TBC Bank Group PLC - Tbilisi-based lender - Subsidiary, JSC TBC Bank, signs a subordinated loan agreement for USD30 million with European Bank for Reconstruction & Development. The funding provided by the EBRD will strengthen TBC's capital structure and support the bank's sustainable growth, it says. The loan facility bears maturity of ten years. Read More
(Alliance News) - TBC Bank Group PLC on Thursday reported a slight decrease in third quarter profit, but praised the performances of the economies of Georgia and Uzbekistan. Read More
Bank of Georgia Group PLC and TBC Bank Group PLC - Tbilisi-based lenders - Says regulator the National Bank of Georgia has released unaudited profits of all regulated Georgian commercial banks for the first nine months of 2023. Bank of Georgia says its regulated banking subsidiary JSC Bank of Georgia delivered net profit of GEL981.9 million, or around GBP295.9 million, for the first nine months of 2023. Standalone net profit for the first half was GEL651.1 million, while fully consolidated group profit totalled GEL709.9 million. Net profit for TBC Bank JSC was GEL803.8 million, following standalone net profit of GEL 530.3 million and consolidated group net profit of GEL548.0 million. Read More
TBC Bank Group PLC - Tbilisi, Georgia-based bank - Signs USD20 million loan agreement with European Bank for Reconstruction & Development, focused on promoting women's entrepreneurship and women's participation in the economy by alleviating gender gaps in access to finance. Francis Malige, managing director for financial institutions at EBRD says: "Building an inclusive and sustainable economy remains one of the EBRD's priorities, and women entrepreneurs are an important driver of economic growth in Georgia. With today's signing, we look forward to seeing more female leaders bringing their business ideas to life, and would like to thank TBC Bank, the EU and Sweden, for their ongoing partnership.'' Read More
(Alliance News) - TBC Bank Group PLC on Tuesday said that its subsidiary JSC TBC Bank has signed a USD20 million loan agreement with the European Bank for Reconstruction & Development. Read More
TBC Bank Group PLC - Tbilisi, Georgia-headquartered bank - Says that Deputy Chief Executive Officer Nino Masurashvili sold 17,314 shares at an average price per share of GBP26.59 on Friday, resulting in an aggregated volume price at GBP460,412.90. Read More
(Alliance News) - TBC Bank Group PLC on Thursday reported a rise in profit and interest income in its first half. Read More
(Alliance News) - TBC Bank Group PLC on Tuesday said it has agreed to acquire the remaining 49% of digital payment provider Payme for USD55.7 million from the founding shareholders. Read More
(Alliance News) - TBC Bank Group PLC on Thursday reported rises in profit, net interest income and earnings per share after an "efficient" and "robust" performance in the first quarter, and reconfirmed its targets. Read More
TBC Bank Group PLC - Tbilisi, Georgia-headquartered bank - Receives an upgraded credit rating from Fitch Ratings. The bank's long-term issuer default rating is upgraded to 'BB' from 'BB-' and its viability rating is upgraded to 'bb' from 'bb-'. The outlook remains stable. Read More
(Alliance News) - Stock prices in London were deep red at midday on Wednesday, with mining stocks suffering particularly badly, amid concern about rising interest rates. Read More
(Alliance News) - TBC Bank Group PLC on Wednesday reported a profit rise in the final quarter of 2022 and in the full year, as net interest income jumped on higher interest rates. Read More
(Alliance News) - TBC Bank Group PLC on Wednesday predicted a one-off earnings hit as Georgia enacts changes to its corporate tax model. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and last week and not separately reported by Alliance News: Read More
(Alliance News) - TBC Bank Group PLC on Monday said its subsidiary JSC TBC Bank has entered into a USD100 million loan agreement with Asian Infrastructure Investment Bank. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and last week and not separately reported by Alliance News: Read More