TBC Bank Group Achieves Significant Growth in 2Q 2025, Driven by Digital Expansion in Georgia and Uzbekistan

TBC Bank Group PLC has announced its unaudited consolidated IFRS financial results for the second quarter and first half of 2025, revealing a net profit of GEL 346 million (USD 126 million). This performance underscores the Group's robust growth trajectory, fueled by its leading position in Georgia and the expanding digital banking ecosystem in Uzbekistan.

The Group's operating income reached GEL 835 million (USD 304 million) in the second quarter, marking a 23% increase year-over-year. This growth is attributed to the highly profitable operations in Georgia and the dynamic expansion of digital services in Uzbekistan. TBC Bank Group's ability to deliver exceptional value to its shareholders while strengthening its regional dominance is evident in these results.

In Georgia, TBC Bank continues to lead the financial services sector, with a net profit increase to GEL 332 million (USD 121 million), up by 3% year-over-year. The bank's gross loans portfolio grew to GEL 26.0 billion (USD 9.5 billion), and customer deposits increased to GEL 22.0 billion (USD 8.1 billion), reflecting an 11% growth in both categories on a constant currency basis. The digital engagement among retail consumers in Georgia has significantly risen, with 81% of consumer loans issued fully digitally.

Uzbekistan's digital banking ecosystem, under TBC Bank Group, has shown remarkable growth, with operating income surging to GEL 170 million (USD 62 million), an 86% increase year-over-year. The ecosystem now boasts 21 million unique registered users, solidifying its position as Central Asia's leading digital banking platform. TBC Uzbekistan's net profit increased to GEL 32 million (USD 12 million), with the gross loan portfolio reaching GEL 2.5 billion (USD 905 million), up by 105% year-over-year.

The Group's strategic initiatives in Uzbekistan, including the launch of new products and acquisitions like the majority stake in BILLZ, Uzbekistan's leading SaaS platform for businesses, highlight its commitment to building a world-class digital ecosystem. The recognition of TBC Uzbekistan in the prestigious list of the world's top fintech companies by CNBC and Statista further validates the Group's innovative approach and leadership in the digital banking sector.

For more information on TBC Bank Group's financial performance and strategic initiatives, visit https://www.tbcbankgroup.com.