TBC Bank increases profit amid strong business growth in Uzbekistan

Georgian banking group TBC Bank has demonstrated strong financial performance growth in the first quarter of 2025. According to the published data, the bank's net profit increased by 7% compared to the same period last year and amounted to GEL 319 million. A key factor in the positive dynamics was the successful expansion of operations in Uzbekistan, which is one of the priorities of the group's international strategy.

In Uzbekistan, the bank continues to strengthen its position by developing the digital ecosystem and expanding the range of financial services provided. TBC Bank's operating income in this market increased by 118% year-on-year, reaching GEL 161 million. Net profit amounted to GEL 42 million, which is 129% higher than in the first quarter of 2024.

The growth was achieved thanks to an increase in consumer lending, active attraction of depositors and the launch of new digital solutions. The Bank also relies on mobile and online services, which allows it to effectively compete with traditional market players and attract new audiences.

Uzbekistan remains one of the most promising markets for TBC Bank, and the current results confirm the high efficiency of the chosen development model. The Bank intends to continue investing in local infrastructure and expanding its customer base, which will allow it to maintain positive dynamics in subsequent quarters.