Lion Finance Group PLC (BDGSF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Today we're pleased to report our results for the first quarter of twenty twenty six. My name is Nyar Shakonia. I'm head of IR, and I'll moderate this call today. And we have a few speakers today on the call. I'm joined, as always, by the group CEO, Cielka Cielcewate. Also, we have our group and Bank of Georgia CFO today on the line, Georgi Shagise, who joined the group recently in March 2026. We also have Johannes Oroyan, who is the CFO of Ameriabank, our banking subsidiary in Armenia and Akakili Kokeli, our group economist, who will talk about MADRO. First, we'll kick off with a few opening remarks by Arcio, and then we'll continue with the other parts. Hello, everyone. Thank you for joining the call. We had a very interesting quarter. This time twenty years after we joined the London Stock Exchange in 2006, we went public, in fact, in front of TDRs. And in 2026, we joined PLC one hundred, as many of you may know. And that is special moment for all of us because it it kind of summarizes the the achievement over the last twenty years, but it's only a new beginning for for more to come. So as you remember who we are, we are two thirds Georgia and roughly onethree Armenia. It's not quite there, but Armenia is increasing very rapidly. We're serving about 2,700,000 retail customers and delivering close to a 30% return on equity over the last five years on average. And we have very strong market share in Georgia of 38 and number one position in Armenia with growing market share. Could you go to the next slide? Yes. And in terms of the quarter, we had a very solid quarter. We had 14% year on year increase in our return on equity in our profitability and 27.4% return on equity, slightly down with more capital effect. Our risk remained at very low level with 2.1% NPL ratio ...