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Tag Archives: TBC Bank

TBC Bank Introduces Startup Agro Loan

TBC Bank has introduced Startup Agro Loan. This is an unprecedented offer on the market, the bank representatives noted. The product enables farmers to arrange high-productive cattle and poultry farms, high-technology greenhouse complexes, warehouses, refrigerator complexes. Agro loans are issued to both corporate and physical bodies. The bank will take …

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Fundamental Indicators are Optimistic in Georgia Banking Sector

According to the general director of TBC Bank, the recent devaluation of  Georgian Lari is a short-term breakdown. Vakhtang Butskhrikidze says that fundamental indicators are quite optimistic in the economy and the high dollar is the main challenge of the banking sector. “The banking sector is the most successful of …

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TBC Bank Capitalization Rises by 55mln GEL

TBC Bank Capitalization Rises by 55mln GEL

Price of TBC Bank shares (TBCB LI) rose to 18.17 GBP. The last trading session was closed by 17.41 GBOP (+0.74%w.w; +3.03%m.m). Deals were made on 90 000 shares. Over the past 4 weeks, daily deals were made on 29 000 shares on average. TBC Bank market capitalization constitutes 921.5mln …

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Rating of Commercial Banks in terms of Crediting Portfolio, TBC is Leader

Rating of Commercial Banks in terms of Crediting Portfolio, TBC is Leader

Crediting portfolio of commercial banks accounts for 20.2bln GEL as of October 1 (Q3/2017), including loans and credits issued to nonresidents. According to National Bank of Georgia (NBG), Larization coefficient is 42.42%(Q2/2017 – 40.1%). At the October 25 briefing dedicated to the Larization campaign, NBG president discussed the 2016 trends, …

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TBC Bank has Attracted USD 106.5 Million from International Partners

TBC Bank has signed a $ 106.5 million syndicated loan agreement with the Netherlands Development Finance Company “FMO”. This is the second contract of syndicated loan organized by TBC Bank’s long-term partner, Netherlands Development Finance Company (“FMO”). The loan product was created with syndication with OPEC International Development Fund (OFID). …

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Media Exposure for Bank Cards

Media Exposure for Bank Cards

In the first quarter of 2017 Georgia-based commercial banks issued 9.2mln payment cards, up 11% year on year. Ratio of MasterCard accounts for 43%, VISA – 32%, Vocal – 18%, UP – 6% and Amex – 1%. In January-March 2017 Georgian payment cards recorded 37.7mln transactions worth 4bln GEL in …

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Get #YourCard with Gifts

Another news for Students by TBC. All students who will order the card from October 11 will receive a shirt, which design will be chosen by themselves. You can also get a new, more varied and fun set of stickers that with the card. One more news for students: card …

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TBC Bank is Market Leader in Terms of Retails Deposits

TBC Bank is Market Leader in Terms of Retails Deposits

TBC Bank’s ratio on retail deposits market has risen to 40.9% (Q2/2017 -40.2%). The growth in the third quarter marked 8.3%. Meanwhile, Bank of Georgia has increased retail deposits portfolio by 6.7% quarter on quarter. Liberty Bank’s retail deposits portfolio has risen by 0.9%, VTB Bank – plus 6.3% and …

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