TBC Bank

Georgia, Brazil Financial services

TBC Bank is a leading Georgian universal bank headquartered in Tbilisi, Georgia. It provides services to over 700,000 customers in its four business segments: corporate, retail, SME and micro.

  • Active
  • Exited

MicroVest GMG Local Credit Fund Limited

We are invested in TBC Bank through MicroVest GMG Local Credit Fund Limited, which is managed by MicroVest GMG Capital Management. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries:
Brazil, Georgia
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
MicroVest GMG Local Credit Fund Limited
Fund Manager:
MicroVest GMG Capital Management
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
March 2013
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Georgia

Cordiant Emerging Loan Fund IV

We are invested in TBC Bank through Cordiant Emerging Loan Fund IV, which is managed by Cordiant. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries:
Brazil, Georgia
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Cordiant Emerging Loan Fund IV
Fund Manager:
Cordiant
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
March 2014
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Georgia