TBC Bank Reports on its CSR Activities for 2016

TBC Bank presented its CSR activities and projects to the general public and media representatives at the Bank’s head office on Monday.

Having corporate social responsibility among its top priorities, TBC Bank claims to share the same practice as Barclays, HSBC, Deutsche Bank and others with regards to its CSR investment and policy.

Corporate Social Responsibility tends to have a positive impact on the spheres that are important and interesting for society in general. The projects supported by TBC Bank are diverse: the support and development of business initiatives, assistance in education and professional development for the young, support of arts and culture, and the popularization and promotion of rugby as a sport are among the projects the bank financed through the years 2015-2016.

“According to the research we’ve undertaken, we have identified the problematic issues and themes that are of interest for our society, specifically the ones where we think we could make a positive impact,” said Teo Lejava, CSR Manager, TBC Bank. “We have unified those themes in four major directions: support for the small and medium size businesses, support to the new generation, assistance to the arts and culture, and support and promotion of Rugby. Our employees are always very actively involved in the social responsibility projects that we realize, and I would highlight the renovation of the Mziuri Park project, and the “Write in Georgian” (წერე ქართულად) initiative, both extremely successful largely to the feedback we received from our staff. With our CSR projects, we aim to have a long-term strategy for corporate social responsibility.”

Video footage with all the projects realized under the TBC Bank’s CSR strategy for the 2015 -2016 period was shown during the event, featuring the Business Awards 2016, online platform “statusdonates.ge,” two of Niko Pirosmani’s paintings being restored, support to the Georgia’s Mountain Resorts development, partnering with the Tbilisi State Ballet, assistance to the young inventors contest Leonardo Da Vinci and assigning aof one year scholarships to its winners, just to name a few.

TBC also offers partnership-oriented social projects for professional development, giving employees the chance to study abroad at the TBC Academy- ‘TBC Employees for TBC Employees,’ as well as assistance for large families and more.

“During its 25 years existence, TBC Bank has implemented many charitable initiatives; it has always been our philosophy, but we’ve also realized that corporate social responsibility needs a different approach, different management and different responsibility,” said Mamuka Khazaradze, Co -Founder and Chairman of TBC Bank. “While we studied the experience of our international partners, it appeared that, in many ways, we’ve been innovators. We think that reporting on the CSR activities we did will bring more new ideas and projects that could be jointly initiated and realized in the future.”

“We are delighted that the success of our Ballet is related to TBC Bank; for us it’s extremely important to have such a great supporter and partner as they are,” said Nina Ananiashvili, Prima Ballerina.

TBC Bank promises to actively continue to support CSR projects throughout 2017, and, as Mamuka Khazaradze noted, will regularly report to the public, thus ensuring the transparency of the process.

Nino Gugunishvili