TBC Bank Wins Two Awards from EMEA Finance Magazine: Best Bank in Georgia 2013 and Corporate Social Responsibility Award 2013 in Central and Eastern Europe & CIS

TBC Bank has been honored with two outstanding awards from EMEA Finance magazine in its Europe Banking Awards 2013. The Bank was named the Best Bank in Georgia for the third consecutive year and was also selected for Best Corporate Social Responsibility (CSR) in the Central and Eastern Europe & CIS region. TBC Bank is the first Georgian company to receive regional recognition for its CSR efforts in these annual awards.
“TBC Bank has a lot to be happy about in its 2013 performance. Its growing loan book is providing valuable support to local companies and entrepreneurs, and its dominance in the retail deposits space shows that it remains a name trusted across the market. With excellent growth in its profitability as well, it is a worthy winner of our Best Bank in Georgia award for a third year.

Furthermore, the variety of initiatives launched to help its local communities means we are proud to name TBC as the first Georgian bank to receive our Corporate Social Responsibility award,” said Tim Burke, Editor, EMEA Finance.

“We are honored to win the prestigious Best Bank in Georgia Award from EMEA Finance for the third consecutive year. We are especially pleased to receive the award for Best Corporate Social Responsibility within the wider, CEE & CIS region – the first Georgian company ever to be awarded for achievements in CSR on a regional scale. This international recognition reinforces our determination to continue delivering outstanding results, while maintaining our traditional focus on sustainable corporate practices and policies,” commented Vakhtang Butskhrikidze, CEO, TBC Bank.

EMEA Finance is a bi-monthly magazine focused on the financial markets in Europe, the Middle East and Africa. The EMEA Finance Europe Banking Awards program is in its sixth year in 2013. This year, TBC Bank was named a winner among such institutions as Barclays, HSBC, Credit Suisse, Raiffeisen Bank International and Citi.