Jsc Tbc Bank Customer and Employee Focus

Jsc Tbc Bank prioritizes its customers' needs, offering a wide range of services to cater to their financial requirements.

The bank's customer-centric approach is evident in its diverse product offerings, including loans, deposits, and credit cards.

Jsc Tbc Bank's employees are the backbone of its customer-centric approach, working tirelessly to provide exceptional service to customers.

With a strong focus on customer satisfaction, Jsc Tbc Bank has built a loyal customer base over the years.

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JSC TBC Bank is a leading financial institution in Georgia, founded in 1992. It has a strong presence in the country's banking sector.

The bank has a wide network of branches and ATMs, making it easily accessible to customers across Georgia. JSC TBC Bank has over 200 branches and more than 1,000 ATMs.

JSC TBC Bank offers a range of financial services, including corporate and retail banking, as well as investment and insurance services. Its corporate banking services cater to the needs of large businesses and corporations.

The bank's headquarters is located in Tbilisi, Georgia, and it has a significant presence in the country's financial market. JSC TBC Bank has a strong reputation for providing high-quality financial services to its customers.

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Let's take a closer look at the financial information related to JSC TBC Bank.

The income statement and estimates for TBCG Stock, which is a part of the TBC Bank Group PLC, are publicly available.

The company's stock market performance is categorized under equities.

TBC Bank Group PLC is the company behind TBCG Stock.

Here's a summary of the key points:

At JSC TBC Bank, the focus is on creating a positive and supportive work environment for employees. The bank offers a range of benefits to its staff, including a competitive salary, bonuses, and opportunities for professional growth and development.

The bank's commitment to its employees is reflected in its low employee turnover rate, which is a testament to the positive work culture and opportunities for advancement. Employees are encouraged to take ownership of their work and contribute to the bank's success.

As a result, JSC TBC Bank has been able to build strong relationships with its customers, who appreciate the bank's personalized service and commitment to their needs. The bank's customer-centric approach has helped it to establish a loyal customer base.

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Let's take a closer look at the sales by activity of TBC Bank Group PLC. In 2023, the bank's retail sales reached a record high of $766 million.

The corporate segment also saw significant growth, with sales increasing from $328 million in 2019 to $744 million in 2023. This is a notable increase of $416 million over the four-year period.

The Micro, Small and Medium Enterprises (MSME) segment had a more modest growth, with sales increasing from $222 million in 2019 to $350 million in 2023. This represents a growth of $128 million over the four-year period.

Interestingly, the Uzbekistan Operations segment only reported sales in 2023, with a figure of $173 million.

Here's a breakdown of the sales by activity for TBC Bank Group PLC in 2023:

These figures give us a glimpse into the sales performance of TBC Bank Group PLC across different activities.

Our customer is a business owner, specifically a small to medium-sized enterprise (SME) in Georgia.

TBC-bank is one of the largest privately owned banks in Georgia, serving this customer segment.

They have a strong presence in the SME market, having successfully acquired several banks, including Bank Constanta, Bank Republic, and Pro Credit portfolio.

This consolidation of their position in the SME market is a testament to their ability to serve and grow with their customers.

TBC-bank is listed on the Premium Segment of the London Stock Exchange, giving them access to global markets and resources.

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142 people are employed at JSC TBC Bank. Their dedicated team works hard to provide excellent service to their customers.

JSC TBC Bank is a significant employer in the area, providing jobs for 142 people. This number may seem small, but it's a vital part of the local economy.

The TBC Bank Group PLC has a diverse and experienced Board of Directors, with a total of 10 members.

Vakhtang Butskhrikidze, the longest-serving member, has been a Director since 2015. He's been in the role for over 8 years.

The youngest member of the Board is Thymios Kyriakopoulos, who joined in 2021 at the age of 50.

Here's a list of the Board of Directors members and their roles:

The Executive Committee of TBC Bank Group PLC is responsible for overseeing the company's operations and decision-making process.

Vakhtang Butskhrikidze serves as the CEO, a position he has held since 2015.

He is supported by Giorgi Megrelishvili, who took on the role of Director of Finance/CFO in 2020.

The committee also includes Investor Relations Contacts, Giorgi Gureshidze and Andrew Keeley, although their specific start dates are not specified.

Oliver Charles Hughes, a Corporate Officer/Principal, joined the committee in 2023.

Here is a brief overview of the Executive Committee members:

The Board of Directors plays a crucial role in shaping the direction of a company, and TBC Bank Group PLC is no exception. The board is comprised of highly experienced and skilled individuals.

Arne Berggren serves as the Chairman of the Board, a position he has held since February 2021. He brings a wealth of experience to the role, with a tenure spanning over 40 years in the financial sector.

The Board of Directors also includes several other notable members, including Vakhtang Butskhrikidze, who has been a Director since 2015. Tsira Kemularia joined the board in 2018, bringing her expertise to the table.

Here's a breakdown of the Board of Directors:

The average age of the Board of Directors is around 57 years old, with the youngest member being 46-year-old Nino Suknidze and the oldest being 71-year-old Janet Heckman.

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We're investing in JSC TBC Bank because of a unique opportunity to support the Central Bank's active de-dollarization policy. This policy has created a scarcity in the Georgian Lari (GEL) market, making it hard for the Bank to access local currency funding.

The Central Bank's active de-dollarization policy has led to a scarcity in the market for GEL. This scarcity is a key driver of our investment decision.

By supporting the Bank with local currency funding, we're helping to reduce the country's reliance on foreign currencies. This is a strategic move to promote economic stability and growth.

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The Bank plans to use part of the funds to reduce inequalities in the youth segment. This is a great way to make a positive impact on the community and create opportunities for young people.

By investing in JSC TBC Bank, we're contributing to the country's economic development and helping to create a more stable and inclusive financial system.

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JSC TBC Bank has been assigned the SIC codes 602 and 60. These codes categorize the bank's activities and provide a standardized way to identify its operations.

The SIC code 602 specifically relates to the bank's activities as a credit agency, while the code 60 is a more general classification for banks and credit institutions.

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The SIC code for JSC TBC Bank is 602, 60.

SIC codes are used to categorize businesses, and in the case of JSC TBC Bank, the codes 602 and 60 are relevant.

JSC TBC Bank's SIC codes can be used to understand the bank's primary business activities.

These codes can be useful for businesses, researchers, and anyone looking to categorize and understand the financial sector.

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TBC-bank has been categorized as Category B in accordance with FMO’s Sustainability Policy. This categorization is based on the level of E&S risk associated with the sectors TBC-bank invests in.

The categorization rationale is tied to the complexity of their IFC PS Triggered Transactions. FMO's Sustainability Policy is a key factor in determining the categorization.

TBC-bank will be required to apply the EDFI Exclusion List, Georgia's E&S laws and regulations, and the IFC Performance Standards Framework for the identified Triggered Transactions. This ensures that their investments meet certain environmental and social standards.

The categorization helps to mitigate potential risks and ensure that investments align with FMO's sustainability goals.

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TBC Bank is a leader in empowering women through its work environment and policies. They provide an allies and support network to ensure equal work opportunities.

TBC Bank encourages female employees to pursue promotions and be mentored by role models, increasing leadership trainings and coachings to ensure women's empowerment.

The bank believes that a family-friendly work environment is a driving factor of gender equality and women’s leadership. This is reflected in their policies that promote equality.

Women are increasingly represented in male-dominated areas of work, such as risk management and ICT. The female employees at TBC Bank have emphasized this as a very positive aspect of their work environment.

TBC Bank has introduced clear policies to promote equality and has invested actively in gender diversity. They also have leadership involvement to promote gender equality and a supportive work culture.

The loan provided to TBC Bank by OeEB in 2017 dedicated to MSME finance, with a special focus on female entrepreneurs, supported TBC's commitment to economic empowerment of women.

TBC Bank has provided financial support to 170 female-owned businesses, enabling them to grow and develop their businesses and promote gender equality within the company and beyond.

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