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Tag Archives: TBC Bank

TBC Bank Rated Top for “Best Services” in Banking Poll

According to the online poll conducted by the newspaper Banking & Finances the Georgian consumers rate TBC Bank’s services as the best. The poll was conducted at BFM.ge between September 1-14 and 2,222 individuals casted their vote in it. 36% or 793 voters said the TBC Bank offers the best services …

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Currency Volatility Preconditions and Georgian Bank System

The last week recorded a new wave of currency fluctuation. It is interesting how the Georgian sector responds to the existing realities and how steady the Georgian bank system is. Giorgi Tkhelidze,  a TBC Bank deputy director general in risks management field, overviews the current developments. – Mr. Giorgi, how …

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Georgian Literary Award SABA Winners will be Revealed Today

Saba Awards

Today the 13th award ceremony of literature award Saba will take place in Georgia, Mtskheta. Winners will be chosen from 10 nominations.  This year’s awards will be held at Ivane Mukhranbatoni’s historic palace, which is located in Mukhrani. A-5 member jury will become known at the ceremony, whose identity, is traditionally kept in secret …

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How should the Georgian Capital Market be Reformed?

An interview with Deputy General Director of  TBC Bank David Tsiklauri In your opinion, why the Georgian capital market is so underdeveloped, and what is the main reasons for this? Unfortunately, for many years, nobody paid attention to the promotion of factors that can encourage the development of the capital …

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#June13: A Month Since the Tragedy

The State Budget Mobilizes over 25 million GEL The June 13 natural disaster in the Vere Gorge has sacrificed 20 individuals. Three citizens are still missing. The flood has inflicted losses and damages to about 160 families. Part of the houses will be rehabilitated, while 10 families are still unsheltered. …

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Six Young Georgian Filmmakers’ Short Films Funded by TBC

Last week the movie theater Amirani showcased short films of six Georgian young filmmakers. All of the films were finalists of the Georgian National Film Center competition.  All six films are charming in their own way, many of them share the Kusturica-like unifying theme of death and its rituals. It …

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Memorandum Between TBC Bank and AS Georgia Regarding Dirsi Project

A partnership memorandum was signed between TBC Bank and “AS Georgia”, the daughter company to the international development holding “AS Group Investment”, regarding the “DIRSI” project. The memorandum was signed on May 18th 2015 and its new conditions make newly-built apartment complexes in Transcaucasia more accessible. In frames of the …

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TBC Bank obtains GEL 100 Million Loan from ADB

TBC Bank, TBC Broker and Asian Development Bank (ADB) completed the transaction to the amount of GEL 100 Million. The 3 year local currency facility will enable TBC Bank to finance micro, small and medium-sized enterprises in the country’s regions. 

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GOODWILL May Be Transformed into a JSC

The court did not confirm suit of PKF and respectively previous verdict on its avoidance remains valid. Company director and 6 creditors, among them was not secured creditor TBC Bank, required removal of PKF from the rehabilitation management. The management informs that rehabilitation will be provided in accordance to the plan …

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