(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has injected US$60 million into TBC Bank Georgia’s public placement of US$300 million Additional Tier 1 (AT1) capital notes, marking TBC’s return to international capital markets since 2019. This investment, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, GEORGIA, investment, partnership, TBC Bank
(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, GEORGIA, partnership, Paweł Herczyński, SME, sustainability, TBC Bank, Teresa Czerwinska, Vakhtang Butskhrikidze
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is strengthening its collaboration with Georgia’s leading financial institution, TBC Bank, by providing a $30 million (€28.1 million) financing facility. This funding is aimed at bolstering TBC Bank’s capital base … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Alkis Vryenios Drakinos, Climate Governance, EBRD, GEORGIA, partnership, sustainability, TBC Bank, Vakhtang Butskhrikidze
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) The EBRD, IFC, and TBC Bank Group have invested an additional $28.3 million in TBC Bank Uzbekistan, solidifying the bank’s position in Uzbekistan’s banking industry and promoting further digitalization of the country’s banking sector. The capital injection follows … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, News, Technology, United Kingdom
Tagged EBRD, IFC, TBC Bank, TBC Bank Uzbekistan
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