TBC 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.
Read moreFriday broker round-up
15th Feb 2019 13:01
(Sharecast News) - Whitbread: Deutsche Bank downgrades to hold with a target price of 5,250p.
Read moreTBC Bank under investigation over historical transactions
9th Jan 2019 07:49
(Sharecast News) - TBC Bank has been fined and is being inspected by the Georgian regulator and Office of Public Prosecution over allegations that certain historical transactions broke conflict-of-interest rules.
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