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TBC Launches Consumer Finance in Uzbekistan • • Business Wire • Stocks

TBC Bank Group PLC has today announced that it has launched a point-of-sale consumer financing trial in Uzbekistan. The Bank is offering customers financing for the purchase of consumer products primarily in the electronics and furniture markets. TBC Bank plans to expand its point-of-sale network to 15 locations by the end of January, with a target of up to 50 locations by the end of 2020. This initiative is in line with TBC Bank’s international strategy to expand in the region and marks an...

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TBC Bank of Georgia Increases Loan Approval Rate by 40 Percent Using FICO Technology • • PR Newswire • Stocks

TBC Bank of Georgia Increases Loan Approval Rate by 40 Percent Using FICO Technology TBC Bank's improved originations strategy has won the 2016 FICO Decisions Award for Customer Onboarding and Management PR Newswire LONDON, Dec. 20, 2016 LONDON , Dec. 20, 2016 /PRNewswire/ -- HIGHLIGHTS: TBC Bank is the first in Georgia to introduce omni-channel originations Loan approval rates increased from 50 percent to 70 percent in under 12 months Time to market for new products has decreased by 85 percent,...

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