BRIEF-Bank of Georgia first-quarter profit rises 16 pct

May 20, 2015 6:33 AM

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* Cost to income ratio improved to 36.8 pct; ex-privatbank it was 35.0 pct (1Q14: 41.5 pct; 4Q14: 38.4 pct)

* Banking net interest margin was 7.8 pct; without privatbank effect ("ex-privatbank") NIM was 7.3 pct (-20 bps y-o-y; -40 bps q-o-q)

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