TBC Bank JSC : Named the Best Bank in Georgia 2016 by Global Finance Magazine for Fifth Consecutive Year

TBC Bank has been named the Best Bank in Georgia 2016 by Global Finance magazine in the publication's exclusive survey, the World's Best Emerging Markets Banks 2016. This is the fifth consecutive and eighth total win for TBC Bank in the Best Bank category.

According to the publication's announcement, the editors of Global Finance chose the winning banks with input from industry analysts, corporate executives and banking consultants. Criteria for selection included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. The exclusive survey of the World's Best Emerging Markets Banks will be published in the magazine's May 2016 issue.

'Georgia's TBC Bank continued its stellar performance in 2015, increasing profits by 38% while improving its cost-to-income ratio and growing loans and customer advances by more than 25%. TBC has proven its commitment to the Georgian market-and to all of its stakeholders,' said Joseph D. Giarraputo, publisher and editorial director of Global Finance.

Vakhtang Butskhrikidze, the Bank's Chief Executive Officer, commented, 'We are proud to receive this distinguished award for the fifth time in a row. This prestigious award from Global Finance magazine serves as recognition that TBC Bank continues to deliver strong financial performance and maintain its longstanding leadership in innovation and customer experience. I would also like to take this opportunity to thank the entire TBC Bank team for their continued investment in the Bank's growth and development.'

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 163 countries. Global Finance's audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website - GFmag.com - offers analysis, articles and awards that are the heritage of 27 years of experience in international financial markets and provides a valuable source of data on 192 countries. Global Finance is headquartered in New York, with offices in London and Milan. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.