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
January 16, 2017

Appointment of Chief Risk Officer

TBC Bank Group PLC together with its subsidiary JSC TBC Bank is pleased to announce the appointment of David Chkonia to the Management Board of TBC Bank as Chief Risk Officer and Deputy CEO with immediate effect.
January 3, 2017

Total Voting Rights Announcement

As at 3 January 2017, TBC PLC had 52,166,703 ordinary shares of £0.01 each in issue, each with one vote attached.
December 29, 2016

TBC PLC Investment in JSC TBC Bank

TBC Bank Group PLC ("TBC PLC") announces that it has invested GEL 100 million into its subsidiary, JSC TBC Bank ("TBC Bank"), for the purpose of optimization of the group's capital structure.
December 28, 2016

Recovery of Previously Written Off Provision Expense

TBC Bank Group PLC ("TBC PLC") announces that its subsidiary, JSC TBC Bank, has recorded the interest income and recovery of a provision expense of a previously written off amount in relation to a loan issued to one corporate client, in the total amount of USD 13.4 million. This amount will be accounted for in the fourth quarter 2016 consolidated profit and loss statement under the sections “interest income” and “provision for loan impairment” and will increase net profit by USD 13.4 million.
December 12, 2016

Notification of Major Interest in Shares

Total disclosable holding for International Finance Corporation: 1,538,484 (2.9%)
December 8, 2016

Admission to Trading on the London Stock Exchange

TBC Bank announces that an application has been made to the UK Listing Authority and the London Stock Exchange for 8,518 new ordinary shares of TBC Bank to be admitted to the premium segment Official List of the Financial Conduct Authority and to be traded on the main market of the London Stock Exchange for listed securities.
December 5, 2016

Notification of Major Interest in Shares

Total disclosable holding for International Finance Corporation: 2,040,699 (3.91%)