkalaki

Akhmeta

Akhaltshikhe

Batumi

Baghdati

Bolnisi

Borjomi

Gardabani

Gori

Gurjaani

Dedoplistskaro

Dmanisi

Dusheti

Vani

Zemo Abkhazia

Zestaponi

Zugdidi

Tbilisi

Tetritskaro

Telavi

Terjola

Tianeti

Kaspi

Lagodekhi

LanchkhutiLentekhi

LiaxviMarneuliMartviliMestiaMtskhetaNinotsminda

Ozurgeti

OniRustavi

Sagarejo

Samtredia

Sachkhere

Senaki

Sighnaghi

Tkibuli

Poti

Kareli

Keda

Kobuleti

Kutaisi

Kazbegi

Kvareli

Shuakhevi

Chokhatauri

Chkhorotsku

Tsageri

Tsalenjikha

Tsalka

Tskaltubo

Chiatura

Kharagauli

Khashuri

Khelvachauri

Khobi

Khoni

REGIONAL COVERAGE9

MISSION, VISION & STRATEGY

Strategy

Our Mission

Our Vision

To provide universal, accessible and modern services to the population throughout the country

To deliver quality services at Bank’s offi ces. Our major priority is to ensure a steady increase of the clients’ satisfaction based on client-friendly, accurate and prompt services.

• To promote growth of the retail banking system• Maintain and solidify cuustomer oriented approach• Building banking operaations complying internationaational standards• Maintaining leading possition in servicing social projects by constant improvement of the service levelsocial projects by constant improvement of th• Offering innovative andd highly competitietitive broad-range products to population• Placing special emphassis on the divdiversity, simplicity and accessibility of services

Sound management

Cutting-edge expertise

Cross-selling synergies

Cost effi ciency

10

MANAGEMENT STRUCTURE

RB Committee Credit Committee

Board of Branch ManagersALCO Committee

MIS

Board of Directors

General Director

Infrastructure Development

Retail Banking

FinancialSupport

RiskManagement

11

1,610,000 Clients / 550,000 Visa Cards / 200,000 Client Relationships

People’s Credit

People’s Post

Branches 200 Branches including

9 Pavilions in Georgia,

5 Branches of People’s Credit

ATMs

POS

SMS Service

card processing centerProcessing Center

People’s Insurance

Brokerage Company

Real Estate

Development Company

OSMP

RETAIL CUSTOMER COMMUNICATION AND SERVICE DELIVERY12

RETAIL BANKING - MAJOR DIRECTION

Auto loan

10 000

20 000

30 000

40 000

50 000

60 000

70 000

80 000Deposits Loans

37 642

31 593

45 115

33 155

45 644

34 682

45 753

36 336

51 502

41272

54 479

46 119

65 218

48 654

67 089

51 262

Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07

50

100

150

200

250

300

350

400

450

500Amount in tsd GEL Number of borrowers

271

31

302

33

359

38

357

45

450

62

445

58

360

47

349

48


Amounts in tsd GEL

Installment

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

990

2 852

1 118

3 356

1 213

3 709

1 217

3 603

1 273

3 558

1 469

3 559

1 529

3 572

1 675

3 626

Number of borrowers


Amount in tsd GEL

Retail loan portfolio and deposit growth

13

Consumer Loan

5 000

10 000

15 000

20 000

25 000

18 442

8 653

18 963

9 205

18 666

9 389

19 071

9 775

19 725

10 280

20 354

10 585

20 185

10 852

21 153

11 393

Amount in tsd GEL Number of borrowers


Overdraft

1 000

2 000

3 000

4 000

5 000

6 000

7 000

8 000

3 1952 971

4 223

3 736

4 307 4 226

5 275

7 145



870 804 873 8671 134 983

1 2431 460

RETAIL BANKING - MAJOR DIRECTION14

Pension Loan

20 000

40 000

60 000

80 000

100 000

120 000

6 443

72 896

Jan-07

7 308

78 315

Feb-07

8 598

95 202

Mar-07

8 847

100 406

Apr-07

8 920

99 360

May-07

9 001

99 943

Jun-07

8 844

99 501

Jul-07

8 417

Aug-07

92 915


Payroll

2 000

4 000

6 000

8 000

10 000

12 000

14 000

16 000

18 000

20 000Amount in tsd GEL Number of borrowers

4 577

7 997

Jan-07

4 658

8 185

Feb-07

4 972

9 152

Mar-07

5 977

10 150

Apr-07

9 771

12 341

May-07

13 866

15 247

Jun-07

16 49317 166

Jul-07

18 207

Aug-07

18 408

RETAIL BANKING - MAJOR DIRECTION15

Current accounts & demand deposits Term deposits

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

26,945,088

34,035,06633,356,935

32,974,972 32,739,571

29,760,436

32,649,86433,062,964


37,007,831

Sep-07

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

10,696,82511,079,882

12,287,152 12,778,263

18,762,783

24,718,115

32,567,906

34,025,644 34,680,979

Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07

Retail deposits

DIVERSIFICATION OF DEPOSITS

37,008

34,681 Current accounts & demand deposits

Term deposits

Amounts in GEL

Amounts in tsd GEL

Amounts in GEL

RETAIL BANKING - PRIORITIZED DIRECTION

48%52%

16

Relationship with the corporate clients is one of the main strategic directions of the Bank. From January 2007 till August the number of corporate clients has signifi cantly increased, which subsequently increased account balances of the corporate clients.

The main portion of corporate loans disbursed by People’s Bank is covered by thecentral branch and the rest by other branches. As a total, according to the end of August data, the loans issued to the legal entities increased by 155%, compared tothe previous year, which is refl ected in the chart below.

CORPORATE LOANS GUARANTEES

5 000 000

10 000 000

15 000 000

20 000 000

25 000 000

30 000 000

35 000 000

20 345 41419 553 388

20 037 518

17 795 483

27 199 54228 495 639

29 806 320

32 340 599


From January 2007 including August the JSC People’s Bank has issued the various tyoes of guarantees to over 80 clients. Up to date the number of active guarantees exceeds 90, and the guar-antee portfolio equals to over GEL 10 000 000.

Total guaranteed amounts

1 000 000

2 000 000

3 000 000

4 000 000

5 000 000

6 000 000

7 000 000

120,000 56,670 58,650 96,500

848,187

26,869

2,750,395

6,501,261


Amounts in GEL

CORPORATE BANKING

Corporate Loan Portfolio Dynamics

17

Credit transactions of corporate customers

Top Ten Corporate Customers:

10 000 000

20 000 000

30 000 000

40 000 000

50 000 000

23,939,602

20,595,494

26,216,14824,676,370

36,573,593

27,145,524

30,212,587

38,586,272


KazTransGaz

Telasi

Magti

Georgian Railway

Energo-Pro Georgia

PSP Group

Wissol

GEOCELL

National Agency of Public Registry

National Agency of Citizen Registry

From January 2007 till August the credit transactions performed by the Corporate Clients has exceeded GEL 227 000 000.

CORPORATE BANKING

Amounts in GEL

18

Credit transactions of municipalities

10 000 000

20 000 000

30 000 000

40 000 000

19,168,904 19,220,513

24,787,881 26,785,185 24,290,616

34,333,397

27,927,549

32,850,582


JSC “People’s Bank” provides services for the local municipalities in different regions of Georgia. By August 2007, the number of the local municipalities, which cooperate with us reached 57 (Regions include: Abasha, Adigeni, Ambrolauri, Aspindza, Akhaltsikhe, Akhalgori, Akhal-kalaki, Akhmeta, Bagdati, Bolnisi, Tsageri, Chokhatauri, Chkhorotsku, Dedoplistskaro, Dmanisi, Dusheti, Poti, Gardabani, Gurjaani, Kaspi, Lagodekhi, Lanchkhuti, Lentekhi, Marneuli, Martvili, Mtskheta, Mestia, Ninotsminda, Oni, Kareli, Keda, Kurta, Kutaisi, Rustavi, Sachkhere, Sagarejo, Senaki, Sighnaghi, Shuakhevi, Telavi, Terjola, Tetri Tskaro, Tianeti, Tighva, Tkibuli, Vani, Tsalenjikha, Tsalka, Kharagauli, Khashuri, Khobi, Khoni, Khulo, Kazbegi, Kvareli, Zestaponi, Zugdidi), and their common credit transactions have exceeded GEL 209 000 000.

As a whole, from January 2007 till AAugust thehe credit transactions has exceeded GEL 436 000 000.

Amounts in GEL

CORPORATE BANKING19

Number of corporate customers participate in Payroll Programs provided by Peoples Bank, which simplifi es the payroll procedures for the em-ployees of the bank’s corporate customers. Apart from this the owners of the payroll plastic cards can use the overdraft facilities and have anaccess to the consumer loans. By August 2007 the payroll cards of our bank is being used by over 93 000 people throughout Georgia.

Income by Projects in 2007

PAYROLL PROJECTS

Tbilisi 33,521Kvemo Kartli 10,135Imereti 9,272Adjara 7,518Shida Kartli 7,517Samegrelo-ZemoSvaneti 6,642Kakheti 5,626Mtskheta-Mtianeti 5,182Samtskhe Javakheti 4,233Racha-Lechkhumi/KvemoSvaneti 2,171Guria 2,021

Amounts in GEL

Dynamics of plastic cards utilization in 2007

20 000

40 000

60 000

80 000

100 000

52,48759,206

63,18968,877

73,799

79,537

90,917 93,838


CORPORATE BANKING20

LEADER IN MONEY TRANSFERS

People’s Bank is the leading Bank in Georgian Market in fast money transfers – without account open-ing which is the most fl exible, fast and easy way. In 2007 fast money transfer system increased up to 18 added by “Caspian Money Trans-fer” and “Intelexpress” systems.

• Unistream

• Bistraia Pochta

• Anelik

• Money Gram

• Migom

• Contact

•• VTMVTM

• Privat Money

• Inter Xpress

• Intel Xpress

• Blizko B

• TMT T

• TTelegiros

• Xpress Money

• KavKavkazus

• Caspian Mon TransferMoney Transfer

Local Money Transfer SystemTurnover by Received Amounts

Express Money Transfer Systems Turnover by Received Amounts

Express Money Transfer Systems Commissions:

Express Money Transfers Systems

2006 2007

35.01

16.75

2006 2007

231.9

147.4

2006 2007

2.17

1.47

Amounts in mln USD

Amounts in mln USDAmounts in mln USD

21

LEADER IN PLASTIC CARD BUSINESS

Only People’s Bank provides Card Service throughout Georgia

Principal Member of International Payment System – VISA InternationalVisa IssuerVisa AcquirerOwn in-house processing center60 transaction per second

150 ATM-s

350 POS Terminals850,000 cards issued550,000 VISA cards

Plastic Card Market Share

Cards Issued

Card Turnover

Cards withdrawal via Channel

Other Banks50%

Peoples Bank 50%

Bank71,1%

Point of Sale 1,12% ATM

27,78%

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

900 000

2006

600 000

850 000

August 2007

50

100

150

200

250

300

350

2006

173

300

August 2007mln. GEL

22

SOCIAL PROJECTS

Distribution of pensions and allowances to the retirees, refugees and internally displaced persons Services the following social programs:● The Program on Overcoming the Unemployment● The Program for providing help to the mothers with many children● The Program to help socially unprotected groups

The biggest Tender ever announced in the banking system of Georgia won by the People’s Bank in 2006:Distribution of pensions and social allowances● Total Amount of 2,2 billion GEL● Duration 3 Years

Social programs Turnover

Incomes from Social programs

Turnover by Projects in 2007

Income Share by Projects in 2007

Pensions 379 182 866Social Support (Living) 48 612 124Refugee support 24 924 148Social Support (Family) 9 900 978Municipal 9 529 214One-time refugee support 683 900 President’s employment program 69 150

Pensions 6 066 925Social Support (Living) 777 793Refugee support 473 558Social Support (Family) 158 415Municipal 152 834One-time refugee support 11 737 President’s employment program 691

420 000 000

440 000 000

460 000 000

480 000 000

500 000 000

520 000 000

540 000 000

560 000 000

580 000 000

481 165 517

570 705 884

2006 Aug - 2007

9 000 000

9 200 000

9 400 000

9 600 000

9 800 000

10 000 000

10 200 000

10 400 000

10 600 000

10 800 000

2006

9 670 338

10 678 509

Aug - 2007

Amounts in GEL

Amounts in GEL

Amounts in GEL

Amounts in GEL

23

IT INFRASTRUCTURE

Bank in security policies supports Information Security Management Standard ISO 17999.Bank has two load balancing server rooms. All operations done centralized based. Bank uses servers from IBM and HP.Virtual Private Network (VPN) includes more then 180 points of services with 3500 users working. All accesses to VPN done from the one central point – Head Offi ce. Network is based on Cisco Systems equipment and uses Triple Data Encryption Standard for encryption. Physically network uses Fiber Optic connections, WiMax and GPRS. Bank has own processing center, connected to VISA. Communication standards comply VISA defi ned standards.Purchase of a new banking software Profi t from the Greek company INTRACOM

IT Expenses

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

2 000 000

650 000

500 000

810 000

Hardware Software

2005 2006

ATMs

820 000

1 200 000

1 835 000

Hardware Software ATMs

As of August 2007

594 933

881 810

1 906 128

Hardware Software ATMs

Amounts in GEL

24

FIXED ASSETS OVERVIEW

To be completed by the end of 2007TTTTTo bbbbbe complllllettttteddddd

On the 17th of January 2007 CB Richard Ellis has inspected the People’s bank central offi ce building and has made all appropriate enquiries in order to advise to Bank as to its opinion of the market values as at the date of valuation and as defi ned in the basis of valuation herewith:

Value assuming a complete renovation and transformation into a First Classoffi ce building

At the end of 2006 year the building was owned by Real Estate Develop-ment (RED) which is People’s Bank Daughter Company. In February 2007, the building became under People’s Bank ownership and was accounted p pin its balance with value of 24 mlln. GEL.

US$ 31,000,000

People’s bank owns:

5 Buildings in Tbilisi

69 Buildings in Regions

9 Pavilions

38 Armoured Vehicles

40 Passenger cars

Net Fixed Assets Types of Net Fixed Assets - August 2007

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000

45 000

50 000

46 528

Aug-2007

17 609

2006

11 116

2005

7 202

2004

Buildings 30 573Intangible Assets 2 586Computer equipment 2 539Leasehold improvements 2 422Vehicles 902Construction in progress 715Furniture and fi xtures 294Land 25

Amounts in tsd GEL

date “People’s Bank” has Up to dplaced 9 pavilions9 throughout the

of them offer the same ser-city. All od banking products as thoducts as thevices an

ches and servicservice centers do.branchesAmounts in tsd GEL

25

DAUGTHER COMPANIES

People’s Post was founded in October 2005 but it started active operations on Georgian postal market from October 2006. Nowadays, 187 branches of “People’s Post” are spread throughout the whole country. Company’s staff has its own auto park, which is equipped with 28 trucks and vehicles of special use. “People’s Post” participates in a communications network of “People’s Bank” and with its help provides quick and trustworthy postal service. Together with the 1.5 million clients of “People’s Bank”,

Already signed Agreement on conducting Money Transfer System Western Union.“People’s Post” offers to the customer’s wide range of postal and postal-fi nancial services across the country.Services offered:Postal Services:

• Letters and postcards• Parcels• Courier services• Commercial correspondence service, providded with pre-paid re

sponse;• Provision of mail boxes;• Establishment of an enclosed post-offi ce;• Delivery of utility and other bills;• Delivery of goods purchased online;• Facsimile service.

Financial Services:• Pension delivery, pecuniary aid to disadvanttaged d citizens and other

social allowances payment;• Money transfers;• Payments of utility and other bills;• Delivery of banking services “at their doors””;• Delivery of insurance policies or other servicces “a“at their doors”.

Sales Dynamics

People’s Post

1st Qtr

2nd Qtr

3rd Qtr

20 000 30 000 40 000 50 000 60 000 70 00010 000

26

People’s Insurance is fully licensed, international and Europe-an standards oriented Georgian Insurance company.2005, “People’s Bank” of Georgia bought 100% of stocks and became single shareholder.Company’s Capital amounts over GEL 2.040.000 – twice up than legislation standards require.Company is mostly oriented On Health Care Insurance. Com-pany’s Heath Care Policy holders are 4,000 People’s bank staff members and 10,000 individual persons. PIC’s strategy is focused on sustainable and profi table growth, on the effi cient use of capital and on close and mutually re-warding relationship with clients. We make business to look after every need of our clients. The Products business function actively promotess innovation and the development of new, superior products which meet the increasingly demanding requirements of clientts. Company seeks new target groups and is oriented on prommotion of in-surance culture.Key mandates of this business function include mmanaging th the insurance cycle to consistently optimize long-term profi t lelevels, and implementing client-focused claims manageementnt stan-dards in all markets and lines of business.

● Property Insurance● Cargo Insurance● Motor Insurance● Travel Insurance● Accident Insurance● Third Party Liability Insurance● Health Insurance●● Motor Accident InsuranceMotor Accident In● anceCredit Life Insura

Products for Individual and Corporate Clients

PIC Financial Information 2007 (2-nd quarter)

Gross Premium (GEL) 1.073.563

ROE 12.95%

ROA 9.45%

Loss Ratio 19.81%

Gross Profi t Margin 30.67%

PARTNERSHIP

People’s Insurance

DAUGTHER COMPANIES27

LTD Real Estate Development was founded by JSC People’sBank in 2005.The bank is single shaereholder and holds 100% of shares.Common Stock of the company totals GEL 89 250.The main directions:

● Real estate management

● Building – reconstruction

● Project creation

● Renting of commercial spaces ( 500 bus stops)

Public Investment Management Company (PIMC) is a daughter brokeragecompany of People’s Bank founded on July 31, 2006.It started its active operations last October after it had obtained general li-cense from the national commission of securities and become the member of national securities exchange. In the short period of time PIMC gained a popular image in the fi nancial mar-ket of the country. The company carries out its legal activities on the whole territory of Georgiathrough People’s Bank branches.PIMC offers the customers a wide choice of services in four main directions:

● Consulting service

● Brokerage service g

● Assets management

● Investment bankinbanking

PIMC considers the cooperation with leading companies of the country veryonsiders the cooperation with leading compacritical. In this case the company is not only guided by commercial interestscal. In this case the company is not only guided but also takes state interest into account. The projects to be implemented ined inbut also takes state interest into account. The projec

ects will consideonsiderably im-the nearest future prove the above. The future projey and attract foreign reign investments.prove the fi nancial market of the country and attract

Capital

Profit

Income

Assets

1 400 0001 200 0001 000 000800 000600 000400 000200 000

1 294 029

1 076 492

135 379

89 250

Financial information 2007

Real Estate Development (RED) Public Investment Management Company (PIMC)

DAUGTHER COMPANIES28

THE BANK’S STANDALONE

Total Assets

Total Liabilities

Gross Loans

Client’s Deposits

50 000

100 000

150 000

200 000

250 000

35 253

58 475

79 365

111 743

214 832

2003 2004 2005 2006 Aug. 2007

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

2 000 000

26 445

51 010

68 876

94 885

181 751

2003 2004 2005 2006 Aug. 2007

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

900 000

10 086

19 115

28 851

49 417

83 602

2003 2004 2005 2006 Aug. 2007

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000

25 047

38 829

50 651

86 513

169 724

2003 2004 2005 2006 Aug. 2007

Amounts in tsd GEL

Amounts in tsd GEL

Amounts in tsd GEL

Amounts in tsd GEL

29

Interest Income Non Interest Income

Total Income

1000

2000

3000

4000

5000

6000

7000

8000

90008,499

Aug 2007

3,180

Aug 2006

2000

4000

6000

8000

10000

12000

14000

16000

18000

2000017,578

Aug 2007

12,895

Aug 2006

2000

4000

6000

8000

10000

1200026,077

Aug 2007

16,075

Aug 2006

Amounts in tsd GELAmounts in tsd GEL

Amounts in tsd GEL

THE BANK’S STANDALONE30

INTERNATIONAL RELATIONS

● Pilot Project with “Support of Retail Banking Project, Cadastre Project of KFW and People’s Bank” – fi nanced by People’s Bank (credit facilities to farmers in Adjara re-gion)

● Partner Bank of SBFIC (Savings Banks Foundation for international Cooperation) – Technical Assistance fi nanced by KFW and GTZ

● Member of Banking Associating for Central and Eastern Europe BACEE ● Principal Member of international payment system – VISA International● Swiss Agency for Development and Cooperation – Poverty reduction project for vul-

nerable families● S.W.I.F.T. – Society for Worldwide Interbank Financial Telecommunication● TGBR – The Global Banking Resourceanking Resource● Partnership with Ameerican Express – (500 thsd. USD Credit Line for Travelers . USD Credit Line

Cheques)● America’s Chamber of Commerce● Deutsche Bank AG● Dresdner Bank AG● DZ Bank AG● Wincor - Nixdorf – Straategic Partner for providing Banking Equipmentmentsgic Partner for providing Banking ● CHF- Co-fi nancing of aagrro sector across Georgia● IFC- Corporate governnannce project● Conducting Credit Asssessment of People’s Bank by FITCHsment of People’s Bank by FITCH

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FUTURE CO-OPERATION

“People’s Bank of Georgia” with its 200 branches (include 9 Pavilions) represent the widest network in Georgian banking system. By its placement bank’s 36 branches are distributed in regions wherethey are the only representatives of a banking system, which is the half of the whole Georgian ter-ritory. Majority of population every day uses the services of “People’s Bank” and this fact gives theconsideration that bank can strengthen trust between banks and customers. Beginning from its foundation, main goal of “People’s Bank” is to suggest unique, trustworthy, highquality and modern banking products to the all levels of population throughout the whole country. Short – Term Goals:

● Candidate for the second round of CGF (Credit Guarantee Fund) Project - fi nanced by KFW(SME Support in Georgia)

● Candidate for the second round Agriculture Development Project of the World Bank● Planning to be a Principal Member of international payment system – MasterCard

Long – Term Goals:● To build a sound regional fi nancial institution represented in Caucasus Regionented in Caucasus Reg

This presentation contains statemments that constitute “forward-looking statemenments”, including, but not nts that constitute “forward-lookinlimited to, statements relating to the implementation of strategic initiatives and othend other statements relat- implementation of strategic iniing to our business development annd fi nancial performance.While these forward looking statements re resent our ud ment sand future expectations concern-ns concern-ments represent our judgment saing the development of our business, a number of risks, uncertainties and other factors could causeauss, a number of risks, uncertainties and other factors could causeactual developments and results to differ materially from our expectations.ffer materially from our expectations.

Caution Regarding Forward-Looking Statements

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Presentacia Final

Career

Transcript of Presentacia Final