BGEO's Bank of Georgia wins foreign exchange accolade

BGEO Group announced on Tuesday that its banking business subsidiary, JSC Bank of Georgia, has been recognised as the ‘best foreign exchange provider in Georgia’ for 2018 by Global Finance, for the second consecutive year.

The FTSE 250 company said the editorial review board of the Global Finance magazine selected the winners based on inputs from industry analysts, corporate executives and technology experts.

It said the criteria for selection included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.

“We are pleased to be distinguished once more as the leading foreign exchange provider in Georgia,” said Bank of Georgia CEO Kaha Kiknavelidze.

“The bank's treasury operations are driven and managed in accordance with constantly evolving economic and technological trends on global foreign exchange markets, which enables us to understand the foreign currency needs of our clients and provide them with world class foreign exchange solutions.”