Leading financial services provider in Georgia

4Q 2024

Loan and deposit portfolios as of 31 December 2024

Total loans@3x-100.jpg
Total deposits@3x-100.jpg

Highlights 

  • 1.7 mln monthly active customers

  • 127 k TBC Concept monthly active customers

  • 68% of newly registered businesses choose TBC Bank4

TBC Insurance

TBC Insurance is Georgia’s leading provider of retail non-health insurance. Through the integration of insurance services with banking products, we enhance the overall value proposition for our customers. This synergy not only fosters customer loyalty, but also contributes to the sustained growth and resilience of our financial ecosystem.

4Q 2024 highlights

35%

Retail market share2

23%

Total market share2

GEL 59 mln

Gross written premium

TBC Insurance is a wholly owned subsidiary of TBC Bank. It was acquired in October 2016 and is the main bancassurance partner for the Bank. The company operates in four main business lines: non-health, health, reinsurance, and asset management. As of 31 December 2024, TBC Insurance had around 428k customers.

TBC Leasing

A wholly owned subsidiary of TBC Bank, TBC Leasing offers an alternative source of financing to our retail and MSME clients.

4Q 2024 highlights

86%

Market share3

c. 2,400

# of customers

GEL 585 mln

Leasing portfolio

Our technical expertise and specialised knowledge allow us to provide comprehensive asset finance solutions coupled with complementary advisory services. These include financial leasing, operating leasing, and sale and leasebacks. We serve customers all across Georgia, reaching them through authorised dealerships, vendors, direct sales channels, and TBC Bank branches. Leveraging TBC Bank’s extensive sales network gives us a significant competitive edge.

Market shares are Based on data published by National Bank of Georgia

2 Market shares given without mandatory border motor third party liability insurance (MTPL). With mandatory border MTPL, retail and total non-health insurance market shares were 30.6% and 21.9% respectively. Source: www.insurance.gov.ge

3 Internal estimates

Based on data shared by National Statistics Office of Georgia