TBC Bank Group PLC (TBCG.L) Friday reported profit before tax of GEL 402.29 million for the second quarter, higher than GEL 390.29 million in the same quarter a year ago.
Net profit increased to GEL 340.86 million or GEL 6.07 per share from GEL 324.59 million or GEL 5.91 per share last year.
Total credit loss allowance was GEL 118.58 million, up from GEL 31.57 million last year.
Net interest income grew 27% to GEL 581.80 million from GEL 458.11 million a year ago. Net fee and commission income rose 26.1% to GEL 155.63 million from GEL 123.39 million, and net insurance income increased 54.3% year-on-year to GEL 14.04 million.
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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.