Moodys Upgrades TBC Bank Credit ratings

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Moodys Investors Service (Moodys) features announced today which it has upgraded the credit rating of JSC TBC Loan company (TBC Bank), subsidiary of TBC Traditional bank Group PLC.

The Banks local-currency deposit report has been increased for you to Ba2 from Ba3 and its foreign-currency deposit rating to Ba3 coming from B1. The scores continue to carry a stable outlook.

This change was driven by Moody’ersus upgrade of Georgias federal government bond ratings to be able to Ba2 stable from Ba3 secure on 11 October 2017.

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