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Tag Archives: TBC Bank

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 …

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TBC Bank Held Agro Forum for Farmers in Akhaltsikhe

TBC Bank’s Agro Forums continue in the regions and have already moved to Samtskhe-Javakheti after Kakheti and Shida Kartli. The experts of the field shared the latest information on the breeding of dairy products, creation of agricultural cooperatives and other important issues during the Akhaltsikhe one-day forum. “Regional Agro Forums …

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TBC Bank Profit Jumps

TBC Bank

TBC Bank’s pretax profit rose to 239.5 million laris ($94.3 million) for the six months ended June 30, from 191.4 million laris a year earlier. Shares of TBC were up 2.4 percent on the London Stock Exchange minutes after the opening bell. Tbilisi-based TBC’s market share in total loans was …

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Ti Bot has Special Offer for The Chemical Brothers Fans

TBC’s Ti Bot launched a special promotion for The Chemical Brothers’ fans. Those who will benefit from T-Bot’s offer before September 1, will be able to buy The Chemical Brothers concert tickets at a 44% discount. It’s very simple, the user needs to text Ti Bot on Facebook Messenger about …

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TBC Bank’s Financial Director Explains GEL Depreciation Reasons

TBC Bank’s financial director Giorgi Shagidze says that the recent volatility of GEL is related to deprecation of RUB and TUR in neighboring countries. “GEL is a free currency and naturally, developments in our trade partner countries influence it. We saw that last week Turkish Lira considerably depreciated” Shagidze said …

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TBC Bank gets $50m loan from China Development Bank

TBC Bank and China Development Bank signed $ 50 million loan agreement. According to the bank, this is the largest loan resource that the Chinese Development Bank has allocated to the Georgian company. “We are proud to implement the first transaction with China Development Bank. Our cooperation is a logical …

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Profit of Banks Saw Increase by 8.4% in the First Half of the Year

The National Bank of Georgia has published financial indicators of the first half (January-June) of current commercial banks operating in Georgia. As for the data, TBC Bank saw the highest profit worth of 183 million GEL which is 22% more than the profit of the first half of 2017. “Bank of Georgia” …

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TBC Expands on Azerbaijan Market Buying Local Bank’s Share

JSC TBC Bank, a subsidiary of TBC Bank, has signed a contract with Nikoil Bank, aiming to expand its bank business in Azerbaijan. In particular, according to the agreement, the Azerbaijani subsidiary of the bank TBC Kredit becomes the owner of Nikoil Bank’s share. It takes bank regulator’s consent to …

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TBC Bank Named as Best Bank in Georgia for 2018

Authorized financial magazine Euromoney named TBC Bank as the best bank in Georgia for 2018. TBC Bank has been awarded for the leading position in the market for high standards and outstanding financial results. “We are proud to receive Euromoney’s prestigious award. This recognition reaffirms TBC Bank’s strong financial results …

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TBC TI Bot Starts New Promotion for Customers

TBC Bank’s chat bot, Ti Bot that allows banking operations, offers customers a new promotion. Within the promotion, users who transfer money through Ti Transfer will be awarded with Taxify or Luca Polare vouchers. It started on July 10 and will last for 4 weeks. 500 winners will be announced …

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