TBC Bank upbeat on solid first-half results
9th Aug 2024 07:38
(Sharecast News) - Georgia-based TBC Bank reported robust second-quarter and first-half results on Friday, with significant year-on-year growth in profits and returns on equity (ROE).
Read moreLondon close: Stocks rise further as UK exits recession
10th May 2024 16:02
(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.
Read moreTBC Bank in £22m share buyback as Q1 profits jump
10th May 2024 07:26
(Sharecast News) - Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22.4m) share buyback.
Read moreTBC Bank recommends dividend after year of growth
16th Feb 2024 07:21
(Sharecast News) - TBC Bank Group reported significant increases in net interest income, of 26.8%, and net fee and commission income, of 27.8%, in its full-year results on Friday, leading to total operating income of GEL 2.37bn (£0.71bn), up 14.6%.
Read moreTBC Bank profits slip in third quarter
9th Nov 2023 09:31
(Sharecast News) - TBC Bank Group reported a third-quarter net profit of GEL 300m (£90.14m) on Thursday, marking a 6% year-on-year decrease, with a return on equity (ROE) of 27.6%.
Read moreLondon close: Stocks mixed as weaker pound lifts FTSE 100
7th Sep 2023 15:57
(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
Read moreTBC Bank reports bumper 1H profits on strong economic growth
10th Aug 2023 08:25
(Sharecast News) - TBC reported bumper profits for the first half of the year thanks to strong growth in Georgia and Uzbekistan.
Read moreTBC Bank buys remaining 49% of Payme for $55.7m
23rd May 2023 11:38
(Sharecast News) - TBC Bank said it had agreed to buy the remaining 49% of Uzbekistan payments firm Payme in for $55.7m in cash.
Read moreTBC posts 'robust' first-quarter results
11th May 2023 09:58
(Sharecast News) - TBC Bank Group reported "robust" first-quarter numbers on Thursday, after it benefited from strong growth across the Georgian economy.
Read moreTBC Bank Group ends year in 'strong' position
22nd Feb 2023 07:33
(Sharecast News) - Georgia-focussed TBC Bank Group released a strong set of 2022 financial results on Wednesday, reporting that despite a one-off tax charge of GEL 113m (£35.51m), its net profit rose 24% year-on-year to GEL 1bn, with a return on equity of 27.0%.
Read moreTBC Bank signs $100m loan agreement with AIIB
19th Dec 2022 10:51
(Sharecast News) - TBC Bank said on Monday that its subsidiary, JSC TBC, has signed a $100m loan agreement with Asian Infrastructure Investment Bank, marking AIIB's first ever transaction with a commercial bank in Georgia.
Read moreTBC Bank tumbles as EBRD sells stake in placing
22nd Nov 2022 09:15
(Sharecast News) - TBC Bank tumbled on Tuesday after the European Bank for Reconstruction & Development sold 850,000 shares in the Georgian lender in an accelerated bookbuild.
Read moreDirector dealings: FirstGroup CEO makes £75k investment
10th Nov 2022 15:26
(Sharecast News) - Passenger transport operator FirstGroup disclosed a share purchase made by its chief executive officer on Thursday, worth almost £75k.
Read moreTBC Bank reports 'robust' third quarter performance
4th Nov 2022 11:15
(Sharecast News) - TBC Bank reported a continued, "robust" financial performance in its third quarter on Friday, with net profit totalling GEL 321m (£104.85m), making for 55% annual growth, driven by both interest and non-interest income streams.
Read moreTBC Bank Q2 profits fall, announces share buyback programme
12th Aug 2022 07:24
(Sharecast News) - Georgian bank TBC Bank posted lower second-quarter pre-tax profits on Friday on the back of increased operating expenses but chose to reiterate both medium-term and full-year targets.
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