Further to the publication on 3 April 2019 of the TBC Bank Group PLC ("TBC PLC") Annual Report for the financial year ended 31 December 2018.
The European Bank for Reconstruction and Development (EBRD) has once again named TBC Bank once again the most active bank in Georgia in terms of international trade financing.
The TBC Bank case has turned out to be a high-profile matter over the past month. The story of one transaction raised more questions in terms of business freedom and democracy in the country.
TBC Bank founder Mamuka Khazaradze demands that Koba Gvenetadze, president of the National Bank of Georgia (NBG) resign and urges to call him to account.
The ongoing meeting of the parliament committee on TBC Bank case was closed after voting.
Over the last few days, we have had detailed discussions around events concerning TBC Bank. Regarding this, NBG announces the following:
Koba Gvenetadze, president of the National Bank of Georgia (NBG), will deliver a speech on the TBC Bank case at the parliament of Georgia on February 26.
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.