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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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JSC Bank of Georgia (BGEO)

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Wednesday 25 August, 2010

JSC Bank of Georgia

Bank of Georgia sets up Representative Office i...

Bank of Georgia sets up Representative Office in London

Bank of Georgia

Bank of Georgia sets up Representative Office in London

JSC Bank of Georgia (LSE: BGEO) (the “Bank”), Georgia’s leading universal bank announced today that it has set up a UK subsidiary company, Bank of Georgia Representative Office UK Limited (“Rep Office”) in London. The primary objectives of the Rep Office will be the provision of information relating to deposit products offered by the Wealth Management Business Unit (“WM”) of the Bank, and the facilitation of communication with the existing investors of Bank of Georgia. The office will become operational from September 2010. Macca Ekizashvili, currently Head of Investor Relations (IR) of Bank of Georgia will become the head of the Rep Office, based in London. In her new capacity, Macca will start to report to Vasil Revishvili, Global Head of Wealth Management and will continue to report to the CEO on IR matters.

The opening of the Representative Office in London is in line with the Bank’s strategy of expanding the offering of wealth management deposit products internationally by establishing presence in developed markets. The Bank’s wealth management business, with over 1,400 clients, grew markedly over the past 18 months, as the number of international clients increased to 460 as of June 2010 and client funds attracted by WM reached GEL 235.7 million, an increase from GEL 114.9 million from the same period last year.

“It’s a pleasure to announce the opening of Bank of Georgia’s representative office in London. International WM is our key strategic direction and London, which is the home to Bank of Georgia GDRs and has a strong investor base, is a logical progress to build upon the achievements in attracting deposits from international clients through our wealth management operations abroad.

I have strong confidence in Vasil, who prior to joining the Bank in 2008 worked at Pictet Asset Management in London and Geneva, to continue to lead out of Georgia our wealth management development efforts together with Macca, who will relocate to London as of beginning of September 2010. I am also pleased to note that with this appointment we are bringing IR closer to our investor base”, noted Irakli Gilauri, Chief Executive Officer.

Details of Bank of Georgia Representative Office in London:

Bank of Georgia Representative Office
84 Brook Street84 Brook Street
London W1K 5EHLondon W1K 5EH
Tel: +44 (0) 20 3178 4053Tel: +44 (0) 20 3178 4053

About Bank of Georgia
Bank of Georgia is a joint stock company incorporated in the Republic of Georgia. Bank of Georgia is the largest bank in Georgia by assets, loans, deposits and equity, with 35.1% market share by total assets (all data according to the NBG,, as of 30 June 2010). The bank has 137 branches and approximately 1 million retail and more than 157,000 corporate current accounts. Bank of Georgia is regulated by the National Bank of Georgia in respect of its deposit-taking business. As of 30 June 2010 the Bank’s capital and reserves exceeded GEL 600 million (US$ 350 million) based on unaudited IFRS-based management reports.

Bank of Georgia has, as of the date hereof, the following credit ratings:

Standard & Poor’s               ‘B/B’
Fitch Ratings ‘B+/B’
Moody’s ‘B3/NP’ (FC) & ‘Ba3/NP’ (LC)

For further information, please visit or contact:

Irakli Gilauri               Macca Ekizashvili
Chief Executive Officer Head of Investor Relations
+995 32 444 109 +995 32 444 256

[email protected]

[email protected]

This news report is presented for general informational purposes only and should not be construed as an offer to sell or the solicitation of an offer to buy any securities.

Bank of Georgia Representative Office UK Limited is not authorised by the Financial Services Authority to carry out regulated activities in the United Kingdom. Any clients introduced to Bank of Georgia by the Representative Office will be clients of Bank of Georgia and not of the Representative Office.

a d v e r t i s e m e n t