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
September 16, 2013

TBC Bank Signs USD 35 million Subordinated Loan Agreement with FMO, Swedfund and Cordiant Capital

TBC Bank signed a USD 35 million subordinated loan agreement with its shareholder Dutch development bank, FMO. The loan facility is provided in syndication with the Canadian investor, Cordiant and the Swedish development bank, Swedfund. The transaction will support TBC Bank’s capital adequacy, enabling the Bank to grow further and meet clients’ needs.
March 21, 2013

TBC Bank Signs a USD 7.5 million Subordinated Loan Agreement with DEG

TBC Bank signed subordinated loan agreement in the amount of USD 7.5 million with DEG (Deutsche Investitions- und Entwicklungsgesellschaft). This seven year facility will allow TBC Bank to further strengthen the capital in order to meet its growth and development targets over the coming years.
February 26, 2013

TBC Bank and ADB Signed a USD 50 Million Loan Agreement

TBC Bank and the Asian Development Bank (ADB) signed a USD 50 million senior loan agreement today. The 5-year facility will be dedicated to extending credit to under-banked small and medium businesses outside the capital city. The proceeds of the loan can also be used to finance micro segment customers in the regions of the country through TBC Bank’s subsidiary, Bank Constanta.