Business
TBC Strategy Day 2026
TBC Bank Group PLC has announced its Strategy Day 2026, outlining ambitious targets including doubling net profits to over USD 1 billion and doubling loans to over USD 20 billion by 2030. The company also aims for annual loan growth exceeding 15% and a return on equity over 23% between 2026 and 2028, with a payout ratio of 25-45%. Key to this growth is increasing Uzbekistan's contribution to Group net profit to approximately 25% from the current 9%, alongside expanding its digital user base to 12 million. Disclaimer*
About this update from Tbc Bank Group Plc
[{"type":"text","content":"\n\nTBC Strategy Day 2026\n \"2030 vision of doubling net profits to >USD 1 billion\"\n \nTBC Bank Group PLC (\"TBC PLC\") is pleased to announce it is hosting its Strategy Day 2026 today in New York from 9:00 AM (registration 08:30) to 12:00 PM (ET) at the Riverview Room, Citigroup Headquarters, 388 Greenwich Street, New York, NY 10013, United States (please note the entrance will be from 45 Hubert Street).\nDuring the event, the executive management team will outline the Group's key strategic priorities over the next few years in Georgia and Uzbekistan, including 2026-28 financial targets and the Group's 2030 Vision.\n2026-2028 Group Financial Targets\n• Annual loan growth of >15%\n• Annual ROE of >23%\n• Payout ratio (incl. dividends and buybacks) in the range of 25-45%, including minimum 25% DPR and progressive dividend\nOur 2030 Vision\nWe envisage doubling our existing business over the next five years.\n• Double net profit to >USD 1 billion\n• Double loans to >USD 20 billion\n• Increase digital MAU by ~5 million to 12 million\n• Increase Uzbekistan's contribution to Group net profit to ~25% from the current 9%\n \nVakhtang Butskhrikidze, Group CEO commented: \"The past five years have been truly transformational for TBC Group. We have successfully expanded our business from our core Georgian market to building out a high-growth digital financial ecosystem in Uzbekistan, adding over 5 million digital users in the process.\nFor the next five years, we have equally ambitious growth plans, as we look to extend our leadership in Georgia across all core segments, and scale up our ecosystem in Uzbekistan by connecting our millions of customers with tens of thousands of businesses. We believe our Group can add another 5 million customers by 2030, at the same time doubling its balance sheet and earnings, taking the latter to over USD 1 billion.\nThis will enable us to continue creating value for our shareholders through delivering a rare combination of growth, profitability and capital returns. We look forward to shareholders joining us for the next chapter of our Group's journey.\"\n \nThe live webcast of the event will be available via: https://tbc.zoom.us/j/91930042425?pwd=fKgbObu8JXuTBis3iK221C6rh2389l.1\nOnline participants will be able to submit questions through the Zoom chat function.\n \...