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Tag Archives: TBC Bank

Nikoloz Kurdiani Appointed as the General Direct of Bank Republic

Nikoloz Kurdiani is Appointed as the General Direct of Bank Republic

Nikoloz Kurdiani will manage Bank Republic in the integration process with TBC Bank. Kurdiani has been appointed as General Director for one-year term from November 1. Vano Baliashvili, who has been occupying the position for several days, has moved to the position of Operating Director. Ramaz Kukuladze officially left the …

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TBC Bank to Expand Its Loan Books

TBC Bank focuses on annually expanding its loan book by, approximately, 15-20 percent. Impressively, the bank purchased businesses from the Societe Generale, the JSC Progress Bank and Georgian insurance firm Kopenbur. Moreover, it bought the JSC Bank Republic from SocGen and the European Bank for Reconstruction and Development (EBRD) for …

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TBC Bank Grows Tariff to Online Credit Website Vivus.ge

TBC Bank has revised service conditions for online loans companies. Clients of more than 20 quick loan organizations have to apply new tariff scheme. Commission fee for Vivus.ge borrowers was determined proportionally to the sum paid through TBC Pay terminal: 1 GEL for up to 100 GEL; 2 GEL for …

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Weekly Deals on TBC Bank Shares Exceeded 200 000

TBc BANK

At London Stock Exchange (LSE) more than 200 000 deals were made on TBC Bank shares. Price of TBCG LN shares has declined by 1.35% week on week, but increased month on month by 4.5%. Session week closed at 12.83 GBP. Price of shares ranged from 12.75 to 13.25 GBP. …

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TBC Bank Announces about Completion of Deal over Bank Republic

TBC Bank Announces about Completion of Deal over Bank Republic

TBC Bank has become owner of 100% stake in Bank Republic. The transaction ended yesterday, on October 20, under which, Scoeiete Generale and European Bank for Reconstruction and Development (EBRD) sold 100% stake of Bank Republic to TBC Bank. The deal value has been paid and shares will be registered at …

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Progress Bank License For Banking Activity Cancelled

Shareholders of Progress Bank has decided to cancel licence for banking activities and become non banking service operator institution. On the basis of mentioned decision, with the order of president of National Bank of Georgia, license for banking activity of Progress Bank has been cancelled and bank started its liquidation process. …

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LSE Records Deals on 2 million TBC Shares

tbc-bank

Deals worth 24 million GBP (30 million USD) were made on more than 2 million shares of TBC at the London Stock Exchange (LSE). 1 924 925 shares constitute 3.5% ratio in total issuance. Last week price of a TBC share ranged from 12.6 to 12.75 GBP (L/W – GBP12-12.7). The …

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