TBC Bank Holds Media Seminar

On September 2, at Rooms Hotel Tbilisi, TBC Bank held a seminar for Georgian media representatives on the topic of the Stock Exchange.

The first part of the introductory seminar focused on TBC Bank achieving the London Stock Exchange Premium listing, with presentations made by Vakhtang Butskhrikidze, CEO of TBC Bank and Giorgi Shagidze, Deputy CEO of TBC Bank.

The second part of the seminar covered the work and mission of TBC Capital - presented by Avtandil Gigineishvili, Head of TBC Capital and Former Managing Director of Jefferies International, and Temo Cheishvili, a former team member at world- leading banks: Barings and ING, together with Vasil Revishvili, a former team member of Pictet Asset Management, one of the leading Swiss financial groups, who made a presentation on the investment fund recently created by TBC.

While speaking about the importance of being in the premium listing of the London Stock Exchange (LSE), both Butskhrikidze and Shagidze underlined the crucial impact of this fact for the country and its economical development. Entering the premium listing is not only beneficial to the Banks and their clients and customers, but also has a strong positive impact on Georgia’s image internationally. Two of the country’s major banks, TBC and Bank of Georgia, are listed on the LSE, which for TBC means that over 100 investors are either collaborating already or plan to do so in the future, “a result of the hard work that TBC Bank has carried out over its years of existence,” the TBC representatives said.

During his presentation, Gigineishvili explained the necessity of developing the capital market in Georgia, with TBC Capital having a major objective and role in fostering the process.

Nino Gugunishvili