TBC Empowers Corporate Finance Managers with Annual Training Series

TBC has conducted a three-day annual training for financial managers of its major corporate clients. As in previous years, the sessions were organized in partnership with BDO Academy.

This year’s central theme was new standards in business management, covering topics such as:

• RPA and Digital Accounting: Data Synchronization for Tax and Financial Audits
• Key Tax Topics of 2024
• IFRS 16 – Leases

The lecture topics were selected based on a preliminary survey of the participating financial managers and delivered by BDO Academy’s expert trainers.

“TBC consistently listens to its partners and responds to their interests and needs in a timely manner. We are committed to supporting the professional development of the financial teams of our partner companies. For four consecutive years, we have been holding these targeted trainings in collaboration with BDO Academy, tailored specifically to financial managers. I am confident these sessions will support our partners in both daily operations and long-term financial planning,”
said Ketevan Kandelaki, Director of Non-Credit Business Product Management at TBC.

Turn Dreams into Plans: TBC’s New Campaign Encourages Goal-Oriented Saving

Open a Savings Account for the Things You Want – TBC’s New Campaign

Whenever we truly want something — a new item, a trip, an education, or a step forward in our career — the first question that often comes to mind is: “Where will I get the money for this?” Desires tend to come hand in hand with financial pressure.

TBC’s new campaign, “Open a Savings Account for the Things You Want,” sends a clear message: your dreams are not frivolous spending — they are meaningful goals you can prepare for in advance.

As part of the campaign, several videos and print visuals have been produced. Each one features individuals visualizing their personal aspirations and imagining the journey toward achieving them. On this path, TBC plays the role of a supportive partner — one that doesn’t question why a car tire might look like a pool float to you, or why you dream of going back to school.

We often perceive financial costs as obstacles that separate us from our dreams, making our desires feel valid only if we already have the full amount saved.
But this is where the idea of saving changes everything. It turns what seems distant into something real and achievable. A TBC savings account helps transform your wishes from burdens into actionable plans.

When your goal is clearly defined, you know exactly what you’re saving for — and that’s where the real shift begins. It’s the moment when your dreams become tangible. The more often you check in on your growing savings, the more clearly you see yourself getting closer, day by day.

Financial freedom isn’t always about a high salary or a sudden windfall. More often, it starts with small but consistent steps. That’s why a TBC savings account becomes the tool that doesn’t ask for heroism — just for you to start.
And when your starting point is tied to a goal you can see everywhere around you — everything becomes easier.

Start Saving Today with TBC Mobile Banking 

TBC’s Crash Courses for Girls: Over 140 High School Students Begin Free Tech Education

TBC has launched summer Crash Courses specifically designed for high school girls, offering them free education in cutting-edge technologies and a gateway into the most in-demand careers of the future.

To encourage wider participation, TBC collaborated with the creative agency Playmakers and partnered with Georgian influencers. Motivational videos shared on TikTok played a significant role in increasing awareness and driving registrations. As a result, over 600 girls signed up for the summer crash courses.

What Are TBC’s Crash Courses for Girls?

These online courses cover four key areas of technology and are tailored for girls in grades 9 to 12 from across Georgia—and beyond. Completely free of charge, the program equips participants with essential skills for future tech professions. Out of more than 6000 applicants, 140 girls were selected through a competitive process to begin their two-week journey in:

• Introduction to Artificial Intelligence
• Introduction to Mobile App Development
• Introduction to Web Programming: Back-End (Python & Flask)
• Introduction to Web Programming: Front-End (HTML & CSS)

TBC’s educational programs are rooted in the belief that everything is possible when you believe in your goals. The initiative empowers young women to explore new ideas, deepen their knowledge, and learn wherever they are—all while shaping the future of tech.

Social Design Days — A New Platform for Change-Oriented Design Backed by TBC

With the support of TBC, the Design Institute, in collaboration with Polish Graphic Design, hosted the first-ever Social Design Days Conference — a bold new initiative uniting change-makers across disciplines to explore how design can become a tool for social transformation.

The two-day event brought together over 400 guests and featured more than 15 sessions, including workshops and discussions. Participants included architects, designers, researchers, entrepreneurs, and representatives of the civil sector — all united around a single purpose: understanding how design can contribute to meaningful social change.

The platform aims to ignite dialogue around social design, foster cross-disciplinary collaboration, and develop creative, human-centered solutions to systemic challenges. Design, as a practical tool, has the potential to impact critical areas such as healthcare, education, urban development, cultural heritage, and the reimagining of public spaces.

Key themes of the inaugural conference included:

• Urban Spaces and Heritage
• Social Design Tools
• Branding and Social Responsibility

The event featured a diverse group of Georgian and Polish participants, including professionals, startups, and students. A strong emphasis was placed on hands-on practice — attendees co-created design solutions to real-life urban, community, and cultural challenges through collaborative workshops.

Social Design Days marks the beginning of a long-term platform that will continue through thematic meetups, public lectures, research projects, and educational programs.

The Design Institute’s vision is to create a space where professionals from various fields — including those already engaged in its initiatives — can unite around shared goals.

TBC proudly supports educational projects that empower individuals and help them grow. The brand’s mission is to encourage and uplift those who believe that through education, they can shape their own stories.

TBC Capital Publishes Macro Update: Key Trends in Georgia’s Balance of Payments

TBC Capital has published a new macroeconomic update, analyzing key developments in Georgia’s balance of payments. The report highlights significant shifts in both the current and financial accounts, with some recent dynamics diverging sharply from historical trends.

Current Account Highlights:

• While tourism revenues continue to grow moderately, exports of information and communication technology (ICT) and business services are expanding rapidly, reshaping the structure of service exports.
• The current account deficit—excluding reinvested earnings—remains significantly below its historical average.
• Despite this, the external balance deteriorated noticeably in Q1; however, the latest indicators point to improvements in Q2.

Financial Account Highlights:

• Net foreign direct investment (excluding reinvested earnings) remains subdued.
• Since 2022, Georgian residents have been increasingly purchasing foreign portfolio assets, mainly debt securities—an unusual trend for Georgia’s financial account.
• In recent periods, a significant share of the current account deficit has been financed through borrowing, across both public and private sectors.
• Foreign currency reserves have also played a role in financing; however, this trend is expected to shift in Q2 due to the National Bank of Georgia’s (NBG) large-scale USD purchases.

Detailed Insights:

In Q1 2025, the seasonally adjusted current account deficit reached 6.7% of GDP—up by 1.6 percentage points from the previous quarter’s 5.1%. The deterioration was primarily driven by a decline in labor income from abroad, a widening trade deficit in goods, and a drop in remittances. In contrast, ICT exports surged, significantly boosting the services surplus.

Latest indicators show signs of improvement in Q2:

• According to GeoStat, the trade deficit in goods shrank by 10.5% year-over-year in Q2, compared to a 16.2% increase in Q1.
• Per NBG data, remittances grew by 10% in Q2, reversing a 3.2% decline in Q1.

On the financial account side, over three-quarters of the Q1 current account deficit was financed through changes in foreign reserves, cash, and deposits. Notably, the National Bank increased its foreign exchange reserves by $377 million in Q2, largely due to USD purchases driven by stronger support for the Georgian lari. Between March and May, the NBG bought $613 million from the market, with interventions likely continuing into June and July.

As in recent periods, reinvested earnings accounted for the majority (67%) of net FDI in Q1. Portfolio investment trends are also noteworthy—Georgian residents continued acquiring foreign debt securities, which is a new development for the country’s financial profile. Partial redemption of debt securities issued by residents was also observed.

In terms of borrowing, public and private sector funding was roughly balanced in recent years, playing a key role in financing the current account deficit. However, in Q1, loan volumes grew only slightly.

🔗 Read the full publication (in Georgian)

TBC Uzbekistan Recognized Among World’s Top Fintechs by CNBC and Statista

Tashkent, Uzbekistan – 16 July 2025 – TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, announces that it has been recognized as one the world’s top fintechs in the neobanking category. TBC Uzbekistan is the first and only business from Uzbekistan and the wider Central Asia region to receive this accolade.

The World’s Top Fintech Companies list, compiled by CNBC and Statista, is an important benchmark for the fintech industry. It is based on an in-depth analysis of key performance indicators (KPIs), such as revenue, profitability and other financial metrics, as well as number of customers, loan and deposit portfolio growth, transaction volume, market share, and staffing data.

TBC Uzbekistan’s ecosystem reached 19.7 million users and includes TBC UZ, the country’s largest digital bank, digital payments app Payme, BNPL business Payme Nasiya and TBC Insurance. It was included in the world’s top fintechs list in the neobanking category, reflecting the digital banking powerhouse’s rapid growth and high profitability, as well as its commitment to bringing best-in-class, fully digital financial services to Central Asia’s most populous nation.

Nika Kurdiani, CEO of TBC Uzbekistan, commented: “It is a real honour for TBC to become the first and only business from Uzbekistan and Central Asia included in The World’s Top Fintech Companies list of 2025. We are grateful that the rapid, profitable growth we continue to achieve in the country, while staying committed to innovation, has not gone unnoticed by the international community. Uzbekistan is one of the most exciting, high-growth markets for digital financial services globally, and we are proud to be leading the way consistently raising the bar for innovative financial services in the country.  Being recognized by CNBC and Statista stands testament to both TBC’s success in Uzbekistan to date and the country’s overall development – but this is just the beginning, as we continue to diversify our product offering and build out our ecosystem.”

TBC Uzbekistan continues to expand its offering as it further builds out a comprehensive digital ecosystem for all its users’ financial and lifestyle needs. Over the past year, it has launched and scaled a wide range of new products, including Salom Card, its flagship debit card and daily banking product, Osmon Credit Card, TBC Business banking and lending, as well as TBC Insurance. In June 2025, TBC Uzbekistan also announced the acquisition of a majority stake in BILLZ, the country’s leading retail SaaS management platform, to enhance its reach into the strategically important SME segment.

About TBC Uzbekistan
TBC Uzbekistan is the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group.

TBC Uzbekistan’s success is driven by its purpose-built tech stack, experienced international team and a consumer lending-led product strategy, supported by its first-mover advantage in Central Asia’s largest nation by population. The company continues to expand its innovative, best-in-class product mix, leveraging low retail banking penetration and a rising appetite for modern financial services among the country’s young, growing, and digitally savvy population.

TBC Uzbekistan comprises high growth fintech businesses operating in Uzbekistan: TBC UZ, the country’s largest digital bank; Payme, a digital payments app for individuals and small businesses; Payme Nasiya (Payme Instalments), a fast-growing BNPL business; and TBC Insurance.

TBC Uzbekistan reached profitability 2 years after launch – a record time-to-profit among global digital banks and has since scaled its user base to 19.7 million unique registered users. In 1Q25, the company recorded operating income of USD 57 million, with its loan and deposit books up 116% and 81% YoY respectively. 

TBC Concept, Visa, and Turkish Airlines Launch Georgia’s First Premium Travel Card

TBC Concept, Visa, and Turkish Airlines Create Georgia’s First Co-Branded Travel Card
In collaboration with Turkish Airlines, TBC Concept and Visa are set to introduce another unique product — the Miles&Smiles co-branded travel card, exclusively designed for TBC Concept 360 and TBC Wealth Management clients.

The memorandum of cooperation for launching the joint travel card was signed by representatives of the three brands on June 12 in Istanbul. The official presentation of the card took place on July 17 in Tbilisi, at the TBC Concept space.

This premium metal travel card features a unique design — a first of its kind in the Georgian market — and allows cardholders to earn rewards and enjoy exclusive travel benefits worldwide.

Travel Rewards with the TBC Concept Travel Card:

Cardholders will earn rewards on transactions in Georgia under the same conditions as the new TBC Concept Visa Signature cards. For travel-related transactions, they will also earn additional Miles&Smiles miles.

Miles can be accumulated at any stage of international travel, while within Georgia, miles will be earned on hotel bookings and domestic flight transactions.

The list of international merchant categories eligible for mile accumulation includes:

• Shopping
• Transportation
• Entertainment
• Dining
• Hotels
• Travel agencies
• Grocery stores
• And more

Accumulated miles can be redeemed for:

• Turkish Airlines tickets
• Seat selection
• Class upgrades
• Extra baggage
• Purchases in the Turkish Airlines online shop

Airport and Travel Benefits of the TBC Concept Travel Card:

• 30 free visits per year to Tbilisi and other international airport lounges, with up to 4 accompanying guests per visit
• Fast-track airport access in Tbilisi and other international airports, also up to 4 accompanying guests, valid 30 times annually
• Exclusive travel offers on taxi services, international roaming, and other travel-related categories

Starting in August, clients will be able to order the card with the assistance of their personal banker.

• TBC and Georgian Rugby Set to Shine on the Global Stage: Georgia to Host the 2026 World Rugby U20 Championship
• Photo: Rugby

According to the official decision by World Rugby, Georgia will host the 2026 World Rugby U20 Championship. The rising stars of international rugby will compete in stadiums across Tbilisi and Kutaisi.

This marks the second time Georgia will host this prestigious tournament. The first occasion was in 2017, when the championship made a lasting impression both locally and internationally.

The 2026 edition will be even more significant, as the number of participating teams will increase from 11 to 16. This expansion gives Georgian fans a rare opportunity to witness the next generation of global rugby talent live on home soil.

Next year, 11 teams currently competing alongside Georgia at the ongoing U20 Championship in Italy will travel to Georgia: South Africa, France, New Zealand, England, Argentina, Australia, Wales, Italy, Ireland, Scotland, and Spain. They will be joined by four additional teams—Fiji, the USA, Japan, and Uruguay—who qualified based on their performance at last year’s Trophy tournament.

We eagerly await the 2026 World Rugby U20 Championship. TBC’s decade-long partnership with Georgian Rugby continues to thrive, and we are confident that we will offer visiting teams and fans an unforgettable experience.

For TBC, as a proud supporter of the new generation, this championship represents more than just a tournament—it’s a powerful opportunity for young Georgian players to showcase their talent on the international stage and achieve new milestones.

#WeWinTogether

TBC and VELI.store Launch a Month-Long Shopping Partnership with Exclusive Cashback Deals

TBC and VELI.store have launched a one-month partnership – don’t miss out on exclusive offers!

From July 19 to August 17, TBC’s loyal customers can enjoy special shopping deals on VELI.store.

When you pay via the VELI.store app or website using a new TBC card, a new TBC Concept card, or a Loyalty credit card, you’ll get 10% cashback on every purchase—up to 100 GEL per transaction.
However, if you’re a TBC Concept user and pay with a new Concept card or a Loyalty credit card, your cashback limit increases to 150 GEL per transaction.

TBC and VELI also have more surprises in store—look out for exciting weekly offers throughout the campaign.

Please note:
The promotion is valid only for purchases made through the VELI.store app or website, and does not apply to payments made via Apple Pay or Google Pay.

If you haven’t activated your new TBC card yet, you can instantly issue a digital card through Mobile Banking, or order a physical one from any TBC branch.

Start planning your summer shopping and make the most of these exclusive VELI.store deals with TBC.