OREANDA-NEWS. May 14, 2012. Magazine EMEA Finance Named TBC Bank as the Best bank of Georgia in 2011. The magazine evaluated TBC Bank according to its success in international financial markets and its leading positions in retail and SME deposits.

Magazine, EMEA Finance is published by Exporta Publishing and Events, which is the main source for capital market analysis in Europe, the near East and Africa (EMEA).

TBC Bank JSC is the largest, privately held, universal bank in Georgia. The Bank offers a wide range of banking products and is owned by International Finance Corporation (IFC), German Investment Corporation (DEG), and Georgian individuals.

TBC Bank was established in 1992; within a decade it became one of the largest banks in Georgia, maintaining its position ever since and holding 25,3% of the country’s banking assets, 26,4% of the country’s credit portfolio and 25,0% of the country’s banking deposits.

TBC Bank’s outstanding performance indicators reflect superior growth in the bank's franchise, strong increase in business lending and retail funding, the bank's good risk management track record, improving operating environment and well-diversified funding base. TBC Bank capitalized on its greater mobility and faster decision-making to gradually gain a substantial market share. The Bank has positioned itself as a bank with a young and progressive-minded professional management team.