TBC Bank wins multiple awards for Best Private Banking in Georgia
TBC Bank is delighted to announce that it has won a number of prestigious awards from leading industry magazines. We have received the Best Private Bank in Georgia 2022 award from Global Finance magazine for the third year in a row and have also been named the Best Private Bank in Georgia 2021 by PWM and The Banker magazines for the sixth time since 2014.
Vakhtang Butskhrikidze, CEO, TBC Bank, commented:
“We are delighted to receive these distinguished awards in recognition of our excellent track record in delivering sophisticated and personalized private banking services, with a strong focus on digital offerings.”
Joseph Giarraputo, publisher and editorial director of Global Finance, said:
“High-net-worth individuals have responded to the global health crisis in myriad ways, including new demands for a wider array of sustainable investment options and increasingly sophisticated digital services. Our annual awards recognize the private banks that are rising to the occasion.”
Yuri Bender, Editor-in-Chief, Professional Wealth Management of Financial Times Group, said:
“The judges noted the recent structure at TBC, integrating the wealth management business into the corporate and investment banking segment, in order to better serve clients with a combined offer. The availability of group-sourced products such as green bonds and the work which the bank is doing with start-ups, vital to the economy of a developing nation, were also highlighted.”
About PWM and The Banker magazines’ Private Banking Awards
The annual awards recognize players that are emerging as industry leaders in private banking. Private banks operating in Europe, Asia, North America, Middle East, Latin America and Africa, or globally, are evaluated against a set of growth and performance measures, as well as on their particular private banking services. Further information on the Private Banking Awards can be found on the following website: http://www.privatebankingawards.com.
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 35 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
For further enquiries, please contact:
Director of International Media and Investor Relations
Zoltan Szalai
Or
Head of Investor Relations
Anna Romelashvili
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 and other closely related fields. TBC PLC also recently expanded its operations in Uzbekistan. 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 38.1% of customer loans and 37.8% of customer deposits as of 30 June 2021, according to data published by the National Bank of Georgia.