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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tbc Bank Group Plc | LSE:TBCG | London | Ordinary Share | GB00BYT18307 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
35.00 | 1.07% | 3,305.00 | 3,295.00 | 3,305.00 | 3,375.00 | 3,275.00 | 3,300.00 | 46,932 | 15:04:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTBCG
RNS Number : 6570Q
TBC Bank Group PLC
13 September 2017
Moody's upgrades TBC Bank Credit Rating
Moody's Investors Service (Moody's) has announced today that it has upgraded the credit rating of JSC TBC Bank ("TBC Bank"), subsidiary of TBC Bank Group PLC. The Bank's local-currency deposit rating has been increased to Ba2 from Ba3 and its foreign-currency deposit rating to Ba3 from B1. The ratings continue to carry a stable outlook.
This change was driven by Moody's upgrade of Georgia's government bond ratings to Ba2 stable from Ba3 stable on 11 September 2017.
For further enquiries, please contact:
Head of Investor Relations
Anna Romelashvili
ir@tbcbank.com.ge
About Moody's
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities.
About TBC Bank Group PLC ("TBC PLC")
TBC PLC is a public limited company registered in England and Wales that was incorporated in February 2016. TBC PLC became the parent company of JSC TBC Bank ("TBC Bank") on 10 August 2016. TBC PLC is listed on the London Stock Exchange under the symbol TBCG.
TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 38.0% of loans and 39.8% of non-banking deposits as at 30 June 2017, according to the data published by the National Bank of Georgia.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
September 13, 2017 08:15 ET (12:15 GMT)
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