TBC Releases its Sustainability Report 2023

TBC Bank Group PLC
04 June 2024
 

TBC Releases its Sustainability Report 2023

TBC Bank Group PLC ("TBC PLC") is pleased to announce the publication of its Sustainability Report 2023, which is available at www.tbcbankgroup.com. The report provides an in-depth account of the group's Environmental, Social and Governance ("ESG") activities, structured in accordance with the Global Reporting Initiative ("GRI") standards.

Vakhtang Butskhrikidze, Chief Executive Officer of TBC Bank, commented:

"Our commitment to sustainability comes from our role in creating opportunities for transitioning to a sustainable, technology and innovation-driven economy. We aim to increase the resilience of households, businesses, and society towards future challenges, and to provide young generations with the means to pursue their goals in a safe and prosperous environment. In 2023, our main focus was on increasing the sustainable loan portfolio volume, enhancing climate-related financial disclosures, strengthening employee diversity, and developing programs for technological education and green financing expertise. We believe that our accomplishments contribute to our role as a leading supporter of ESG principles in our region, and we remain committed to this aspiration."


 


For further enquiries, please contact:

Director of Investor Relations

Andrew Keeley

 

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. TBC PLC also offers non-financial services via TNET, the largest digital ecosystem in Georgia. Since 2019, TBC PLC has expanded its operations into Uzbekistan by operating fast growing retail digital financial services in the country. 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 39.1% of customer loans and 39.5% of customer deposits as of 31 March 2024, according to data published by the National Bank of Georgia on the analytical tool Tableau.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings