Sberbank - Bank of Georgia Group (BDGSF) CIS Market Daily - August 17, 2017

Report

Sberbank

Alexander Kudrin

CIS Market Daily - August 17, 2017

> Trader's comment on Russian market
> Market comment - Softer dollar, stronger metals and mixed moves in oil
> Deflation continues for third week in a row in Russia
> BGEO 2Q17 IFRS results: Mixed numbers, but still 20% ROE
> Proposed telecom regulation generating different interpretations
> Mail.ru Group: We still give it a like
> Dixy Group's EBITDA margin bounces in 2Q17

17/08/2017 15 EN

Underlying

Bank of Georgia Group

BGEO Group is a holding company. Together with its subsidiary, JSC Bank of Georgia (the Bank) and other subsidiaries, Co. makes up a group of companies that provide banking, insurance, real estate, utility, leasing, beverage production and distribution, brokerage and investment management services to corporate and individual customers. Co. has two operating segments: banking business, which comprises: retail banking and payment services, corporate investment banking and wealth management operations and banking operations in Belarus; and investment business, which comprises Co.'s stakes in Georgia Healthcare Group PLC, Georgia Global Utilities, m2 Real Estate, Aldagi and Teliani Valley.

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GB00B759CR16 Pink OTC Markets United Kingdom

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Alexander Kudrin

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CIS Market Daily - August 17, 2017

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CIS Market Daily - February 24, 2022

Debt Markets Today - January 11, 2022. Russia-US Talks Review; January Ruble/FX Flows Outlook; OFZ Weekly Flows; Silknet Plans New Bond

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Debt Markets Today - March 24, 2022. Ruble Settlement for Gas, Russian Weekly Inflation, Severstal Unable to Pay Coupon on Eurobond

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