TBC 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.
Read moreTBC Bank maintains guidance after 'solid' first quarter
18th May 2022 10:20
(Sharecast News) - TBC Bank reported a "solid start" to the year on Wednesday, with first quarter net profit rising 46% year-on-year to GEL 224m (£61.04m).
Read moreTBC Bank profits soar on strong income, economic recovery
18th Feb 2022 08:03
(Sharecast News) - TBC Bank said annual profit more than doubled in 2021, driven by strong income and a recovery in the Georgian economy.
Read moreTBC Bank signs $50m loan agreement with Proparco
1st Feb 2022 09:33
(Sharecast News) - TBC Bank Group has signed a loan agreement for $50m with Proparco, it announced on Tuesday, ti finance investments and the working capital needs of Georgian small and medium-sized businesses.
Read moreTBC Bank Q3 profits rise on higher operating income
18th Nov 2021 09:24
(Sharecast News) - TBC Bank reported a rise in third quarter profits driven by increased operating income spread across all revenue categories, further supported by recoveries in loan provision charges.
Read moreTBC Bank witnesses record high profitability in Q2
18th Aug 2021 09:30
(Sharecast News) - Georgan bank TBC Bank said on Wednesday that it had seen record high profitability in the second quarter of its trading year, driven by strong revenue generation and improved performance on its asset quality side.
Read moreTBC Bank swings to profit as return on equity turns positive
18th May 2021 07:40
(Sharecast News) - TBC Bank Group reported profit of GEL 153m (£31.74m) in its first quarter on Tuesday, swinging from a loss of GEL 57m a year earlier, as its return on average equity improved to a positive 20.3% from a negative 8.8% year-on-year.
Read moreTBC Bank slumps as EBRD cuts stake in Georgian lender
4th Dec 2020 09:52
(Sharecast News) - Shares of TBC Bank fell on Friday after the European Bank for Reconstruction and Development (EBRD) cut its stake in the Georgian lender, selling 1.65m shares in an accelerated bookbuild on the London Stock Exchange.
Read moreTBC profit rises on higher income, lower credit loss
18th Nov 2020 08:18
(Sharecast News) - TBC Bank's third-quarter profit rose by a fifth as Georgia's biggest lender increased income and set aside less for credit losses.
Read moreFTSE 250 movers: Investors bank profits in TBC, Qinetiq extends sharp rally
12th Nov 2020 16:22
(Sharecast News) - London's second-tier index dipped on Thursday, as investors paused for breath following a sharp rally in stocks from their recent lows on the back of news of a breakthrough in developing a vaccine against Covid-19.
Read moreTBC Bank deputy CEO, CFO Shagidze to leave
14th Jul 2020 16:03
(Sharecast News) - TBC Bank said on Tuesday that deputy chief executive officer and chief financial officer Giorgi Shagidze plans to leave at the end of the year "to explore other opportunities in a different field and/or geography".
Read moreTBC Bank launches operations in Uzbekistan
29th Jun 2020 07:29
(Sharecast News) - TBC Bank Group announced on Monday that it has launched its banking operations in Uzbekistan, initially in a pilot mode for "friends and family", with plans to extend its services to the broader population in August.
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