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
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 4, 2015

TBC Bank Has Signed an Agreement about GEL 48 Million Loan from BSTDB

TBC Bank and the Black Sea Trade and Development Bank (BSTDB) have signed an agreement in the amount of GEL 48 million. The 3 year local currency SME Loan facility will enable TBC Bank to finance small and medium-sized enterprises in Georgia.
June 19, 2015

TBC Bank Obtains USD 10 Million Loan from BSTDB

TBC Bank and the Black Sea Trade and Development Bank (BSTDB) have signed a USD 10 million loan agreement. This transaction represents the renewal of the small and medium-sized enterprises (SME) financing agreement between the organizations first signed in 2003. The three year facility will be dedicated to financing SMEs in Georgia.
February 20, 2015

TBC Bank Obtains Gel 100 Million Loan From ADB

TBC Bank, TBC Broker and Asian Development Bank (ADB) completed the transaction to the amount of GEL 100 million. The 3 year local currency facility will enable TBC Bank to finance micro, small and medium-sized enterprises in the country’s regions.
January 28, 2015

TBC Bank Further Strengthens Leadership Position in Microfinance Segment, Acquiring Loan Portfolio from ProCredit Bank Georgia

TBC Bank is pleased to announce that it will acquire the entire Micro loans portfolio from ProCredit Bank Georgia, the fifth largest bank by total assets in the Georgian banking sector.