Global Finance Magazine Named TBC Bank as the Best Bank of 2012
Global Finance magazine named TBC Bank as the best bank of 2012 in
Georgia. Such huge universal banks as Deutsche Bank, Rabobank,
Santander, Credit Suisse, etc have also won in the same nomination.
Global Finance editors—with input from industry analysts, corporate
executives and banking consultants—selected the best emerging market
bank in the region and in 21 countries.
Criteria for choosing the winners included growth in assets,
profitability, strategic relationships, customer service, competitive
pricing, and innovative products.
This is the ninteenth year that the magazine has selected top banking
performers in emerging markets. The report covers best banks in Asia,
the Middle East, Africa, Latin America, and Central and Eastern Europe.
“We remain in an unusually challenging environment for banks and their
customers,” says Joseph Giarraputo, publisher of Global Finance. “More
than ever, customers are demanding superior competence from their
banking partners. These are the banks best providing that competence.”
This is a great honor for us to receive such a prestigious award from
Global Finance Magazine. It motivates us to further strengthen our
positions in Georgia and in the region,” says Vakhtang Butskhrikidze.