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
April 8, 2009

TBC Bank to Receive $161 million

International financial institutions: IFC, EBRD, and FMO have partnered to provide TBC Bank with a financial package of up to USD 161 million. The funds received will strengthen TBC Bank's capital base...
May 20, 2008

TBC Bank Received USD 15 m Funds

On May 20, TBC Bank and Netherlands Development Finance Company - FMO signed USD 15 m loan agreement. Meeting the increasing demand of mortgage borrowing on the Georgian market...
March 28, 2008

TBC Bank Received USD 100 m Funds

TBC Bank and top international financial institution Merrill Lynch signed a loan agreement worth USD 100m. TBC Bank has managed to raise stunning funds from western capital markets...
March 11, 2008

TBC Bank signed Multisource Framework Agreement with BNP PARIBAS

On 11 March 2008, TBC Bank signed Multisource Framework Agreement with BNP PARIBAS and received USD 30m. The facility will be used to finance capital goods import transactions of TBC's clients...
February 19, 2008

TBC Bank Raised USD 10m Subordianted Loan

On 19 February, TBC raised USD 10 mln subordinated debt from DEG - German Investment and Development Society (Deutsche Investitions Und Entwicklungsgesellschaft MBH)...
December 27, 2007

USD 12m Mortgage Facility From EBRD

Despite its rapid growth during recent years, Georgia's mortgage market is still fairly underdeveloped compared to Central European countries which demonstrate potential for growth...
November 30, 2007

Energy Efficiency Program Initiated Jointly by EBRD and TBC

The EBRD has granted TBC Bank a USD 10m loan for financing energy efficiency projects in Georgia. The facility will be used for on-lending to private sector industrial entities...
November 21, 2007

Revolving Credit Agreement with EBRD

TBC Bank signed a USD 42m revolving credit agreement with the EBRD, with the facility subject to a likely increase through the year. The purpose of the transaction is to aid local...
November 16, 2007

USD 15m facility from OTP Bank PLC

TBC Bank received a USD 15m facility from OTP Bank PLC, the largest bank in Hungary. The facility will be used to finance TBC Bank's general banking requirements, increasing...
October 15, 2007

Another capital increase by TBC Bank

In October 2007, TBC Bank's shareholders accomplished yet another capital increase by $55 million. New capital will allow the bank to further increase its retail lending...