Supplementary Financial Information (3

(UNAUDITED)

For further information, pl

Zoltan Szalai Director of International Media and Investor Relations

Anna Romelashvili Head of Investor Relations
Elene Gvatua Senior Investor Relations Manager
Nutsa Chachanidze Investor Relations Manager
Sophio Manjgaladze Investor Relations Manager
 Supplementary Financial Information (31 December 2020)
(UNAUDITED)

For further information, please contact:

Director of International Media and Investor Relations +44 7908 242 128 [email protected]
Head of Investor Relations +995 32 2 272727 (1309) [email protected]
Senior Investor Relations Manager +995 32 2 272727 (2997) [email protected]
Investor Relations Manager +995 32 2 272727 (8496) [email protected]
Investor Relations Manager +995 32 2 272727 (2173) [email protected]
020)

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
These Consolidated Financial Statements are prepared in compliance with Internati
unless otherwise noted.

This document is not audited and should be read in conjunction with our FY and
financial information published by TBC Bank Group PLC. Certain comparative amou
the current period's presentation.
Slight differences between the already published data and the data included in the
differences.

Changes in accounting policies, IAS 16 in 2Q

In 2Q 2020, the accounting policy in relation to subsequent measurement of land, b
been changed from revaluation model to the cost model. This led to the restatemen
31 March 2020, all quaters of 2019 and 31 Decmeber 2018, while no material impa
For the same periods, ROE, ROA and pre-provision ROE have al

.
mpliance with International Financial Reporting Standards (IFRS),
herwise noted.

nction with our FY and 4Q 2020 Report and other reports and
tain comparative amounts have been reclassified to conform to
riod's presentation.
he data included in the excel file may arise due to the rounding
erences.

policies, IAS 16 in 2Q 2020

measurement of land, buildings and construction in progress has
s led to the restatement of appropriate balance sheet amounts, in
while no material impact was recorded in the income statement.
-provision ROE have also been recalculated.

.
Current Segment Definition
Retail
Non-business individual customers; all individual customers are i

Corporate
A legal entity/group of affiliated entities with an annual revenue
have been granted facilities with more than GEL 5.0 million. Som
be assigned to the corporate segment or transferred to the MSM
MSME
business customers who are not included in the corporate segm
granted a pawn shop loan; or individual customers of the fully-di
Corp. Centre
comprises the Treasury, other support and back office functions
Group.

Business customers: legal entities or individuals who have been g

.
individual customers are included in retail deposits;

es with an annual revenue exceeding GEL 12.0 million or which

than GEL 5.0 million. Some other business customers may also
or transferred to the MSME segment on a discretionary basis;

ded in the corporate segment; or legal entities which have been

l customers of the fully-digital bank, Space;

and back office functions, and non-banking subsidiaries of the

dividuals who have been granted a loan for business purposes.

.
 P&L

P&L Statement (in GEL '000)

31-Dec-11
Interest income 360,215
Interest expense -151,134
Net gain from currency swaps 0
Net interest income 209,081
Fee and commission income 47,512
Fee and commission expense -15,094
Net Fee and Commission Income 32,418
Netgains
Net insurance
from premium earned
derivatives, after
foreign claimsoperations
currency and acquisition costs
and translation 0
20,825
Losses less gains / (gains less losses) from disposal of Investment securities measured at fair value through other
comprehensive income
Losses less gains / (gains less losses) from disposal of Investment securities available for sale 0
Other operating income 6,213
Other operating non-interest income 27,038
Credit loss allowance for loan -16,049
Credit loss allowance of investments in finance lease 174
Credit loss allowance for/ (recovery of Credit loss allowance) performance guarantees and credit related commitments -1,353
Credit loss allowance of other financial assets -397
Credit loss allowance for financial assets measured at fair value through other comprehensive income
Impairment of investment securities available for sale 116
Recovery of impairment for assets classified as held for sale 1,519
Operating income after Credit loss allowance 252,548
Losses from modifications related to one off events caused by COVID-19 0
Staff costs -78,426
Depreciation and amortisation -15,088
Provision for liabilities and charges -200
Administrative and other operating expenses -51,744
Operating expenses -145,458
Profit before tax 107,090
Income tax expense -15,465
Profit for the period 91,625
Profit attributable to owners of the bank 90,898

USD/GEL Exchange Rates (average) 1.6860

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August
2016.

**the figures are given wihout BR consoldiation effect

P&L Balance Sheet Loan Portfolio Deposit Portfolio Capital

31-Mar-12 30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13

106,262 221,137 337,692 456,545 118,150 233,677 354,086 474,796
-52,373 -103,366 -160,907 -217,895 -51,467 -99,980 -147,421 -192,146
0 0 0 0 0 0 0 0
53,889 117,771 176,785 238,650 66,683 133,697 206,665 282,650
13,591 28,701 46,066 64,232 16,530 34,688 54,033 74,362
-3,888 -8,240 -13,325 -18,830 -5,688 -12,689 -19,256 -24,301
9,704 20,461 32,741 45,402 10,842 21,999 34,776 50,061
0 0 0 0 0 0 0 0
6,164 14,460 21,775 29,053 7,421 17,006 24,561 32,606

0 0 0 0 0 0 0 0
1,510 6,905 8,877 13,680 2,268 9,085 11,166 16,135
7,674 21,364 30,652 42,733 9,689 26,091 35,727 48,741
752 -18,642 -25,528 -23,154 -19,652 -16,954 -23,945 -32,971
-28 -72 -84 -42 -24 -67 -71 -98
-3,815 -1,628 -1,057 -1,606 -95 -2,876 -7,138 -6,459
-311 -275 -1,480 -4,132 -370 -619 -835 -2,236

0 -10 -10 -10 -5 -5 -5 -1,142

0 0 0 0 0 0 0 0
67,865 138,970 212,019 297,841 67,068 161,266 245,174 338,546
0 0 0 0 0 0 0 0
-21,693 -44,109 -69,226 -92,289 -25,748 -51,367 -77,722 -108,613
-4,262 -8,739 -13,289 -22,103 -5,505 -10,311 -15,039 -19,993
-1,700 0 0 0 -1,315
-13,577 -31,019 -45,353 -69,440 -13,041 -35,356 -50,033 -68,692
-39,532 -83,867 -127,868 -185,532 -44,294 -97,034 -142,794 -198,613
28,333 55,103 84,151 112,309 22,774 64,232 102,381 139,933
-3,218 -6,211 -10,737 -14,498 -3,031 -9,427 -13,516 -15,663
25,115 48,892 73,414 97,811 19,743 54,805 88,864 124,270
24,750 48,112 72,480 96,519 19,147 53,604 86,970 121,616

1.6604 1.6465 1.6481 1.6513 1.6581 1.6542 1.6559 1.6634

Capital P&L by segments Ratios Operating Data

Year to date

31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15

122,767 246,991 375,576 512,357 146,549 306,876 474,887 649,059
-42,347 -85,970 -129,204 -173,709 -50,878 -108,640 -169,232 -236,885
0 0 0 0 0 0 0 0
80,420 161,021 246,372 338,648 95,671 198,236 305,655 412,173
18,146 39,385 62,006 88,204 25,024 52,525 81,270 113,837
-6,464 -13,716 -20,944 -29,523 -8,405 -17,685 -28,786 -41,546
11,682 25,669 41,062 58,682 16,618 34,840 52,484 72,291
0 0 0 0 0 0 0 0
7,615 15,618 25,924 41,406 17,231 34,572 47,921 66,645

0 0 0 0 0 0 0 0
3,644 9,431 12,664 19,598 4,608 9,052 13,971 25,883
11,259 25,049 38,588 61,004 21,838 43,623 61,892 92,528
-14,586 -26,953 -32,474 -48,672 -29,385 -48,723 -70,736 -72,791
-9 -110 -166 -77 -103 -363 -623 -967
1,799 2,613 2,777 902 820 3,060 3,062 1,117
-190 -619 -567 -1,236 -339 -1,232 -2,377 -3,351

-22 -22 -22 -22 0 0 0 0

0 0 0 0 0 0 0 0
90,353 186,648 295,571 409,229 105,120 229,441 349,358 501,002
0 0 0 0 0 0 0 0
-26,984 -56,000 -85,575 -122,835 -30,853 -65,308 -100,332 -142,777
-5,295 -10,692 -16,233 -24,427 -6,206 -12,302 -18,939 -26,286
0 0 -4,780 -5,500 0 0 0 -1,102
-16,970 -35,604 -52,028 -73,548 -15,534 -36,042 -56,464 -82,964
-49,249 -102,296 -158,617 -226,310 -52,593 -113,651 -175,736 -253,130
41,104 84,352 136,954 182,919 52,527 115,790 173,621 247,872
-5,165 -11,500 -18,528 -24,468 -6,889 -14,619 -21,845 -29,176
35,939 72,852 118,426 158,451 45,639 101,171 151,777 218,697
35,415 72,032 117,550 157,451 45,539 101,000 151,316 218,879

1.7494 1.7560 1.7524 1.7659 2.0729 2.1778 2.2271 2.2702

Year to date

31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16** 31-Dec-16 31-Mar-17** 31-Mar-17 30-Jun-17

174,859 341,026 523,082 728,663 766,426 193,330 237,769 487,667
-65,976 -124,488 -186,318 -262,087 -275,973 -78,361 -95,436 -195,592
0 0 0 0 0 0 0 0
108,883 216,538 336,764 466,576 490,453 114,969 142,333 292,074
29,547 62,228 97,340 138,746 142,800 40,529 44,500 89,719
-11,250 -22,546 -35,464 -50,670 -52,532 -15,959 -18,023 -34,502
18,297 39,683 61,876 88,076 90,268 24,570 26,477 55,217
0 0 0 256 256 1,225 1,225 3,081
14,264 27,613 44,510 60,208 67,556 18,042 22,188 45,391

0 8,795 8,795 8,795 9,293 0 0 0

3,668 8,363 10,864 19,099 23,236 6,250 11,259 14,811
17,931 44,771 64,169 88,102 100,085 24,292 33,447 60,202
-13,067 -25,277 -38,796 -36,997 -49,201 -7,323 -16,922 -40,367
-185 -111 -236 -558 -558 -31 -31 -129
-1,029 -2,076 -3,557 -1,217 -771 1,039 92 1,546
-49 -1,194 -1,128 -2,814 -2,855 -364 -797 -4,425

-11 -11 -11 -11 -11 0 0 0

0 0 0 0 0 0 0 0
130,772 272,323 419,082 601,413 627,667 158,375 185,823 367,200
0 0 0 0 0 0 0 0
-34,172 -69,473 -109,677 -164,604 -172,221 -41,868 -47,538 -102,375
-6,567 -13,610 -20,647 -28,141 -28,082 -7,515 -8,605 -17,523
-2,210 -2,210 95 95 2,495
-23,560 -51,586 -69,880 -101,731 -109,474 -23,439 -26,873 -58,446
-64,299 -134,668 -200,204 -296,686 -311,988 -72,727 -82,920 -175,850
66,474 137,655 218,878 304,727 315,679 85,648 102,903 191,350
-7,777 1,582 -8,653 -17,146 -17,420 -4,336 -6,345 -14,936
58,696 139,237 210,225 287,581 298,258 81,312 96,558 176,415
59,483 140,261 209,786 288,631 299,146 79,730 94,975 173,519

2.4351 2.3239 2.3234 2.3667 2.3667 2.6029 2.6029 2.5103

30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19
745,918 1,033,939 289,849 598,001 928,692 1,284,235 337,915 678,216
-307,298 -429,924 -114,446 -234,394 -365,473 -506,213 -140,956 -290,777
0 0 0 0 0 0 4,179 11,146
438,620 604,015 175,403 363,607 563,219 778,022 201,137 398,585
138,271 193,944 50,834 109,099 168,652 235,701 60,902 129,885
-51,264 -67,983 -15,915 -35,017 -55,186 -78,171 -19,096 -44,544
87,007 125,961 34,919 74,082 113,466 157,530 41,807 85,342
4,854 6,773 2,046 5,299 8,422 12,275 3,729 8,067
65,720 91,437 19,570 43,218 74,202 107,047 20,877 43,956

0 0 2 2 68 147
0 93
21,467 32,707 6,761 10,911 15,895 32,592 4,329 8,151
87,187 124,236 26,331 54,129 15,897 139,641 25,274 52,254
-65,403 -93,823 -27,999 -65,980 -109,325 -143,723 -36,416 -66,483
-414 -492 -240 -493 -986 -1,765 -41 178
866 -153 -3,875 -2,500 -2,524 -4,056 432 -392
-5,522 -12,439 -7,326 -5,545 -9,304 -16,609 2,969 581
-23 -35 -64 -86 -39 -350
0 0
0 0 0 0 0 0 0 0
547,196 754,078 199,236 422,563 578,801 921,230 238,851 477,781
0 0 0 0 0 0 0 0
-148,995 -203,100 -52,116 -102,847 -157,141 -220,354 -57,753 -116,639
-26,840 -37,265 -10,470 -21,463 -33,407 -45,740 -16,169 -32,124
2,495 2,495 0 0 -4,000 -4,000 200 1,441
-86,420 -121,530 -28,346 -58,712 -92,577 -140,935 -28,792 -64,575
-259,760 -359,400 -90,932 -183,022 -287,125 -411,029 -102,515 -211,897
287,436 394,678 108,304 239,541 365,877 510,201 136,337 265,884
-24,263 -34,750 -10,778 -39,578 -58,529 -72,764 -3,015 -12,344
263,173 359,928 97,526 199,963 307,348 437,437 133,322 253,540
259,043 354,410 95,757 198,347 305,126 435,080 133,237 253,235

2.4831 2.5117 2.4854 2.4656 2.4871 2.5345 2.6680 2.7038

30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20
1,044,689 1,436,843 394,779 787,893 1,214,125 1,667,999
-471,970 -663,860 -195,377 -408,091 -625,730 -853,516
19,501 28,556 8,557 12,522 15,713 20,950
592,220 801,539 207,959 392,325 604,108 835,432
206,680 293,432 73,715 138,752 226,430 314,178
-74,234 -106,141 -30,162 -55,682 -95,861 -131,410
132,446 187,290 43,552 83,069 130,569 182,768
12,851 18,510 4,800 10,281 16,222 19,485
73,185 101,187 28,635 47,759 69,933 98,017

149 169 278 -1,202 -1,202 -624

13,155 19,548 5,031 8,067 13,865 20,512

86,489 120,904 33,944 54,624 82,596 117,906
-87,178 -82,030 -241,025 -249,216 -255,100 -330,811
-33 582 -870 -4,278 -6,939 -8,398
-1,866 -2,156 -2,024 -797 1,171 3,238
-2,933 -8,097 -3,234 -4,222 -10,704 -14,066
-206 -291 -584 -537 -906 -1,810

0 0 0 0 0 0
731,790 1,036,250 42,518 281,248 561,018 803,744
0 0 -30,643 -34,170 -35,933 -41,015
-178,869 -247,803 -56,802 -114,006 -176,261 -244,043
-49,557 -59,478 -15,788 -32,215 -49,554 -68,392
1,368 -1,264 136 77 -1,982 -2,706
-96,544 -142,181 -33,375 -56,016 -87,876 -128,483
-323,602 -450,726 -105,830 -202,160 -315,674 -443,623
408,188 585,525 -93,954 44,917 209,411 319,106
-27,871 -45,184 36,948 24,283 12,377 3,383
380,317 540,341 -57,006 69,200 221,788 322,489
378,479 537,895 -57,475 67,625 218,381 317,752

2.7765 2.8192 2.9267 3.0323 3.0557 3.1097

 4Q'19 1Q'20 2Q'20 3Q'20 4Q'20
392,155 394,779 393,114 426,231 453,874
-191,890 -195,377 -212,713 -217,640 -227,786
9,054 8,557 3,965 3,191 5,236
209,319 207,959 184,365 211,783 231,325
86,752 73,715 65,037 87,679 87,747
-31,907 -30,162 -25,520 -40,179 -35,548
54,844 43,552 39,517 47,500 52,199
5,659 4,800 5,481 5,941 3,262
28,002 28,635 19,124 22,174 28,084

20 278 -1,480 0 578

6,392 5,031 3,035 5,799 6,647

34,414 33,944 20,680 27,972 35,309
5,148 -241,025 -8,191 -5,884 -75,710
615 -870 -3,408 -2,661 -1,458
-290 -2,024 1,227 1,969 2,067
-5,164 -3,234 -988 -6,481 -3,363
-85 -584 46 -369 -904

0 0 0 0 0
304,460 42,518 238,730 279,770 242,726
0 -30,643 -3,527 -1,763 -5,082
-68,934 -56,802 -57,204 -62,255 -67,782
-9,921 -15,788 -16,427 -17,339 -18,838
-2,631 136 -59 -2,059 -724
-45,637 -33,375 -22,641 -31,860 -40,606
-127,124 -105,830 -96,331 -113,513 -127,949
177,337 -93,954 138,871 164,494 109,695
-17,313 36,948 -12,665 -11,906 -8,994
160,024 -57,006 126,206 152,588 100,701
159,416 -57,475 125,100 150,755 99,371

2.9458 2.9267 3.1395 3.1016 3.2705

 P&L

Balance Sheet (in GEL '000) 31-Dec-11 31-Mar-12

ASSETS
Cash and cash equivalents 374,153 327,369
Due from other banks 40,942 41,569
Mandatory cash balances with National Bank of Georgia 250,067 259,100
Loans and advances to customers (net) 2,008,745 2,081,655
Investment securities measured at fair value through other comprehensive income
Investment securities available for sale 266,436 396,075
Repurchase receivables 0 0
Investment securities held to maturity 28,956 20,460
Investments in subsidiaries and associates
Investments in finance leases 21,979 23,765
Investment properties 27,082 29,512
Goodwill 2,726 2,726
Intangible assets 10,064 11,948
Premises and equipment 163,879 174,371
Right of use assets
Other financial assets 11,339 8,076
Current income tax prepayment 0 0
Deffered income tax asset 0 0
Other assets 93,653 97,355
TOTAL ASSETS 3,300,021 3,473,981
LIABILITIES
Correspondent accounts and overnight placements 15,003 72,964
Deposits from Banks 89,470 70,101
Short-term loans from banks 5,905 3,339
Due to other banks 110,378 146,404
Borrowings from foreign banks and financial institutions 513,006 498,285
Borrowings from local banks and financial institutions 0 461
Borrowings from other financial institutions 4,766 6,825
Other borrowed funds 517,772 505,571
Due to Credit Institutions 628,150 651,975
Customer accounts 1,999,256 2,106,135
Subordinated debt 142,480 143,152
Current income tax liability 14,162 3,909
Debt Securities in issue 0 0
Deferred income tax liability 8,048 7,995
Credit loss allowance for liabilities and charges 8,434 12,230
Other financial liabilities 11,305 25,268
Other liabilities 19,405 27,562
TOTAL LIABILITIES 2,831,240 2,978,225
EQUITY
Share capital 15,171 15,171
Shares held by trust
Share premium 203,308 203,308
Retained earnings 201,826 226,575
Group reorganisation reserve
Share based payment reserve 6,180 6,565
Other reserves 33,162 34,481
TOTAL EQUITY 459,647 486,100

Non-controlling interest 9,134 9,656

TOTAL EQUITY 468,781 495,756

TOTAL LIABILITIES AND EQUITY 3,300,021 3,473,981

USD/GEL Exchange Rates (end of period) 1.6703 1.6600

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August
2016.

**the figures are given wihout BR consoldiation effect

***In 2Q 2020, the accounting policy in relation to subsequent measurement of land, buildings and construction in
progress has been changed from revaluation model to the cost model. For more information please refer to "notes to
users" page
 Balance Sheet Loan Portfolio Deposit Portfolio Capital

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14

258,695 425,131 398,587 231,822 354,666 267,507 390,465 329,568

31,594 1,555 29,542 1,227 3,669 24,947 1,708 2,619
272,981 308,010 316,061 283,057 293,861 287,131 295,332 294,990
2,279,053 2,300,613 2,370,200 2,347,157 2,416,174 2,450,666 2,801,712 2,772,629

396,084 405,197 407,733 468,812 490,469 526,133 500,651 568,865

0 0 0 0 0 0 0 0
20,591 16,782 0 0 0 0 0 0

21,907 25,968 26,377 27,828 28,418 32,711 35,613 38,548

28,498 25,530 34,305 33,225 65,538 83,428 83,383 83,331
2,726 2,726 2,726 2,726 2,726 2,726 2,726 2,726
12,783 13,562 18,817 19,600 20,546 22,047 23,491 26,672
180,116 186,803 192,556 192,236 195,595 197,341 199,668 199,171

16,363 13,313 25,301 23,992 27,328 40,341 45,049 44,092

0 4,757 10,135 7,201 7,613 5,959 6,202 4,858
0 0 0 0 0 0 0 0
94,296 93,662 67,354 78,961 81,259 73,957 65,075 69,822
3,615,687 3,823,608 3,899,694 3,717,844 3,987,862 4,014,892 4,451,075 4,437,891

32,300 941 6,569 6,753 3,365 3,465 4,894 31,099

125,819 47,205 53,700 41,946 25,605 54,393 42,358 63,590
9,708 12,468 15,935 3,822 3,871 0 0 0
167,826 60,614 76,204 52,521 32,841 57,857 47,252 94,689
493,351 536,331 479,854 380,144 436,415 401,470 417,504 411,161
143,997 96,647 63,599 79,026 73,727 14,036 92,987 173,730
6,425 6,416 7,466 7,333 7,171 7,234 8,063 8,151
643,774 639,395 550,919 466,503 517,313 422,740 518,554 593,042
811,600 700,009 627,123 519,024 550,155 480,598 565,806 687,731
2,090,084 2,388,755 2,486,944 2,387,785 2,563,696 2,613,742 2,886,883 2,753,884
139,982 125,880 115,080 117,157 127,124 130,798 168,274 172,787
1,656 0 0 0 0 0 0 0
0 0 0 0 4,228 4,276 4,474 4,517
9,730 13,390 20,143 20,249 26,602 26,489 27,814 27,882
10,062 9,490 6,174 6,268 9,050 12,297 12,380 10,581
13,986 16,751 19,462 19,939 18,150 30,815 24,850 30,619
20,036 24,719 20,744 19,391 17,809 27,210 31,305 22,955
3,097,136 3,278,993 3,295,670 3,089,813 3,316,813 3,326,223 3,721,786 3,710,956

15,171 15,327 16,143 16,174 16,500 16,499 16,499 16,499

203,308 207,890 231,501 232,431 242,651 242,624 242,624 241,231
250,474 274,843 298,880 318,026 352,484 367,981 402,627 410,935

6,950 2,596 4,142 4,142 987 1,441 2,032 2,658

32,153 33,394 41,939 44,799 45,215 46,217 50,840 42,426
508,056 534,050 592,605 615,572 657,837 674,762 714,622 713,749

10,495 10,565 11,419 12,459 13,213 13,907 14,667 13,186

518,551 544,615 604,024 628,031 671,050 688,669 729,289 726,935

3,615,687 3,823,608 3,899,694 3,717,844 3,987,863 4,014,892 4,451,075 4,437,891

1.6451 1.6593 1.6567 1.6577 1.6509 1.6644 1.7363 1.7477

 P&L by segments Ratios Operating Data

30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16

544,433 548,286 532,118 430,213 597,580 903,136 720,347 688,118

2,645 31,928 33,704 40,829 42,788 25,944 11,041 12,591
308,164 314,902 336,075 400,948 408,456 467,649 471,490 452,398
2,931,545 3,084,064 3,556,496 4,024,031 4,034,933 4,350,733 4,444,886 4,298,291

515,029 557,219 466,510 569,113 204,440 220,538 307,310 224,614

14,810 9,965 0 9,980 69,156 41,527 0 0
0 0 0 0 366,639 367,401 372,092 367,045

40,913 43,944 50,907 58,775 62,353 67,077 75,760 78,950

78,847 77,893 76,216 75,606 75,236 73,742 57,600 69,461
2,726 2,726 2,726 2,726 2,726 2,726 2,726 2,726
27,050 30,244 37,756 39,965 40,978 41,855 44,344 45,129
197,055 197,859 208,692 212,434 211,250 215,689 247,767 249,756

42,538 42,443 43,857 48,510 62,263 62,226 64,317 55,380

1,749 4,813 251 8,021 6,010 10,276 9,856 10,671
359 304 383 400 944 434 1,546 2,301
90,241 96,978 77,776 81,040 88,292 85,457 103,914 96,921
4,798,104 5,043,567 5,423,466 6,002,591 6,274,044 6,936,408 6,934,995 6,654,351

17,356 33,438 37,247 27,170 15,902 21,060 47,342 86,656

57,814 68,337 47,802 31,492 54,534 37,287 25,936 60,164
15,153 9,501 934 9,506 66,554 39,917 0 0
90,323 111,276 85,983 68,168 136,991 98,264 73,278 146,820
450,993 432,544 452,469 644,468 626,924 635,933 678,946 624,602
111,522 209,686 204,475 136,363 220,734 383,111 355,663 225,028
7,578 6,833 6,357 6,888 6,420 6,551 5,686 5,849
570,093 649,063 663,301 787,719 854,078 1,025,594 1,040,295 855,480
660,416 760,339 749,285 855,887 991,069 1,123,858 1,113,574 1,002,300
2,929,214 3,002,810 3,322,428 3,724,667 3,831,182 4,286,185 4,177,931 3,931,623
178,418 180,737 188,015 228,514 232,658 250,612 283,648 303,381
1,120 1,158 12,433 364 486 722 912 468
6,853 14,732 20,423 22,321 22,540 23,949 21,714 21,424
27,758 34,225 23,187 27,795 25,470 25,478 29,244 35,838
9,767 9,352 11,899 10,675 8,202 6,316 9,461 10,491
33,368 36,062 41,346 45,919 53,574 55,009 39,435 38,563
25,029 29,500 34,974 25,540 32,230 32,409 40,627 29,686
3,871,943 4,068,915 4,403,990 4,941,682 5,197,413 5,804,537 5,716,546 5,373,774

19,576 19,576 19,576 19,576 19,587 19,587 19,587 19,612

405,872 405,658 405,658 405,658 406,058 406,058 407,474 408,274
446,088 492,135 532,992 578,532 594,863 645,180 712,743 772,225

3,189 3,605 4,624 5,248 5,926 9,187 12,755 14,753

43,708 45,839 49,255 44,424 42,653 44,027 58,701 59,309
918,433 966,813 1,012,105 1,053,438 1,069,087 1,124,039 1,211,260 1,274,174

7,728 7,839 7,371 7,471 7,543 7,832 7,189 6,403

926,161 974,652 1,019,477 1,060,909 1,076,631 1,131,871 1,218,449 1,280,577

4,798,104 5,043,567 5,423,466 6,002,591 6,274,044 6,936,408 6,934,995 6,654,351

1.7691 1.7524 1.8636 2.2275 2.2483 2.3816 2.3949 2.3679

30-Jun-16 9/30/2016* 31-Dec-16** 31-Dec-16 31-Mar-17** 31-Mar-17 30-Jun-17 30-Sep-17

344,205 843,431 875,862 945,180 830,484 697,118 1,219,108 1,445,521

12,256 12,284 31,818 24,725 119,707 151,780 41,096 41,696
624,502 676,780 859,508 990,642 796,751 904,487 931,654 1,020,695
4,521,026 4,809,530 5,697,296 7,133,702 5,525,867 6,918,246 7,174,305 7,549,061

242,450 252,736 280,200 430,703 297,055 428,138 618,044 685,210

42,347 57,232 0 0 0 0 0 0
350,885 295,901 372,956 372,956 384,756 384,756 389,036 428,163
351,041 0 351,578 537 1,021 1,309
77,043 77,496 95,031 95,031 88,627 88,627 96,329 111,223
69,984 71,122 67,245 95,615 67,019 96,064 93,501 88,750
2,726 2,726 4,491 28,658 4,491 28,658 28,657 28,657
45,954 49,663 56,283 60,957 59,527 63,906 65,034 69,864
250,654 254,214 255,650 314,032 263,121 320,659 320,139 321,431

75,692 62,799 90,765 94,627 82,244 85,668 94,238 113,942

10,871 9,515 7,431 7,431 10,058 10,058 7,719 18,380
2,326 2,181 3,511 3,511 3,406 3,406 3,407 3,592
99,304 106,103 163,443 171,263 174,270 180,479 197,533 209,427
6,772,226 7,583,712 9,212,532 10,769,032 9,058,963 10,362,587 11,280,822 12,136,922

30,459 21,218 56,545 22,872 127,448 22,632 77,341 99,448

132,437 139,138 153,421 176,443 101,852 101,240 30,790 39,621
40,850 55,108 0 117,592 0 179,134 9,502 10,454
203,746 215,464 209,965 316,907 229,300 303,006 117,633 149,522
567,528 647,540 800,741 1,412,095 747,671 1,283,666 1,499,438 1,524,097
14,758 314,454 439,234 439,234 497,195 497,195 666,544 970,141
4,939 17,573 29,330 29,341 28,483 28,493 29,935 32,170
587,225 979,567 1,269,305 1,880,670 1,273,349 1,809,354 2,195,917 2,526,408
790,971 1,195,031 1,479,270 2,197,577 1,502,649 2,112,360 2,313,550 2,675,930
4,269,778 4,593,237 5,641,123 6,454,949 5,392,157 6,070,833 6,666,413 7,096,523
282,815 283,637 368,381 368,381 344,841 344,841 390,070 411,193
406 551 479 2,578 44 2,902 273 362
16,460 24,227 23,508 23,508 24,376 24,376 24,106 19,818
7,323 1,822 1,716 5,646 768 3,727 2,138 851
11,537 13,908 14,529 16,026 13,448 15,528 10,733 11,072
49,834 42,732 43,900 50,998 52,254 55,122 122,019 59,616
28,177 39,917 63,984 66,739 52,236 52,354 61,014 71,251
5,457,302 6,195,063 7,636,889 9,186,401 7,382,773 8,682,043 9,590,315 10,346,615

19,623 1,494 1,581 1,581 1,581 1,581 1,601 1,605

408,649 572,780 677,211 677,211 677,211 677,211 706,580 714,651
798,443 781,463 944,615 955,174 1,046,100 1,055,011 1,051,974 1,137,497
-162,167 -162,167 -162,167 -162,167 -162,167 -162,167
17,469 20,398 23,327 23,327 21,303 21,303 4,753 7,291
64,574 -18,328 62,918 59,241 62,294 57,737 61,244 63,607
1,308,759 1,357,808 1,547,485 1,554,366 1,646,323 1,650,677 1,663,985 1,762,485

6,165 30,842 28,158 28,264 29,867 29,867 26,522 27,822

1,314,924 1,388,649 1,575,643 1,582,631 1,676,190 1,680,544 1,690,506 1,790,307

6,772,226 7,583,712 9,212,532 10,769,032 9,058,963 10,362,587 11,280,822 12,136,922

2.3423 2.3297 2.6468 2.6468 2.4452 2.4452 2.4072 2.4767

31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19

1,431,477 1,245,562 1,605,163 1,114,672 1,166,911 927,830 1,628,344

39,643 23,311 42,469 152,010 47,316 29,981 27,860
1,033,818 978,116 1,034,177 1,426,773 1,422,809 1,416,082 1,841,237
8,325,353 8,136,820 8,574,580 9,279,982 10,038,452 10,029,320 10,801,264
580,784 817,876 868,060 1,005,239 889,137 908,157
657,938
0 0 0 0 0 0 0
449,538 429,875 477,694 518,179 654,203 661,630 766,663
1,277 1,585 1,925 2,220 2,432 2,601 2,363
143,837 145,546 172,027 183,715 203,802 208,243 220,871
79,232 76,690 78,094 78,274 84,296 84,055 79,114
28,657 28,657 28,657 28,718 31,286 31,798 45,301
83,492 84,997 87,947 96,662 109,220 119,665 123,910
366,913 369,610 374,414 375,002 315,502 314,897 322,089
60,951 61,555
146,144 127,852 107,741 103,520 167,518 124,093 165,382
19,084 8,454 7,369 7,650 2,116 11,102 19,417
2,855 2,527 2,331 2,499 2,097 1,973 1,753
156,651 160,662 171,044 186,060 192,791 207,519 211,849
12,965,910 12,401,047 13,583,510 14,423,997 15,445,992 15,120,876 17,227,131
0
21,777 17,661 35,003 29,740 23,273 18,808 12,234
64,441 94,219 172,602 55,693 136,161 214,538 261,153
0 0 0 117,505 0 87,436 170,188
86,218 111,880 207,605 202,939 159,434 320,782 443,575
1,591,778 1,501,132 2,027,207 2,172,682 2,065,560 2,180,964 2,227,596
908,271 622,933 829,773 570,295 769,911 153,535 340,323
34,447 34,173 33,016 35,353 36,598 37,304 41,248
2,534,496 2,158,239 2,889,996 2,778,331 2,872,069 2,371,803 2,609,167
2,620,714 2,270,119 3,097,602 2,981,269 3,031,503 2,692,585 3,052,742
7,816,817 7,610,804 7,932,585 8,740,449 9,352,142 9,166,789 9,876,813
426,788 402,058 397,576 412,803 650,919 664,330 688,002
447 44 26 30 63 36 727
20,695 19,371 19,641 13,027 13,343 13,415 848,838
602 663 22,980 27,202 19,793 16,893 18,917
13,200 12,467 11,732 16,329 18,767 18,250 20,116
91,753 90,499 88,320 90,966 98,714 171,421 314,878
84,440 64,618 69,364 85,972 104,337 78,387 85,883
11,075,457 10,470,643 11,639,827 12,368,046 13,289,581 12,822,106 14,906,915

1,605 1,626 1,650 1,650 1,650 1,672 1,672

 714,651 753,298 796,808 796,854 796,854 831,773 831,773
1,232,865 1,266,299 1,261,578 1,372,798 1,531,621 1,665,044 1,676,688
-162,167 -162,167 -162,167 -162,167 -162,167 -162,167 -162,167
9,828 -24,608 -21,084 -18,689 -16,294 -43,080 -37,968
64,415 66,760 60,157 62,561 1,744 2,409 6,200
1,861,198 1,901,209 1,936,943 2,053,008 2,153,408 2,295,652 2,316,198

29,255 29,195 6,741 2,943 3,002 3,119 4,018

1,890,453 1,930,404 1,943,684 2,055,951 2,156,411 2,298,771 2,320,216

12,965,910 12,401,047 13,583,510 14,423,997 15,445,992 15,120,876 17,227,131

(0)

2.5922 2.4144 2.4516 2.6151 2.6766 2.6914 2.8687

30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20*** 30-Sep-2020 31-Dec-20

1,349,260 1,003,583 1,127,242 981,803 1,454,973 1,635,405

30,297 33,605 34,699 30,879 39,941 50,805
1,954,662 1,591,829 1,900,285 1,794,010 2,024,080 2,098,506
11,344,779 12,349,399 13,388,126 13,105,988 14,055,807 14,594,274
1,177,963 985,293 999,578 1,082,519 1,346,770 1,527,268

0 0 0 0 0 0
871,640 1,022,684 1,051,603 1,335,415 1,322,203 1,089,801
2,536 2,654 2,792 2,112 2,265 4,090
241,840 256,660 281,717 270,172 268,430 271,660
78,449 72,667 70,926 70,716 83,458 68,689
63,215 61,558 62,108 60,296 60,296 59,964
134,837 167,597 181,283 194,689 207,670 239,523
329,719 334,728 343,194 345,265 359,001 372,957
59,040 59,693 58,182 62,664 59,040 53,927
243,330 133,736 188,196 174,378 263,979 171,302
29,599 25,695 25,771 36,703 58,721 69,889
2,179 2,173 21,472 7,470 602 2,787
205,065 255,711 245,358 258,348 259,737 266,961
18,118,410 18,359,266 19,982,532 19,813,429 21,866,973 22,577,806

30,263 27,747 106,301 107,292 104,806 43,298

156,792 139,267 108,084 147,219 120,985 97,496
29,925 0 0 0 0 0
216,980 167,014 214,384 254,511 225,791 140,794
2,093,987 2,005,900 2,253,362 2,483,612 2,585,071 2,403,340
1,260,875 1,378,994 1,250,087 1,617,344 1,262,095 1,883,290
41,251 41,993 49,352 47,939 54,218 58,948
3,396,113 3,426,886 3,552,801 4,148,895 3,901,384 4,345,579
3,613,093 3,593,901 3,767,185 4,403,406 4,127,175 4,486,373
9,897,323 10,049,324 11,209,149 10,420,330 12,343,414 12,572,728
615,939 591,035 683,227 628,649 682,648 672,740
1,128 1,634 465 692 565 853
1,251,649 1,213,598 1,488,024 1,396,142 1,527,318 1,496,497
18,698 18,888 5 5 4,369 13,088
22,729 23,128 25,861 25,558 25,417 25,335
158,907 173,506 205,736 204,683 250,508 286,418
88,673 95,162 77,743 80,558 79,172 87,841
15,668,139 15,760,176 17,457,396 17,160,024 19,040,586 19,641,873

1,682 1,682 1,682 1,682 1,682 1,682

-15 -22 -34,451 -34,451 -34,451 -33,413
 828,936 820,964 848,459 848,459 848,459 848,459
1,801,816 1,961,231 1,904,716 2,029,546 2,180,291 2,281,428
-162,167 -162,167 -162,167 -162,167 -162,167 -162,167
-28,104 -17,803 -36,177 -31,807 -25,222 -20,567
984 -13,326 -5,137 -7,178 7,062 9,032
2,443,132 2,590,560 2,516,925 2,644,084 2,815,654 2,924,454

7,140 8,530 8,211 9,321 10,732 11,479

2,450,271 2,599,090 2,525,137 2,653,405 2,826,386 2,935,933

18,118,410 18,359,266 19,982,532 19,813,429 21,866,973 22,577,806

2.9552 2.8677 3.2845 3.0552 3.2878 3.2766

 P&L

Loan Portfolio (in GEL '000) 31-Dec-11

Gross loans by segments (per old segmentation)

Gross loans by segments (per new segmentation)

Consumer loans
Mortgage loans
Other
Retail loans
Corporate loans
MSME loans
Gross Loans
Credit loss allowance
Net Loans
Note: Since January 2015, following the merger with Bank Constanta, the Bank reclassified its loan and deposit portfolios. The current dynamic shown under the 'Deposit

Gross Loans by sectors (per old sectoral breakdown)

Gross Loans by sectors (per updated sectoral breakdown)****

Agriculture
Automotive
Communication
Construction
Energy & Utilities
Financial Services
Food Industry
Healthcare
Hospitality & Leisure
Individual
Metals and Mining
Pawn Shops
Real Estate
Services
Trade
Transportation
Other

Loans by segments and currencies (per old segmentation)

Loans by segments and currencies (per new segmentation)

Total GEL Loans
Total FX Loans
Retail
Corporate
MSME

Asset quality
Credit loss allowance of loans 16,049
Write-offs -50,551
Recoveries 25,708
Credit loss allowance of loans level eop 158,660
PAR 30 22,097
PAR 90 13,849
NPLs n/a
Individually Impaired Loans 33,492
Collectively Impaired Loans 38,580
Stage 1 gross loans and advances to customers*****
Stage 2 gross loans and advances to customers*****
Stage 3 gross loans and advances to customers*****
Stage 1 net loans and advances to customers*****
Stage 2 net loans and advances to customers*****
Stage 3 net loans and advances to customers*****
Ratios
PAR 30 to Gross Loans 1.0%
PAR 90 to Gross Loans 0.6%
NPLs to Gross Loans***
NPLs coverage per IAS 39
NPLs coverage with collateral per IAS 39
NPLs coverage per IFRS 9
NPLs coverage with collateral per IFRS 9
FX income linked borrowers of FX loans

Asset quality by segments (per old segmentation)

Asset quality by segments (per new segmentation)

Retail Loans
Corporate Loans
MSME Loans

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August 2016.

**the figures are given without BR consolidation effect

*** NPLs to gross loans equal loans with 90 days past due on principal or interest payments, and loans with well-defined weakness, regardless of the existence of any pa
**** Starting from 30 September 2018 certain corporate and MSME clients were reclassified among sectors
***** Per IFRS 9 the Group classifies its borrowers across three stages: Stage 1 - no significant deterioration in credit quality occurred since initial recognition and the in
 P&L Balance Sheet Loan Portfolio Deposit Portfolio

31-Mar-12 30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13

he current dynamic shown under the 'Deposit Portfolio by Segments' shows the reclassified portfolios for periods starting from 31 December 2014. Therefore previous year periods may no

-752 18,642 25,529 23,154 19,653 16,954 23,945

-3,527 -15,690 -21,637 -35,363 -7,463 -21,476 -32,523
7,132 10,811 13,672 20,047 2,644 6,670 9,258
161,511 172,423 176,223 166,498 181,332 168,646 167,177
37,850 47,719 51,528 56,068 58,881 75,587 74,038
15,091 21,550 27,755 26,276 32,416 35,994 46,842
n/a n/a n/a n/a n/a n/a n/a
39,931 95,204 101,309 194,791 189,318 150,247 149,587
41,834 44,654 53,644 49,929 49,471 47,952 55,366
 1.7% 1.9% 2.1% 2.2% 2.3% 2.9% 2.8%
0.7% 0.9% 1.1% 1.0% 1.3% 1.4% 1.8%

eakness, regardless of the existence of any past-due amount or of the number of days past due divided by the gross loan portfolio for the same period

ty occurred since initial recognition and the instrument was not credit-impaired when initially recognized; Stage 2 - significant deterioration in credit quality was identified since initial re
 Capital P&L by segments Ratios Operating Data

31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15

r 2014. Therefore previous year periods may not be comparable by segments

32,972 14,586 26,953 32,474 48,672 29,386 48,724

-57,385 -29,088 -52,686 -61,791 -79,247 -8,401 -17,156
14,787 6,142 15,084 18,592 23,470 3,725 11,561
156,869 148,510 146,222 146,145 149,764 174,178 192,585
48,492 70,163 62,305 61,196 45,055 89,637 79,223
31,615 29,514 30,302 30,428 19,901 31,279 47,428
n/a n/a n/a n/a 114,739 164,866 186,205
188,670 163,464 151,354 144,967 149,811 204,397 233,520
44,652 60,571 60,632 57,704 62,086 87,909 105,997
 1.6% 2.4% 2.0% 1.9% 1.2% 2.1% 1.9%
1.1% 1.0% 1.0% 0.9% 0.5% 0.7% 1.1%
3.1% 3.9% 4.4%
130.5% 105.6% 103.4%

38.7% 39.0%

on in credit quality was identified since initial recognition but the financial instrument is not considered credit-impaired; Stage 3 - credit-impaired indicators have been identified
Operating Data

30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16 ** 31-Dec-16 31-Mar-17**

1,134,339 1,149,980 1,200,659 1,276,859 1,398,905 1,838,895 1,433,646

905,274 894,240 931,980 1,015,550 1,272,057 1,808,433 1,218,690
35,760 35,895 35,361 32,973 33,247 33,247 33,985
2,075,373 2,080,115 2,168,000 2,325,383 2,704,210 3,680,575 2,686,321
1,500,104 1,347,213 1,431,937 1,471,931 1,789,309 2,062,229 1,628,207
1,063,552 1,066,391 1,111,192 1,206,251 1,417,634 1,615,919 1,396,068
4,639,029 4,493,719 4,711,130 5,003,564 5,911,152 7,358,723 5,710,597
-194,143 -195,428 -190,104 -194,035 -213,856 -225,022 -184,730
4,444,886 4,298,291 4,521,026 4,809,530 5,697,296 7,133,701 5,525,867

157,193 156,780 159,255 184,660 201,065 212,148 177,066

109,556 107,409 116,794 121,638 141,673 144,157 100,629
114,401 110,246 106,386 46,221 45,864 45,864 60,054
100,680 106,943 123,563 162,778 186,075 210,888 187,520
333,172 301,548 361,104 300,352 484,354 540,116 512,514
85,926 76,068 78,720 148,918 167,542 188,646 115,262
255,795 244,107 221,828 223,809 287,838 301,290 249,098
131,276 83,644 116,127 136,615 159,827 182,131 156,119
266,917 263,388 261,386 272,898 312,708 319,497 303,029
2,039,612 2,044,220 2,132,639 2,292,410 2,670,962 3,721,450 2,652,336
75,785 70,777 68,557 84,022 62,464 62,464 61,626
260,373 268,313 286,711 283,940 305,031 305,031 291,013
222,235 211,492 207,138 230,352 247,468 252,112 223,594
60,340 79,101 81,941 80,557 88,577 109,187 85,007
232,599 202,750 209,583 210,833 273,297 447,541 264,106
61,432 56,999 60,405 80,101 89,467 89,467 92,786
131,737 109,934 118,992 143,460 186,939 226,734 178,838

1,627,675 1,532,666 1,590,340 1,828,902 1,992,470 2,508,430 2,125,061

3,011,354 2,961,053 3,120,790 3,174,662 3,918,682 4,850,293 3,585,536
2,075,373 2,080,115 2,168,000 2,325,383 2,704,210 3,680,575 2,686,321
1,500,104 1,347,213 1,431,937 1,471,931 1,789,309 2,062,229 1,628,207
1,066,391 1,111,192 1,206,251 1,417,634 1,615,919 1,396,068

70,736 72,791 13,067 25,277 38,796 36,997 49,201 7,323

-27,683 -49,451 -14,613 -36,256 -52,307 -73,032 -74,566 -42,537
16,511 22,829 2,894 7,052 13,982 56,076 56,570 6,592
209,304 194,144 195,428 190,104 194,035 213,856 225,022 184,730
122,367 99,557 138,163 115,143 115,177 134,138 158,306 145,592
54,658 47,329 76,131 68,971 74,652 77,117 93,715 96,176
225,086 222,020 215,714 221,995 230,116 236,349 254,599 222,557
252,817 212,856 197,070 184,388 108,766 114,891 120,505 82,612
127,388 72,948 89,791 87,097 92,721 106,636 118,192 114,545
 2.7% 2.1% 3.1% 2.4% 2.3% 2.3% 2.2% 2.5%
1.2% 1.0% 1.7% 1.5% 1.5% 1.3% 1.2735% 1.7%
4.9% 4.8% 4.8% 4.7% 4.6% 4.0% 3.5% 3.9%
93.0% 87.4% 90.6% 85.6% 84.3% 90.5% 88.4% 83.0%
209.9% 213.3% 205.3% 205.0% 216.8% 222.5% 210.8%

38.1% 39.0% 38.4% 38.1% 39.6% 38.9% N/A 34.4%

mpaired indicators have been identified

31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

1,859,865 1,919,788 1,972,012 2,128,658 1,926,828 1,975,426 1,958,883 1,941,385

1,736,302 1,744,421 1,900,186 2,069,728 2,007,914 2,185,630 2,452,157 2,709,183
33,985 35,648 34,861 34,767 34,583 35,392 35,357 48,131
3,630,152 3,699,858 3,907,059 4,233,153 3,969,325 4,196,448 4,446,397 4,698,699
1,922,615 2,057,643 2,128,478 2,475,392 2,489,516 2,581,612 2,891,628 3,177,289
1,568,270 1,628,933 1,732,096 1,844,671 1,974,075 2,117,886 2,284,539 2,496,594
7,121,037 7,386,435 7,767,634 8,553,217 8,432,916 8,895,947 9,622,563 10,372,582
-202,791 -212,129 -218,573 -227,864 -296,096 -321,367 -342,581 -334,130
6,918,246 7,174,306 7,549,061 8,325,353 8,136,820 8,574,580 9,279,982 10,038,452

194,751 216,463 245,152 269,844 352,978 371,703 413,460 418,432

104,329 120,697 139,789 160,795 159,435 170,654 149,475 156,241
60,054 66,292 85,044 114,032 243,733 218,039 221,345 229,522
201,335 226,333 217,141 233,771 264,736 256,503 302,692 359,549
562,855 637,989 639,833 719,854 664,549 653,870 677,543 776,204
136,361 90,769 123,947 87,501 68,593 68,012 71,310 71,617
261,855 428,346 451,319 524,286 481,418 475,882 564,139 570,810
175,453 167,686 151,813 172,255 177,081 183,630 199,613 220,756
311,771 360,121 368,794 450,741 411,126 497,727 683,131 759,605
3,596,167 3,664,210 3,872,198 4,198,386 3,941,002 4,167,732 4,421,940 4,677,328
61,626 63,031 72,697 84,419 72,806 95,133 97,056 100,855
291,013 295,522 285,007 279,410 265,149 280,235 283,043 278,384
231,004 252,511 318,756 453,415 465,675 504,997 509,827 564,197
112,671 75,462 92,236 108,186 88,926 94,681 139,132 180,045
485,982 402,403 392,816 394,495 394,738 436,193 431,741 445,290
92,786 87,644 91,164 96,427 67,230 70,563 71,632 80,075
241,025 230,959 219,928 205,399 313,741 350,393 385,485 483,672

2,747,810 2,899,021 3,165,600 3,443,921 3,527,569 3,696,188 3,924,110 4,138,997

4,373,227 4,487,413 4,602,034 5,109,296 4,905,347 5,199,759 5,698,455 6,233,585
3,630,152 3,699,858 3,907,059 4,233,153 3,969,325 4,196,448 4,446,397 4,698,699
1,922,615 2,057,643 2,128,478 2,475,392 2,489,516 2,581,612 2,891,628 3,177,289
1,568,270 1,628,933 1,732,096 1,844,671 1,974,075 2,117,886 2,284,540 2,496,594

16,922 40,367 65,402 93,823 27,999 65,980 109,325 143,723

-46,278 -69,050 -96,186 -138,759 -31,894 -56,159 -90,729 -147,995
7,629 16,229 24,466 47,327 9,179 20,604 32,393 46,678
202,791 212,129 218,573 227,864 296,096 321,367 342,582 334,130
168,965 179,371 206,017 186,392 168,099 178,719 219,215 204,596
110,030 119,820 122,977 118,274 102,946 100,698 128,531 123,773
239,762 251,660 271,566 278,437 258,353 276,895 302,568 325,500
85,311 50,847 54,318 65,457 63,073 62,454 137,480
129,767 135,052 138,237 131,202 184,608 192,992 209,991
7,264,859 7,720,570 8,369,294 9,226,512
918,250 916,184 903,041 791,969
 249,889 259,193 350,228 354,101
7,184,253 7,634,671 8,279,905 9,129,700
814,728 804,758 796,164 696,185
137,839 135,151 203,911 212,567

2.4% 2.4% 2.7% 2.2% 2.0% 2.0% 2.3% 2.0%

1.5% 1.6% 1.6% 1.4% 1.2% 1.1% 1.3% 1.2%
3.4% 3.4% 3.5% 3.3% 3.1% 3.1% 3.1% 3.1%
84.6% 84.3% 80.5% 81.8%
217.4% 219.3% 206.8% 186.5%
104.7% 114.6% 116.1% 113.2% 102.7%
209.4% 225.8% 216.1% 209.0% 216.4%
N/A 32.5% 32.9% 34.3% 33.9% 34.4% 34.4% 34.0%
31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20

1,835,065 1,818,738 1,805,827 1,844,685 1,947,298 1,921,679 2,001,860

2,695,457 2,959,819 3,055,151 3,169,197 3,497,654 3,396,615 3,752,584
47,752 56,762 42,155 39,321 40,168 40,429 41,380
4,578,274 4,835,319 4,903,133 5,053,203 5,485,119 5,358,723 5,795,824
3,364,911 3,658,341 4,029,321 4,660,473 5,209,833 5,070,563 5,324,007
2,423,728 2,647,698 2,747,802 2,948,279 3,234,687 3,206,106 3,470,946
10,366,913 11,141,357 11,680,256 12,661,955 13,929,639 13,635,393 14,590,777
-337,595 -340,096 -335,478 -312,557 -541,513 -529,404 -534,971
10,029,318 10,801,264 11,344,779 12,349,399 13,388,126 13,105,989 14,055,807

428,842 460,080 467,857 498,783 565,365 580,203 613,265

194,036 199,842 204,949 183,912 226,284 223,555 265,912
221,655 39,719 38,579 43,329 50,642 45,824 48,651
376,172 448,005 461,067 576,923 696,269 735,129 644,571
825,872 970,932 1,047,255 1,089,643 1,200,005 1,148,256 1,001,504
56,162 84,689 81,734 96,430 79,027 81,852 71,314
586,463 659,409 716,964 785,539 776,703 703,789 819,785
238,551 242,208 269,990 305,152 349,877 345,471 344,138
816,633 913,244 952,795 988,467 1,127,781 1,141,852 1,285,101
4,560,434 4,810,901 4,891,258 5,046,804 5,480,696 5,354,863 5,791,395
100,793 93,781 97,028 99,321 111,838 101,080 253,474
276,006 272,640 244,170 203,633 207,122 199,744 185,783
586,331 688,291 832,655 1,076,102 1,268,645 1,218,235 1,364,779
190,986 205,084 213,359 212,661 228,810 224,944 249,414
508,655 549,187 542,684 616,475 662,960 633,018 683,909
108,115 118,118 122,989 134,223 143,581 136,407 152,391
291,208 385,228 494,923 704,558 754,033 761,168 815,391

4,184,608 4,467,826 4,888,070 5,230,863 5,236,489 5,352,130 5,627,651

6,182,305 6,673,531 6,792,186 7,431,092 8,693,151 8,283,262 8,963,126
4,578,274 4,835,319 4,903,133 5,053,203 5,485,119 5,358,723 5,795,824
3,364,911 3,658,341 4,029,321 4,660,473 5,209,833 5,070,563 5,324,007
2,423,728 2,647,698 2,747,802 2,948,279 3,234,687 3,206,106 3,470,946

36,416 66,483 87,178 82,030 241,025 249,216 255,100

-40,988 -79,214 -114,594 -140,160 -22,901 -41,489 -55,295
7,926 18,243 24,929 33,799 5,168 7,285 15,300
337,595 340,096 335,478 312,557 541,513 529,404 534,971
250,082 238,900 229,785 209,026 320,245 172,130 254,929
137,986 145,313 142,971 138,037 163,932 140,635 182,973
337,289 347,414 343,267 343,089 404,768 392,894 511,330

9,185,981 9,836,180 10,389,487 11,551,934 11,488,072 11,332,520 11,814,226

822,221 946,426 925,090 757,093 2,016,113 1,898,843 2,302,893
 358,712 358,754 365,679 352,928 425,454 404,029 473,657
9,093,813 9,739,242 10,291,872 11,456,245 11,355,347 11,156,384 11,632,238
725,853 847,701 830,081 674,406 1,763,753 1,702,592 2,114,217
209,654 214,321 222,824 218,748 269,026 247,013 309,351

2.4% 2.1% 2.0% 1.7% 2.3% 1.3% 1.7%

1.3% 1.3% 1.2% 1.1% 1.2% 1.0% 1.3%
3.3% 3.1% 2.9% 2.7% 2.9% 2.9% 3.5%

100.1% 97.9% 97.7% 91.1% 133.8% 134.7% 104.6%

210.8% 206.0% 209.9% 194.2% 241.0% 246.7% 215.8%
34.4% 34.6% 33.7% 36.5% 37.8% 40.9% 42.3%
31-Dec-20

1,970,269
3,942,102
41,316
5,953,687
5,690,749
3,556,084
15,200,520
-606,247
14,594,273

642,024
263,276
46,407
667,904
1,078,504
78,923
898,597
369,645
1,368,887
5,948,346
229,368
168,571
1,460,821
268,982
708,559
159,857
841,850

6,166,468
9,034,052
5,953,687
5,690,749
3,556,084

330,811
-66,028
21,136
606,246
394,694
227,498
708,116

11,860,556
2,448,126
 891,838
11,730,330
2,305,213
558,730

2.6%
1.5%
4.7%

85.6%
189.1%
43.8%
 P&L

Deposit portfolio (in GEL '000) 31-Dec-11 31-Mar-12

Deposit portfolio (per old segmentation)

Deposit portfolio (per new segmentation) 31-Dec-11 31-Mar-12

Retail Deposits
Corporate Deposits
SME Deposits
Micro Deposits
Total Deposits
Note: Since January 2015, following the merger with Bank Constanta, the Bank reclassified its loan and deposit portfolios. The current dynamic shown under the 'Deposit Portfo

Deposits by type and term

State and public organisations 174,506 106,798
Other Legal entities 725,868 841,406
Individuals 1,098,882 1,157,932

Deposits by segments and term (per old segmentation)

Deposits by segments and term (per new segmentation)

Retail
Corporate
MSME

Deposits by segments and currencies (per old segmentation)

Deposits by segments and currencies (per new segmentation)

Total GEL Deposits
Total FX Deposits
Retail
Corporate
MSME

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August
2016.

**the figures are given wihout BR consoldiation effect

 Balance Sheet Loan Portfolio Deposit Portfolio Capital P&L by segments

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14

ynamic shown under the 'Deposit Portfolio by Segments' shows the reclassified portfolios for periods starting from 31 December 2014. Therefore previous year periods may not be comparable

193,844 195,508 298,564 254,547 216,565 236,164 206,981 168,763 163,476 120,387
703,734 992,288 790,293 669,919 847,667 866,567 1,069,226 935,622 1,019,112 1,094,178
1,192,506 1,200,959 1,398,087 1,463,319 1,499,464 1,511,010 1,610,676 1,649,499 1,746,626 1,788,244
 Ratios Operating Data

31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16 ** 31-Dec-16

31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16 ** 31-Dec-16
2,593,415 2,639,960 2,807,996 3,418,681 3,747,775
760,438 982,282 1,006,739 1,468,771 1,875,576
577,771 647,536 778,502 753,671 831,598

3,931,623 4,269,778 4,593,237 5,641,123 6,454,949

periods may not be comparable by segments

173,486 262,850 226,340 215,866 239,266 174,063 211,343 195,484 301,967 319,733
1,171,769 1,204,675 1,288,082 1,604,654 1,402,183 1,164,146 1,418,475 1,589,756 1,920,475 2,387,065
1,977,173 2,257,142 2,316,761 2,465,664 2,536,482 2,593,415 2,639,960 2,807,996 3,418,681 3,748,151

2,593,415 2,639,960 2,807,996 3,418,681 3,748,151

760,438 982,282 1,006,739 1,468,771 1,875,200
577,771 647,536 778,502 753,671 831,598

890,339 1,117,947 1,121,311 1,308,471 1,645,952

3,041,284 3,151,832 3,471,926 4,332,652 4,808,997
2,593,415 2,639,960 2,807,996 3,418,681 3,748,151
760,438 982,282 1,006,739 1,468,771 1,875,200
577,771 647,536 778,502 753,671 831,598
31-Mar-17** 31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

31-Mar-17** 31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

3,267,452 3,543,911 3,707,854 4,015,753 4,378,266 4,197,277 4,467,637 4,850,585 5,103,970
1,399,525 1,733,114 2,057,651 2,130,763 2,410,862 2,474,559 2,559,450 2,920,526 3,230,655
725,180 793,808 900,908 950,005 1,027,689 938,968 905,498 969,337 1,017,518

5,392,157 6,070,833 6,666,413 7,096,522 7,816,817 7,610,804 7,932,585 8,740,449 9,352,142

328,588 343,467 597,706 912,712 1,020,424 1,207,153 1,084,232 1,237,583 1,205,864

1,796,116 2,183,456 2,360,853 2,168,056 2,418,128 2,206,375 2,380,715 2,652,280 3,042,307
3,267,452 3,543,911 3,707,854 4,015,754 4,378,266 4,197,277 4,467,638 4,850,585 5,103,971

3,267,452 3,543,911 3,707,854 4,015,753 4,378,266 4,197,277 4,467,637 4,850,585 5,103,970

1,399,525 1,733,114 2,057,651 2,130,763 2,410,862 2,474,559 2,559,450 2,920,526 3,230,655
725,180 793,808 900,908 950,005 1,027,689 938,968 905,498 969,337 1,017,518

1,391,755 1,692,328 2,018,389 2,162,093 2,394,337 2,548,390 2,605,135 2,920,026 3,205,448

4,000,402 4,378,505 4,648,024 4,934,429 5,422,479 5,062,414 5,327,450 5,820,423 6,146,694
3,267,452 3,543,911 3,707,854 4,015,753 4,378,266 4,197,277 4,467,637 4,850,585 5,103,970
1,399,525 1,733,114 2,057,651 2,130,763 2,410,862 2,474,559 2,559,450 2,920,526 3,230,655
725,180 793,808 900,908 950,005 1,027,689 938,968 905,498 969,337 1,017,518
31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

4,914,927 5,360,114 5,550,226 5,673,918 6,166,759 6,019,291 6,699,866 7,255,020
3,316,436 3,510,179 3,242,876 3,187,318 3,892,287 3,222,718 4,330,403 3,939,501
935,427 1,006,521 1,104,221 1,188,088 1,147,065 1,171,597 1,304,952 1,368,490
3,038 6,724 8,193 9,717
9,166,790 9,876,814 9,897,323 10,049,324 11,209,149 10,420,330 12,343,414 12,572,728

1,485,496 1,419,296 952,993 914,574 1,399,306 883,629 1,493,763 1,094,445

2,766,365 3,097,403 3,394,103 3,462,066 3,640,046 3,510,686 4,141,592 4,213,546
4,914,927 5,360,114 5,550,227 5,672,684 6,169,797 6,026,015 6,708,059 7,264,737

4,914,927 5,360,114 5,550,226 5,673,918 6,166,759 6,019,291 6,699,867 7,255,020

3,316,436 3,510,179 3,242,876 3,187,318 3,892,287 3,222,718 4,330,403 3,939,501
935,427 1,006,521 1,104,221 1,188,088 1,150,103 1,178,321 1,313,144 1,378,207

3,374,915 3,670,576 3,414,580 3,428,817 3,781,307 3,581,564 4,495,609 4,242,887

5,791,875 6,206,238 6,482,743 6,620,508 7,427,842 6,838,766 7,847,805 8,329,841
4,914,927 5,360,114 5,550,226 5,673,918 6,166,759 6,019,291 6,699,867 7,255,020
3,316,436 3,510,179 3,242,876 3,187,318 3,892,287 3,222,718 4,330,403 3,939,501
935,427 1,006,521 1,104,221 1,188,088 1,150,103 1,178,321 1,313,144 1,378,207
 P&L by Segments (in GEL '000)
31-Dec-16 31-Dec-17
P&L by segments (per new segmentation)
Retail
interest income 386,192 535,851
interest expense -101,520 -118,516
Intersegment interest income/(expense) -34,056 -73,141
Net interest income 250,617 344,194
Fee and commission income 100,637 140,581
Fee and commission expense -42,905 -51,199
Net Fee and commission income 57,732 89,383
Net gains from foreign currency operations and foreign exchange translation 17,817 22,597
Other operating income 5,772 12,670
Other operating noninterest income 23,589 35,267
Credit loss allowance for loan -73,010 -106,579
Credit loss allowance for performance guarantees and credit related commitments -902 -261
Credit loss allowance of investments in finance lease 0 0
Credit loss allowance of other financial assets -207 -17
Credit loss allowance of investment securities measured at fair value through other comprehensive income 0 0
Profit before administrative and other expenses and income taxes 257,819 361,986
Losses from modifications related to one off events caused by COVID-19 0 0
Staff costs -100,888 -128,331
Depreciation and amortisation -21,560 -29,813
Administrative and other operating expenses -59,365 -81,356
Operating expenses -181,814 -239,501
Profit before tax 76,005 122,486
Income tax expense -7,406 -15,526
Profit for the year 68,599 106,959
Corporate
interest income 160,998 203,082
interest expense -45,205 -103,707
Intersegment interest income/(expense) -22,186 22,489
Net interest income 93,606 121,864
Fee and commission income 21,884 30,037
Fee and commission expense -3,977 -6,942
Net Fee and commission income 17,907 23,095
Net gains from derivatives, foreign currency operations and translation
23,945 38,885
Other operating income 9,837 13,465
Other operating noninterest income 33,782 52,350
Credit loss allowance for loan 48,948 27,031
Recovery of Credit loss allowance / (Credit loss allowance for) performance guarantees and credit related
commitments -388 183
Recovery of Credit loss allowance / (Credit loss allowance) for impairment of investments in finance lease 0 0
(Credit loss allowance) / recovery of Credit loss allowance of other financial assets -863 -7,666
 Credit loss allowance for financial assets measured at fair value through other comprehensive income

Profit before administrative and other expenses and income taxes 192,993 216,858
Losses from modifications related to one off events caused by COVID-19 0 0
Staff costs -23,068 -25,989
Depreciation and amortisation -1,062 -1,438
Administrative and other operating expenses -5,943 -7,457
Operating expenses -30,074 -34,884
Profit before tax 162,919 181,974
Income tax expense -24,513 -27,738
Profit for the year 138,406 154,235
MSME
interest income 141,533 184,008
interest expense -8,114 -11,661
Intersegment interest income/(expense) -36,752 -51,488
Net interest income 96,667 120,859
Fee and commission income 16,331 20,335
Fee and commission expense -4,689 -8,949
Net Fee and commission income 11,642 11,386
Net gains from derivatives, foreign currency operations and translation
26,271 26,885
Other operating income 1,076 1,726
Other operating noninterest income 27,347 28,612
Credit loss allowance of loans -25,140 -14,275
Recovery of Credit loss allowance / (Credit loss allowance for) performance guarantees and credit related
commitments 519 467
Recovery of Credit loss allowance / (Credit loss allowance) of investments in finance lease 0 0
(Credit loss allowance) / recovery of Credit loss allowance of other financial assets -38 -64
Recovery of impairment / (impairment) of financial assets - -
Profit before administrative and other expenses and income taxes 110,987 146,985
Losses from modifications related to one off events caused by COVID-19 0 0
Staff costs -28,188 -31,225
Depreciation and amortisation -3,507 -4,972
Administrative and other operating expenses -12,793 -15,118
Operating expenses -44,488 -51,316
Profit before tax 66,499 95,669
Income tax expense -10,325 -13,820
Profit for the year 56,174 81,849

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank
on 10 August 2016.
31-Dec-18 31-Dec-19 31-Dec-20

609,989 582,788 617,124

-123,729 -152,751 -184,990
-78,453 -66,951 -59,379
407,807 363,086 372,755
170,082 207,258 214,377
-64,270 -88,680 -109,822
105,812 118,578 104,555
28,588 30,725 31,561
8,658 9,563 6,901
37,246 40,289 38,462
-118,042 -77,324 -201,651
-412 411 -241
0 0 0
-3,959 -3,544 -1,476
0 0 0
428,451 441,496 312,403
0 0 -23,633
-128,957 -134,143 -110,988
-36,745 -45,521 -45,256
-90,329 -77,563 -69,187
-256,031 -257,227 -225,431
172,420 184,269 63,339
-22,898 -18,101 21,360
149,522 166,168 84,700

264,559 356,651 462,383

-133,302 -160,064 -203,390
35,531 31,352 34,455
166,788 227,939 293,448
40,667 49,339 57,198
-6,661 -7,069 -8,575
34,005 42,270 48,623
44,629 49,852 51,443
19,691 2,952 1,855
64,321 52,804 53,299
-9,826 3,261 -29,089

-2,826 -2,691 3,546

0 0 0
-8,634 2,211 -5,600
 -95 -142 -876
243,732 325,652 363,349
0 0 -6,345
-30,266 -38,360 -35,580
-2,226 -2,571 -4,296
-12,616 -17,127 -14,049
-45,108 -58,058 -53,925
198,624 267,594 303,079
-29,907 -29,048 -18,695
168,717 238,546 284,384

255,833 299,451 335,161

-9,710 -10,202 -12,100
-83,475 -101,424 -125,599
162,648 187,826 197,463
22,498 26,271 26,405
-6,861 -9,081 -10,896
15,637 17,190 15,510
22,002 24,220 27,187
748 1,093 429
22,750 25,313 27,616
-15,854 -7,968 -100,070

-247 124 -67

0 0 0
-2 -11 0
- - -
184,931 222,473 140,452
0 0 -7,153
-43,385 -48,018 -48,631
-4,980 -7,210 -11,187
-21,184 -21,094 -22,186
-69,550 -76,323 -82,004
115,382 146,150 51,296
-17,250 -14,825 3,568
98,132 131,326 54,863
 P&L

Capital (in GEL '000) 31-Dec-11 31-Mar-12

NBG Basel II/III Capital adequacy ratios
Tier 1 capital
Total capital
Credit Risk Weighted Exposures
Risk Weighted Exposures for Market Risk
Risk Weighted Exposures for Operational Risk
Total Risk-weighted Exposures
Tier 1 Capital adequacy ratio
Total Capital adequacy ratio

NBG Capital adequacy ratios 31-Dec-11 31-Mar-12

Tier 1 capital 320,109 439,571
Total capital 491,911 514,972
Credit risk weighted assets (including off-balance obligations)
General reserve
Specific reserve
Total Risk-weighted Exposures 3,754,040 3,806,829
Tier 1 Capital adequacy ratio 8.5% 11.5%
Total Capital adequacy ratio 13.1% 13.5%

NBG Basel III Capital adequacy ratios 31-Dec-11 31-Mar-12

CET 1 Capital
Tier 1 capital
Total capital
Total Risk-weighted Exposures
CET 1 Capital adequacy ratio
Tier 1 Capital adequacy ratio
Total Capital adequacy ratio
CET 1 Capital adequacy ratio minimum requirement
Tier 1 Capital adequacy ratio minimum requirement
Total Capital adequacy ratio minimum requirement

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August
2016.

** Figures are based on internal estimates and are presented for comparison purpose

*** Due to COVID-19, NBG allowed Banks to use the conservation buffer and 2/3rd of currency induced Credit Risk
(CICR buffer), that led to reduction of minimum regulatory requirements.
 Balance Sheet Loan Portfolio Deposit Portfolio Capital P&L by segments

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14

467,509 489,818 506,430 515,749 526,224 518,293 713,644 743,614

606,466 622,878 646,810 655,987 704,173 696,270 886,050 913,829
4,093,417 4,553,155 4,911,779
18,635 3,946 5,835
343,018 343,892 390,378
4,455,070 4,331,572 4,416,783 4,431,691 4,900,993 4,880,514 5,307,993 5,486,786
10.5% 11.3% 11.5% 11.6% 10.7% 10.6% 13.4% 13.6%
13.6% 14.4% 14.6% 14.8% 14.4% 14.3% 16.7% 16.7%

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14
438,975 438,284 460,722 490,781 496,840 477,573 478,035 506,741 674,420 672,262
528,950 554,662 566,136 579,033 602,690 611,866 656,653 648,002 828,692 856,240
3,030,372 3,340,518 3,529,558
1,232,923 1,321,561 1,313,684
-137,411 -166,377 -170,220
3,993,717 4,081,202 4,125,884 4,001,316 4,070,191 4,079,978 4,495,703 4,454,455 4,673,022 4,835,565
11.0% 10.7% 11.2% 12.3% 12.2% 11.7% 10.6% 11.4% 14.4% 13.9%
13.2% 13.6% 13.7% 14.5% 14.8% 15.0% 14.6% 14.5% 17.7% 17.7%

30-Jun-12 30-Sep-12 31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14
 Ratios Operating Data

31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16

783,360 835,688 831,400 879,122 953,403 994,119 999,172 1,124,610 1,041,270

946,865 1,042,654 1,028,113 1,083,975 1,199,107 1,252,819 1,241,528 1,368,702 1,422,021
5,879,120 6,313,075 6,835,013 7,005,342 6,859,874 7,324,161 7,724,301 9,399,140
27,186 30,169 18,732 18,651 14,056 11,758 126,831 45,689
390,378 452,089 452,089 452,089 576,628 576,628 576,628 576,628
6,296,684 6,923,736 6,795,333 7,305,835 7,476,452 7,450,558 7,912,547 8,427,760 10,021,458
12.4% 12.1% 12.2% 12.0% 12.8% 13.3% 12.6% 13.3% 10.4%
15.0% 15.1% 15.1% 14.8% 16.0% 16.8% 15.7% 16.2% 14.2%

31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16

671,491 822,579 786,141 790,040 789,036 975,521 924,904 925,986 1,028,059
872,924 1,026,203 1,010,366 1,066,227 1,181,360 1,235,061 1,222,664 1,349,838 1,329,676
4,125,740 4,819,329 5,202,616 5,304,184 5,202,839 5,421,531 5,764,636 6,750,917
1,525,435 1,919,273 2,040,299 2,056,062 2,101,688 2,243,219 2,239,733 2,855,296
-155,192 -190,019 -216,649 -205,131 -229,484 -230,199 -194,205 -205,968
5,495,983 6,581,758 6,548,583 7,026,265 7,155,115 7,075,043 7,434,551 7,810,163 9,400,245
12.2% 12.5% 12.0% 11.2% 11.0% 13.8% 12.4% 11.9% 10.9%
15.9% 15.6% 15.4% 15.2% 16.5% 17.5% 16.4% 17.3% 14.1%

31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16

31-Mar-17 30-Jun-17 30-Sep-17 12/31/2017** 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

1,115,244 1,282,880 1,354,679 1,437,218

1,472,704 1,732,761 1,821,822 1,885,287
9,121,227 11,105,383 11,785,282 12,909,884
17,686 21,387 36,131 28,802
739,231 739,231 739,231 970,241
9,878,145 11,866,001 12,560,644 13,908,927
11.3% 10.8% 10.8% 10.3%
14.9% 14.6% 14.5% 13.5%

31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

1,287,160 1,110,586 1,115,702 1,113,446
1,384,259 1,705,776 1,797,843 1,901,575
6,677,520 8,560,636 12,553,423 13,830,073
2,670,170 3,262,371 -43,038 -30,862
-177,153 -215,290 -181,091 -186,782
9,170,537 11,607,716 12,329,293 13,612,430
14.0% 9.6% 9.0% 8.2%
15.1% 14.7% 14.6% 14.0%

31-Mar-17 30-Jun-17 9/30/2017** 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18

1,532,058 1,629,594
1,354,679 1,437,218 1,517,250 1,498,857 1,580,547 1,678,716
1,784,831 1,885,287 1,943,425 1,908,398 2,020,501 2,351,269
9,601,364 10,753,189 10,999,578 11,200,354 12,305,756 13,154,872
12.9% 13.4% 13.0% 12.4% 12.4%
14.1% 13.4% 13.8% 13.4% 12.8% 12.8%
18.6% 17.5% 17.7% 17.0% 16.4% 17.9%
8.4% 8.3% 8.3% 8.3% 9.7%
10.3% 10.2% 10.2% 10.3% 11.8%
12.9% 15.0% 15.6% 15.8% 16.7%
31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

1,698,420 1,678,050 1,770,734 1,871,892 1,518,950 1,631,006 1,738,739 1,911,233
1,746,745 1,730,302 2,191,792 2,281,706 1,987,693 2,068,052 2,211,178 2,385,181
2,421,461 2,430,135 2,894,704 2,974,029 2,767,850 2,787,136 2,984,109 3,137,912
12,689,740 13,986,201 14,889,695 15,590,927 16,604,960 16,249,475 17,478,610 18,301,477
13.4% 12.0% 11.9% 12.0% 9.1% 10.0% 9.9% 10.4%
13.8% 12.4% 14.7% 14.6% 12.0% 12.7% 12.7% 13.0%
19.1% 17.4% 19.4% 19.1% 16.7% 17.2% 17.1% 17.1%
9.8% 9.8% 9.8% 10.4% 6.9%*** 6.9%*** 6.9%*** 7.4%***
12.0% 11.9% 11.9% 12.5% 8.8%*** 8.7%*** 8.7%*** 9.2%***
16.9% 16.7% 16.7% 17.5% 13.3%*** 13.3%*** 13.2%*** 13.7%***
 P&L

Ratios
31-Mar-13 30-Jun-13
Ratios (based on monthly averages)
ROAE1 12.8% 17.3%
2
ROAA 2.1% 2.9%
ROAE before credit loss allowance3 26.3% 24.0%
ROAA before credit loss allowance4 4.3% 4.0%
Cost: Income5 50.8% 53.4%
Non-interest Income as % of Total Income 23.5% 26.5%
Net F&C Income as % of Total Income 12.4% 12.1%
Cost of Risk on Loans6(old segmentation) 3.2% 1.3%
6
Cost of Risk on Loans (new segmentation)
NIM7 8.3% 8.3%
8
Loan yields (old segmentation) 17.4% 17.0%
8
Loan yields (new segmentation)
Retail Loan Yields
Corporate Loan Yields
MSME Loan Yields
Deposit rates9(old segmentation) 6.4% 6.2%
Retail Deposit Yields 7.5% 7.2%
Corporate Deposit Yields 5.7% 5.4%
SME Deposit Yields 2.8% 2.7%
Micro Deposit Yields 8.2% 7.8%
9
Deposit rates (new segmentation)
Retail Deposit Yields
Corporate Deposit Yields
MSME Deposit Yields
MSME deposit rates GEL
MSME deposit rates FX
Yields on Securities
Interest rate earned on average interest earning assets 10 14.7% 14.4%
11
Cost of Funding 6.6% 6.4%
Spread12 8.1% 8.1%
Operating expenses/Average total assets 4.8% 5.1%
PAR 90 to Gross Loans13 1.3% 1.4%
14
Credit loss allowance Level to Gross Loans 7.2% 6.5%

* the figures are given for TBC Bank Group PLC which became the parent company of JSC TBC Bank on 10 August
2016.

**the figures are given wihout BR consoldiation effect

Ratio definitions
1.        Return on average total equity (ROAE) equals net income attributable to owners divided by monthly average of total shareholders’ equity attributable to the Bank’s
2.        Return on average total assets (ROAA) equals net income of the period divided by monthly average total assets for the same period.
3.        Return on average total equity (ROE) before credit loss allowance equals net income attributable to owners excluding all credit loss allowance divided by the month

4.        Return on average total assets (ROA) before credit loss allowance equals net income attributable to owners excluding all credit loss allowance divided by the month
5.        Cost to Income ratio equals total operating expenses for the period divided by the total revenue for the same period. (Revenue represents the sum of net interest inco
6.        Cost of risk on loans equals Credit loss allowance for loan divided by monthly average gross loans and advances to customers. Annualised where applicable.
7.        Net interest margin (NIM) is net interest income divided by monthly average interest-earning assets. Annualised where applicable.
8.        Loan yields equal interest income on loans and advances to customers divided by monthly average gross loans and advances to customers. Annualised where applic
9.      Deposit rates equal interest expense on customer accounts divided by monthly average total customer deposits. Annualised where applicable.
10.      Yields on interest earning assets equals total interest income divided by monthly average interest earning assets. Annualised where applicable.
11.      Cost of funding equals total interest expense divided by monthly average interest bearing liabilities. Annualised where applicable.
12.     Spread equals difference between yields on interest earning assets and cost of funding.
13.     PAR 90 to gross loans ratio equals loans for which principal or interest repayment is overdue for more than 90 days divided by the gross loan portfolio for the same
14.     Credit loss allowance Level to Gross Loans equal Credit loss allowance divided by the gross loan portfolio for the same period. From December 2017 figures are p
 Balance Sheet Loan Portfolio Deposit Portfolio Capital P&L by segments

30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15

18.3% 18.7% 20.0% 19.3% 19.4% 18.4% 17.9% 19.5% 19.0%

3.1% 3.1% 3.3% 3.3% 3.4% 3.3% 3.2% 3.4% 3.3%
25.0% 25.3% 27.3% 26.1% 24.4% 24.2% 29.3% 28.6% 27.9%
4.2% 4.2% 4.5% 4.4% 4.3% 4.4% 5.3% 5.0% 4.8%
51.5% 52.1% 47.6% 48.3% 48.7% 49.4% 39.2% 41.1% 41.8%
25.4% 25.9% 22.2% 24.0% 24.4% 26.1% 28.7% 28.4% 27.2%
12.5% 13.1% 11.3% 12.1% 12.6% 12.8% 12.4% 12.6% 12.5%
1.3% 1.3% 2.0% 1.8% 1.4% 1.6% 3.0% 2.4% 2.3%

8.4% 8.4% 8.8% 8.6% 8.5% 8.5% 8.0% 8.0% 7.9%

16.9% 16.6% 15.6% 15.3% 15.2% 14.9% 13.5% 13.6% 13.6%

5.8% 5.5% 4.0% 3.9% 3.8% 3.7% 3.7% 3.6% 3.6%

6.8% 6.4% 4.9% 4.8% 4.7% 4.6% 4.4% 4.3% 4.2%
5.2% 4.9% 3.3% 3.3% 3.1% 3.0% 3.3% 3.3% 3.2%
2.6% 2.3% 1.8% 1.8% 1.7% 1.6% 1.4% 1.5% 1.5%
7.6% 8.7% 5.6% 4.6% 3.8% 4.2% 4.4% 3.9% 3.5%

6.9%
14.3% 14.1% 13.4% 13.1% 12.9% 12.8% 12.3% 12.3% 12.3%
6.2% 5.9% 4.8% 4.8% 4.7% 4.6% 4.5% 4.5% 4.5%
8.2% 8.2% 8.6% 8.4% 8.3% 8.2% 7.8% 7.8% 7.8%
4.9% 5.0% 4.5% 4.6% 4.6% 4.8% 3.7% 3.8% 3.8%
1.8% 1.1% 1.0% 1.0% 0.9% 0.5% 0.7% 1.1% 1.2%
6.4% 5.3% 5.1% 4.8% 4.5% 4.0% 4.1% 4.6% 4.6%

s’ equity attributable to the Bank’s equity holders for the same period;
oss allowance divided by the monthly average of total shareholders ‘equity attributable to the PLC’s equity holders for the same period.

oss allowance divided by the monthly average of total assets for the same period.
presents the sum of net interest income, net fee and commission income and other non-interest income).
nnualised where applicable.

ustomers. Annualised where applicable.

e gross loan portfolio for the same period.

From December 2017 figures are performed per IFRS 9.
P&L by segments Ratios Operating Data

Year to date

31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16** 31-Dec-16 31-Mar-17** 31-Mar-17

20.1% 19.3% 22.5% 21.8% 21.6% 22.4% 20.3% 24.2%

3.4% 3.5% 4.2% 4.1% 3.9% 3.9% 3.6% 3.7%
27.1% 23.9% 27.1% 26.4% 24.7% 26.4% 22.0% 28.7%
4.6% 4.3% 5.0% 4.9% 4.5% 4.6% 3.9% 4.4%
43.9% 44.3% 44.7% 43.3% 46.1% 45.8% 44.1% 40.8%
28.6% 25.0% 28.1% 27.2% 27.4% 28.0% 30.3% 30.1%
12.5% 12.6% 13.2% 13.4% 13.7% 13.3% 14.9% 13.0%
1.7% 1.2% 1.1% 1.1% 0.8% 1.0%
1.2% 1.1% 1.1% 0.8% 1.0% 0.5% 0.9%
7.8% 7.7% 7.8% 7.9% 7.9% 7.8% 6.5% 6.6%
13.6% 13.6% 13.5% 13.5% 13.5% 13.4%
13.6% 13.5% 13.5% 13.5% 13.4% 11.9% 11.9%
16.5% 16.4% 16.3% 16.1% 15.8% 14.2% 13.9%
10.1% 9.9% 10.3% 10.8% 10.6% 9.1% 9.1%
12.5% 12.2% 12.0% 11.9% 11.9% 11.0% 11.0%
3.5% 3.6% 3.5% 3.4% 3.3% 3.3%
4.2% 3.9% 3.8% 3.7% 3.7% 3.6%
3.3% 4.1% 4.0% 4.1% 3.9% 4.2%
1.6% 1.3% 1.3% 1.2% 1.2% 1.1%
3.3% 2.8% 2.7% 2.5% 2.4% 2.3%
3.6% 3.5% 3.4% 3.3% 3.3% 3.3% 3.4%
3.9% 3.8% 3.7% 3.6% 3.6% 3.4% 3.3%
4.1% 4.0% 4.1% 3.9% 4.1% 4.4% 4.9%
1.3% 1.3% 1.2% 1.2% 1.2% 1.1% 1.1%
2.4% 2.4% 2.3% 2.1% 2.1% 2.0% 2.0%
0.7% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5%
7.3% 9.4% 9.2% 8.9% 8.6% 8.6% 8.0% 8.1%
12.3% 12.4% 12.3% 12.3% 12.3% 12.2% 10.9% 11.1%
4.6% 4.8% 4.7% 4.5% 4.5% 4.5% 4.3% 4.4%
7.7% 7.6% 7.6% 7.8% 7.8% 7.8% 6.6% 6.7%
4.0% 3.8% 4.0% 3.9% 4.1% 4.1% 3.2% 3.2%
1.0% 1.7% 1.5% 1.5% 1.3% 1.3% 1.7% 1.5%
4.2% 4.3% 4.0% 3.9% 3.6% 3.1% 3.2% 2.8%
30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19

21.5% 20.9% 20.9% 21.0% 21.2% 21.2% 22.0% 24.3% 22.8%

3.3% 3.2% 3.1% 3.2% 3.1% 3.1% 3.2% 3.6% 3.3%
26.9% 26.6% 27.2% 29.6% 29.1% 29.6% 30.5% 30.3% 28.7%
4.1% 4.0% 4.1% 4.4% 4.3% 4.4% 4.4% 4.5% 4.1%
42.8% 42.1% 41.7% 38.1% 36.8% 37.0% 37.8% 37.7% 38.9%
28.9% 29.0% 29.8% 26.5% 26.9% 27.3% 28.5% 26.0% 26.8%
13.4% 14.1% 14.6% 14.6% 14.9% 14.6% 14.5% 15.4% 15.7%

1.1% 1.2% 1.2% 1.3% 1.6% 1.7% 1.6% 1.4% 1.3%

6.7% 6.5% 6.5% 6.9% 7.0% 7.0% 6.9% 6.2% 6.0%

12.1% 12.0% 12.1% 12.3% 12.4% 12.4% 12.3% 11.5% 11.2%

14.0% 14.0% 14.0% 14.6% 14.6% 14.4% 14.2% 12.8% 12.5%
9.4% 9.3% 9.5% 9.2% 9.3% 9.4% 9.5% 9.5% 9.2%
11.2% 11.0% 10.9% 11.3% 11.7% 12.1% 12.1% 11.7% 11.5%

3.4% 3.4% 3.4% 3.3% 3.3% 3.3% 3.2% 3.3% 3.4%

3.2% 3.1% 3.1% 2.8% 2.7% 2.7% 2.7% 2.8% 2.9%
5.0% 5.1% 5.2% 5.2% 5.2% 5.1% 4.9% 4.9% 4.9%
1.2% 1.3% 1.3% 1.1% 1.0% 1.0% 1.0% 0.9% 0.9%
2.1% 2.1% 2.1% 1.8% 1.7% 1.7% 1.7% 1.4% 1.5%
0.6% 0.6% 0.6% 0.5% 0.4% 0.4% 0.4% 0.3% 0.3%
7.9% 8.1% 7.8% 8.1% 7.8% 7.9% 7.8% 7.5% 7.5%
11.1% 11.1% 11.1% 11.5% 11.6% 11.5% 11.4% 10.5% 10.2%
4.4% 4.4% 4.5% 4.4% 4.4% 4.4% 4.4% 4.5% 4.5%
6.7% 6.6% 6.6% 7.1% 7.1% 7.1% 7.0% 6.0% 5.7%
3.3% 3.1% 3.1% 2.9% 2.9% 2.9% 3.0% 2.7% 2.7%
1.6% 1.6% 1.4% 1.2% 1.1% 1.3% 1.2% 1.3% 1.3%
2.9% 2.8% 3.4% 3.5% 3.6% 3.6% 3.2% 3.3% 3.1%
30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20

22.1% 22.9% 5.2% 11.0% 11.7%

3.1% 3.2% 0.7% 1.5% 1.6%
27.4% 26.8% 29.3% 25.2% 24.7% 24.7%
3.9% 3.8% 4.1% 3.4% 3.3% 3.2%
39.3% 39.9% 36.5% 37.4% 37.9% 38.4%
28.1% 29.0% 28.4% 27.4% 27.5% 27.7%
16.1% 16.6% 15.0% 15.4% 15.7% 15.8%

1.1% 0.7% 2.6% 2.1% 2.0% 2.4%

5.7% 5.6% 5.1% 4.7% 4.7% 4.7%

11.1% 11.0% 10.3% 10.1% 10.0% 10.1%

12.3% 12.1% 11.2% 10.9% 11.0% 11.3%
9.2% 9.3% 9.0% 8.9% 8.8% 8.7%
11.4% 11.4% 10.8% 10.5% 10.4% 10.3%

3.3% 3.3% 3.5% 3.5% 3.5% 3.6%

2.8% 2.8% 2.8% 2.9% 2.9% 2.9%
4.9% 4.9% 5.3% 5.3% 5.4% 5.5%
0.9% 0.9% 0.9% 0.9% 0.9% 1.0%
1.5% 1.5% 1.5% 1.6% 1.6% 1.6%
0.3% 0.3% 0.3% 0.3% 0.3% 0.3%
7.3% 7.2% 8.4% 8.5% 8.5% 8.5%
10.0% 10.0% 9.7% 9.4% 9.5% 9.5%
4.6% 4.7% 5.0% 5.0% 5.0% 4.9%
5.5% 5.3% 5.0% 4.4% 4.5% 4.6%
2.6% 2.7% 2.3% 2.1% 2.1% 2.2%
1.2% 1.1% 1.2% 1.0% 1.3% 1.5%
2.9% 2.5% 3.9% 3.9% 3.7% 4.0%
 Quarterly

4Q'18 1Q'19 2Q'19 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 4Q'20

24.4% 24.3% 21.1% 20.8% 25.2% 19.5% 22.0% 13.7%

3.5% 3.6% 3.0% 2.8% 3.5% 2.6% 2.9% 1.8%
32.7% 30.3% 27.0% 25.1% 25.2% 29.3% 21.3% 23.9% 24.6%
4.6% 4.5% 3.9% 3.4% 3.5% 4.1% 2.8% 3.2% 3.3%
39.7% 37.7% 40.2% 39.9% 41.8% 36.5% 38.5% 38.7% 39.7%
31.2% 26.0% 27.5% 30.8% 31.2% 28.4% 26.3% 27.8% 28.2%
14.1% 15.4% 16.0% 16.8% 18.0% 15.0% 15.8% 16.2% 16.2%
n/a n/a n/a n/a n/a n/a n/a n/a n/a
1.4% 1.4% 1.1% 0.7% -0.2% 2.6% 0.0% 0.2% 2.0%
6.7% 6.2% 5.8% 5.1% 5.3% 5.1% 4.3% 4.6% 4.8%

12.2% 11.5% 11.0% 10.8% 10.9% 10.3% 9.7% 10.0% 10.2%

13.6% 12.8% 12.2% 11.8% 11.8% 11.2% 10.5% 11.3% 11.8%
10.0% 9.5% 8.8% 9.2% 9.7% 9.0% 8.6% 8.6% 8.5%
12.2% 11.7% 11.5% 11.2% 11.3% 10.8% 10.2% 10.1% 10.1%

3.1% 3.3% 3.4% 3.2% 3.4% 3.5% 3.4% 3.7% 3.6%

2.6% 2.8% 3.0% 2.8% 2.9% 2.8% 3.0% 3.0% 2.9%
4.5% 4.9% 4.9% 4.7% 5.1% 5.3% 5.1% 5.7% 5.7%
1.0% 0.9% 1.0% 1.0% 0.9% 0.9% 0.9% 1.0% 1.0%
1.6% 1.4% 1.5% 1.5% 1.5% 1.5% 1.7% 1.7% 1.7%
0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.4% 0.4% 0.3%
7.6% 7.5% 7.7% 6.9% 7.2% 8.4% 8.6% 8.5% 8.5%
11.1% 10.5% 10.0% 9.7% 9.9% 9.7% 9.1% 9.4% 9.5%
4.4% 4.5% 4.5% 4.8% 4.9% 5.0% 5.0% 4.9% 4.8%
6.6% 6.0% 5.5% 5.0% 5.0% 4.8% 4.1% 4.5% 4.7%
3.3% 2.7% 2.7% 2.5% 2.8% 2.3% 2.0% 2.2% 2.3%
1.2% 1.3% 1.3% 1.2% 1.1% 1.2% 1.0% 1.3% 1.5%
3.2% 3.3% 3.1% 2.9% 2.5% 3.9% 3.9% 3.7% 4.0%
 P&L Balance Sheet

Operating Data
31-Dec-11 31-Mar-12 30-Jun-12 30-Sep-12
Branches 50 52 55 57
ATMs 203 205 212 226
POS terminals 2,288 2,446 2,572 2,752
Self service terminals 1,323 2,079
Employees (TBC Group)** 2,644 2,589 2,743 2,807
Full-time 2,631 2,692 2,756
Part-time 13 51 51
Number of customers (in'000) old segmentation
Retail Customers (in'000)
Corporate Customers (in'000)
SME Customers (in'000)
Micro Customers (in'000)***
Number of customers (in'000) new segmentation
Retail Customers (in'000)
Corporate Customers (in'000)
MSME Customers (in'000)

(*) the figures are given for TBC Bank Group PLC which became the parent company
of JSC TBC Bank on 10 August 2016.

(**) YE 2011 - 30 Sep 2013 figures are based on TBC Standalone numbers
(***) Micro customers include Micro segment number of borrowers post TBC Bank and Bank Constanta merger
 Loan Portfolio Deposit Portfolio Capital P&L by segments Ratios

31-Dec-12 31-Mar-13 30-Jun-13 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15
58 59 59 59 119 116 118 121 125 128
234 237 240 251 303 316 319 325 352 332
2,888 3,002 3,211 3,295 2,779 2,836 3,264 3,903 4820 5,990
1,944 1,951 1,978 2,198 2,566 2,608 2,593 2,762 2,262 2,465
2,882 2,813 2,807 2,781 4,469 4,464 4,652 4,923 5,117 5,158
2,833 2,744 2,735 2,710 4378 4,372 4,554 4,830 5010 5,066
49 69 72 71 91 92 98 93 107 92
921 955 997 1,034 1,085 1,476
872 905 945 980 1,027 992
1 1 1 1 1 2
47 49 51 53 56 58
425
 Operating Data

30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 9/30/2016* 31-Dec-16 31-Mar-17 30-Jun-17

128 128 128 123 124 123 167 167 157
339 344 358 356 370 371 531 512 468
7,225 7,900 8,800 9,608 11,008 12,067 13,220 13,290 14,182
2,358 2,440 2,395 2,352 2,323 2,299 2,500 2,518 2,379
5,258 5,295 5,262 5,153 5,184 5,418 6,292 6,471 6,910
5,162 5,189 5,162 5,058 5,081 5,306 6,166 6,345 6,736
96 106 100 95 103 112 126 126 174
1,531 1,577 1,624 1,661 1,712 1,770 2,196
1,021 1,047 1,076 1,115 1,147 1,218 1,656
2 2 2 2 2 2 2
61 64 67 70 73 78 90
448 464 479 475 490 473 447
1,661 1,712 1,770 2,196 2,234 2,017
1,585 1,632 1,686 2,098 2,131 1,915
1.70 1.81 1.85 2.45 2.36 2.11
74 78 82 95 101 100
30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19 30-Sep-19
159 159 157 152 152 149 148 148 156
472 480 486 486 445 497 510 564 574
14,465 14,824 14,817 15,734 16,480 17,048 17,857 19,827 21,291
2,641 2,790 2,886 2,958 3,143 3,281 3,320 3,533 3,642
7,130 7,084 7,061 7,156 7,180 7,252 7,059 7,352 7,462
6,936 6,895 6,874 6,972 7,000 7,069 6,868 7,154 7,266
194 189 187 184 180 183 191 198 196

2,076 2,150 2,219 2,296 2,363 2,432 2,481 2,531 2,584

1,968 2,038 2,102 2,173 2,235 2,299 2,344 2,389 2,438
2.18 2.28 2.44 2.61 2.71 2.82 2.74 2.95 3.08
105 110 115 120 125 130 135 139 143
31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20
158 159 156 157 157
586 596 642 596 662
22,414 22,594 23,761 25,078 25,163
3,671 3,678 3,712 3,886 3,905
7,654 7,773 7,854 8,058 8,281
7,437 7,576 7,676 7,891 8,143
217 197 178 167 138

2,637 2,672 2,697 2,740 2,771

2,486 2,518 2,540 2,579 2,607
3.23 3.44 3.50 3.58 3.67
147 150.9 153.2 156.9 160.3
 Balance Sheet (in GEL '000) 2000 2001 2002 2003 2004
Total Assets 87,682 118,820 188,068 261,574 391,972
Gross Loans 57,082 76,762 107,166 156,152 227,498
Net Loans 53,230 72,503 101,166 146,480 212,396
Customer Deposits 53,487 70,098 133,524 192,080 284,873
Total Liabilities 71,338 97,978 157,722 215,935 330,609
Stockholders' Equity 16,344 20,842 30,346 45,639 61,363

USD exchange rate(period end) 1.9750 2.0600 2.0900 2.0750 1.8250

P&L Statement Highlights

Net interest income 7,765 12,915 16,480 22,367 25,991
Net fee and commission income 3,327 4,820 6,238 8,615 10,795
Other operating non-interest income 1,912 2,618 4,154 2,601 5,599
Operating income after Credit loss allowance 10,462 16,502 24,590 29,624 37,118
Operating expenses -6,300 -10,244 -11,780 -15,247 -17,560
Profit before tax 4,162 6,258 12,810 14,377 19,558
Profit for the period 3,664 4,498 10,504 13,491 15,747

USD exchange rate(period average) 1.9763 2.0739 2.1941 2.1455 1.9166

Ratios
1
ROAE 27.2% 24.2% 41.0% 35.5% 29.4%
ROAA2 4.8% 4.4% 6.8% 6.0% 4.8%
3
Cost: Income
NPLs4
Basel III CET I Capital Adequacy Ratio7
Basel III Tier I Capital Adequacy Ratio8
Basel III Total Capital Adequacy Ratio9

* Figures are based on internal estimates and are presented for comparison purpose

1.        Return on average total equity (ROAE) equals annualised net income attributable to owners divided by monthly average of total shareholders’ equity attributable to
2.        Return on average total assets (ROAA) equals net income of the period divided by monthly average total assets for the same period; Q1 2009 - Q4 2010 ratios are c
3.        Cost to Income ratio equals total operating expenses for the period divided by the total revenue for the same period. (Revenue represents the sum of net interest inc
4.      NPLs to gross loans equal loans with 90 days past due on principal or interest payments, and loans with well-defined weakness, regardless of the existence of any p
5.        Basel II/III Tier 1 CAR equals tier I capital divided by total risk weighted assets, both calculated in accordance with the pillar 1 requirements of NBG Basel II/III s
6 Basel II/III total CAR equals total capital divided by total risk weighted assets, both calculated in accordance with the pillar 1 requirements of NBG Basel II/III stan
7. Regulatory CET 1 CAR equals tier I capital divided by total risk weighted assets, both calculated in accordance with the pillar 1 requirements of NBG Basel III sta
8. Regulatory tier 1 CAR equals tier I capital divided by total risk weighted assets, both calculated in accordance with the pillar 1 requirements of NBG Basel III stan
9. Regulatory total CAR equals total capital divided by total risk weighted assets, both calculated in accordance with the pillar 1 requirements of NBG Basel III stand
 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
596,511 954,107 1,700,139 1,932,326 1,738,020 2,267,781 3,300,021 3,899,694 4,451,075 5,423,466
378,144 591,256 1,168,104 1,455,516 1,169,377 1,548,409 2,167,405 2,536,698 2,958,581 3,706,261
369,404 573,103 1,128,701 1,288,042 988,428 1,380,955 2,008,745 2,370,200 2,801,712 3,556,496
380,270 552,168 779,539 844,822 991,172 1,365,351 1,999,256 2,486,944 2,886,883 3,322,428
496,723 833,493 1,387,629 1,674,837 1,411,277 1,890,508 2,831,240 3,295,670 3,721,786 4,403,990
99,788 120,614 312,510 257,489 326,743 377,272 468,781 604,024 729,289 1,019,477

1.7925 1.7135 1.5916 1.6670 1.6858 1.7728 1.6703 1.6567 1.7363 1.8636

36,762 54,883 90,319 172,713 162,242 162,814 209,081 238,650 282,650 338,648
11,987 12,080 21,352 27,347 17,994 19,054 32,418 45,402 50,061 58,682
11,695 11,637 19,980 42,662 34,649 30,645 27,038 42,733 48,741 61,004
66,531 62,650 106,958 39,767 122,374 175,896 252,548 297,841 338,546 409,229
-24,520 -32,750 -65,408 -107,017 -118,418 -119,684 -145,458 -185,532 -198,613 -226,310
42,011 29,900 41,550 67,250 3,956 56,212 107,090 112,309 139,933 182,919
34,697 22,581 31,677 -57,567 2,960 49,435 91,625 97,811 124,270 158,451

1.7865 1.7242 1.6698 1.4896 1.6700 1.7823 1.6865 1.6513 1.6634 1.7659

43.1% 20.5% 14.6% -20.2% 1.0% 13.9% 22.0% 18.7% 18.7% 18.4%
7.0% 2.9% 2.4% -3.2% 0.2% 2.4% 3.3% 2.7% 3.1% 3.3%
57.9% 56.3% 54.2% 54.2% 56.8% 52.1% 49.4%
N/A N/A 3.1%

ge of total shareholders’ equity attributable to the Bank’s equity holders for the same period; Q1 2009 - Q4 2010 ratios are calculated based on YE balances due to the abscence of monthly
e same period; Q1 2009 - Q4 2010 ratios are calculated based on YE balances due to the abscence of monthly or quarterly IFRS reporting for that period; Q1 2011 - Q4 2012 ratios are calc
Revenue represents the sum of net interest income, net fee and commission income and other non-interest income);
weakness, regardless of the existence of any past-due amount or of the number of days past due divided by the gross loan portfolio for the same period
he pillar 1 requirements of NBG Basel II/III standards. The reporting started from the end of 2012. Calculations are made for TBC Bank stand-alone, based on local standards.
pillar 1 requirements of NBG Basel II/III standards. The reporting started from the end of 2012. Calculations are made for TBC Bank stand-alone, based on local standards.
he pillar 1 requirements of NBG Basel III standards. The reporting started from the end of 2017. Calculations are made for TBC Bank stand-alone, based on local standards.
e pillar 1 requirements of NBG Basel III standards. The reporting started from the end of 2017. Calculations are made for TBC Bank stand-alone, based on local standards.
pillar 1 requirements of NBG Basel III standards. The reporting started from the end of 2017. Calculations are made for TBC Bank stand-alone, based on local standards.
 2015 2016 2017 2018 2019 2020
6,934,995 10,769,032 12,965,910 15,445,992 18,359,266 22,577,806
4,639,029 7,358,723 8,553,217 10,372,582 12,661,955 15,200,520
4,444,886 7,133,702 8,325,353 10,038,452 12,349,399 14,594,274
4,177,931 6,454,949 7,816,817 9,352,142 10,049,324 12,572,728
5,716,546 9,186,401 11,075,457 13,289,581 15,760,176 19,641,873
1,218,449 1,582,631 1,890,453 2,156,411 2,599,090 2,935,933

2.3949 2.6468 2.5922 2.6766 2.8677 3.2766

412,173 490,453 604,015 778,022 801,539 835,432

72,291 90,268 125,961 157,530 187,290 182,768
92,528 100,341 131,009 151,916 139,414 137,390
501,002 627,667 754,078 921,230 1,036,250 803,744
-253,130 -311,988 -359,400 -411,029 -450,726 -443,623
247,872 315,679 394,678 510,201 585,525 319,106
218,697 298,258 359,928 437,437 540,341 322,489

2.2702 2.3667 2.5117 2.5345 2.8192 3.1097

20.1% 22.4% 20.9% 22.0% 22.9% 11.7%

3.4% 3.9% 3.1% 3.2% 3.2% 1.6%
43.9% 45.8% 41.7% 37.8% 39.9% 38.4%
4.8% 3.5% 3.3% 3.1% 2.7% 4.7%
12.9% 12.4% 12.0% 10.4%
13.4% 12.8% 14.6% 13.0%
17.5% 17.9% 19.1% 17.1%

ances due to the abscence of monthly or quarterly IFRS reporting for that period; Q1 2011 - Q4 2012 ratios are calculated based on quarterly average balances due to the abscence of mont
d; Q1 2011 - Q4 2012 ratios are calculated based on quarterly average balances due to the abscence of monthly IFRS reporting in that period; Q1 2013 - onwards ratios are calculated bas

ased on local standards.

ed on local standards.
ed on local standards.
d on local standards.
on local standards.
average balances due to the abscence of monthly IFRS reporting in that period;
Q1 2013 - onwards ratios are calculated based on monthly average balances;