TBC Bank Services and Solutions Overview

TBC Bank offers a wide range of services and solutions to cater to the diverse needs of its customers. The bank's services include personal banking, corporate banking, and investment banking, among others.

TBC Bank's personal banking services include accounts, loans, and credit cards, which are designed to help individuals manage their finances effectively. The bank's online banking platform allows customers to access their accounts and perform various transactions from the comfort of their own homes.

TBC Bank's corporate banking services include account management, cash management, and trade finance, which are tailored to meet the unique needs of businesses. The bank's experienced team provides expert advice and support to help companies achieve their financial goals.

TBC Bank's investment banking services include asset management, securities trading, and mergers and acquisitions, which are designed to help individuals and companies grow their wealth.

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At TBC Bank, you can get a range of services to help you manage your finances and achieve your goals.

They offer personal banking services, including current and savings accounts, loans, and credit cards.

Their team is available to provide you with expert advice and support to help you make the most of their services.

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TBC Leasing was established by TBC Bank in January 2004 with a total asset value of GEL 0.5 million.

The Bank currently owns an 89.5% equity interest in TBC Leasing.

TBC Leasing is headquartered in Tbilisi, Georgia.

The remaining 10.5% of TBC Leasing is held by the EBRD.

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Online Banking has been consistently recognized for its excellence. It received an award as one of the best online banking services in Central and Eastern Europe from 2012 to 2015.

TBC Кредит offers a range of financial services. It was acquired by TBC Bank in 2007, when it was known as SOA Kredit.

TBC Кредит has a long history, dating back to 1999 when it started conducting credit operations in Azerbaijan. The company was a non-banking credit organization at the time.

TBC Bank's acquisition of 75% of TBC Кредит in 2007 marked a significant milestone for the company.

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TBC Bank's revenue has been steadily increasing over the years, from $786.76 million in 2023 to $881.30 million in 2024.

Their profit before tax has fluctuated, with a slight decrease from $574.14 million in 2023 to $550.12 million in 2024, but their adjusted EPS has shown a more consistent growth, rising from 771.18 cents in 2023 to 834.05 cents in 2024.

Their P/E ratio has remained relatively stable, ranging from 4.60 to 4.70, and their EPS growth has been positive, increasing by 8% in 2024.

Here's a breakdown of TBC Bank's recent dividends:

TBC Bank Group Plc has reported a revenue of $881.30 million for the year ending 31/12/2024, a significant increase from $786.76 million in 2023.

The company's profit before tax was $550.12 million in 2024, compared to $574.14 million in 2023, indicating a slight decline.

The bank's adjusted earnings per share (EPS) were 834.05 cents in 2024, up from 771.18 cents in 2023, representing an EPS growth of 8.00%.

TBC Bank Group Plc's price-to-earnings (P/E) ratio was 4.70 in 2024, slightly higher than the 4.60 ratio in 2023.

Here's a breakdown of the company's financial performance:

The company's dividend yield was 7.40% for the year ending 31/12/2024, with a dividend cover of 2.89.

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Let's dive into the financial data of TBC Bank Group PLC. The company's sales by activity paint a picture of their revenue streams.

The retail segment has seen a significant increase in sales, reaching 77Cr in 2023, up from 44Cr in 2019.

Corporate Segment sales have also grown steadily, reaching 74Cr in 2023, up from 33Cr in 2019.

The Micro, Small and Medium Enterprises (MSME) segment has shown a moderate increase in sales, reaching 35Cr in 2023, up from 22Cr in 2019.

One notable development is the addition of Uzbekistan Operations, which contributed 17Cr to sales in 2023.

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

TBC Bank has a strong governance structure in place. The bank is led by a Board of Directors, which is responsible for setting the overall direction and strategy of the company.

The Board of Directors is composed of experienced professionals with a deep understanding of the banking industry. They bring a wealth of knowledge and expertise to their roles.

TBC Bank's governance framework is designed to ensure transparency, accountability, and good corporate governance practices.

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The Board of Directors at TBC Bank Group PLC is composed of experienced individuals with diverse backgrounds. Vakhtang Butskhrikidze has been a Director/Board Member since January 1, 2016.

The average age of the Board members is around 58 years old, with the oldest being 71-year-old Janet Heckman, who joined the Board on February 23, 2023.

Arne Berggren, the Chairman of the Board, has been in the position since March 1, 2021. He brings a wealth of experience to the role.

Here's a breakdown of the Board members:

The youngest member of the Board is 46-year-old Nino Suknidze, who joined on November 25, 2021.

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Companies like TBC Bank Group PLC are notable for their structure. TBC Bank Group PLC is a group of companies.

TBC Bank Group PLC consists of several companies, including TBC BANK JSC and TBC Capital LLC. TBC Capital LLC is an investment bank that provides brokerage services.

TBC Capital LLC is based in Tbilisi, Georgia, and is led by CEO Levan Shanidze. TBC Bank JSC is a major bank that is part of the TBC Bank Group PLC.

Here's a brief overview of the companies under TBC Bank Group PLC:

TBC Bank Group PLC has a clear organizational structure with its companies working together.

The Executive Committee of PLC is responsible for overseeing the company's overall strategy and direction. This committee is led by Vakhtang Butskhrikidze, who has been serving as the CEO since January 1, 2016, at the age of 55.

Vakhtang Butskhrikidze has been at the helm of the company for over six years, bringing a wealth of experience to the role. He has been instrumental in shaping the company's vision and goals.

The committee also includes Giorgi Megrelishvili, who serves as the Director of Finance/CFO, a position he has held since October 28, 2020. His role involves overseeing the company's financial operations and ensuring its financial stability.

Here is a brief overview of the Executive Committee members:

The company's Investor Relations team is also part of the Executive Committee, with Giorgi Gureshidze and Andrew Keeley serving as Investor Relations Contacts.

TBC Bank has a strong commitment to social responsibility, particularly in its home country of Georgia.

The bank founded TBC Fund with GEL 5 million to help victims of the 2008 war.

TBC Fund later raised an additional GEL 3 million for its programs.

TBC Bank also co-founded the annual literature award, SABA, which rewards the best literature works of the year since 2003.

This award has been a significant contribution to Georgia's literary scene, promoting and celebrating the country's writers and their work.