TBC Bank

The company is actively working on the continuous development of green financing in order to create green opportunities for business – to attract resources with green goals with the help of which it will be possible to encourage private companies, provide financial benefits and technical assistance, and ultimately reduce the negative impact caused by the business activities of clients. 

Since 2007, TBC has raised GEL 700 million in total. 

During the 2022 fiscal year, green projects worth GEL 35 million have been financed. 

TBC is actively working on the technical development of green financing and developed and approved a green credit issuance procedure in 2022. In addition, the company has developed an innovative calculation and validation tool which allows us to confirm the green goals of a loan and calculate greenhouse gas (GHG) emissions savings under standard measures in a short timeframe without the involvement of specialists. 

During 2022, the greenhouse gas emissions savings of the projects financed with the funds raised by TBC amounted to 8,847.4 tCO₂/y. 

TBC is a leading partner of local renewable energy products and has the largest business portfolio of renewable energy projects (hydroelectric power plants) in Georgia amounting to GEL 610 million and representing 71 percent of the country’s renewable energy project market. The company is also actively involved in the financing of energy and resource-efficient projects for our retail and business customers.