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TBC Bank Group PLC (TBCG.L)

TBCG.L on London Stock Exchange

1,716.00GBp
23 May 2018
Change (% chg)

-40.00 (-2.28%)
Prev Close
1,756.00
Open
1,722.00
Day's High
1,742.00
Day's Low
1,688.00
Volume
26,607
Avg. Vol
44,750
52-wk High
1,930.00
52-wk Low
1,520.00

Latest Key Developments (Source: Significant Developments)

TBC Bank Says Q1 Net Profit Amounted To GEL 97.5 Mln
Thursday, 17 May 2018 02:01am EDT 

May 17 (Reuters) - TBC Bank Group PLC ::REITERATE MEDIUM-TERM TARGETS: ROE OF ABOVE 20%, COST TO INCOME RATIO BELOW 40%, DIVIDEND PAY-OUT RATIO OF 25-35%, LOAN BOOK GROWTH AT AROUND 15%.Q1 NET PROFIT AMOUNTED TO GEL 97.5 MILLION VERSUS GEL 96.6 MILLION IN Q1 2017.Q1 NET INTEREST INCOME OF GEL 175.4 MILLION VERSUS GEL 142.3 MILLION YEAR AGO.Q1 NET INTEREST MARGIN (NIM) STOOD AT 6.9% VERSUS 6.6 PERCENT IN Q1 2017.GROSS LOANS AND ADVANCES TO CUSTOMERS STOOD AT GEL 8,432.9 MILLION AS OF 31 MARCH 2018, UP BY 18.4% YOY.  Full Article

TBC Bank Group ‍Q3 underlying net profit up 29 pct
Thursday, 16 Nov 2017 02:06am EST 

Nov 16 (Reuters) - Tbc Bank Group Plc :‍underlying net profit for 3q 2017 up by 29.0% yoy to gel 88.0 million​.‍total assets amounted to gel 12,136.9 million as of 30 september 2017, up by 60.0% yoy and 7.6% qoq​.‍gross loans and advances to customers stood at gel 7,767.6 million as of 30 september 2017, up by 55.2% yoy​.Qtrly ‍net interest margin (nim) stood at 6.2%​.‍net loans to deposits + ifi funding stood at 91.6% and net stable funding ratio (nsfr) stood at 134.5% at sep-end​.Tbc bank group plc - as at sept 30 ‍npls stood at 3.5%, down by 1.1 pp yoy and up by 0.1 qoq​.‍total customer deposits stood at gel 7,096.5 million as of 30 september 2017, up by 54.5% yoy​.‍ q3 total operating income amounted to 207.1 million up by 28.0% yoy​.Tbc bank group plc - as at sept 30 ‍regulatory tier i and total capital adequacy ratios stood at 10.8% and 14.5% respectively​.‍ q3 underlying cost to income ratio stood at 39.8%​.Q3 ‍cost of risk on loans stood at 1.3%​.  Full Article

TBC Bank signs syndicated loan agreement of $106.5 million
Friday, 20 Oct 2017 06:56am EDT 

Oct 20 (Reuters) - Tbc Bank Group Plc :‍TBC BANK SIGNS SYNDICATED LOAN AGREEMENT OF USD 106.5 MILLION WITH FMO AND OFID​.‍FMO FUNDING ENABLES TBC BANK TO FURTHER SUPPORT MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE (MSME) FINANCING IN GEORGIA​.  Full Article

UPDATE 1-Georgia's TBC Bank FY profit buoyed by strong lending, economic growth

Feb 22 TBC Bank Group Plc, Georgia's largest retail bank, reported a jump in full-year net profit, buoyed by robust lending, and maintained its medium-term targets in a growing economy.