The FINANCIAL — “TBC Bank is committed to supporting national and cultural values and with this making an additional contribution to social development.”
An extract from TBC Bank’s vision:
TBC Bank has always been distinguished for its high social responsibility and active participation in various charity, patronage and social projects over the many years of its operation. This direction is one of the determiners of TBC Bank’s social image and reputation.
TBC Bank has formulated its strategy in view of social responsibility that is shared and accepted by the bank’s management.
“Our strategy implies implementation of such long-term social and cultural projects, which are oriented at the development of these spheres in the long-run, achievement of actual results, preservation and protection of cultural and national values,” states Mamuka Khazaradze, Chairman of the Supervisors’ Board of TBC Bank.
High social responsibility is still one of the strategic directions of TBC Bank, which over the years have become the determiners of TBC Bank’s corporate credo and culture.
In 2006-2008, the Bank implemented very important projects in social, cultural and public spheres which gave ground to many new long-term projects. Moreover, the Bank is still actively carrying out programmes started in previous years.
In 2008, the total budget for charity projects of TBC Bank made more than GEL 1 million (excluding the amount – 5 million – allocated for the victims of August’s war).
In terms of priorities, this budget (GEL 1 million) was distributed in the following way:
• Restoration of historic monuments and monasteries – 28%
• Social programmes and one-off assistance – 16%
• Funding of sport and culture spheres – 41%
• Funding of young people lacking financial subsistence – 15%
Below is provided information on some major projects implemented by TBC Bank over the past few years.
Restoration of historical monuments
One of the major priorities of TBC Bank Charity activities is the restoration of historical monuments. In 2006-2008, the bank has funded very important projects, including:
• Construction of the Cathedral in Dmanisi
• Construction of the bell-tower for Svetitskhoveli temple
• Restoration, equipping and support of Focal monastery
• Renovation of St. Nino’s monastery in Bodbe
• Restoration of the Kodori St. George monastery
• Funding of reconstruction and renovation works in Khoni and Samtredia Eparchy
• Construction of a historical Cathedral in Photi
• Restoration of the Gudarekhi monastery
• Funding renovation works for Motsameta monastery
• Restoration of the St.Nikoloz church in Photi
Annual Literary Award “Saba”
In 2003, TBC Bank together with the Georgian Pen-club and TV Company Rustavi 2 established a literary award “Saba”, which aims at revealing the best literature works in 8 nominations:
1. The best novel of the year
2. The best collection of poems of the year
3. The best prosaic work of the year
4. The best play of the year
5. The best literary critic of the year
6. The best translation of the year
7. The best debut of the year
8. Award for special contribution to the development of Georgian literature
The jury consisting of 5 members reviews and evaluates all literary processes of the previous year and reveals the best works according to the above-mentioned nominations. The members of the jury change each year.
Apart from special prizes, the winners receive monetary awards – to the amount of GEL 4 thousand in the first 7 nominations and GEL 8 thousand in the nomination “for the special contribution to development of Georgian literature”.
Annual folklore “Bani” award
Annual folklore award ceremony Bani was founded on 29 May, 2006 by JSC TBC Bank, Georgian Glass and Mineral Waters Company and the famous folklore musician-performer: Jemal Chkuaseli. The main goal of the award is to support the preservation and popularization of Georgian folklore. Bani is a unique folklore award ceremony which covers each region of Georgia including Saingilo.
The jury members are: Jemal Chkuaseli, Anzor Erqomaishvili, Gomar Sikharulidze, Temur Qevxishvili and Gia Bagashvili.
The folklore award ceremony is held once every 3 years. In 2006, Bani was awarded to the nomination “The best singing family”. The next Bani will have one or more nominations, including:
1. The best solo
2. The best duet
3. The best trio
4. The best player of folk instruments
5. The best singing family
6. The best group
7. The best Krimanchuli (for West Georgia)
The jury consists of 5 members who will reveal three winners: I, II and III positions. All three winners receive monetary prizes.
Winners for each nomination will be revealed in each of the 9 regions of Georgia:
The contest will be held in 4 stages:
1. Announcement – the Georgian population will receive information regarding the contest
2. I tour – primary selection of award participants in regions by a special expert elected in each region.
3. II tour – jury members visit the regions, listen to the short-listed participants and reveal the finalists.
4. III tour – the jury names the winners and a gala-concert is held.
Cultural events at TBC Bank Head Office
It has been almost four years since TBC Bank created the building of it’s head office, and apart from being a head office of one of the leading financial institutions, it has also been hosting many different cultural events on a monthly basis. Such events have included presentations of new books, art and photo exhibitions, presentations of new movies and musical discs, cultural evenings, etc.
During 2006-2008, TBC Bank Head Office has hosted more than 300 cultural events attended by thousands of people and contributing to the popularization of Georgian art.
Social programmes: TBC bank is financing Green House
In 2005, TBC Bank became one of the donors and supporters of the house for children with psychological problems. The Bank has allocated a monthly grant to help the beneficiaries of the Green House service.
The project considers psychological services to treat and prevent serious psychiatric and psycho-somatic pathologies. Since 2006, it has been funded by TBC Bank and the foundation Global Initiative in Psychiatry. The project is managed by the Association of Georgian psycho-therapists and clinical psychology.
TBC Bank is helping disabled children
It is the fifth year since TBC Bank started providing financial support for the foundation First Step which helps children with disabilities in Georgia.
The foundation First Step offers educational, development, reintegration, residential (if children are deprived of parental care), social and medical services to children and their families.
Some of these children live in family type cottages in a ‘Children’s Village’. These are children deprived of parental care. Some of the children are from families who live in Tbilisi. It is noteworthy that none of the other organizations working on child care issues provide services for children with these types of disabilities.
TBC Bank financed the tuition costs of the best students from Zemo Abkhazia and Tskhinvali regions.
Two years ago TBC Bank made the decision to finance the tuition charges of the ten best students from Zemo Abkhazia and Tskhinvali regions.
The Ministry of Education identified the top 10 students according to examination results, those who got the highest marks were then funded by TBC bank. Out of 10 students, five come from Zemo Abkhazia and five from the Tskhinvali region.
TBC Bank finances the study of the talented students lacking financial subsistence at ESM
TBC Bank participated in one more educational-social programme which considers coverage of tuition fees of one talented student lacking financial subsistence at one of the most prestigious and expensive universities – ESM Tbilisi.
The project started in February 2006. The student whose Bachelor’s course would be funded by TBC Bank was selected on the basis of an interview and contest in September.
TBC Bank is financing mammogram check-ups for 1,000 women
In 2006, TBC bank financed mammogram check-ups for 1,000 women patients. The Institute of Medical Radiology (headed by Pridon Todua, academician) and TBC Bank delivered free mammogram and ultrasonic examinations to 1,000 women with breast problems.
TBC Bank participated in the immunization project
In 2007, TBC Bank became one of the partners and supporters of the immunization project carried out by UNICEF. The major goal of this project was to provide immunizations to newborn babies throughout Georgia. The total number of project beneficiaries reached 45-50,000 infants nationwide.
TBC Bank is financing a free canteen for socially vulnerable pensioners
In the years of 2006 and 2007, TBC Bank was funding the canteen in Vazisubani district where socially vulnerable pensioners were offered free meals. The Bank was allocating monthly grants for operating the canteen where hundreds of vulnerable pensioners were served dinners.
TBC Bank’s management mission
To ensure a high level of customer satisfaction and stable growth of the company’s value.
TBC Bank’s Vision
• TBC Bank is a leader company in the region. It is distinguished for its customer service, innovativeness and commitment to constant development.
• The Bank’s success is mainly conditioned by well-developed and diverse service channels, effective sales systems and a high level customer service.
• The Bank has a reputation of the most desirable employer in the country as its provides the best result-oriented and enthusiastic professionals. The Bank is committed to the principles of teamwork.
• TBC Bank is committed to supporting national and cultural values and with this making an additional contribution to social development.