Business
1st Quarter Results
1st Quarter Results.
About this update from Lion Finance Group Plc
[{"type":"text","content":"\n\n\n\nContents\n1Q25 results \nEarnings call on 15 May 2025, 14:00 BST \nSegmentation guide \nCEO statement \nMacroeconomic developments: Georgia \nMacroeconomic developments: Armenia \nDelivering on our strategic priorities \n1Q25 unaudited consolidated results \nBusiness Division results \nGeorgian Financial Services (GFS) \nArmenian Financial Services (AFS) \nAmeriabank: unaudited standalone financial information (not included in the consolidated results) \nOther Businesses \nUnaudited consolidated financial information \nAdditional information \nGlossary \nLion Finance Group PLC profile \nFurther information \nForward-looking statements \n \n1Q25 results\nLion Finance Group PLC announces the Group's consolidated financial results for the first quarter of 2025. Unless otherwise indicated, all figures in this announcement relate to 1Q25, with year-on-year comparisons to 1Q24 and quarter-on-quarter comparisons to 4Q24, adjusted for one-off items.\nThe results are based on UK adopted international accounting standards, are unaudited and derived from management accounts.\nEarnings call on 15 May 2025, 14:00 BST\nhttps://bankofgeorgia.zoom.us/j/94089360555\n \nWebinar ID: 940 8936 0555\nPasscode: 230839\nSegmentation guide\nFollowing the acquisition of Ameriabank at the end of March 2024, the Group's results are presented by the following Business Divisions: 1) Georgian Financial Services (GFS), 2) Armenian Financial Services (AFS), and 3) Other Businesses.\n· GFS mainly comprises JSC Bank of Georgia and the investment bank JSC Galt and Taggart\n· AFS includes Ameriabank CJSC\n\n\n \n· Other Businesses includes JSC Belarusky Narodny Bank (BNB), which serves retail and SME clients in Belarus; JSC Digital Area, a digital ecosystem in Georgia including e-commerce, ticketing, and inventory management SaaS; Lion Finance Group PLC, the holding company; and other small entities and intragroup eliminations. \nLion Finance Group PLC delivers 1Q25 consolidated profit before one-off items[1] of GEL 513.1m, up 39.0% year-on-year\nThe Group posted a return on average equity (ROAE) of 28.7% in 1Q25.\n· The Group's loan book increased by 23.2% y-o-y to GEL 34,137.1m as at 31 March 2025 (up 20.8% y-o-y in c...