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Lion Finance Group reports a 31.9% profit jump to GEL1.81 billion in 2024, post-Ameriabank acquisition.
Lion Finance Group, formerly Bank of Georgia Group, saw a 31.9% rise in profits to GEL1.81 billion in 2024, after acquiring Armenia's largest bank, Ameriabank.
The company's loan book surged 65.9% to GEL33.56 billion.
The board approved a final dividend of GEL5.62 per share, bringing the total to GEL9.00, and a GEL107.7 million share buyback plan.
The company is optimistic about growth in 2025, expecting a 5% increase, following 2024's 9.5% growth.
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Lion Finance Group reporta un salto del 31,9% a GEL1.81 billones en 2024, adquisición post-Ameriabank.