TBC Bank Group PLC JSC TBC Bank releases 2M 2024 IFRS results
March 27 2024 - 8:06AM
RNS Regulatory News
RNS Number : 5438I
TBC Bank Group PLC
27 March 2024
JSC TBC
Bank releases 2M 2024 IFRS results
TBC Bank Group PLC ("TBC PLC")
announces that the National Bank of Georgia ("NBG") has today
released on its website the unaudited standalone IFRS financial
results for Georgian commercial banks for 2M 2024.
According to this disclosure, JSC
TBC Bank, a wholly-owned subsidiary of TBC PLC, earned GEL
169.8 mln net profit in 2M
2024. We note that this figure is accurate but unaudited,
preliminary and subject to change, and does not reflect the full
consolidated net profit of TBC PLC.
Please note that for further
updates, monthly filings will be available at: www.nbg.gov.ge/en/page/commercial-banking-reporting.
For further enquiries, please
contact:
Director of Investor
Relations
Andrew Keeley
Or
Head of Investor
Relations
Anna Romelashvili
ir@tbcbank.com.ge
About TBC Bank Group PLC ("TBC
PLC")
TBC Bank Group PLC ("TBC PLC") is a
public limited company registered
in England and Wales. TBC PLC is the parent company
of JSC TBC Bank ("TBC Bank") and a group of companies that
principally operate in Georgia in the financial sector.
TBC PLC also offers non-financial services via TNET, the largest
digital ecosystem in Georgia. Since 2019, TBC PLC has expanded
its operations into Uzbekistan by operating fast growing
retail digital financial services in the country. TBC PLC is listed
on the London Stock Exchange under the symbol TBCG and is a
constituent of the FTSE 250 Index. It is also a member of the
FTSE4Good Index Series and the MSCI United Kingdom Small Cap
Index.
TBC Bank, together with its
subsidiaries, is a leading universal banking group in Georgia, with
a total market share of 39.3% of customer loans and
40.1% of customer deposits
as of 31 December 2023, according to data published by the National
Bank of Georgia on the analytical tool Tableau.
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