TBC Bank
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TBC Bank JSC is the second biggest universal bank in Georgia, second only to Bank of Georgia . The Bank offers a wide range of banking products and is owned by International Finance Corporation (IFC), German Investment and Development Company (DEG), and Georgian individuals.
TBC Bank was established in 1992; within a decade it became one of the largest banks in Georgia, maintaining its position ever since and holding 25,3% of the country’s banking assets, 26,4% of the country’s credit portfolio and 25,0% of the country’s banking deposits.
TBC Bank’s outstanding performance indicators reflect superior growth in the bank's franchise, strong increase in business lending and retail funding, the bank's good risk management track record, improving operating environment and well-diversified funding base. TBC Bank capitalized on its greater mobility and faster decision-making to gradually gain a substantial market share. The Bank has positioned itself as a bank with a young and progressive-minded professional management team.
The history of TBC Bank has been 15 years of novelties and success:
The first Bank in Georgia holding ISO certificate; The leading Bank in modern technological services; Innovator in co-branded banking products development; Represented in various segments of the financial sector: Insurance company GPI Holding, TBC Leasing, TBC Broker, Investment Bank; The first Georgian company to receive international rating; FitchRatings: B+, stable; Moody’s: B3 and Ba1; The only bank in Georgia with The Banker’s (Financial Times Group) Best Bank for Georgia awards for 2002, 2003, 2004 and 2005; One of the best nineteen banks of Asian nominated by the Global Finance magazine.
Today TBC Bank faces a very important task of leading the company through the new stage of development: transforming the bank into the second transnational financial institution in Georgia.
