# Bank of Georgia

> Source: https://docs.barcoder.ai/docs/wallets/bank-of-georgia
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bank of Georgia — official](https://bankofgeorgia.ge/)

## Overview

**Bank of Georgia** is **Georgia's leading bank by digital innovation** + **2025 World's Best Digital Bank by Global Finance for 2nd consecutive year** <sup>[1][1], [2][2], [Georgia report](https://docs.barcoder.ai/docs/payments/GE)</sup>. **2025 baseline**:
- **Monthly active retail digital users**: **1.7 million**
- **Cost reduction via digital**: **>30%**
- **Online service access**: **>90%**

**Distinctive Bank of Georgia super-app strategy** <sup>[3][3]</sup>:
- **Super-app in Central + Eastern Europe** with **digital lending 80% uptake**
- **In-app stock trading**
- **Lifestyle services**: digital gift cards + public-transport management
- **Bank of Georgia recognized for redefining digital experience** in Georgia

**Lion Finance Group PLC parent**: **LSE: BGEO** — Bank of Georgia's UK-listed holding entity.

## History

**1903 — Bank of Georgia founded** as Georgia's banking institution.

**2006 — Bank of Georgia LSE IPO** under Bank of Georgia Group PLC.

**2010s-2024 — Mass Georgian adoption + super-app expansion** <sup>[1][1]</sup>: Multi-million-user growth + digital + lifestyle integration.

**2024 — World's Best Digital Bank 2024 by Global Finance** (first time).

**2025 — Bank of Georgia World's Best Digital Bank 2025 (2nd consecutive year) by Global Finance + 1.7M monthly active retail digital users + cost cuts >30% via digital + 90%+ online service access** <sup>[2][2]</sup>.

## Ownership & operator

**Operating entity**: **Bank of Georgia** (Lion Finance Group PLC; LSE: BGEO).

**Major shareholders**: **Various institutional + public LSE float**.

**Regulators**: **NBG (National Bank of Georgia)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Bank of Georgia mobile app (iOS + Android; super-app) + Bank of Georgia cards + Bank of Georgia branch network |
| **Identifiers** | Phone + email + card number + Georgian ID |
| **License** | Bank (Bank of Georgia full Georgian banking license) |
| **Sub-products** | Bank of Georgia Account + Bank of Georgia Cards + Bank of Georgia Credit (80% digital lending uptake) + Bank of Georgia Investments (in-app stock trading) + Bank of Georgia Insurance + Bank of Georgia for Business + Bank of Georgia super-app lifestyle services (digital gift cards + public-transport management) |
| **Distinctive Central + Eastern European super-app strategy** |

## Users & growth

**2025 baseline** <sup>[2][2], [3][3]</sup>:
- **Monthly active retail digital users**: 1.7 million
- **Cost reduction via digital**: >30%
- **Online service access**: >90%
- **Digital lending uptake**: 80%
- **2025 award**: World's Best Digital Bank 2025 by Global Finance (2nd consecutive year)
- **2025 award**: Euromoney Private Banking Awards 2025 — Georgia's best for digital solutions

## Use cases

Georgian retail + corporate banking via Bank of Georgia super-app; digital lending (80% uptake); in-app stock trading; lifestyle services (digital gift cards + public-transport management); cost-efficient banking (>30% cost reduction via digital + 90%+ online service access).

## Implementations & partners

**Operator**: **Bank of Georgia** (Lion Finance Group PLC; LSE: BGEO).

**Major Georgian banking competitors**:
- **[TBC Bank (Georgia + Uzbekistan)](https://docs.barcoder.ai/docs/wallets/tbc-bank)** (TBC Bank Group PLC; LSE: TBCG; Central Asia's leading digital banking ecosystem with TBC Uzbekistan 21M unique registered users + TBC Georgia 81% consumer loans fully digital; 2025 Euromoney Georgia's Best Digital Bank)
- **VTB Bank Georgia + ProCredit Bank Georgia + Liberty Bank**

**Regulators**: **NBG (National Bank of Georgia)**.

## Fun facts

- **2025 World's Best Digital Bank for 2nd consecutive year by Global Finance** — Bank of Georgia.
- **1903 founding** — Georgia's century-old banking institution.
- **2006 LSE IPO** — distinctive Georgian-banking LSE-listed pioneer.
- **2025**: 1.7M monthly active retail digital users + cost cuts >30% via digital + 90%+ online service access.
- **80% digital lending uptake** — super-app strategy.
- **Super-app lifestyle services**: digital gift cards + public-transport management — distinctive Bank of Georgia consumer-ecosystem expansion.
- **In-app stock trading** — distinctive Central + Eastern European super-app innovation.
- **2025 Euromoney Private Banking Awards — Georgia's best for digital solutions**.
- **Lion Finance Group PLC LSE: BGEO** parent.

## Comparison

| Feature | Bank of Georgia | [TBC Bank (Georgia + Uzbekistan)](https://docs.barcoder.ai/docs/wallets/tbc-bank) (GE rival; Central Asia's leading digital banking ecosystem) | [Kaspi.kz](https://docs.barcoder.ai/docs/wallets/kaspi-kz) (KZ analogous super-app + bank) | National Bank of Uzbekistan (UZ analogous national bank) | BBVA (global analogous digital-banking innovator) |
|---|---|---|---|---|---|
| Operator | **Bank of Georgia (Lion Finance Group PLC; LSE: BGEO)** | TBC Bank Group PLC (LSE: TBCG; EBRD + IFC + Schroders + institutional + LSE float) | Joint Stock Company Kaspi.kz (NASDAQ: KSPI; Mikhail Lomtadze founder + CEO) | National Bank of Uzbekistan (Uzbekistan state) | BBVA Group (Madrid Spain mega-bank) |
| Type | **Georgia's leading bank by digital innovation + super-app strategy (digital lending 80% uptake + in-app stock trading + lifestyle services)** | Central Asia's leading digital banking ecosystem (Georgia + Uzbekistan); 21M TBC Uzbekistan users; 81% Georgia consumer loans fully digital | KZ super-app + bank (Payments + Marketplace + Fintech + Travel + Telco MVNO + Gold) | UZ's largest state bank | Global mega-bank with digital banking innovation |
| Country | Georgia | GE + UZ (TBC Uzbekistan + Space + OLX Uzbekistan majority) | KZ + TR + UA | Uzbekistan | Spain + global |
| Users | **1.7M monthly active retail digital users; cost cuts >30% via digital; 90%+ online service access** | TBC Uzbekistan 21M unique registered + TBC Georgia 81% consumer loans fully digital + 2Q 2025 net profit GEL 346M (USD 126M) | 14M + ~70% KZ pop; 75 monthly tx/active user | Major UZ state-bank | Major global |
| Distinctive | **2025 World's Best Digital Bank 2nd consecutive year by Global Finance; 1903 founding; 2006 LSE IPO; super-app strategy with digital lending 80% uptake + in-app stock trading + lifestyle services (digital gift cards + public-transport management); 2025 Euromoney Private Banking Georgia's best for digital solutions** | 2014 LSE IPO; 2019 Space UZ digital-bank platform; 2025 OLX Uzbekistan majority acquisition; 2025 Euromoney Georgia's Best Digital Bank | NASDAQ: KSPI; ~$18B EV; ~45% NI margin + >80% RoE | UZ's largest state bank | Global digital banking + Mexico Bineo digital bank context |

## Status

**Active, Georgia's leading bank by digital innovation + 2025 World's Best Digital Bank by Global Finance for 2nd consecutive year** <sup>[1][1], [2][2]</sup>:
- **Bank of Georgia (Lion Finance Group PLC; LSE: BGEO)** since 1903 (LSE IPO 2006).
- **2025**: 1.7M monthly active retail digital users + cost cuts >30% via digital + 90%+ online service access + 80% digital lending uptake.
- **Super-app strategy**: in-app stock trading + lifestyle services (digital gift cards + public-transport management).
- **2025 Euromoney Private Banking Awards — Georgia's best for digital solutions**.
- **NBG regulated**.

## Sources

[1]: https://lionfinancegroup.uk/bank-of-georgia-named-worlds-best-digital-bank-2025-by-global-finance/ "Bank of Georgia World's Best Digital Bank 2025 by Global Finance — Lion Finance Group"
[2]: https://www.investing.com/news/company-news/bank-of-georgia-wins-worlds-best-digital-bank-award-for-second-year-93CH-4278711 "Bank of Georgia wins World's Best Digital Bank award for 2nd year — Investing.com"
[3]: https://techcrunch.com/sponsor/bank-of-georgia/georgia-on-the-radar-how-the-countrys-leading-bank-is-redefining-the-digital-experience/ "Georgia on the radar Bank of Georgia redefining digital experience — TechCrunch"
[4]: https://www.euromoney.com/article/1it8ntb1njggw80gcwcwkw8gg/awards/private-banking-awards/euromoney-private-banking-awards-2025-georgias-best-for-digital-solutions-bank-of-georgia/ "Euromoney Private Banking Awards 2025 Georgia's best for digital solutions Bank of Georgia"
[ge-cro]: https://docs.barcoder.ai/docs/payments/GE

- [1] [Bank of Georgia World's Best Digital Bank 2025 — Lion Finance Group][1]
- [2] [Bank of Georgia World's Best Digital Bank 2nd year — Investing.com][2]
- [3] [Bank of Georgia redefining digital experience — TechCrunch][3]
- [4] [Euromoney Private Banking Awards Georgia's best for digital solutions][4]
- <sup>[Georgia report](https://docs.barcoder.ai/docs/payments/GE)</sup> In-corpus: `reports/countries/GE-georgia.md`

## Source

Biography extracted from [bank-of-georgia.md](https://docs.barcoder.ai/source/wallets/bank-of-georgia). See `matrix.md` for standards-support matrix if present.