TBC Bank Group Investor Day: Targets 15%+ Loan Growth, 23%+ ROE and Teases Uzbekistan IPO Option

Incoming TBC Georgia CEO George Tkhelidze, who has led corporate and investment banking (CIB) at TBC and previously served as chief risk officer, said the bank has averaged 26% return on equity over the past five years and grown loans and deposits at mid-teens rates. He cited 37% market share across loans and deposits and said TBC is the number one player in leasing and insurance in Georgia.Butskhrikidze described Georgia as an attractive banking market, citing an outlook of 5% real GDP growth over the next ...