TBC Bank Group Achieves Significant Growth in Georgia and Uzbekistan with 2Q 2025 Net Profit of GEL 346 Million

TBC Bank Group PLC has announced its unaudited consolidated IFRS financial results for the second quarter and first half of 2025, showcasing a net profit of GEL 346 million (USD 126 million). This performance underscores the Group's strong top-line growth in Georgia and Uzbekistan, reinforcing its status as a leading financial services provider in the region.

The Group's operating income reached GEL 835 million (USD 304 million) in the second quarter, marking a 23% increase year-over-year. This growth was propelled by TBC Georgia's consistent profitability and the dynamic expansion of TBC Uzbekistan's digital ecosystem. TBC Georgia reported a net profit of GEL 332 million (USD 121 million), up by 3% year-over-year, with a return on equity (ROE) of 23.9%. Meanwhile, TBC Uzbekistan's operating income surged by 86% year-over-year to GEL 170 million (USD 62 million), contributing 20% to the Group's total.

Digital engagement in Georgia has seen a significant uptick, with 81% of consumer loans issued fully digitally by the end of the second quarter, a 13 percentage point increase year-over-year. In Uzbekistan, the digital banking ecosystem now boasts 21 million unique registered users, solidifying its position as Central Asia's leading digital banking platform. TBC Uzbekistan's net profit rose by 36% year-over-year to GEL 32 million (USD 12 million), with an ROE of 20.0%.

The Group's 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 its digital ecosystem. These efforts have earned TBC Uzbekistan a spot on the prestigious list of the world's top fintech companies, a first for an Uzbek or Central Asian business.

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