Market Rumours

RNS Number : 3703J

TBC Bank Group PLC

08 September 2016

 

Market Rumours The European Union Market Abuse Regulation EU 596/2014 requires TBC Bank to disclose that this announcement contains inside information, as defined in that Regulation TBC Bank Group PLC (the "Company") (LSE: TBCG) a leading universal banking group in Georgia, confirms that it is in discussions regarding the potential acquisition of JSC Bank Republic, a member of the international group Société Générale, although the terms of any potential agreement have not yet been agreed. A further announcement will be made when appropriate. If you have any questions, please contact: TBC Bank Group PLC Head of Investor Relations Anna Romelashvili  [e-mail] About TBC Bank Group PLC TBC Bank Group PLC is a public limited company registered in England and Wales that was incorporated in February 2016. As of 10 August 2016, TBC Bank Group PLC is the parent company of TBC Bank. About TBC Bank Joint Stock Company ("TBC Bank") TBC Bank, together with its subsidiaries, is one of the leading universal banking groups in Georgia, with a total market share of 28.2% of loans and 29.3% of non-banking deposits in Georgia as at 30 June 2016, according to data published by the NBG. It holds the number one position in deposits of individuals, the number two position in loans (both to individuals and to legal entities) and in deposits of legal entities, according to NBG data, and has a particular expertise in the fast-growing SME and micro sectors, where TBC Bank considers itself a market leader.

Contact Details: If you have any questions or if you need additional information please contact [e-mail] or visit our website www.tbcbankgroup.com

 

END

 

 

MSCAKFDDABKDKCK