TBC Bank Group Announces a 2Q 2025 Net Profit of 346 Million Georgian Laris (equivalent to USD 126 Million), with a robust revenue expansion in Georgia and Uzbekistan driving their success.

TBC Bank Group Announces a 2Q 2025 Net Profit of 346 Million Georgian Laris (equivalent to USD 126 Million), with a robust revenue expansion in Georgia and Uzbekistan driving their success.

TBC Bank Group PLC, a leading financial services provider in Georgia, has solidified its position as the largest digital banking ecosystem in Uzbekistan. The group's operations in Uzbekistan have seen significant growth, particularly in the second quarter of 2025.

As of mid-2025, TBC Bank Group holds a 5.1% market share in retail loans and a 4.1% share in the retail deposit market in Uzbekistan. The group's gross loan portfolio in Uzbekistan has doubled year-on-year, reaching GEL 2.5 billion (USD 905 million) by June 30, 2025, while deposits increased by 86% to GEL 1.3 billion (USD 492 million).

In the digital sphere, TBC Uzbekistan's digital banking ecosystem now boasts 21 million unique registered users, making it one of the largest in Central Asia. The group's flagship debit card and daily banking product, Salom Card, has exceeded expectations, issuing over 0.5 million cards as of the end of June 2025.

The strong performance in Uzbekistan contributed significantly to TBC Bank Group's financial results for 2Q 2025. The group reported a net profit of GEL 346 million (USD 126 million), a 5% year-over-year increase, with an ROE of 24.58%. TBC Uzbekistan accounted for 9% of the Group’s net profit and 20% of its total operating income.

The group's gross loans increased to GEL 28.5 billion (USD 10.5 billion), a 16% year-over-year growth on a constant currency basis. TBC Uzbekistan's operating income for 2Q 2025 was GEL 170 million (USD 62 million), accounting for 20% of the Group's total.

Retail consumers in Georgia also showed a significant increase in digital engagement. As of the end of 2Q 2025, 81% of consumer loans were issued fully digitally, up by 13 pp year-over-year.

The group's total customer deposits also increased to GEL 23.3 billion (USD 8.6 billion), a 14% year-over-year growth on a constant currency basis. TBC Uzbekistan's deposit portfolio accounted for 13% of TBC Bank Group's retail deposit portfolio.

TBC Bank Group's robust financial metrics and promising growth prospects are reflected in its market capitalization of approximately USD 2.66 billion. Analyst outlooks are optimistic, projecting a 25% upside potential from current stock prices.

In summary, TBC Bank Group is solidifying its leadership in Georgia and rapidly expanding its footprint in Uzbekistan, supported by strong profit growth and digital banking expansion in 2025.

1. ffnews.com might publish an article about TBC Bank Group's strategic expansion in the finance and investing sectors, specifically focusing on their growth in Uzbekistan's business and technology landscape.
2. With TBC Bank Group's impressive growth in digital banking and retail loans in both Georgia and Uzbekistan, technology-focused investors may find their stocks appealing for potential long-term investing opportunities.

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