The story
On October 14, 2011, Bank of Georgia Holdings PLC was incorporated in the UK to allow Bank of Georgia and its related companies to secure a listing on the London Stock Exchange. On February 28, 2012, this went ahead and Bank of Georgia Holdings's shares were duly admitted to the London Stock Exchange.
In August 2015, the business underwent a restructuring to separate the banking and investment businesses under a new holding company. On November 20, 2015, Bank of Georgia Holdings changed its name to BGEO Group.
In August 2018, it was decided to separate the banking and investment businesses. Two separate companies, Bank of Georgia plc and Georgia Capital plc were incorporated in the UK. Each BGEO Group Shareholder received one Georgia Capital Share and one Bank of Georgia Group share. The investment business was transferred to Georgia Capital plc, which was demerged and listed on the London Stock Exchange on May 28, 2018.
In February 2024, Bank of Georgia Group announced the proposed acquisition of 100% of a leading bank in Armenia, Ameriabank, for approximately $303.6 million. The acquisition completed on May 24, 2024.
On February 6, 2025 Bank of Georgia Group plc changed its name to Lion Finance Group plc.
From Wikipedia’s article on Lion Finance Group, shared under CC BY-SA 4.0.4
