This is a commercial banking firm in Georgia, offering products such as insurance, investment banking and brokerage services. TBC invest in technology to deliver the best digital banking experience for their clients.
Like bank of Georgia. Doing very well. Big fall today
Sharecast News) - TBC Bank tumbled on Tuesday after the European Bank for Reconstruction & Development sold 850,000 shares in the Georgian lender in an accelerated bookbuild.
EBRD said it had cut its stake in TBC to 3.5% after selling a 1.5% interest in the placing.
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Fell 12% presently down 8.5%. For anyone who maybe interested this maybe a good time to buy. Cant see it have any real effect other than short term.