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RNS Number : 0324R TBC Bank Group PLC 04 June 2024
TBC Releases its Sustainability Report 2023
TBC Bank Group PLC ("TBC PLC") is pleased to announce the publication of its
Sustainability Report 2023, which is available at www.tbcbankgroup.com
(https://www.tbcbankgroup.com/esg/sustainability-reports/) . The report
provides an in-depth account of the group's Environmental, Social and
Governance ("ESG") activities, structured in accordance with the Global
Reporting Initiative ("GRI") standards.
Vakhtang Butskhrikidze, Chief Executive Officer of TBC Bank, commented:
"Our commitment to sustainability comes from our role in creating
opportunities for transitioning to a sustainable, technology and
innovation-driven economy. We aim to increase the resilience of households,
businesses, and society towards future challenges, and to provide young
generations with the means to pursue their goals in a safe and prosperous
environment. In 2023, our main focus was on increasing the sustainable loan
portfolio volume, enhancing climate-related financial disclosures,
strengthening employee diversity, and developing programs for technological
education and green financing expertise. We believe that our accomplishments
contribute to our role as a leading supporter of ESG principles in our region,
and we remain committed to this aspiration."
For further enquiries, please contact:
Director of Investor Relations
Andrew Keeley
Or
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
(file:///C%3A/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 39.1% of customer loans and 39.5% of
customer deposits as of 31 March 2024, according to data published by the
National Bank of Georgia on the analytical tool Tableau.
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