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ADB Named TBC as the Leading Partner Bank in Georgia in Trade Finance

TBC Bank has been named as the leading partner bank in Georgia for the fourth time by Asian Development Bank in trade finance.

The awards ceremony was held in Singapore and attended by about 200 representatives of banks and financial institutions of 15 countries. Asian Development Bank has identified 23 best partner banks with which ADB cooperates more actively.

“We have special financial indicators over the last 12 months, of course, we can not reach this outcome without our partner banks. Awarding is the best opportunity for them to thank once again for the partnership and for the work done. In cooperation with the winning banks, we have a very important contribution to economic growth and job creation, “said Stephen Beck, Head of Asian Development Bank’s Trade Financing Program.

ADB was founded in 1966 and its purpose is to reduce poverty through economic growth and regional integration in the Asian and Oceanian countries. Asia Development Bank has been financed by a number of sectors in various countries in 2017, with 32.2 billion dollars.

Since 2009, the ADB Trade Financing Program has provided over 12,000 small and medium enterprises with financial support and implemented 16 600 transactions worth of 30 billion.