728x90
Home / Tag Archives: TBC Bank (page 11)

Tag Archives: TBC Bank

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 …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »

Deposits Placed in the Banking Sector are Reduced by 235 Mln

Deposits Placed in the Banking Sector are Reduced by 235 Mln

The volume of deposits is diminished to the banking sector. As of September 1, the deposit volume totals to 14, 6 billion GEL (-1,6% m-o-m) at the expense of demand deposit decline. Term deposits are grown by 5.2 million GEL, demand deposits are reduced by 240 million GEL. According to NBG, larization …

Read More »

It’s Time To Transform Commercial Banks into Investment Banks in Georgia

“It’s right time to transform commercial banks into investment ones in Georgia,”President’s economic advisor, told the Business Contact. Maia Melikidze has evaluated the acquisition of Bank Republic and stated that market still remains two large players such as TBC and Bank of Georgia. As for her for the better growth of the country, …

Read More »