04.Jun .2020 17:26

The EBRD names TBC Bank among the Winners of TFP Awards

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The EBRD Trade Facilitation Programme (TFP) announced today the winners of its annual TFP Awards. The TBC Bank has been named as winner of this programme in Georgia. 

Over the last two decades, the EBRD Trade Facilitation Programme has gained widespread recognition and appreciation from partner banks, exporters and importers and has created a thriving professional network to enable industry collaboration and exchange.

In 2020, the Programme has stepped up its support, providing amplified financing for trade with a record €1.5 billion in the first five months of the year.

The 2020 TFP Awards honour those successful issuing and confirming banks that have been most active in delivering EBRD financing across its countries of operations over the past year, and include a bank that has attained academic excellence by training its employees in EBRD’s capacity development programmes.

On the announcement of the TFP Awards, Francis Malige, EBRD Managing Director, Financial Institutions said: “Trade finance is key to boosting economic development and growth across the EBRD’s regions of operations. Our partner banks help to make this happen, by providing the financial means and support that allow companies to identify, explore and conquer new markets. Through our annual TFP awards, we are proud to recognise the achievements of partner banks in 27 countries, who are making a real impact and creatively use EBRD’s financing products to support international trade.”