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TBCG - TBC Bank News Story

798p -21.0  -2.6%

Last Trade - 07/08/20

Sector
Financials
Size
Mid Cap
Market Cap £440.1m
Enterprise Value £245.3m
Revenue £326.6m
Position in Universe 538th / 1819

TBC Bank posts robust annual profit on loan book growth

Thu 20th February, 2020 7:19am
Feb 20 (Reuters) - Georgia's largest retail lender TBC Bank
Group  TBCG.L  posted a 20% surge in annual underlying profit on
Thursday as a strong economic backdrop in the region supported
lending.
    The FTSE 250-listed bank said underlying profit climbed to
545.1 million lari ($193.99 million) for the year ended Dec. 31,
from 454.9 million lari ($161.89 million) a year earlier.
     
($1 = 2.8100 laris)

 (Reporting by Muvija M in Bengaluru; Editing by Arun Koyyur)
 ((Muvija.M@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 80 6749 3638; Reuters Messaging:
muvija.m.thomsonreuters.com@reuters.net))
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