Home / Tag Archives: TBC Bank

Tag Archives: TBC Bank

TBC Launches Agile Transformation with Mckinsey

TBC has launched an introduction of modern and flexible system – Agile, which is a new method of operation to simplify working process, narrow bureaucracy and grow efficiency. Agile is a modern operational system adapted by the world’s leading companies. This system grows professionalism of staff and promotes attainment of …

Read More »

TBC Bank Paid 1.1 Million GEL Fine to National Bank of Georgia

Annual report of TBC Bank says, that the bank has paid  1,100,000 Gel ($400,000) fine to National Bank of Georgia. The report has been published today and it covers recent regulatory events. According to the report TBC has paid the fine on 12 March 2019. Matters Related to National Bank of …

Read More »

Mamuka Khazaradze and Badri Japaridze Quit Board of TBC Bank

Mamuka Khazaradze and Badri Japaridze quit Supervisory Board of JSC TBC Bank. Khazaradze and Japaridze officially submitted resignation letters but will continue to serve as Chairman and Deputy-Chairman of the Board, respectively. “The process of recruiting and selecting two new members of the Supervisory Board of TBC Bank is underway and …

Read More »

Committee Meeting on TBC Bank Case Closed after Voting

The ongoing meeting of the parliament committee on TBC Bank case was closed after voting. Despite sharp opposition protests, Roman Kakulia, head of the parliament’s committee for sectoral economy and economic policy, put forward the issue for voting and Georgian Dream members backed the issue. Public discussions on TBC Bank …

Read More »

EUGBC Suggests Create Monitoring Commission on TBC Bank’s Case

EU-Georgia Business Council (EUGBC) issued an official statement in regards to TBC Bank case. EUGBC expressed its support for TBC by stating that it is a company which has achieved a significant success.  EUGBC has also suggested to create a monitoring commission of the business representatives composed by 8 members …

Read More »

TBC Bank’s 2018 Profit Rises

TBC Bank Group Plc reported a 21.5 percent jump in full-year earnings, as lending remained strong on the back of a strong macroeconomic performance. TBC, Georgia’s largest retail bank, said profit rose to 437.4 million laris (126.8 million pounds) in the 12 months ended Dec.31 from 359.9 million laris a …

Read More »

TBC Bank Withdraws all Court Cases Against the National Bank of Georgia

Over the last few days, we have had detailed discussions around events concerning TBC Bank. Regarding this, NBG announces the following: Announcement from TBC Bank  Since TBC Bank takes into account the possible damage to the country’s investment image and respects the role of the National Bank, as a qualified …

Read More »

Mamuka Khazaradze: Commercial Bank is not to Fund Startups

A commercial bank is not an institution that funds startups, TBC Bank co-founder Mamuka Khazaradze noted when delivering his speech before students of University of Caucasus. “Regretfully, nobody talks about the main thing that is required for launching these startups. Everybody points to commercial banks. The bank is not an …

Read More »

Business Ombudsman Offers TBC Founders to Hold Meeting

Irakli Lekvinadze

“We are ready to hold a meeting with TBC Bank founders if they have such information that we can share to each other. I am ready as a Business Ombudsman to have more information, Business Ombudsman of Georgia Irakli Lekvinadze noted. The information spread about the bank founders and information …

Read More »