TBC Bank gets Uzbekistan banking licence
21st Apr 2020 08:13
(Sharecast News) - TBC Bank Group announced on Tuesday that its subsidiary, TBC Bank in Uzbekistan, has obtained its banking licence and was planning to launch banking operations in June.
Read moreTBC Bank executive waives rights to 2020 bonuses
6th Apr 2020 09:02
(Sharecast News) - TBC Bank updated the market on its executive remuneration plans on Monday, in light of the ongoing Covid-19 coronavirus pandemic.
Read moreTBC Bank creates extra loan buffer amid Covid crisis
3rd Apr 2020 13:50
(Sharecast News) - TBC Bank Group said on Friday that the measures it had implemented in the last three weeks had allowed it to alter its day-to-day operations, in a bid to adapt to the current "unprecedented" operating environment, while maintaining the health, safety and wellbeing of its staff and customers.
Read moreTBC grants '3-month grace period' for payments to customers amid coronavirus crisis
18th Mar 2020 08:15
(Sharecast News) - TBC Bank announced a series of contingency measures on Wednesday to try to offset the impact of the COVID-19 coronavirus on the company and its staff and customers including a "3-month grace period" for principle and interest payments.
Read moreTBC profit growth aided by solid Georgian economy
20th Feb 2020 08:31
(Sharecast News) - Georgian retail lender TBC Bank Group reported a surge in full-year underlying profits on Thursday after lending was supported by a solid economic backdrop across the region.
Read moreTBC Bank enters ?24m loan agreement with European Investment Bank
24th Dec 2019 07:50
(Sharecast News) - TBC Bank Group announced on Tuesday that its subsidiary, JSC TBC Bank, has signed a loan agreement for the equivalent of GEL 90m (£24.37m) with the European Investment Bank (EIB).
Read moreFee income drives rise in TBC Bank Q3 earnings
14th Nov 2019 09:09
(Sharecast News) - Third quarter net profit at Georgia's TBC Bank rose to GEL 126.8m (£33.3m) from GEL 107.4m a year earlier driven by an increase in net fee and commission income, which offset lower net interest earnings.
Read moreFTSE 250 movers: Metro Bank chugs higher, Provident Financial sinks
20th Sep 2019 14:17
(Sharecast News) - London's FTSE 250 was 0.11% higher at 20,112.56 in afternoon trade on Friday, with Metro Bank leading the index higher.
Read moreTBC Bank buys 65% of Georgia's My Group
19th Aug 2019 07:05
(Sharecast News) - Georgia's TBC Bank on Monday said it was buying a 65% stake in domestic e-commerce company My-ge for GEL 19.45m (£5.47m) in cash, valuing the company at £29.93m.
Read moreTBC Bank interims rise on stronger lending
15th Aug 2019 07:57
(Sharecast News) - A rise in mortgage lending helped Georgian lender TBC Bank report an18.8% rise in underlying net interim profit as its loan book increased.
Read moreWednesday broker round-up
5th Jun 2019 13:33
(Sharecast News) - IMI: Goldman Sachs upgrades to buy with a target price of 1,180p.
Read moreTBC Bank's first quarter profit jumps on loan book strength
13th May 2019 08:06
(Sharecast News) - TBC Bank on Monday recorded a jump in first quarter profits on the back of loan book growth and increases to fee & commission and interest income.
Read moreTBC Bank acquires Uzbekistani payment platform
10th Apr 2019 12:13
(Sharecast News) - Georgian universal bank TBC Bank has agreed to acquire more than half of LLC Inspired, a leading payment platform in Uzbekistan trading under the name Payme.
Read moreThursday broker round-up
21st Feb 2019 15:04
(Sharecast News) - Sainsbury: Berenberg downgrades to hold with a target price of 235p.
Read moreGeorgia's TBC Bank reports rise in FY profits boosted by income
21st Feb 2019 09:08
(Sharecast News) - Georgia-based TBC Bank Group on Thursday said full year profits rose 21.5% to GEL 437.4 m (£126m) driven by strong income generation and improved cost efficiency.
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