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Tag Archives: TBC Bank

TBC Bank’s Market Capitalization Declines

Price of TBC Bank shares (TBCB LI) has increased at London Stock Exchange (LSE). Last week the maximum price rose to 16.85GBP In the reporting period trading sessions closed at 16.2 GBP (+0.12 week on week; -0.61% month on month). Deals were made on 131 000 shares. Over the past …

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TBC Bank Expands GEL-denominated Loan Portfolio

TBC Bank Expands GEL-denominated Loan Portfolio

TBC Bank has shrunk dollarization coefficient in loan portfolio. Retail loans portfolio constituted 4.257bln GEL as of August 1 (H1/2017 – 4.216bln; +1% m.m). GEL-denominated loans portfolio has risen to 2.1bln GEL. Retail portfolio dollarization coefficient is 50.7% (01.06.2017 – 51.8%). Billion Loans 7.493 Including Retail Loans 4.257 Retail Currency …

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ADB Names TBC Bank as the Best Bank in Trade Financing

 Asian Development Bank named TBC Bank as the best partner for the third time in terms of trade financing in Georgia. The awards ceremony was held in Singapore and over 150 representatives from 17 countries attended the event. The Asian Development Bank has identified 18 best partner banks with which …

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Silk Road Group Interested in Purchasing Geocell

Silk Road Group is interested in purchasing Geocell, Lekso Topuria, member of Silk Road Group supervisory board, told Business Morning. In response to the question whether the company will use 34mln GEL raised from Silknet bonds, Topuria said that the mentioned sum will refinance the TBC Bank loan. As to …

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Assets of Commercial Banks Totaled 30.5bln GEL as of August First

Assets of commercial banks amounted to 30.5bln GEL as of August 1. According to the National Bank’s statistics, total assets (in current prices) rose by 0.3bln GEL in July (+0.8 month on month). Own funds of commercial banks amounted to 4.1bln GEL (13.4% of assets). Basisbank advanced to the 6th …

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Bank of Georgia Records Highest ROE Coefficient

Bank of Georgia Records Highest ROE Coefficient

Bank of Georgia records the highest ROE (return on equity) coefficient. One commercial bank out of 16 ones have finished the January-July period in negative indicators (International Bank of Azerbaijan (-0.5%). ROE (%) Capital (in bln) Bank of Georgia 36.8 1.758 TBC Bank 20.1 1.521 Liberty Bank 21.2 0.206 VTB …

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Banking Sector’s Deposits Portfolio Grows in July

Banking Sector's Deposits Portfolio Grows in July

In July 2017 deposits portfolio has increased in the Georgian banking sector by 0.6% month on month (June +2.8%: May – 1.1%; April +0.8% month on month; March (-3.1%)). According to National Bank’s statistics, as of August 1 (01.08.2017), retail and corporate deposits constituted 16.9bln USD (current, demand and term …

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661 Company Registered at Business Awards 2017

Registration process has finished at Business Awards 2017- joint project of TBC Bank and Geocell. 661 company registered to participate in the Awards, from which jury will reveal the best in various nominations, in September. Registration took place for 2 months. The most companies registered in ”Startup of the Year” …

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