Terabank has successfully placed $8 million in perpetual, subordinated bonds qualifying as Additional Tier 1 capital. TBC Capital acted as the exclusive placement agent for the transaction. The issuance was well received by the market, with the majority of investors being individual investors.
The bond issuance further strengthens Terabank’s capital base, diversifies its capital structure, and supports the bank’s long-term strategic objectives. It will also contribute to the expansion of the bank’s lending activities and product offering, creating additional opportunities for both business and retail customers.
The successful placement reflects investors’ confidence in Terabank’s financial stability, growth prospects, and long-term vision.
Terabank has been operating in the Georgian financial sector since 1999, providing customers with a wide range of flexible and reliable financial solutions. Supporting small and medium-sized enterprises remains one of the bank’s key priorities, with Terabank serving as a trusted partner in their growth and development. The bank’s strategy is focused on innovation and technological advancement, enabling the delivery of secure, personalized, and customer-centric financial services.
