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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  TBC Bank Group PLC    TBCG   GB00BYT18307

TBC BANK GROUP PLC (TBCG)
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TBC Bank : wins Best Bank in Georgia 2018 award from Euromoney

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07/12/2018 | 05:24am EST

TBC Bank has been named the Best Bank in Georgia in 2018 by Euromoney magazine. This award is recognition of TBC Bank's leading position in the market, outstanding financial performance and commitment to the highest industry standards.

Euromoney: 'Another year of excellent results and impressive innovation earn market leader TBC Bank the country award for Georgia once again.'

'We are proud to receive this prestigious award from Euromoney, which is an acknowledgement of our strong financial results and competitive advantages including superior customer experience and best-in-class digital capabilities', commented Vakhtang Butskhrikidze, TBC Bank's Chief Executive Officer.

TBC Bank has won the Best Bank in Georgia award from Euromoney seven times since 2011.

About Euromoney

For almost 50 years, Euromoney has been the leading publication for covering the growth of international finance. Over the past 12 months its coverage has included interviews with close to 100 bank CEOs, ministers of finance and central bank governors around the world.

Euromoney's Awards for Excellence are the awards that matter to the banks and bankers who matter. They were established in 1992 and were the first of their kind in the global banking industry. This year Euromoney received almost 1,500 submissions from banks in an awards programme that covers 20 global awards, more than 50 regional awards, and best bank awards in close to 100 countries.

For further enquiries, please contact:

Director of International Media and Investor Relations Head of Investor Relations
Zoltan Szalai Anna Romelashvili
ir@tbcbank.com.ge ir@tbcbank.com.ge

About TBC Bank Group PLC ('TBC PLC')

TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank ('TBC Bank') on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG.

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 37.8% of loans and 38.9% of non-banking deposits as at 31 March 2018, according to data published by the National Bank of Georgia.

Disclaimer

TBC Bank Group plc published this content on 12 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 July 2018 09:23:04 UTC

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Financials (GBP)
Sales 2018 300 M
EBIT 2018 221 M
Net income 2018 122 M
Debt 2018 -
Yield 2018 4,61%
P/E ratio 2018 6,28
P/E ratio 2019 5,26
Capi. / Sales 2018 2,61x
Capi. / Sales 2019 2,34x
Capitalization 783 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 20,1  GBP
Spread / Average Target 38%
EPS Revisions
Managers
NameTitle
Vakhtang Butskhrikidze Chief Executive Officer & Executive Director
Mamuka Khazaradze Chairman
Giorgi Shagidze Chief Financial Officer & Executive Director
Badri Japaridze Deputy Chairman
Nicholas Enukidze Senior Independent Non-Executive Director
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