TBC Bank has been named as the leading trade finance partner bank in Georgia for the fifth time by Asian Development Bank.

TBC Bank was recognized by the ADB's Trade Finance Program (TFP) with the Leading Partner Bank Award in Georgia for 2019. The Bank recorded the highest number of TFP-supported transactions for the period 1 July 2018 to 30 June 2019.

The awards ceremony was held in Singapore 3 September and attended by about 200 representatives of different banks and financial institutions from 15 countries. ADB's TFP recognized 20 partner banks, which ADB cooperates more actively, with 23 different awards.

Since 2009, ADB's TFP has supported more than 15,000 SMEs across developing Asia—through over 21,000 transactions valued at over $36 billion—in sectors ranging from commodities and capital goods, to medical supplies and consumer goods. For more information, visit the TFP website. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans and grants amounting to $21.6 billion. Established in 1966, it is owned by 68 members—49 from the region.