Curated News
By: NewsRamp Editorial Staff
August 08, 2025

TBC Bank Group Reports Strong 2Q 2025 Growth in Georgia and Uzbekistan

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TLDR

  • TBC Bank Group PLC's 2Q 2025 net profit rose to GEL 346 million, showcasing its regional dominance and potential for shareholder value growth.
  • TBC Bank Group PLC reported a 23% YoY increase in 2Q 2025 operating income to GEL 835 million, driven by growth in Georgia and Uzbekistan.
  • TBC Bank Group PLC's expansion in Uzbekistan, reaching 21 million users, enhances financial inclusion and digital banking in Central Asia.
  • TBC Uzbekistan's digital ecosystem now ranks among the world's top fintech companies, a first for Central Asia, with 20.8 million registered users.

Impact - Why it Matters

The financial success and expansion of TBC Bank Group PLC in Georgia and Uzbekistan highlight the growing importance of digital banking ecosystems in emerging markets. For readers, this underscores the potential for digital financial services to drive economic growth and financial inclusion in regions like Central Asia. The group's achievements also reflect the increasing competitiveness of fintech companies on a global scale, offering insights into the future of banking and financial services.

Summary

TBC Bank Group PLC, a leading financial services group in Georgia and the largest digital banking ecosystem in Uzbekistan, has announced its unaudited consolidated IFRS financial results for the second quarter and first half of 2025. The group reported a robust performance, with a 23% year-over-year increase in operating income to GEL 835 million (USD 304 million) and a 5% rise in net profit to GEL 346 million (USD 126 million). This growth was fueled by strong performances in both Georgia and Uzbekistan, with TBC Georgia maintaining its dominance in the Georgian market and TBC Uzbekistan expanding its digital banking ecosystem to 21 million unique registered users, marking it as a leader in Central Asia.

Key highlights include TBC Georgia's net profit increase to GEL 332 million (USD 121 million) and TBC Uzbekistan's operating income surge to GEL 170 million (USD 62 million), up by 86% YoY. The group's strategic initiatives in Uzbekistan, such as the launch of new products and the acquisition of a majority stake in BILLZ, Uzbekistan's leading SaaS platform, underscore its commitment to building a world-class digital ecosystem. The inclusion of TBC Uzbekistan in CNBC and Statista's list of the world's top fintech companies further validates its success and innovation in the digital banking sector.

Source Statement

This curated news summary relied on content disributed by citybiz. Read the original source here, TBC Bank Group Reports Strong 2Q 2025 Growth in Georgia and Uzbekistan

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