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Tag Archives: TBC Bank

Price of TBC Bank Shares Grow at London Stock Exchange

TBC bank

Price of TBC Bank shares (TBCB LI) has increased at the London Stock Exchange (LSE). Last week, the shares were traded at 9.40 USD – 9.90 USD (L/w – US$ 9.40 – 9.70). The session week was closed at 9.50 USD (February 22- 27) (+1,06%w.w; +4,86%m.m). The reporting week’s trades made …

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What Should you Know Before Getting a Mortgage Loan?

Levan Diasamidze

A mortgage loan is a common banking product intended for the purchase of an apartment or commercial space. The terms for bank mortgage loans are getting more sophisticated and flexible.  TBC Bank’s regional director Levan Diasamidze explains the crucial information every citizen, who wants a mortgage loan, should have before applying …

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TBC Bank Named as Best Bank for 2016

TBC bank

The Global Finance, the world’s influential financial magazine, has named TBC Bank as the best bank for 2016.  In its exclusive research, the Global Finance named winner commercial banks in the emerging markets. Over the past 5 years on end TBC Bank has won the best bank’s nomination. In whole, …

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Bad Loans Account for 538.8 million GEL as of March 1

Bad Loans Account for 538.8 million GEL as of March 1

Volume of bad loans declined in the bank sector to 3.3% ratio in total loan portfolio. Nonperforming loans marked 538.8 million GEL as of March 1, 2016. Bad loans (nonstandard, doubtful, bad) are regulated by 30%, 40% and 1000% reserve requirements. Reserves for possible losses exceeded 1 billion GEL, including …

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Mobile Terminal from TBC Bank

Mobile Terminal from TBC Bank

Starting today merchants will enjoy the fastest, most innovative and comfortable payment system with the TBC Bank support. The Mobile Terminal is a small appliance with modern functional components for conveniently making payments anywhere by any type of plastic card, including contactless cards. The mobile terminal is an innovative product …

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TBC Bank Shares Rise in Price at LSE

tbc bank

The price of TBC Bank shares (TBCB LI) have risen at the London Stock Exchange (LSE). In the last week the price ranged from 9 USD to 9.51 USD (L/w – US$ 8.75 – 10.35). The session week was closed by 9.5 USD (+1.71% m/m).  Over the reporting week, deals …

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Ski Resort Visitors to Enjoy New Services

Gudauri Skiing

The Ski Resorts Development Company and TBC Bank have developed a new service for the ski resort visitors. Namely, the companies offer customers to enjoy the function for filling the MultiCard balance. The new MultiCard is a multiple-use card than enables to avoid long queues and cash payments when using …

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TBC Capital Has two New Directors

TBC bank

TBC Bank has appointed Levan Shanidze and Avtandil Gigineishvili as managing directors to co-head TBC Capital, an investment banking arm of TBC Bank offering Corporate Advisory, Research and Brokerage solutions in Georgia. Both, Shanidze and Gigineishvili are highly experienced professionals, each with 20 years at global investment banking institutions in …

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TBC Bank Tops List of Profitable Commercial Banks

tbc bank

Net profits of Georgia-based commercial banks in January 2016 marked 20 million GEL, up 4.4 million GEL compared to January 2015 and down 17 million GEL compared to January 2014 , the National Bank of Georgia (NBG) reports. ProCredit Bank Profits Shrink In 2015 commercial banks received historically high profits …

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Bank Sector’s Revenues and Expenditures Shrink

GEL Lari

The bank sector has reduced gross expenditures, but deposit expenses have increased anyway. In January commercial banks’ gross expenditures marked 229.3million GEL (284.6 million GEL as of 01.2015). The declination is recorded in the year on year context: -19.4%. The revenues have declined by 15.7% year on year. At the …

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