OREANDA-NEWS. On 14 April 2009 was announced, that international financial institutions: IFC, EBRD, and FMO have partnered to provide TBC Bank with a financial package of up to USD 161 million.

The funds received will strengthen TBC Bank’s capital base and will support the bank in increasing its activities in the small and medium-sized enterprises sector.

As a result of this transaction, TBC Bank’s shares are held by six major financial institutions: IFC, DEG, EBRD, FMO, one of the largest American bank and one of the world's leading investment managers. However, the majority of the shares are still owned by Georgian shareholders.