LONDON, UK: TBC Bank Group , a leading banking group in Georgia and the region, has announced that it has acquired the remaining 49% stake in LLC Inspired, the Group’s payments subsidiary operating under the Payme brand (“Payme”) in Uzbekistan. The deal was completed on May 22, 2023, following the signing of a Sales and…
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TBC Bank
TBC Bank (Georgian: თიბისი ბანკი) is a Georgian bank headquartered in Tbilisi, Georgia. The name, TBC Bank, traces its root to its original name, Tbilisi Business Centre, dating back to 1992. Currently, TBC is registered as the official name of the bank, not just an abbreviation of the original name. It is listed on the London Stock…
TBC has launched banking operations in Uzbekistan
LONDON, UK: TBC Bank Group announced that its subsidiary, JSCB TBC Bank has launched its banking operations in Uzbekistan, initially in a pilot mode for “friends and family”, and plans to extend its services to the broader population in August 2020. “In line with our asset-light and highly digitalized strategy, we will be serving our…
TBC obtains banking licence in Uzbekistan
LONDON, UK: TBC Bank Group; subsidiary TBC Bank in Uzbekistan, has obtained its banking licence and is planning to launch banking operations in June 2020. TBC’s strategy is to establish a greenfield, next-generation banking ecosystem for retail and MSME customers in Uzbekistan with a primary focus on digital and partnership-driven channels. Given the current operating…