TBC Bank Group PLC 2024 AR2
The report highlights TBC Bank Group PLC's strong financial and operational performance in 2024, achieving a record net profit of GEL 1.3 billion and a return on equity of 25.6%. The group maintained its market leadership in Georgia with a loan book growth of 14% on a constant currency basis, while rapidly scaling its digital banking ecosystem in Uzbekistan, where the loan book more than doubled. TBC advanced its ESG strategy, expanding its sustainable loan portfolio by 40.5% year-on-year to GEL 1.73 billion and launching its first ESG Academy course. Additionally, the group made significant progress in integrating AI solutions across its operations and enhancing its corporate governance and risk management frameworks.
Company: TBC Bank Group PLC
Sector: Financials
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 193
TBC Bank Group PLC
Annual Report
The report highlights TBC Bank Group PLC's strong financial and operational performance in 2024, achieving a record net profit of GEL 1.3 billion and a return on equity of 25.6%. The group maintained its market leadership in Georgia with a loan book growth of 14% on a constant currency basis, while rapidly scaling its digital banking ecosystem in Uzbekistan, where the loan book more than doubled. TBC advanced its ESG strategy, expanding its sustainable loan portfolio by 40.5% year-on-year to GEL 1.73 billion and launching its first ESG Academy course. Additionally, the group made significant progress in integrating AI solutions across its operations and enhancing its corporate governance and risk management frameworks.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees