Launching Macroeconomic and Financial Sector Research
TBC Bank Group PLC ("TBC PLC") is pleased to announce the launch of TBC Research, a new initiative providing analysis of developments in the Georgian economy and its various sectors, as well as in the region. TBC Research is a joint project which brings together the skills and experience of TBC Bank Economic Team and TBC Capital and covers topics of interest for both corporate customers and investors, as well as a broader audience.
TBC Research comprises two main sections: macro reports and TBC Capital reports.
The macro reports include:
· A comprehensive report on the Georgian economy and financial sector, which covers related topics from a relatively long-term perspective and will be updated periodically;
· Quick and monthly updates to be published on a regular basis;
· TBC economic review, which will provide analysis focusing on more recent developments in the macroeconomic environment and will be updated on a semiannual basis; and
· Thematic reports, which will be published periodically.
The TBC Capital reports section includes publications covering analysis of various sectors of the economy as well as reports on financial markets. New publications will be released periodically.
TBC Research publications are available on www.tbcresearch.ge. If you wish to receive TBC Research reports, please subscribe on our website.
For further enquiries, please contact:
Head of Investor Relations
Anna Romelashvili
[email protected]
About TBC Bank Economic Team
TBC Bank Economic Team is a dedicated unit of TBC Bank, focused on macro-financial analysis - the interaction between economic activity and financial sector performance.
TBC Bank Economic Team is headed by Otar Nadaraia, TBC Bank's chief economist. Otar has extensive experience in macro-financial analysis. He worked for 14 years at the National Bank of Georgia and held various positions in the fields of macro research and financial sector oversight. For the last 7 years Otar served as NBG deputy governor and board member.
About TBC Capital
TBC Capital is TBC Bank's wholly-owned investment banking subsidiary and licensed brokerage firm. In 2017 TBC Capital became an integral part of TBC Bank's Corporate and Investment Banking Group. Its main lines of business include corporate finance and credit rating advisory, debt and equity capital markets, brokerage, and research.
The main objective of TBC Capital Research is to deliver a holistic view of the risks and opportunities related to economic sectors, in particular companies and capital markets in Georgia and the region. The TBC Capital Research team is committed to serving customers with expertize and an independent approach tailored to address investor and company needs.
TBC Capital is headed by Irakli Elashvili, who has more than 15 years of works experience in Georgia, United Kingdom, and Azerbaijan, including working in global universal investment banks.
About TBC Bank Group PLC ("TBC PLC")
TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG.
TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 37.8% of loans and 38.9% of non-banking deposits as at 31 March 2018, according to data published by the National Bank of Georgia.
