TBC Bank

EBRD boosts financing for Georgian SMEs via TBC Leasing

December 22, 2020

Business

The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is extending a Euro 6 million (or USD 7.21 million equivalent) loan to TBC Leasing to broaden access to finance for Georgian micro, small and medium-sized enterprises (MSMEs), especially those in the regions.

Leaked FinCEN files show that Georgian banks are involved in suspicious transactions

The FINANCIAL — On September 20 International Consortium of Investigative Journalist (ICIJ)

by The FINANCIAL

September 22, 2020

2 mins read

The ADC stated gov’t reneged on support for port project

The FINANCIAL — The Anaklia Development Consortium is the company originally selected by

by The FINANCIAL

September 10, 2020

2 mins read

Georgia’s economic recovery from the pandemic

The FINANCIAL — Coronavirus pandemic resulted in the most severe global economic contraction

by The FINANCIAL

July 31, 2020

2 mins read

Georgia

Anaklia Development Consortium filed a lawsuit against Georgia

The FINANCIAL — The Anaklia Development Consortium (ADC) and Mr. Bob Meijer, one of its principal investors, on 29 July filed separate arbitration claims against Georgia in relation to their rights in the Anaklia Port Project. Together the two claims seek to recover

by The FINANCIAL

July 30, 2020

2 mins read

BANKS

Fitch Revises Outlooks on 5 Georgian Banks to Negative; Maintains Stable Outlook on ProCredit

The FINANCIAL -- Fitch Ratings - Moscow - 10 Apr 2020: Fitch Ratings has revised the Outlooks on JSC TBC Bank (TBC, BB-), JSC Bank of Georgia (BOG, BB-), JSC Liberty Bank (LB, B+), JSC Terabank (Tera, B+) and Basisbank (Basis, B+)

by The FINANCIAL

May 9, 2020

7 mins read

Finance

Georgia’s merchandise export decreased marginally by 0.5% YoY and amounted to USD 263.6mln in February 2020

The FINANCIAL -- Following 15.9% YoY drop in the first nine months of 2019, FDI inflows doubled YoY to USD 347mln in Q4 2019, bringing the growth for the full-year 2019 close to 0%. FDI inflows to GDP ratio stood at an

by The FINANCIAL

March 24, 2020

1 min read

BANKS

Number of tourists went up by 4.0% in Georgia

Number of tourists went up by 4.0% YoY in February, following a strongperformance in previous month (+18.9% YoY) according to TBC Research. Number of international visitors went down slightly by 0.6% YoY over the same period. Slowdown of visitors’ growth primarily reflects

by The FINANCIAL

March 14, 2020

1 min read

Business

TBC Capital: FMCG Sector will exceed GEL 9.4 billion

The FINANCIAL – TBC Capital has presented a second investment analysis on the FMCG sector for food and Fast-Moving Consumer Goods, intending to review the current market situation and the development potential of the sector, alongside companies and potential investors. According to

by The FINANCIAL

November 30, 2019

13 mins read

GeoBanks

Apple Pay Coming to TBC Bank’s Customers: Offering an Easy, Secure & Private Way to Pay

TBC Bank today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in

by The FINANCIAL

September 4, 2019

1 min read

Georgia

No mistakes allowed in health insurance!

The FINANCIAL-- TBC Insurance provides health insurance and offers high quality services to customers. TBC Insurance’s health insurance is distinguished by its coordinated, modern and transparent system.

by The FINANCIAL

May 20, 2019

1 min read

Georgia

Tbilisi Art Fair Uniting the World

The FINANCIAL -- Marking its second appearance, Tbilisi Art Fair (TAF) has already made quite a buzz among art followers and others. Sponsored by art industry supporter TBC Bank, from 17 to 20 May, Expo Georgia will be following a busy schedule,

by Gela Megeneishvili

May 13, 2019

3 mins read

Georgia

TBC Bank acquires leading Uzbek payment platform Payme

The FINANCIAL -- TBC Bank Group PLC (“TBC Bank” or “the Bank”) announces that it has entered into an agreement to acquire a 51% stake in LLC Inspired, a leading payment platform in Uzbekistan trading under the Payme brand (“Payme”).

by The FINANCIAL

May 6, 2019

1 min read

BANKS

TBC Bank presented a macroeconomic review

The FINANCIAL -- Following an initiative of TBC Bank, a presentation of its macroeconomic review was held at Holiday Inn. The presentation was led by TBC Bank's Chief Economist Otar Nadaraia, who spoke about the impacts of the dynamics and forecasts of

by The FINANCIAL

April 30, 2019

1 min read