The FINANCIAL — TBC Bank is getting back to ordinary business and has opened the very first branch since the current Russian-Georgian conflict. The opening of the bank’s new branch on August 25 at Agmashenebeli Ave. was postponed for a week because of the military situation in the country.
“TBC Bank is getting back to normal working conditions while TBC Group continues to take part in the reconstruction of the country. We plan to open another ten branches by the end of the year in Georgia and also two offices in Azerbaijan,” Mamuka Khazaradze, Chairmen of the TBC Bank Supervisory Board, told The FINANCIAL.
The new branch is built with the same up to date technologies and standards which TBC Bank established in Georgia with the assistance of the U.S SENTEO. The launch of the new branch cost TBC Bank USD 1,125,000.
TBC Bank’s office in Gori, damaged during the Russian military campaign is also active and ready to serve customers again.
According to Khazaradze, TBC Bank has already counted their losses incurred during these two weeks: one shop-window and two computers. The reconstruction work should only take them a week.
TBC Bank will issue its clients mortgage loans, but ones which are lower than usual until the reconstruction is complete. The bank will also increase the number of ATM’s.
“Building the office with modern technologies took us twice more time and money than the usual ones. We are proud to follow the new tendencies of the World Banking Market to remove the barrier between clients and collaborators,” Maia Dzirkvelishvili, PR manager of TBC Bank, told The FINANCIAL.
TBC Bank announced its new charity initiation. “TBC Bank has already collected USD 7 million for the people injured in the war and now we are starting a new system with a charity fund. TBC Bank clients who open deposits from 29 August will get a high interest rate and automatically become a member of these charity funds,” says the company.
One percent of the sum of the newly opened deposits will be transferred to the fund ‘Businessmen to Help the Casualties’.
The clients who make deposits will also be included in the promotion ‘Become a Millionaire’ with TBC Bank.
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