Banking

TBC Conducted Training on Energy Sector Financing with Swiss ResponsAbility Global Climate Partnership Fund (GCPF)

TBC has conducted the training of financing renewable energy projects with the support of Swiss Climate ResponsAbility Investments AG's Global Climate Partnership Fund (GCPF).

ProCredit Bank’s 20 Years in Georgia – the Advantages of Being a German Bank in the Georgian Financial Sector

20 years of banking experience, 100% German capital, the highest credit rating in the Georgian banking sector, environmental friendliness and a focus on small and medium sized business development.

Twelve Georgian Commercial Banks Join Credit-Guarantee Scheme

Twelve Georgian commercial banks have joined the credit-guarantee scheme with the aim to simplify access to financial resources for small and medium business companies and ensure inclusive economy growth.

TBC Bank Group PLC Board Changes

TBC Bank Group PLC confirmed that, further to today’s announcement by the Georgian office of Public Prosecution, the Chairman and Deputy Chairman have decided to step down from the board of TBC PLC with immediate effect.

TBC Bank Shares Fall As Ex-Chair And Deputy Face Georgian Charges

TBC Bank Group PLC said Wednesday its former chair and deputy chair are both set to be charged by the public prosecutor in Georgia, confirming no charges are set to be levelled at the firm itself.

Statement of TBC Bank Group

They have come to this decision so that the charges against them do not have any effect on the group's activities, and they are free to continue the dispute.

TBC Bank Attracts 10 million USD Financial Resource from ResponsAbility Investments

TBC Bank and ResponseAbility Investments have signed a loan agreement on 10 million USD. The financial resource will fund small and medium business sectors.

ResponsAbility Investments and TBC Bank Sign USD 10 Million Loan Agreement

TBC Bank Group PLC (“TBC PLC”) announces that its subsidiary, JSC TBC Bank ("TBC Bank"), has signed a loan agreement in the amount of USD 10 million with ResponsAbility Investments AG.

Profit of Georgian Banks Decreases

In June 2019, Georgian banks’ profits decreased by 29.9 million compared to May and by 29.9 million compared to June 2018 amounted to GEL 33.9 million.