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TBC August BiznessMag

TBC August BiznessMag

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Published by gavrielhoran

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Published by: gavrielhoran on May 28, 2012
Copyright:Attribution Non-commercial

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07/15/2013

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AUGUST 2011

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A
s a journalist I get to meetover the world. When I wasfrom TBC Bank--the leading univer-sal bank of Georgia in the FSU—Iwas intrigued. Being somewhat famil- bordering Turkey and Russia fromGeorgia haveone of the fastest grow-of the U.S. and Israel in the region — the main highway in the countrys called George W. Bush Avenue!unbelievably high rate of guaranteedreturns on short term CDs.
CD!”
After our brief yet informative meet-there may not be one.After taking one look at the list of -holders all doubts were vanquishedfrom my mind. TBC Bank is jointly

--ank for Reconstruction and Devel---f Georgia—all of whom sit on the board of directors and are involved inTBC Bank was established in 1992---ts clients. Alllocal Georgian bor-rowers of the bank must have assets behind all loans resulting in a badlower than any U.S. lending institu-tion.he bank conforms to all inter-national banking standards includingEBRD and the World Bank. Fur--ent: all information is available byandthey are audited annually by Price-TBC was named the #1 reformer by11th out of 183 countries in Ease-countries and 26
th
in the world by-
TBC’s Israeli Debut
-continuing their already large andgrowing number of Israeli clients.To date over 300 Israelis utilize-

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