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Tag Archives: TBC

TBC to Face International Competition by Entering Uzbekistan

One such player that has already thrown its hat into the ring is TBC Bank, Georgia’s largest lender. CFO Giorgi Shagidze agrees that the bank’s hard-won experience in its home market will give it a competitive edge in Uzbekistan. “The current reform drive in Uzbekistan resembles that of Georgia,” he told  Euromoney. …

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TBC to Award 200 Children with Scholarships in 2019

TBC has presented the report to the society and introduced the projects implemented within the framework of corporate social responsibility. The company’s CSR projects are united around 5 different directions. These are: Business Support, Heritage, Culture, TBC Team, Future Generation. The last one will be a special niche for TBC …

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TBC Bank is Ready to Join the Initiative to Abolish Problem Loans

TBC Bank, as the largest financial institution in the Georgian market, is responsible for the sustainability and stability of the Georgian financial sector and the general economy of the country. TBC Bank is ready to join the initiative to eliminate troublesome loans in favor of low-income citizens and persons with …

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TBC to Appeal to the Court for Damaged Business Reputation

Vakhtang Butskhrikidze, General Director of TBC Bank, said at the press briefing on the allegations of Omega Group founder Zaza Okuashvili that the bank is going to appeal to the court for damaged reputation. “We collect documents and those who are required to be brought to court,” Vakhtang Butskhrikidze said. …

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Credit Growth Stood at 19.1% YOY in August

The total bank loan portfolio increased by 19.1% YoY in August 2018, excluding FX effect. From the segments perspective, retail, SME and corporate loans increased by 19.1%, 20.8% and 18.1% YoY, respectively. Growth of retail loans was mostly driven by mortgages, which went up by 34.7% YoY, while non-mortgage loan …

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Borjomi Forest Restoration Project Begins

By the initiative of TBC Bank, forest restoration works will be started in Borjomi Gorge, damaged by fire. TBC Bank will sign an agreement with the Ministry of Environment Protection and Agriculture regarding the resumption of forest works today. Within the framework of the project, TBC Bank will restore 10 …

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TBC Business Awards 2018 is Back with New Nominations and Prizes

TBC Business Awards in 2018 returns with new nominations and prizes. Together with the four well-known categories, two more new nominations are available: “Female Entrepreneur” and “Business for Positive Influence”. 2018 nominations are: Business of the year Georgian product of the year Tourism business Year’s female entrepreneur Startup Business for …

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TBC Appointed New Directors

Maria Luiza Kikonian and Tsira Kemularia were appointed as independent non-executive directors of TBC. In addition, both of them became member of the Bank’s Supervisory Board. Maria Luiza Kikonian has experience in working with various financial institutions, including  at Merrill Lynch, Azimut, Mediobanca, and European Bank for Reconstruction and Development. …

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International Print Festival Started in Tusheti

The international print festival started with TBC support in Tusheti. The festival will unite the works of artists working in different media with traditional and modern methods. Participant artists, performers, musicians, designers and photographers listened to the old Tushetian legends from Eter Tataraidze and learned Tushetian Ornaments from the famous …

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TBC Ertguli Card Starts Summer Action

TBC Ertguli Card starts a new summer action. From August 1 users, who will get services at Ajara objects, will get 5 times more loyalty points. Points are collected as by purchasing at partner companies, as well as using TBC terminal. The action applies only through loyal and prime card payment. …

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TBC Upgrades Auto Park with Eco-friendly Cars

Automobiles will be gradually replaced by Eco cars at TBC Bank auto park. The process of replacement of old cars with hybrid-type automobiles and electric motors has already begun and at the first stage 35 vehicles have been replaced. Thanks to new vehicles, TBC has already significantly reduced the CO2 …

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