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TBCG - TBC Bank News Story

987p -27.0  -2.7%

Last Trade - 11:33am

Sector
Financials
Size
Mid Cap
Market Cap £559.3m
Enterprise Value £1.40bn
Revenue £312.8m
Position in Universe 504th / 1807

BRIEF-TBC Bank Signs A Strategic Partnership Agreement

Wed 25th July, 2018 4:55pm
July 25 (Reuters) - TBC Bank Group PLC  TBCG.L :
    * TBC BANK SIGNS A STRATEGIC PARTNERSHIP AGREEMENT
    * SIGNS A CONDITIONAL STRATEGIC PARTNERSHIP AGREEMENT WITH
NIKOIL
BANK TO DEVELOP ITS AZERBAIJANI BUSINESS
    * PARTNERSHIP INCLUDES MERGER OF TBC BANK'S AZERBAIJANI
UNIT, TBC
KREDIT, WITH NIKOIL BANK, WHICH REMAINS SUBJECT TO APPROVAL OF
AUTHORITIES
    * AFTER MERGER TBC BANK WOULD OWN UP TO 10PCT OF MERGED
ENTITY

Source text for Eikon:  ID:nRSY7811Va 
Further company coverage:  TBCG.L 

 (Reporting by Samantha Machado)
 ((Reuters.Briefs@thomsonreuters.com;))
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