TBC Bank Group Achieves Significant Growth in 2Q 2025, Driven by Digital Expansion in Georgia and Uzbekistan

TBC Bank Group PLC has announced its unaudited consolidated IFRS financial results for the second quarter and first half of 2025, revealing a net profit of GEL 346 million (USD 126 million). This performance underscores the Group's robust growth in Georgia and Uzbekistan, fueled by its leading digital banking ecosystem and financial services.

The Group's operating income reached GEL 835 million (USD 304 million) in 2Q 2025, marking a 23% increase year-over-year. This growth is attributed to the highly profitable operations in Georgia and the dynamic expansion of the digital ecosystem in Uzbekistan. TBC Georgia, maintaining its dominance in the Georgian financial sector, reported a net profit of GEL 332 million (USD 121 million), up by 3% YoY, with a return on equity (ROE) of 23.9%.

In Uzbekistan, TBC Bank's digital ecosystem continues to flourish, with operating income soaring to GEL 170 million (USD 62 million), an 86% increase YoY. The ecosystem now serves 21 million unique registered users, reinforcing its position as Central Asia's leading digital banking platform. The net profit in Uzbekistan grew by 36% YoY to GEL 32 million (USD 12 million), contributing significantly to the Group's overall performance.

The digital engagement among retail consumers in Georgia has seen a notable increase, with 81% of consumer loans issued fully digitally in 2Q 2025, up by 13 percentage points YoY. Meanwhile, TBC Uzbekistan's gross loan portfolio expanded to GEL 2.5 billion (USD 905 million), a 105% increase YoY, highlighting the rapid adoption of digital financial services in the region.

Strategic initiatives in Uzbekistan, including the launch of new products and the acquisition of a majority stake in BILLZ, Uzbekistan's leading SaaS platform for businesses, have further strengthened TBC Bank's market position. The recognition of TBC Uzbekistan in the list of the world's top fintech companies by CNBC and Statista marks a significant milestone for the Group and the region.

For more information on TBC Bank Group's financial performance and strategic initiatives, visit https://www.tbcbankgroup.com.