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TBCG - TBC Bank News Story

990p 5.0  0.5%

Last Trade - 25/09/20

Sector
Financials
Size
Mid Cap
Market Cap £546.0m
Enterprise Value £1.37bn
Revenue £307.1m
Position in Universe 493rd / 1808

BRIEF-TBC Bank Qtrly Net Profit Up 23.8 Pct, Revises Loan Growth Rate Forecast

Thu 15th November, 2018 7:31am
Nov 15 (Reuters) - TBC Bank Group PLC  TBCG.L :
    * NET PROFIT FOR 3Q 2018 UP BY 23.8% YOY TO GEL 107.4
MILLION
    * QTRLY RETURN ON EQUITY (ROE) AMOUNTED TO 21.2% VERSUS
19.8%
    * QTRLY COST TO INCOME WAS 37.4% VERSUS 40.5% IN Q3 2017
    * QTRLY NET INTEREST MARGIN STOOD AT 6.9% VERSUS 6.2% IN Q3
2017
    * REVISING MEDIUM TERM ANNUAL LOAN GROWTH RATE GUIDANCE TO
10-15%
    * GROWTH OF GEORGIAN ECONOMY REMAINS SOLID DESPITE INCREASED
UNCERTAINTIES IN REGION, CONTRACTIONARY FISCAL POLICY

Source text for Eikon:  ID:nRSO4488Ha 
Further company coverage:  TBCG.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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