- Business
- TBC Bank Group PLC is a leading financial services provider in Georgia and Uzbekistan that offers a comprehensive range of banking, insurance, and leasing products to retail, corporate, small and medium-sized enterprise (MSME), and micro-business customers. The Group operates through its principal subsidiary JSC TBC Bank, which provides deposits, loans, foreign exchange, hedging, factoring, cash collection, brokerage, and card processing services; TBC Insurance, Georgia's leading retail non-health insurer offering non-health, health, reinsurance, and asset management products; and TBC Leasing, which delivers financial leasing, operating leasing, sale and leasebacks, and asset finance solutions nationwide via dealerships, vendors, and bank branches. In Uzbekistan, the Group runs a digital banking platform under TBC Uzbekistan, including the Space app, Osmon credit cards, Salom debit cards, business lending products, and integrations with acquired fintech platforms serving over 21 million unique registered users. Founded in 1992 as Tbilisi Business Centre and restructured with TBC Bank Group PLC incorporated in 2016 as the parent company listed on the London Stock Exchange (ticker: TBCG), the Group is headquartered at 100 Bishopsgate, London, England, with primary operations in Tbilisi, Georgia. Recent developments include the June 2025 acquisition of a majority stake in BILLZ, Uzbekistan's leading retail management SaaS platform, for up to $12 million to enhance its digital ecosystem; the August 2025 formation of a joint venture with Titan Investments to acquire 100% of OLX Uzbekistan, a major online marketplace with 5.4 million monthly active users, positioning TBC with 50%+1 share for consolidation into its Uzbekistan operations; launches of new lending and card products in Uzbekistan; and declaration of a 3Q 2025 quarterly dividend following record 9M 2025 profits of GEL 1,033 million.