SP Advisors Appointed as IR Advisor to Georgian TBC Bank

SP Advisors, a Kyiv-based investment bank with a focus on Eastern Europe, has been engaged by London-listed TBC Bank (TBCB LI; Georgia) as an Investor Relations Advisor.

SP Advisors will be working with the company to support its investor relations team following the bank's successful IPO on London Stock Exchange (LSE) in June this year. In addition, SP Advisors was appointed as Corporate Broker to support the bank's trading activity on the LSE and enhance contact with investors looking at the region.

"We are extremely pleased to be working with TBC Bank. The bank's highly successful IPO, which was the largest ever in Georgia, will be a big boost for a country that is already a leader in terms of attracting investment. And we feel our unique background in Georgia and strong reputation among portfolio investors will allow us to further the TBC and Georgia story", - commented Nick Piazza, CEO of SP Advisors.

"We are entering a new phase as a public company, and I'm sure our work with SP Advisors will support TBC Bank on this journey as we strengthen our position as one of the leading public banks in Georgia and the CIS", - said Vakhtang Butskhrikidze, CEO at TBC Bank.

TBC Bank is a private commercial bank of Georgia, founded in 1992 In Q1 2014 the bank's assets amounted to USD 2,539 mln, loan portfolio – USD 1,671 mln, and deposits – USD 1,575 mln.