TBC Bank Group
Holding Company of JSC TBC Bank

Press Releases

Please note that press releases prior to 10 August 2016 are for JSC TBC Bank
February 18, 2016

TBC Bank Announces FY 2015 and 4Q 2015 IFRS Consolidated Results; Profit for 2015 up by 38.0% YoY to GEL 218.7 million

TBC Bank today announced its FY 2015 audited consolidated financial results, prepared in accordance with the International Financial Reporting Standards (IFRS).
February 12, 2016

TBC Bank signs USD 50 million Subordinated Loan, USD 50 million Senior Loan, and a USD 500,000 technical assistance agreements with the Asian Development Bank

TBC Bank announces the completion of a 10-year subordinated loan agreement in the amount of USD 50 million and a 5-year senior loan agreement in the same amount with the Asian Development Bank (“ADB”). The two loan facilities are available for TBC Bank in either Euro, Dollar or Georgian Lari.
February 11, 2016

Fourth Quarter and Full Year 2015 Financial Results Conference Call

TBC Bank, a leading bank in Georgia, will release its fourth quarter and full-year 2015 financial results on Thursday, 18 February 2016 at 7am GMT (11am GET). On that day, Vakhtang Butskhrikidze, CEO, and Giorgi Shagidze, CFO, will host a conference call to discuss the results.
January 25, 2016

Notification of Fourth Quarter 2015 Financial Results

TBC Bank announces that its financial results for the fourth quarter 2015 will be published on Thursday, 18 February 2016.
January 4, 2016

TBC Bank Launches Redesigned Branches with Breakthrough Concept

TBC Bank announces the launch of a redesigned branch concept, achieving another breakthrough in customer experience offering. The new design reflects TBC Bank’s welcoming, user-friendly and transparent approach to banking and has been done in partnership with Allen International, a strategic design consultancy focused on financial services
December 7, 2015

TBC Bank Signs Two Subordinated Loan Agreements for USD 30 Million from EFSE and GGF

TBC Bank announces that it has signed two subordinated loan agreements with the European Fund for Southeast Europe (“EFSE”) in the amount of USD 15 million and the Green for Growth Fund (“GGF”) for another USD 15 million. The transaction will further strengthen TBC Bank’s capital adequacy, enabling the Bank’s continued growth in accordance with its strategy. Both loan facilities bear a maturity of ten years and qualify as Tier II capital under current regulations.
November 27, 2015

Further re DEG Sells Holding in TBC Bank Shares

Further to the announcement issued on 26 November 2015 at 17:24 GMT (RNS number 1324H) JSC TBC Bank (LSE: TBCB) would like to issue further clarification that the shares sold by Deutsche Investitions- und Entwicklungsgesellschaft (DEG) were acquired by a number of institutional investors from UK and Continental Europe through an accelerated transaction managed by Renaissance Capital.
November 26, 2015

DEG Sells Holding in TBC Bank Shares

JSC TBC Bank (LSE: TBCB) was notified on 26 November 2015 by the Deutsche Investitions- und Entwicklungsgesellschaft (DEG), that DEG sold its remaining holdings in TBC Bank on 25 and 26 November 2015.
November 12, 2015

TBC Bank Announces 3Q 2015 Unaudited IFRS Consolidated Results; Profit for 3Q 2015 up by 11.0% YoY, Asset Quality Maintained

TBC Bank today announced its 3Q and 9M 2015 unaudited consolidated financial statements, prepared in accordance with the International Financial Reporting Standards (IFRS).