Go to deals
Financial Services

Bank of Georgia Group PLC has acquired Ameriabank CJSC

Bank of Georgia Group plc (BOGG) has acquired Ameriabank CJSC, a leading universal bank in Armenia, significantly enhancing BOGG’s presence and growth opportunities within a fast-growing and attractive market.

Bank of Georgia Group is a UK-based company, listed on the Premium Segment of the London Stock Exchange and a constituent of the FTSE-250 index, with global and diversified institutional investors. It provides innovative and digital banking and financial solutions to retail, SME and corporate customers through its main operations in JSC Bank of Georgia – a leading universal bank in Georgia with best-in-class digital offerings. BOGG has consistently delivered strong business growth and superior profitability, enabled by its technological and analytics capabilities, customer-centricity, empowered and engaged employees and excellent brand recognition on the local market. It serves approximately 2.4 million clients.

Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. The bank carves out paths for improvement of its clients’ business and lifestyle, via both traditional and alternative, hyper-advanced banking technologies.

Oaklins Cavendish, based in the UK, acted as the sole sponsor to FTSE 250 company, Bank of Georgia plc.

Parties

Talk to the deal team

Marc Milmo

Director
London, United Kingdom
Oaklins Cavendish

Related deals

Bloom Equity Partners Management, LLC has acquired GRC International Group plc
Private Equity | Financial Services | TMT

Bloom Equity Partners Management, LLC has acquired GRC International Group plc

GRC International Group plc, a leading provider of IT governance, risk management and compliance solutions, has delisted from the LSE’s AIM market and partnered with Bloom Equity Partners Management, LLC to further develop its product offering to meet its customers’ most critical cyber security and regulatory challenges.

Learn more
Mercado Abierto Electrónico S.A. has merged with Matba Rofex S.A.
Financial Services

Mercado Abierto Electrónico S.A. has merged with Matba Rofex S.A.

Mercado Abierto Electrónico S.A. (MAE) and Matba Rofex S.A. have merged to create A3 Mercados S.A., the largest financial exchange in Argentina. A3 Mercados unites all corporate and government futures, derivatives and fixed income markets in the country.

Learn more
Rare ARC has raised US$14.5 million in structured debt financing
Financial Services

Rare ARC has raised US$14.5 million in structured debt financing

Rare Asset Reconstruction Limited (Rare ARC) has successfully raised US$14.5 million in structured debt financing.

Learn more