TBC Bank Group Share News (TBCG)
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Mon, 04th Dec 2023 17:18
TBC Bank Group PLC - financial services in Georgia and Uzbekistan - Signs a EUR100 million loan with Proparco. Say the loan facility bears a maturity of seven years and will be primarily used to finance climate related investments and female entrepreneurs in Georgia.
Current stock price: 2,675.00 pence
12-month change: up 21%
By Sophie Rose, Alliance News senior reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
(Sharecast News) - Shares of TBC Bank fell on Friday after the European Bank for Reconstruction and Development (EBRD) cut its stake in the Georgian lender, selling 1.65m shares in an accelerated bookbuild on the London Stock Exchange.
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Read more(Sharecast News) - TBC Bank's third-quarter profit rose by a fifth as Georgia's biggest lender increased income and set aside less for credit losses.
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Read more(Sharecast News) - TBC Bank said on Tuesday that deputy chief executive officer and chief financial officer Giorgi Shagidze plans to leave at the end of the year "to explore other opportunities in a different field and/or geography".
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