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TBC Bank

Sector: Manufacturing (Industrial) • Location: Georgia

Source: International Finance Corporation (IFC)

Project
Active

_x000C_IFC is a shareholder of TBC Bank (TBC or the Bank), Georgia’s second-largest with over $1 billion in total assets. This project (involving a potential IFC investment of up to $70 million) presents a significant opportunity for IFC to help ensure TBC’s more sustainable growth and, indirectly, support the development of the banking system in Georgia (an IDA country) by:

  • helping to strengt

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Project Information

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The project “TBC Bank” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Georgia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Original status

active

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Email

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Description

Description

_x000C_IFC is a shareholder of TBC Bank (TBC or the Bank), Georgia’s second-largest with over $1 billion in total assets. This project (involving a potential IFC investment of up to $70 million) presents a significant opportunity for IFC to help ensure TBC’s more sustainable growth and, indirectly, support the development of the banking system in Georgia (an IDA country) by: - helping to strengthen TBC’s capital base and to meet its liquidity needs in the current difficult market; - working with TBC to implement a solution for its longer term funding needs; and - introducing resourceful strategic partnerships which would support TBC’s growth with stable sources of long-term funding and operational excellence.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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