Lion Finance Group

Archil Gachechiladze has been CEO of the group since April 2024 after leading the Bank of Georgia subsidiary. He drives the integration of the group’s Georgian and Armenian banking platforms and reports to a London-based board. The board’s risk and audit committees set the capital allocation framework, including dividend ratios and prudential buffers tied to both LSE listing rules and local Caucasus regulatory requirements.

It is a publicly traded banking group listed on the London Stock Exchange, not a family office. The group has a dispersed shareholder base and operates two regulated universal banks in Georgia and Armenia. There is no disclosed source of family wealth or controlling private shareholder.

Growth comes almost entirely from organic loan and deposit expansion across its two banking platforms, plus the 2024 acquisition of a controlling stake in Ameriabank in Armenia. The group does not operate a standalone private-equity or venture arm, though its corporate banking desks occasionally participate in syndicated loans alongside development finance institutions. It has not disclosed any direct equity holdings in non-bank companies.

Bank of Georgia is the group’s main Georgian banking subsidiary. The holding company was previously named Bank of Georgia Group PLC and renamed itself Lion Finance Group PLC in February 2026 to better reflect its multi-brand, multi-country structure after acquiring Ameriabank in Armenia. Bank of Georgia continues to operate under its original brand name in Georgia.

Virtually all the group’s revenue comes from Georgia and Armenia, making it a concentrated play on the South Caucasus. The loan book is sensitive to regional currency fluctuations, dollarization trends, and the health of tourism and commodity-transit revenues. The group mitigates this by maintaining strong capital ratios above local regulatory minimums and by earning a spread that has historically exceeded that of western European banks.

No. The group is a retail-and-corporate banking franchise and does not market pooled investment funds to external allocators. Its securities business within Georgia and Armenia provides brokerage and custody services, but on an agency basis for retail and institutional clients, not as a fund manager.

Digital is embedded inside the banks — BOG Digital in Georgia and Ameriabank’s digital platform in Armenia — rather than operated through a standalone fintech subsidiary. The digital channels are primary sales and service routes but rely on the regulated banking entities for balance-sheet capacity, licensing, and deposit insurance. The group has not disclosed plans to spin off its digital units.