TBC Bank
Encyclopedia
TBC Bank JSC is the largest, privately held, universal bank in Georgia
. The Bank offers a wide range of banking products and is owned by International Finance Corporation
(IFC), German Investment Corporation
(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.
Today TBC Bank faces a very important task of leading the company through the new stage of development: transforming the bank into the transnational financial institution.
Georgia (country)
Georgia is a sovereign state in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the southwest by Turkey, to the south by Armenia, and to the southeast by Azerbaijan. The capital of...
. The Bank offers a wide range of banking products and is owned by International Finance Corporation
International Finance Corporation
The International Finance Corporation promotes sustainable private sector investment in developing countries.IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States....
(IFC), German Investment Corporation
German Investment Corporation
Deutsche Investitions- und Entwicklungsgesellschaft translates into German Investment Corporation. DEG is a member of KfW Bank Group , an arm of the government of the Federal Republic of Germany....
(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.
Today TBC Bank faces a very important task of leading the company through the new stage of development: transforming the bank into the transnational financial institution.