TBC Bank Group PLC 2023 AR2

The report highlights TBC Bank Group PLC's record financial performance in 2023, achieving a profit of GEL 1,140 million and a return on equity of 26.5%. The company expanded its digital footprint, reaching 5.9 million monthly active customers, with significant growth in its Uzbekistan operations where TBC UZ turned profitable. In sustainability, the company increased its sustainable financing portfolio by 57% year-on-year to GEL 1.23 billion, exceeding its target of GEL 1 billion. Additionally, the company calculated its financed emissions for the first time in line with PCAF standards and established the ESG Academy to promote green financing.

Company: TBC Bank Group PLC

Sector: Financials

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 211

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TBC Bank Group PLC

TBC Bank Group PLC 2023 Annual Report

Annual Report

The report highlights TBC Bank Group PLC's record financial performance in 2023, achieving a profit of GEL 1,140 million and a return on equity of 26.5%. The company expanded its digital footprint, reaching 5.9 million monthly active customers, with significant growth in its Uzbekistan operations where TBC UZ turned profitable. In sustainability, the company increased its sustainable financing portfolio by 57% year-on-year to GEL 1.23 billion, exceeding its target of GEL 1 billion. Additionally, the company calculated its financed emissions for the first time in line with PCAF standards and established the ESG Academy to promote green financing.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Women on Board

Women in Management

Net Zero Target

Employees