David Otsbi

Bank Pershiy PJSC provides commercial banking services. The private company is based in Kiev, Ukraine. Bank Pershiy PJSC was acquired by Bank Pershiy Pjsc /Private Group/ from BGEO Group Ltd. on February 27, 2014.

Georgia Real Estate JSC engages in real estate development and property management. The company was founded in 2006 and is headquartered in Tbilisi, Georgia.

Georgia Global Utilities JSC operates as a holding company. The firm supplies potable water and provides wastewater collection and processing services. The company is headquartered in Tbilisi, Georgia.

Part of Ernst & Young Global Ltd., Ernst & Young Audit LLC is a company based in Tbilisi, Georgia.

Libery Consumer JSC /Management/ (Libery Consumer JSC) is a private equity firm under Bank of Georgia JSC headquartered in Tblisi, Georgia. The firm was founded in 2006.

Liberty Bank JSC provides banking services. It offers deposits, loans, money transfer, cards and accounts, payroll programs, and operational services. The company was founded in 1994 and is headquartered in Tbilisi, Georgia.

Belarusky Narodny Bank operates as a commercial bank. It offers corporate banking services for cash and settlement services, lending, deposit operations with bank cards, and documentary credit. It also provides services for individuals in current accounts, money transfers, deposits, loans and plastic cards. The company was founded on April 16, 1992 and is headquartered in Minsk, Belarus.

Silk Road Bank is a national commercial bank, which engages in the provision of financial services. It offers daily services, deposits, loans, debit cards, and credit cards. The company is headquartered in Tbilisi, Georgia.

European Bank for Reconstruction & Development provides project financing for the financial sector from central Europe to central Asia and the southern and eastern Mediterranean. It provides project financing for banks, industries and businesses, both new ventures and investments in existing companies. The company also provides loan and equity finance, guarantees, leasing facilities and trade finance. European Bank for Reconstruction & Development was founded in 1991 and is headquartered in London, the United Kingdom.

BGEO Group Ltd. operates as a bank holding company. It operates through the following segments: Retail Banking; Corporate Investment Banking; Property and Casual Insurance; Affordable Housing; JSC Belarusky Narodny Bank; Georgia Global Utilities; and Other. The Retail Banking segment offers consumer loans, mortgage loans, overdrafts, credit card facilities and other credit facilities, funds transfer, and settlement services; and handles customers' deposits for both individuals and legal entities. The Corporate Investment Banking segment provides loans and other credit facilities to large legal entities. The P&C Insurance segment is engages in property and casualty insurance services to corporate clients and insured individuals. The Affordable Housing segment develops and sells residential apartments; and holds investment properties repossessed by the bank from defaulted borrowers, and manages those properties. The BNB segment involves in the retail and corporate banking services in Belarus. The GGU segment comprises the utility and energy subsidiaries such as water, and electricity. The Other segment includes JSC Galt & Taggart Holding Georgia, a shell company principally holding investments in subsidiaries of the bank on behalf of the bank. The company was founded on October 21, 1994 and is headquartered in London, the United Kingdom.

Georgian Global Utilities Ltd. owns and operates hydropower generation facilities. The company is headquartered in Tbilisi, Georgia.