Global Finance & Euromoney Recognize TBC Bank as Leader Trade Finance Franchise in Georgia

TBC Bank announced that it has won a number of leading awards from the leading industry magazines. TBC received the Best Trade Finance Provider in Georgia award 2020 by Global Finance and has also been named the Market Leader and Best Service Provider in the Trade Finance Survey 2020 by Euromoney. These awards recognize TBC’s top position in trade finance and emphasize its successful cooperation with international networks.

A panel of industry analysts and experts judged banks according to select criteria, which included transaction volume, scope of global coverage, customer relations, competitive pricing and use of innovative technologies.

“We are glad that TBC Bank continues to receive recognition from Global Finance,” said Deputy CEO of TBC Bank George Tkhelidze. “TBC Bank accounts for 49% of the country’s trade finance market. We have been cooperating on trade finance with all major international banks and financial institutions worldwide and within the framework of this partnership we have offered a number of products and services to our customers over the years”.

“TBC has been chosen as a winner for its outstanding contribution to the sector and continued striving for excellence,” said Clive Horwood, Euromoney editor.

Along with Global Finance and Euromoney, in the field of trade finance TBC Bank has gained international recognition as a top service provider from other financial institutions, including EBRD, ADB and Commerzbank.

About Euromoney

For almost 50 years, Euromoney has been the leading publication for covering the growth of international finance. Euromoney's Awards for Excellence are the awards that matter to the banks and bankers who matter. They were established in 1992 and were the first of their kind in the global banking industry. This year Euromoney received almost 1,500 submissions from banks in an awards programme that covers 20 global awards, more than 50 regional awards, and best bank awards in close to 100 countries.

About Global Finance

Global Finance, founded in 1987 and its audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

27 January 2020 18:50