TBC Bank ( (GB:TBCG) ) has provided an announcement.
TBC Bank Group PLC plans to appoint Ernst & Young LLP as its new auditor starting in January 2026, pending approval at the 2025 Annual General Meeting. This decision follows a thorough competitive tender process and the recommendation by TBC’s Audit Committee, with PwC set to complete audits for 2024 and 2025. The change in auditors reflects TBC Bank’s proactive approach to its governance and operational structure, positioning it for future growth and maintaining stakeholder confidence.
More about TBC Bank
TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. It is a leading provider of digitally-led financial services in Georgia, holding a significant market share in customer loans and deposits. The company also operates in Central Asia through TBC Uzbekistan, which includes a major mobile-only bank and digital payment services. TBC PLC is listed on the London Stock Exchange and is part of prominent indices like the FTSE 250 and FTSE4Good Index Series.
YTD Price Performance: 18.43%
Average Trading Volume: 81,396
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.02B
See more data about TBCG stock on TipRanks’ Stock Analysis page.