Lion Finance Group PLC (BDGSF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, thank you for joining Lion Finance Group PLC's results call. Today, we're presenting our results for the first quarter and the full year of 2025. My name is Ninia Arshakouni, I'm head of IR and I'll be moderating today's call. I'm joined as always by the Group CEO, Archil Gaciciladze. We also have on the line, the CFO of Ameriabank, our banking subsidiary in Armenia, Holanest Oroyan, and our Group Economist, Akeli Kokeli. First, we'll start with the presentations, and in the second session of this call, you'll be able to ask your questions. And with that, I'll hand over to Archil first for opening remarks, and then we'll dive into our performance and the operating environment. Archil, you can go ahead. Thank you, Nini. Hello, everyone. Thank you for joining the call. I will just have opening remarks followed by the macro review by Akonati. So, as you can see, we have delivered a record quarter and a record year, in fact, with our net income growing by 20.9%, just shy of 2.2 billion, delivering 28.4% return on equity. And in the quarter, that was just above 30% return on equity with 35.5%. cost income ratio and cost of risk, which is about half of what we usually expect through the cycle. So for the quarter, it was 0.3, but then for the full year, it was 0.4. Both of the strong franchises have delivered a very good increase in the quality of the franchise, which we measure by the satisfaction of the customers. as well as as well as the pickup of the of the monthly active users on the retail front and and also both of the franchises delivered above average or above expected or above guidance growth in our portfolio especially on the credit side but also on the on the deposit side so we are quite I'm quite happy with the results, and I would like to than...