REG - TBC Bank Group PLC - JSC TBC Bank releases 2M 2024 IFRS results

TBC BankAnnouncement

27/03/2024 12:15

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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
(http://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
(file:///C:/Users/NGikoshvili/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/OZXDEM6G/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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