TBC Bank Group PLC (TBCG.L) Friday reported profit before tax of GEL 390.29 million for the second quarter, higher than from GEL 349.27 million in the same quarter a year ago, primarily driven by rise in net interest income as well as net fee and commission income.
Operating income rose to GEL 678.43 million from GEL 586.77 million last year.
Net profit increased to GEL 329.3 million from GEL 293.09 million a year ago.
Net interest income grew 14.7 percent to GEL 458.11 million from GEL 399.34 million last year, while net fee and commission income rose to GEL 123.4 million from GEL 105.64 million.
The Board has declared an interim dividend of GEL 2.55 per share, payable in November 2024.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.