{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"TBCG": "https://tbcbankgroup.com",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"https://tbcbankgroup.com/213800T6NS9N2WQ3B328-2025-12-31.xsd"
]
},
"facts": {
"reg-ix-1": {
"value": "2363583000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CashAndCashEquivalentsOtherThanMandatoryReservesAtCentralBank",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-2": {
"value": "3047401000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CashAndCashEquivalentsOtherThanMandatoryReservesAtCentralBank",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-3": {
"value": "184979000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-4": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-5": {
"value": "143150000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DueFromOtherBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-6": {
"value": "45498000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DueFromOtherBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-7": {
"value": "2357950000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MandatoryReserveDepositsAtCentralBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-8": {
"value": "2576731000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MandatoryReserveDepositsAtCentralBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-9": {
"value": "28722347000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndAdvancesToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-10": {
"value": "25683798000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LoansAndAdvancesToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-11": {
"value": "6251550000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-12": {
"value": "5538476000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-13": {
"value": "101648000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:RepurchaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-14": {
"value": "140058000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:RepurchaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-15": {
"value": "842436000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-16": {
"value": "612320000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-17": {
"value": "11430000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentProperty",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-18": {
"value": "9752000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentProperty",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-19": {
"value": "42507000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-20": {
"value": "60422000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-21": {
"value": "5264000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-22": {
"value": "3150000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-23": {
"value": "392913000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherFinancialAssetsFinancialInstruments",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-24": {
"value": "436574000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherFinancialAssetsFinancialInstruments",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-25": {
"value": "790568000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherAssetsIncludingPrepaymentsContractAndInsuranceAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-26": {
"value": "604911000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherAssetsIncludingPrepaymentsContractAndInsuranceAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-27": {
"value": "735479000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-28": {
"value": "621662000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-29": {
"value": "154899000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-30": {
"value": "130682000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-31": {
"value": "760438000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-32": {
"value": "589067000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-33": {
"value": "79348000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-34": {
"value": "59964000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-35": {
"value": "43940489000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-36": {
"value": "40160466000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-37": {
"value": "7373628000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-38": {
"value": "7630850000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-39": {
"value": "25660058000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-40": {
"value": "22863833000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepositsFromCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-41": {
"value": "660264000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-42": {
"value": "476143000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-43": {
"value": "13097000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-44": {
"value": "1227000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-45": {
"value": "59823000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-46": {
"value": "50220000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-47": {
"value": "1007573000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DebtSecuritiesInIssue",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-48": {
"value": "448064000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DebtSecuritiesInIssue",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-49": {
"value": "153573000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherLiabilitiesComprisingVariousShortTermLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-50": {
"value": "159136000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherLiabilitiesComprisingVariousShortTermLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-51": {
"value": "139690000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LeaseLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-52": {
"value": "107963000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:LeaseLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-53": {
"value": "910299000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-54": {
"value": "1148374000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-55": {
"value": "1020473000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:AdditionalTier1CapitalSubordinatedNotes",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-56": {
"value": "1062119000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:AdditionalTier1CapitalSubordinatedNotes",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-57": {
"value": "595544000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:RedemptionLiability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-58": {
"value": "473528000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:RedemptionLiability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-59": {
"value": "37594022000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-60": {
"value": "34421457000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-61": {
"value": "1705000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-62": {
"value": "1722000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-63": {
"value": "411088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-64": {
"value": "411088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-65": {
"value": "89086000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:SharesHeldByTrust",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-66": {
"value": "66982000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:SharesHeldByTrust",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-67": {
"value": "402862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MergerReserve",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-68": {
"value": "402862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MergerReserve",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-69": {
"value": "11659000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-70": {
"value": "-1886000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReserveOfSharebasedPayments",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-71": {
"value": "-639852000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherReservesComprisingDefinedEquityReserves",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-72": {
"value": "-478042000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherReservesComprisingDefinedEquityReserves",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-73": {
"value": "6077089000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-74": {
"value": "5286738000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-75": {
"value": "6175465000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-76": {
"value": "5555500000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-77": {
"value": "171002000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-78": {
"value": "183509000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-79": {
"value": "6346467000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-80": {
"value": "5739009000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-81": {
"value": "43940489000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-82": {
"value": "40160466000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-83": {
"value": "4689341000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromInterest",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-84": {
"value": "3694520000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RevenueFromInterest",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-85": {
"value": "4466362000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestRevenueCalculatedUsingEffectiveInterestMethod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-86": {
"value": "3569444000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestRevenueCalculatedUsingEffectiveInterestMethod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-87": {
"value": "222979000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-88": {
"value": "125076000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-89": {
"value": "2328258000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-90": {
"value": "1863577000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-91": {
"value": "-8629000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetInterestGainsOnCurrencySwaps",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-92": {
"value": "70264000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetInterestGainsOnCurrencySwaps",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-93": {
"value": "2352454000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-94": {
"value": "1901207000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-95": {
"value": "1071763000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-96": {
"value": "842286000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-97": {
"value": "455073000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-98": {
"value": "321860000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-99": {
"value": "616690000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionIncomeExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-100": {
"value": "520426000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FeeAndCommissionIncomeExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-101": {
"value": "209552000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceRevenue",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-102": {
"value": "158828000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceRevenue",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-103": {
"value": "-20251000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-104": {
"value": "-12935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-105": {
"value": "129667000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceServiceExpensesFromInsuranceContractsIssued",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-106": {
"value": "110622000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceServiceExpensesFromInsuranceContractsIssued",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-107": {
"value": "59634000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceServiceResult",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-108": {
"value": "35271000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InsuranceServiceResult",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-109": {
"value": "336021000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetGainsFromCurrencyDerivativesForeignCurrencyOperationsAndTranslation",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-110": {
"value": "359511000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetGainsFromCurrencyDerivativesForeignCurrencyOperationsAndTranslation",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-111": {
"value": "24587000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MiscellaneousOtherOperatingIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-112": {
"value": "16733000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:MiscellaneousOtherOperatingIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-113": {
"value": "572000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-114": {
"value": "574000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-115": {
"value": "361180000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherOperatingNonInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-116": {
"value": "376818000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherOperatingNonInterestIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-117": {
"value": "380790000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceForLoansToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-118": {
"value": "176866000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceForLoansToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-119": {
"value": "38454000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceCreditLossAllowanceReversalForFinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-120": {
"value": "13462000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceCreditLossAllowanceReversalForFinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-121": {
"value": "12785000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceForOtherFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-122": {
"value": "8814000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CreditLossAllowanceForOtherFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-123": {
"value": "15070000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetImpairmentOfNonFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-124": {
"value": "7619000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetImpairmentOfNonFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-125": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ImpairmentLossDueToWriteDownOfTheAssetHeldForSale",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-126": {
"value": "9800000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ImpairmentLossDueToWriteDownOfTheAssetHeldForSale",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-127": {
"value": "2942859000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OperatingIncomeAfterExpectedCreditAndNonFinancialAssetImpairmentLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-128": {
"value": "2617161000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OperatingIncomeAfterExpectedCreditAndNonFinancialAssetImpairmentLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-129": {
"value": "650797000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-130": {
"value": "570461000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-131": {
"value": "168437000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-132": {
"value": "145289000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-133": {
"value": "450417000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdministrativeExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-134": {
"value": "357326000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdministrativeExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-135": {
"value": "1269651000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-136": {
"value": "1073076000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-137": {
"value": "1673208000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-138": {
"value": "1544085000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-139": {
"value": "252936000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-140": {
"value": "236454000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-141": {
"value": "1420272000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-142": {
"value": "1307631000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-143": {
"value": "-11660000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-144": {
"value": "-1512000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-145": {
"value": "45268000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-146": {
"value": "-26971000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-147": {
"value": "24758000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-148": {
"value": "-8516000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-149": {
"value": "-517000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-150": {
"value": "836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-151": {
"value": "-32687000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-152": {
"value": "17779000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-153": {
"value": "1387585000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-154": {
"value": "1325410000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-155": {
"value": "1397337000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-156": {
"value": "1284051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-157": {
"value": "22935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-158": {
"value": "23580000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-159": {
"value": "1420272000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-160": {
"value": "1307631000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-161": {
"value": "1361301000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-162": {
"value": "1302169000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-163": {
"value": "26284000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-164": {
"value": "23241000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-165": {
"value": "1387585000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-166": {
"value": "1325410000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-167": {
"value": "25230.0",
"decimals": -1,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL/xbrli:shares"
}
},
"reg-ix-168": {
"value": "23410.0",
"decimals": -1,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL/xbrli:shares"
}
},
"reg-ix-169": {
"value": "24960.0",
"decimals": -1,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL/xbrli:shares"
}
},
"reg-ix-170": {
"value": "23270.0",
"decimals": -1,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL/xbrli:shares"
}
},
"reg-ix-171": {
"value": "1690000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-172": {
"value": "295605000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-173": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-174": {
"value": "-75609000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-175": {
"value": "402862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-176": {
"value": "23677000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-177": {
"value": "-397992000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-178": {
"value": "4433496000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-179": {
"value": "4683729000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-180": {
"value": "136453000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-181": {
"value": "4820182000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-182": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-183": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-184": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-185": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-186": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-187": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-188": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-189": {
"value": "1284051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-190": {
"value": "1284051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-191": {
"value": "23580000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-192": {
"value": "1307631000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-193": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-194": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-195": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-196": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-197": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-198": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-199": {
"value": "18118000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-200": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-201": {
"value": "18118000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-202": {
"value": "-339000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-203": {
"value": "17779000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-204": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-205": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-206": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-207": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-208": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-209": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-210": {
"value": "18118000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-211": {
"value": "1284051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-212": {
"value": "1302169000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-213": {
"value": "23241000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-214": {
"value": "1325410000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-215": {
"value": "47000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-216": {
"value": "115483000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-217": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-218": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-219": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-220": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-221": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-222": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-223": {
"value": "115530000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-224": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-225": {
"value": "115530000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-226": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-227": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-228": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-229": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-230": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-231": {
"value": "25160000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-232": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-233": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-234": {
"value": "25160000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-235": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-236": {
"value": "25160000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-237": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-238": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-239": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-240": {
"value": "-34999000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-241": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-242": {
"value": "50723000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-243": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-244": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-245": {
"value": "15724000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-246": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-247": {
"value": "15724000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-248": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-249": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-250": {
"value": "44274000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-251": {
"value": "26372000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-252": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-253": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-254": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-255": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-256": {
"value": "70646000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-257": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-258": {
"value": "70646000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-259": {
"value": "-15000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-260": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-261": {
"value": "44274000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-262": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-263": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-264": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-265": {
"value": "15000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-266": {
"value": "-44274000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-267": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-268": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-269": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-270": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-271": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-272": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-273": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-274": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-275": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-276": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-277": {
"value": "395525000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-278": {
"value": "395525000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-279": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-280": {
"value": "395525000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-281": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-282": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-283": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-284": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-285": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-286": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-287": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-288": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-289": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-290": {
"value": "-42634000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-291": {
"value": "-42634000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-292": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-293": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-294": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-295": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-296": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-297": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-298": {
"value": "-108048000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-299": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-300": {
"value": "-108048000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-301": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-302": {
"value": "-108048000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:OtherEffectsDuringThePeriod",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-303": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-304": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-305": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-306": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-307": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-308": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-309": {
"value": "-2458000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-310": {
"value": "8954000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-311": {
"value": "6496000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-312": {
"value": "-6496000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-313": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DilutionOfInterestFromNci",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-314": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-315": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-316": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-317": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-318": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-319": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-320": {
"value": "12323000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-321": {
"value": "36000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-322": {
"value": "12359000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-323": {
"value": "-12323000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-324": {
"value": "36000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-325": {
"value": "1722000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-326": {
"value": "411088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-327": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-328": {
"value": "-66982000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-329": {
"value": "402862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-330": {
"value": "-1886000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-331": {
"value": "-478042000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-332": {
"value": "5286738000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-333": {
"value": "5555500000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-334": {
"value": "183509000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-335": {
"value": "5739009000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-336": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-337": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-338": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-339": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-340": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-341": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-342": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-343": {
"value": "1397337000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-344": {
"value": "1397337000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-345": {
"value": "22935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-346": {
"value": "1420272000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-347": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-348": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-349": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-350": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-351": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-352": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-353": {
"value": "-36036000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-354": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-355": {
"value": "-36036000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-356": {
"value": "3349000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-357": {
"value": "-32687000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-358": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-359": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-360": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-361": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-362": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-363": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-364": {
"value": "-36036000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-365": {
"value": "1397337000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-366": {
"value": "1361301000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-367": {
"value": "26284000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-368": {
"value": "1387585000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-369": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-370": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-371": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-372": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-373": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-374": {
"value": "40252000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-375": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-376": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-377": {
"value": "40252000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-378": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-379": {
"value": "40252000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-380": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-381": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-382": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-383": {
"value": "-17119000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-384": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-385": {
"value": "26707000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-386": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-387": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-388": {
"value": "9588000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-389": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-390": {
"value": "9588000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:DeliveryOfSBPSharesToEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-391": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-392": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-393": {
"value": "69088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-394": {
"value": "39223000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-395": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-396": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-397": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-398": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-399": {
"value": "108311000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-400": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-401": {
"value": "108311000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-402": {
"value": "-17000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-403": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-404": {
"value": "69088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-405": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-406": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-407": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-408": {
"value": "17000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-409": {
"value": "-69088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-410": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-411": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-412": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CancellationOfTreasuryShares",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-413": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-414": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-415": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-416": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-417": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-418": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-419": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-420": {
"value": "584734000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-421": {
"value": "584734000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-422": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-423": {
"value": "584734000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-424": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-425": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-426": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-427": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-428": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-429": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-430": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-431": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-432": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-433": {
"value": "-8000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-434": {
"value": "-8000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CapitalInjectionFromNciShareholders",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-435": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-436": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-437": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-438": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-439": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-440": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-441": {
"value": "30727000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-442": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-443": {
"value": "30727000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-444": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-445": {
"value": "30727000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Remeasurementofredemptionliability",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-446": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-447": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-448": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-449": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-450": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-451": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-452": {
"value": "-67880000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-453": {
"value": "46836000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-454": {
"value": "-21044000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-455": {
"value": "-43267000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-456": {
"value": "-64311000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ReorganizationEffect",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-457": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-458": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-459": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-460": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-461": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-462": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-463": {
"value": "-88638000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-464": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-465": {
"value": "-88638000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-466": {
"value": "4476000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-467": {
"value": "-84162000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-468": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-469": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-470": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-471": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-472": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-473": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-474": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-475": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-476": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-477": {
"value": "-8000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-478": {
"value": "-8000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-479": {
"value": "1705000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-480": {
"value": "411088000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-481": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:TreasurySharesExcludingSharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-482": {
"value": "-89086000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "TBCG:SharesHeldByTrustMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-483": {
"value": "402862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-484": {
"value": "11659000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfSharebasedPaymentsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-485": {
"value": "-639852000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-486": {
"value": "6077089000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-487": {
"value": "6175465000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-488": {
"value": "171002000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:GEL"
}
},
"reg-ix-489": {
"value": "6346467000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-490": {
"value": "4639024000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InterestReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-491": {
"value": "3617417000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InterestReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-492": {
"value": "-8629000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InterestReceivedOnCurrencySwaps",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-493": {
"value": "70264000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InterestReceivedOnCurrencySwaps",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-494": {
"value": "2291428000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-495": {
"value": "1821460000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-496": {
"value": "1085883000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:FeesAndCommissionsReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-497": {
"value": "823373000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:FeesAndCommissionsReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-498": {
"value": "463210000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:FeesAndCommissionsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-499": {
"value": "370436000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:FeesAndCommissionsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-500": {
"value": "202888000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InsurancePremiumsReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-501": {
"value": "132851000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InsurancePremiumsReceived",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-502": {
"value": "109887000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InsuranceClaimsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-503": {
"value": "93654000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:InsuranceClaimsPaid",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-504": {
"value": "279187000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ExpenseIncomeFromTradingInForeignCurrencies",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-505": {
"value": "221693000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ExpenseIncomeFromTradingInForeignCurrencies",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-506": {
"value": "20929000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCashReceiptsFromOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-507": {
"value": "17030000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCashReceiptsFromOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-508": {
"value": "624871000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsToAndOnBehalfOfEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-509": {
"value": "530975000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsToAndOnBehalfOfEmployees",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-510": {
"value": "480043000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCashPaymentsFromOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-511": {
"value": "300168000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCashPaymentsFromOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-512": {
"value": "-226123000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-513": {
"value": "-355566000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-514": {
"value": "2023720000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-515": {
"value": "1410369000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperations",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-516": {
"value": "114930000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-517": {
"value": "-948427000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-518": {
"value": "-184979000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Increasedecreaseinreverserepurchasereceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-519": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:Increasedecreaseinreverserepurchasereceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-520": {
"value": "-3503841000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-521": {
"value": "-3991238000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-522": {
"value": "-237831000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangesInFinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-523": {
"value": "-202200000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangesInFinanceLeaseReceivables",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-524": {
"value": "-58290000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangeInOtherFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-525": {
"value": "-5467000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangeInOtherFinancialAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-526": {
"value": "13399000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-527": {
"value": "-64922000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-528": {
"value": "-25376000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-529": {
"value": "121519000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-530": {
"value": "2987421000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-531": {
"value": "2097850000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromCustomers",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-532": {
"value": "-129837000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangeInOtherFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-533": {
"value": "144786000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:NetChangeInOtherFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-534": {
"value": "-3607000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-535": {
"value": "11835000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-536": {
"value": "995709000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-537": {
"value": "-1425895000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-538": {
"value": "5559811000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:AcquisitionOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-539": {
"value": "7556810000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:AcquisitionOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-540": {
"value": "2256912000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ProceedsFromDisposalOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-541": {
"value": "715242000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ProceedsFromDisposalOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-542": {
"value": "2622537000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ProceedsFromRedemptionAtMaturityOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-543": {
"value": "4816768000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:ProceedsFromRedemptionAtMaturityOfInvestmentSecuritiesMeasuredAtFairValueThroughOtherComprehensiveIncome",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-544": {
"value": "146923000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-545": {
"value": "151060000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-546": {
"value": "20742000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-547": {
"value": "1341000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-548": {
"value": "238604000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-549": {
"value": "189178000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-550": {
"value": "18998000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-551": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-552": {
"value": "2870000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-553": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-554": {
"value": "2757000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentProperty",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-555": {
"value": "10954000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentProperty",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-556": {
"value": "1167000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-557": {
"value": "680000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-558": {
"value": "-1057351000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-559": {
"value": "-2352063000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-560": {
"value": "3959445000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-561": {
"value": "4741936000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-562": {
"value": "4271121000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-563": {
"value": "1662072000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-564": {
"value": "23581000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-565": {
"value": "22391000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-566": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfSubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-567": {
"value": "236586000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfSubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-568": {
"value": "229843000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfSubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-569": {
"value": "3040000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfSubordinatedLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-570": {
"value": "108311000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CashPaidForShareBuyBack",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-571": {
"value": "70657000.0",
"decimals": -3,
"dimensions": {
"concept": "TBCG:CashPaidForShareBuyBack",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-572": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-573": {
"value": "42634000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-574": {
"value": "544449000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfBondsNotesAndDebentures",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-575": {
"value": "295614000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfBondsNotesAndDebentures",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-576": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBondsNotesAndDebentures",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-577": {
"value": "764848000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBondsNotesAndDebentures",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-578": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfRegulatoryCapitalFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-579": {
"value": "805050000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssueOfRegulatoryCapitalFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-580": {
"value": "1964000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfRegulatoryCapitalFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-581": {
"value": "340331000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfRegulatoryCapitalFinancialLiabilities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-582": {
"value": "487552000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-583": {
"value": "275015000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-584": {
"value": "-618478000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-585": {
"value": "2983466000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-586": {
"value": "-3698000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-587": {
"value": "77806000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-588": {
"value": "-683818000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-12-31T00:00:00/2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-589": {
"value": "-716686000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2023-12-31T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-590": {
"value": "3047401000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-591": {
"value": "3764087000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-592": {
"value": "2363583000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2026-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-593": {
"value": "3047401000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:GEL"
}
},
"reg-ix-594": {
"value": "1. Introduction Principal activity. TBC Bank Group PLC (hereafter the \u201cCompany\u201d) is a public limited by shares company, incorporated in the United Kingdom. TBC Bank Group PLC held 99.88% of the share capital of JSC TBC Bank (hereafter the \u201cBank\u201d) as at 31 December 2025 (2024: 99.88%), thus representing the Bank\u2019s ultimate parent company. The Company is the parent of a group of companies incorporated mainly in Georgia and Uzbekistan, their primary business activities include providing banking, leasing, insurance, brokerage and card processing services to corporate and individual customers.
TBC Bank Group PLC and its subsidiaries is referred as \u201cTBCG\u201d or \u201cthe Group\u201d. The Group\u2019s list of subsidiaries is provided below. The shares of TBC Bank Group PLC were admitted to the Equity Shares (Commercial Companies) (\u201cESCC\u201d) category of the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange PLC\u2019s Main Market for listed securities effective on 10 August 2016 (the \u201cAdmission\u201d). The Company\u2019s registered legal address is 100 Bishopsgate, C/O Law Debenture, London, England, EC2N 4AG. Registered number of TBC Bank Group PLC is
10029943. The Bank is the Group\u2019s main operating unit, and it accounts for majority of the Group\u2019s activities. JSC TBC Bank was incorporated on 17 December 1992 and is domiciled in Georgia. The Bank is a joint stock company limited by shares and was set up in accordance with Georgian legislation. The Bank\u2019s registered address and place of business is 7 Marjanishvili Street, 0102 Tbilisi, Georgia. The Bank\u2019s principal business activity is universal banking operations that include corporate, small and medium enterprises, retail and micro-operations within Georgia. The Bank has been operating since 20 January 1993 under a general banking license issued by the National Bank of Georgia (\u201cNBG\u201d). In 2020, TBC Bank Group PLC established JSCB TBC Bank, which delivers its services through the digital banking platform operated by Group\u2019s subsidiary Space JSC. The Bank has 122 (2024: 125) branches within Georgia (Excluding pawnshop units). JSCB TBC Bank (hereafter the \u201cUZ Bank\u201d) was incorporated and is domiciled in the Republic of Uzbekistan. It is a joint stock commercial bank limited by shares and was set up in accordance with regulations of the Republic of Uzbekistan. As at 31 December 2025, TBC Bank Group PLC indirectly held 79.69% of the share capital of UZ Bank through its subsidiary TBC Digital JSC (2024: 67.92%). The UZ Bank\u2019s principal business activity is retail and micro-operations within the Republic of Uzbekistan and universal banking operations for individuals. The UZ Bank operates under a general banking license issued by the Central Bank of Uzbekistan (\u201cCBU\u201d) on 11 April 2020, which was renewed by the UZ Bank on 17 March 2022. As at 31 December 2025 and 31 December 2024 the following shareholders owned more than 3% of the total outstanding shares of the Company. Other shareholders individually owned less than 3% of the outstanding shares. As at 31 December 2025 and 31 December 2024 the Group had no ultimate controlling party.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-595": {
"value": "TBC Bank Group PLC",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-596": {
"value": "a public limited by shares company",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-597": {
"value": "United Kingdom",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-598": {
"value": "a group of companies incorporated mainly in Georgia and Uzbekistan,",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-599": {
"value": " their primary business activities include providing banking, leasing, insurance, brokerage and card processing services to corporate and individual customers. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-600": {
"value": "UK",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-601": {
"value": "100 Bishopsgate, C/O Law Debenture, London, England, EC2N 4AG. Registered number of TBC Bank Group PLC is 10029943",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-602": {
"value": "As at 31 December 2025 and 31 December 2024 the following shareholders owned more than 3% of the total outstanding shares of the Company. Other shareholders individually owned less than 3% of the outstanding shares. As at 31 December 2025 and 31 December 2024 the Group had no ultimate controlling party.
% Of ownership interest held as of 31 December Shareholders 2025 2024 BlackRock 6.74% 4.60% Dunross & Co. 5.57% 6.84% Fidelity International 4.60% 2.47% Vanguard Group 4.51% 4.24% GTN Asia Financial Services 3.29% N/A Allan Gray Investment Management 3.28% 4.62% Mamuka Khazaradze and Badri Japaridze 15.33% 15.40% Other* 56.68% 61.83% Total 100.00% 100.00% *Other include individual as well as corporate shareholders.
Share capital In thousands of GEL, unless otherwise indicated Number of ordinary shares Share Capital As of 1 January 2024 55,393,664 1,690 Scrip dividend issued 1,331,033 47 Shares cancelled (436,797) (15) As of 31 December 2024 56,287,900 1,722 Shares cancelled (465,746) (17) As of 31 December 2025 55,822,154 1,705 As of 31 December 2025, the total authorized number of ordinary shares was 55,822,154 shares (31 December 2024: 56,287,900 shares). Each share has a nominal value of one British Penny. All issued ordinary shares are fully paid and
entitled to dividendsShares held by trust Part of the shares are held by the employee benefit trust (EBT) for the purpose of future employee share based payments plan. The EBT has waived its rights to receive dividends on such shares. Information related to the shares held by trust is presented below: In thousands of GEL, unless otherwise indicated Number of shares held by trust (Quantity) Shares held by trust (GEL equivalent) As of 1 January 2024 1,133,044 75,609 Purchase of shares by employee benefit trust 288,774 26,372 Delivery of bonus shares to employees via trust shares (553,583) (34,999) As of 31 December 2024 868,235 66,982 Purchase of shares by employee benefit trust 244,480 39,223 Delivery of bonus shares to employees via trust shares (222,911) (17,119) As of 31 December 2025 889,804 89,086
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-603": {
"value": "Subsidiaries and associates. The consolidated financial statements include the following principal subsidiaries: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Functional Currency Principal activities Subsidiary name 2025 2024 JSC TBC Bank 99.88% 99.88% Tbilisi, Georgia 1992 GEL Banking United Financial Corporation JSC 99.53% 99.53% Tbilisi, Georgia 2001 GEL Card processing TBC Capital LLC 100% 100% Tbilisi, Georgia 1999 GEL Brokerage TBC Leasing JSC 100% 100% Tbilisi, Georgia 2003 GEL Leasing TBC Kredit LLC 1 N/A 100% Baku, Azerbaijan 1999 AZN Non-banking credit institution TBC Pay LLC 100% 100% Tbilisi, Georgia 2008 GEL Payment processing TBC Invest-Georgia LLC 100% 100% Ramat Gan, Israel 2011 ILS Financial services TBC Asset Management LLC 100% 100% Tbilisi, Georgia 2021 GEL Asset management TBC Insurance JSC 100% 100% Tbilisi, Georgia 2014 GEL Insurance Redmed LLC 100% 100% Tbilisi, Georgia 2019 GEL Healthcare e-commerce TNET LLC 100% 100% Tbilisi, Georgia 2019 GEL Ecosystem Index LLC 100% 100% Tbilisi, Georgia 2009 GEL Public register business and real estate services Art Area.ge LLC 100% 100% Tbilisi, Georgia 2012 GEL Digital Channel Saba LLC 85.00% 85.00% Tbilisi, Georgia 2012 GEL Education TBC Art Gallery LLC 2 100% 100% Tbilisi, Georgia 2012 GEL PR and marketing Marjanishvili 7 LLC 100% 100% Tbilisi, Georgia 2020 GEL Customer experience servicing TBC Digital JSC 79.69% 100%* Tashkent, Uzbekistan 2019 UZS Investment JSCB TBC Bank 100% 100% Tashkent, Uzbekistan 2020 UZS Banking TBC Fin Service LLC 100% 100% Tashkent, Uzbekistan 2019 UZS Leasing MFO TBC Credit LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Microlending TBC Sug'Urta JSC 100% 100% Tashkent, Uzbekistan 2024 UZS Insurance Payme JSC 100% 100%* Tashkent, Uzbekistan 2011 UZS Payment processing DWH CO LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Data hosting and processing services TBC BNPL LLC 100% N/A Tashkent, Uzbekistan 2025 UZS Buy Now Pay Later (BNPL) and instalment Shoppe Group LLC 52.94% N/A Tashkent, Uzbekistan 2025 UZS Retail management platform TBC Group Support LLC 100% 100% Tbilisi, Georgia 2020 GEL Group risk and knowledge centre Space JSC 100% 100% Tbilisi, Georgia 2021 GEL Software services Space International JSC 100% 100% Tbilisi, Georgia 2021 GEL Digital banking platform TBC International Holdings Limited** 100% 100% London, UK 2023 GEL Financial services Tpay LLC 100% 100% Tbilisi, Georgia 2023 GEL Payment processing Fondy Payments LTD 100% 100% Drogheda, Ireland 2019 EUR Payment processing *In May 2025 the Group completed the reorganisation of the structure of Uzbekistan operations. For more details refer to Note 26. **As permitted by Section 479A of the Companies Act 2006, TBC International Holdings Limited (Company Registration Number :15122698) is exempt from the requirement to have its financial statements audited for the financial year ended 31 December 2025. The exemption is made available as TBC Bank Group PLC as the sole shareholder has provided its consent not to require audited accounts and has provided a guarantee under Section 479C of the Companies Act 2006. Under the terms of the guarantee, TBC Bank Group PLC has guaranteed all outstanding liabilities of TBC International Holdings
The Group has investments in the following associates: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Principal activities Associate name 2025 2024 CreditInfo Georgia JSC 21.08% 21.08% Tbilisi, Georgia 2005 Financial intermediation Tbilisi Stock Exchange JSC 28.79% 28.87% Tbilisi, Georgia 2015 Finance, Service Georgian Central Securities Depository JSC 22.87% 22.87% Tbilisi, Georgia 1999 Finance, Service Georgian Stock Exchange JSC 3 17.33% 17.33% Tbilisi, Georgia 1999 Finance, Service Kavkasreestri JSC 3 10.03% 10.03% Tbilisi, Georgia 1998 Finance, Service
The country of incorporation is also the principal area of operation of each of the above subsidiaries and associates. The Group\u2019s corporate structure consists of a number of related undertakings, comprising subsidiaries and associates, which are not consolidated or equity accounted due to immateriality. List of these undertakings, the country of incorporation and the ownership of each share class is set out below. For the complete list of related undertakings and their addresses, see the Appendix A below. Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Principal activities Company name 2025 2024 TBC Invest International LLC 2 100% 100% Tbilisi, Georgia 2016 Investment Vehicle University Development Fund 2 33.33% 33.33% Tbilisi, Georgia 2007 Education Natural Products of Georgia LLC 2 25.00% 25.00% Tbilisi, Georgia 2001 Trade, Service TBC Trade LLC 2 100% 100% Tbilisi, Georgia 2008 Trade, Service Freeshop.ge LLC 2 100% 100% Tbilisi, Georgia 2010 Retail Trade The.ge LLC 4 N/A 100% Tbilisi, Georgia 2012 Retail Trade Mypost LLC 2 100% 100% Tbilisi, Georgia 2019 Postal Service Billing Solutions LLC 2 51.00% 51.00% Tbilisi, Georgia 2019 Software Services Vendoo LLC (Geo) 2 100% 100% Tbilisi, Georgia 2018 Retail Leasing F Solutions LLC 2 100% 100% Tbilisi, Georgia 2016 Software Services Space Int LLC (Uz) 100% 100% Tashkent, Uzbekistan 2024 Computer Programming TBC Operations LLC 100% N/A Tashkent, Uzbekistan 2025 Administrative and Operational Management TAPUZ LIMITED 50.10% N/A United Arab Emirates 2025 Holding 1 In 2025 TBC Kredit LLC was disposed. 2 Dormant 3 The Group has significant influence on Georgian Stock Exchange JSC (with representatives in management board) and Kavkasreestri JSC. 4 In 2025 The.ge LLC was liquidated.
Appendix A
- A full list of related undertakings and the country of incorporation is set out belowCompany Name Address JSC TBC Bank 7 Marjanishvili Street, 0102, Tbilisi, Georgia United Financial Corporation JSC 154 Agmashenebeli Avenue, 0102, Tbilisi, Georgia TBC Capital LLC 11 Chavchavadze Avenue, 0179, Tbilisi, Georgia TBC Leasing JSC 76M Chavchavadze Avenue, 0179, Tbilisi, Georgia TBC Pay LLC 7 Marjanishvili Street, 0102, Tbilisi, Georgia TBC Invest-Georgia LLC 7 Jabonitsky street, Ramat Gan, 52520, Tel Aviv, Israel Index LLC 129a Shalva Nutsubidze str, 0186, Tbilisi, Georgia TBC Insurance JSC III Floor, 24B, Al. Kazbegi Avenue, 0186, Tbilisi, Georgia TBC Invest International LLC 7 Marjanishvili Street, 0102, Tbilisi, Georgia University Development Fund NNLE 1 Chavchavadze Avenue, 0128, Tbilisi, Georgia JSC Credit Information Bureau \u2018Creditinfo\u2019 2 Tarkhnishvili street, 0108, Tbilisi, Georgia VENDOO LLC Block B, Com.P. N8, 44 Petre Kavtaradze street, 0128, Tbilisi, Georgia Natural Products of Georgia LLC Vake district, 0179, Chavchavadze Avenue, I lane #2, apartment 59, Tbilisi, Georgia Mobi Plus JSC 45 Vazha Pshavela Avenue, 0186, Tbilisi, Georgia Mineral Oil Distribution Corporation JSC 11 Tskalsadeni Street, 0178, Tbilisi, Georgia Georgian Card JSC Ap. N8; Beliashvili Street 53, 0159, Tbilisi Georgia Georgian Central Securities Depositor JSC Saburtalo district, Vazha-Pshavela avenue, N 71, office N 7, floor 7, block 10, Tbilisi, Georgia The Guivy Zaldastanishvili American Academy in Georgia JSC 37a Chavchavadze Avenue, 0179, Tbilisi Georgia United Clearing Centre JSC 5/1 Sulkhan Saba Street, 0108, Tbilisi, Georgia Association georgian Banking and Finance Academy NNLE 123, Agmashenebeli Avenue, 0102, Tbilisi, Georgia Tbilisi's City JSC 15 Rustaveli Avenue, 0108, Tbilisi Georgia TBC Trade LLC 11A Chavchavadze Ave, 0179, Tbilisi, Georgia Redmed LLC 24B, Al. Kazbegi Avenue, Office N7, 0186, Tbilisi, Georgia TNET LLC Floor 4, 129a Shalva Nutsubidze str, Tbilisi, Georgia TBC Digital JSC 10 B, Fidokor street, Mirabad district, 100015, Tashkent, Uzbekistan Mypost LLC 129a Shalva Nutsubidze St., 0186, Vake,Tbilisi, Georgia Billing Solutions LLC Khelovanta Street No. 14a / Vazisubani I Microdistrict, Block of Painters No. 4 / Khelovanta Street No. 14, Isani District, 0190, Tbilisi, Georgia F Solutions LLC Kakheti Highway No. 36, Building No. 6, Apartment No. 97, Isani-Samgori District, 0190, Tbilisi, Georgia Payme JSC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan TBC Fin Service LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan Marjanishvili 7 LLC 7 Marjanishvili, st. Didube-chugureti District, 0102, Tbilisi,Georgia JSCB TBC Bank 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan TBC Group Support LLC 7 Marjanishvili st. Didube-chugureti District, 0102, Tbilisi,Georgia Tbilisi Stock Exchange JSC Block 10, 7th Floor, Office No. 7, 71 Vazha Pshavela Ave, 0186, Tbilisi, Georgia Georgian Stock Exchange JSC Block 10, 7th Floor, Office No. 7, 71 Vazha Pshavela Ave, 0186, Tbilisi, Georgia Kavkasreestri JSC 74a chavchavadzis avenue, vake-saburtalo, 0179, Tbilisi, Georgia Freeshop.ge LLC 74 chavchavadzis avenue, vake-saburtalo, 0179, Tbilisi, Georgia SABA LLC Flat N10, Gabashvili street N5, vake-saburtalo, 0179, Tbilisi, Georgia Artarea.ge LLC flat 74, 25a Al. Kazbegi Avenue, 0160, Tbilisi, Georgia TBC Art Gallery LLC N6 Tsimakuridze str, 0102, Tbilisi, Georgia TBC Asset Management LLC 7 Marjanishvili Street, 0102, Tbilisi, Georgia S.W.I.F.T. SC 1 Adele Avenue, B-1310, La Hulpe, Belgium Space International JSC 7 Marjanishvili Street, 0102, Tbilisi, Georgia Space JSC 7 Marjanishvili Street, 0102, Tbilisi, Georgia TBC International Holdings Limited 100 Bishopsgate, C/O Law Debenture, EC2N 4AG, London, England Tpay LLC 7 Marjanishvili Street, 0102, Tbilisi, Georgia DWH CO LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan Fondy Payments LTD 103/104 O'connell Street, V94 At85, Limerick, Ireland MFO TBC Credit LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan TBC Sug\u2019urta JSC Yunusabad district, Abdulla Qodiriy street, 1, Tashkent, Uzbekistan Shoppe Group LLC 6, Shakhrisabz Street, Mingo\u2018rik MFY, Mirabad District, Tashkent, Uzbekistan TBC BNPL LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan TBC Operations LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan TAPUZ LIMITED Office 2201, D81, Floor 22, Sky Tower, Shams Abu Dhabi, Al Reem Island, Abu Dhabi, United Arab Emirates Space Intl LLC 10 B, Fidokor street, Mirabad district, 100015, Tashkent,Uzbekistan
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-605": {
"value": "Subsidiaries and associates. The consolidated financial statements include the following principal subsidiaries: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Functional Currency Principal activities Subsidiary name 2025 2024 JSC TBC Bank 99.88% 99.88% Tbilisi, Georgia 1992 GEL Banking United Financial Corporation JSC 99.53% 99.53% Tbilisi, Georgia 2001 GEL Card processing TBC Capital LLC 100% 100% Tbilisi, Georgia 1999 GEL Brokerage TBC Leasing JSC 100% 100% Tbilisi, Georgia 2003 GEL Leasing TBC Kredit LLC 1 N/A 100% Baku, Azerbaijan 1999 AZN Non-banking credit institution TBC Pay LLC 100% 100% Tbilisi, Georgia 2008 GEL Payment processing TBC Invest-Georgia LLC 100% 100% Ramat Gan, Israel 2011 ILS Financial services TBC Asset Management LLC 100% 100% Tbilisi, Georgia 2021 GEL Asset management TBC Insurance JSC 100% 100% Tbilisi, Georgia 2014 GEL Insurance Redmed LLC 100% 100% Tbilisi, Georgia 2019 GEL Healthcare e-commerce TNET LLC 100% 100% Tbilisi, Georgia 2019 GEL Ecosystem Index LLC 100% 100% Tbilisi, Georgia 2009 GEL Public register business and real estate services Art Area.ge LLC 100% 100% Tbilisi, Georgia 2012 GEL Digital Channel Saba LLC 85.00% 85.00% Tbilisi, Georgia 2012 GEL Education TBC Art Gallery LLC 2 100% 100% Tbilisi, Georgia 2012 GEL PR and marketing Marjanishvili 7 LLC 100% 100% Tbilisi, Georgia 2020 GEL Customer experience servicing TBC Digital JSC 79.69% 100%* Tashkent, Uzbekistan 2019 UZS Investment JSCB TBC Bank 100% 100% Tashkent, Uzbekistan 2020 UZS Banking TBC Fin Service LLC 100% 100% Tashkent, Uzbekistan 2019 UZS Leasing MFO TBC Credit LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Microlending TBC Sug'Urta JSC 100% 100% Tashkent, Uzbekistan 2024 UZS Insurance Payme JSC 100% 100%* Tashkent, Uzbekistan 2011 UZS Payment processing DWH CO LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Data hosting and processing services TBC BNPL LLC 100% N/A Tashkent, Uzbekistan 2025 UZS Buy Now Pay Later (BNPL) and instalment Shoppe Group LLC 52.94% N/A Tashkent, Uzbekistan 2025 UZS Retail management platform TBC Group Support LLC 100% 100% Tbilisi, Georgia 2020 GEL Group risk and knowledge centre Space JSC 100% 100% Tbilisi, Georgia 2021 GEL Software services Space International JSC 100% 100% Tbilisi, Georgia 2021 GEL Digital banking platform TBC International Holdings Limited** 100% 100% London, UK 2023 GEL Financial services Tpay LLC 100% 100% Tbilisi, Georgia 2023 GEL Payment processing Fondy Payments LTD 100% 100% Drogheda, Ireland 2019 EUR Payment processing *In May 2025 the Group completed the reorganisation of the structure of Uzbekistan operations. For more details refer to Note 26. **As permitted by Section 479A of the Companies Act 2006, TBC International Holdings Limited (Company Registration Number :15122698) is exempt from the requirement to have its financial statements audited for the financial year ended 31 December 2025. The exemption is made available as TBC Bank Group PLC as the sole shareholder has provided its consent not to require audited accounts and has provided a guarantee under Section 479C of the Companies Act 2006. Under the terms of the guarantee, TBC Bank Group PLC has guaranteed all outstanding liabilities of TBC International Holdings
Subsidiaries and associates. The consolidated financial statements include the following principal subsidiaries: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Functional Currency Principal activities Subsidiary name 2025 2024 JSC TBC Bank 99.88% 99.88% Tbilisi, Georgia 1992 GEL Banking United Financial Corporation JSC 99.53% 99.53% Tbilisi, Georgia 2001 GEL Card processing TBC Capital LLC 100% 100% Tbilisi, Georgia 1999 GEL Brokerage TBC Leasing JSC 100% 100% Tbilisi, Georgia 2003 GEL Leasing TBC Kredit LLC 1 N/A 100% Baku, Azerbaijan 1999 AZN Non-banking credit institution TBC Pay LLC 100% 100% Tbilisi, Georgia 2008 GEL Payment processing TBC Invest-Georgia LLC 100% 100% Ramat Gan, Israel 2011 ILS Financial services TBC Asset Management LLC 100% 100% Tbilisi, Georgia 2021 GEL Asset management TBC Insurance JSC 100% 100% Tbilisi, Georgia 2014 GEL Insurance Redmed LLC 100% 100% Tbilisi, Georgia 2019 GEL Healthcare e-commerce TNET LLC 100% 100% Tbilisi, Georgia 2019 GEL Ecosystem Index LLC 100% 100% Tbilisi, Georgia 2009 GEL Public register business and real estate services Art Area.ge LLC 100% 100% Tbilisi, Georgia 2012 GEL Digital Channel Saba LLC 85.00% 85.00% Tbilisi, Georgia 2012 GEL Education TBC Art Gallery LLC 2 100% 100% Tbilisi, Georgia 2012 GEL PR and marketing Marjanishvili 7 LLC 100% 100% Tbilisi, Georgia 2020 GEL Customer experience servicing TBC Digital JSC 79.69% 100%* Tashkent, Uzbekistan 2019 UZS Investment JSCB TBC Bank 100% 100% Tashkent, Uzbekistan 2020 UZS Banking TBC Fin Service LLC 100% 100% Tashkent, Uzbekistan 2019 UZS Leasing MFO TBC Credit LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Microlending TBC Sug'Urta JSC 100% 100% Tashkent, Uzbekistan 2024 UZS Insurance Payme JSC 100% 100%* Tashkent, Uzbekistan 2011 UZS Payment processing DWH CO LLC 100% 100% Tashkent, Uzbekistan 2024 UZS Data hosting and processing services TBC BNPL LLC 100% N/A Tashkent, Uzbekistan 2025 UZS Buy Now Pay Later (BNPL) and instalment Shoppe Group LLC 52.94% N/A Tashkent, Uzbekistan 2025 UZS Retail management platform TBC Group Support LLC 100% 100% Tbilisi, Georgia 2020 GEL Group risk and knowledge centre Space JSC 100% 100% Tbilisi, Georgia 2021 GEL Software services Space International JSC 100% 100% Tbilisi, Georgia 2021 GEL Digital banking platform TBC International Holdings Limited** 100% 100% London, UK 2023 GEL Financial services Tpay LLC 100% 100% Tbilisi, Georgia 2023 GEL Payment processing Fondy Payments LTD 100% 100% Drogheda, Ireland 2019 EUR Payment processing *In May 2025 the Group completed the reorganisation of the structure of Uzbekistan operations. For more details refer to Note 26. **As permitted by Section 479A of the Companies Act 2006, TBC International Holdings Limited (Company Registration Number :15122698) is exempt from the requirement to have its financial statements audited for the financial year ended 31 December 2025. The exemption is made available as TBC Bank Group PLC as the sole shareholder has provided its consent not to require audited accounts and has provided a guarantee under Section 479C of the Companies Act 2006. Under the terms of the guarantee, TBC Bank Group PLC has guaranteed all outstanding liabilities of TBC International Holdings
Limited as at 31 December 2025. This guarantee will remain enforceable until all such liabilities have been fully dischargedThe Group has investments in the following associates: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Principal activities Associate name 2025 2024 CreditInfo Georgia JSC 21.08% 21.08% Tbilisi, Georgia 2005 Financial intermediation Tbilisi Stock Exchange JSC 28.79% 28.87% Tbilisi, Georgia 2015 Finance, Service Georgian Central Securities Depository JSC 22.87% 22.87% Tbilisi, Georgia 1999 Finance, Service Georgian Stock Exchange JSC 3 17.33% 17.33% Tbilisi, Georgia 1999 Finance, Service Kavkasreestri JSC 3 10.03% 10.03% Tbilisi, Georgia 1998 Finance, Service
The country of incorporation is also the principal area of operation of each of the above subsidiaries and associates. The Group\u2019s corporate structure consists of a number of related undertakings, comprising subsidiaries and associates, which are not consolidated or equity accounted due to immateriality. List of these undertakings, the country of incorporation and the ownership of each share class is set out below. For the complete list of related undertakings and their addresses, see the Appendix A below. Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Principal activities Company name 2025 2024 TBC Invest International LLC 2 100% 100% Tbilisi, Georgia 2016 Investment Vehicle University Development Fund 2 33.33% 33.33% Tbilisi, Georgia 2007 Education Natural Products of Georgia LLC 2 25.00% 25.00% Tbilisi, Georgia 2001 Trade, Service TBC Trade LLC 2 100% 100% Tbilisi, Georgia 2008 Trade, Service Freeshop.ge LLC 2 100% 100% Tbilisi, Georgia 2010 Retail Trade The.ge LLC 4 N/A 100% Tbilisi, Georgia 2012 Retail Trade Mypost LLC 2 100% 100% Tbilisi, Georgia 2019 Postal Service Billing Solutions LLC 2 51.00% 51.00% Tbilisi, Georgia 2019 Software Services Vendoo LLC (Geo) 2 100% 100% Tbilisi, Georgia 2018 Retail Leasing F Solutions LLC 2 100% 100% Tbilisi, Georgia 2016 Software Services Space Int LLC (Uz) 100% 100% Tashkent, Uzbekistan 2024 Computer Programming TBC Operations LLC 100% N/A Tashkent, Uzbekistan 2025 Administrative and Operational Management TAPUZ LIMITED 50.10% N/A United Arab Emirates 2025 Holding In 2025 TBC Kredit LLC was disposed. 2 Dormant 3 The Group has significant influence on Georgian Stock Exchange JSC (with representatives in management board) and Kavkasreestri JSC. 4 In 2025 The.ge LLC was liquidated.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCompositionOfGroupExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-606": {
"value": "The Group has investments in the following associates: Proportion of voting rights and ordinary share capital held as 31 December Place of incorporation or registration Year of incorporation or acquisition Principal activities Associate name 2025 2024 CreditInfo Georgia JSC 21.08% 21.08% Tbilisi, Georgia 2005 Financial intermediation Tbilisi Stock Exchange JSC 28.79% 28.87% Tbilisi, Georgia 2015 Finance, Service Georgian Central Securities Depository JSC 22.87% 22.87% Tbilisi, Georgia 1999 Finance, Service Georgian Stock Exchange JSC 3 17.33% 17.33% Tbilisi, Georgia 1999 Finance, Service Kavkasreestri JSC 3 10.03% 10.03% Tbilisi, Georgia 1998 Finance, Service
The country of incorporation is also the principal area of operation of each of the above subsidiaries and associates",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-607": {
"value": "1 In 2025 TBC Kredit LLC was disposed. 2 Dormant 3 The Group has significant influence on Georgian Stock Exchange JSC (with representatives in management board) and Kavkasreestri JSC. 4 In 2025 The.ge LLC was liquidated.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAdditionalInformationExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-608": {
"value": "2. Material Accounting Policy Information Basis of preparation. The consolidated financial statements and the separate financial statements of TBC Bank Group PLC, together referred as \u201cfinancial statements\u201d have been prepared in accordance with UK-adopted International Accounting Standards and with the requirements of the Companies Act 2006 and, for the group, in accordance with, International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the European Union. The consolidated and separate financial statements have been prepared in line with the valuation methods described in the accounting policies below. The principal accounting policies applied in the preparation of the consolidated and separate financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated below. In accordance with the exemption permitted under section 408 of the Companies Act 2006, the separate statement of comprehensive income of TBCG is not presented as part of these separate financial statements. TBCG\u2019s income for the year is disclosed within the separate statement of changes in equity.
Going concern. The Board has fully reviewed the available information pertaining to the principal existing and emerging risks strategy, financial health, profitability of operations, liquidity and solvency of the Group, and determined that the Group\u2019s business remains a going concern. The Directors have not identified any material uncertainties that could threaten the going concern assumption and have a reasonable expectation that the Group has adequate resources to remain operational and solvent for the foreseeable future (which is, for this purpose, a period of 12 months from the date of approval of these financial statements). Accordingly, the accompanying financial statements are prepared in line with the going concern basis of accounting.
Presentation currency. These consolidated financial statements are presented in thousands of Georgian Lari (\u201cGEL thousands\u201d), except per-share amounts and unless otherwise indicated.
Consolidated financial statements. Subsidiaries are those investees that the Group controls. The Group may have power over an investee even when it holds less than the majority of voting power in it. In such a case, the Group assesses the size of its voting rights relative to the size and dispersion of holdings of the other vote holders to determine if it has de-facto power over the investee. Subsidiaries are consolidated from the date on which control is transferred to the Group and are deconsolidated from the date on which control ceases. Separate financial statements. Investments in subsidiaries - The Company accounts for investments in subsidiaries at the original cost of the investment until the investment is de-recognised or impaired for its separate financial statements. The carrying amounts of the investments are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, the assets\u2019 recoverable amounts are estimated. Value in use is determined by the present value of expected future cash flows discounted to present value. An impairment loss is recognised when the carrying amount of the investments exceeds its recoverable amount. Impairment losses are recognised in profit or loss.
Business combinations and goodwill accounting. Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured at the fair value of consideration, including contingent consideration, given at the acquisition date. Acquisition-related costs are recognised as an expense in the profit or loss in the period in which they are incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The Group measures the non-controlling interest, that represents the current ownership\u2019s interest and entitles the holder to a proportionate share of net assets in the event of liquidation on a transaction-by-transaction basis, either at: (a) fair value, or (b) the non-controlling interest\u2019s proportionate share of net assets of the acquired entity. Non-controlling interests that are not present ownership interests are measured at fair value. Goodwill is measured by deducting the acquiree\u2019s net assets from the aggregate of the consideration transferred for the acquiree, the amount of non-controlling interest in the acquiree and fair value of an interest in the acquiree held immediately before the acquisition date. The Group tests goodwill for impairment at least annually and whenever there are indications that goodwill may be impaired. Goodwill is allocated to the cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination. Such units or group of units represent the lowest level at which the Group monitors goodwill and are not larger than an operating segment. Gains or losses on disposal of an operation within a cash generating unit to which goodwill has been allocated include the carrying amount of goodwill associated with the disposed operation. This is generally measured on the basis of the relative values of the disposed operation and
the portion of the cash-generating unit which is retained. The consideration transferred for the acquiree is measured at the fair value of the assets given up, equity instruments issued and liabilities incurred or assumed, including fair value of assets or liabilities from contingent consideration arrangements, but excludes acquisition related costs such as advisory, legal, valuation and similar professional services. Transaction costs incurred for issuing equity instruments are deducted from the equity; transaction costs incurred for issuing debt are deducted from the carrying amount and all other transaction costs associated with the acquisition are expensed. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated; unrealised losses are also eliminated unless the cost cannot be recovered. The Company and all of its subsidiaries use uniform accounting policies consistent with the Group\u2019s policies. Non-controlling interest is that part of the net results and of the equity of a subsidiary attributable to interests that are not owned, directly or indirectly, by the Company. Non-controlling interest forms a separate component of the Group\u2019s equity.
Purchases and sales of non-controlling interests. The Group applies the economic entity model to account for transactions with owners of non-controlling interest (\u201cNCI\u201d). Any difference between the purchase consideration and the carrying amount of non-controlling interest acquired is recorded as a capital transaction directly in equity. The Group recognises the difference between sales consideration and the carrying amount of non-controlling interest sold as a capital transaction in the statement of changes in equity. For the put options existing with non-controlling interest the Group recognises the liability at the present value of the redemption amount in accordance with IAS 32 paragraph 23. This liability is recognised even if the put option is out of the money because exercising the option remains at the discretion of NCI and not the Company. In case the ownership interest has been retained by minority shareholders, the non-controlling interest is not derecognised in the statement of financial position at initial recognition, and the offsetting effect of redemption liability is recognised in the other reserves through equity. When the risks and rewards associated with actual ownership of the shares is held by minority shareholders any subsequent remeasurement of redemption liability is recognised through other reserves as well.
Initial recognition of financial instruments. Financial instruments measured at fair value through profit or loss (\u201cFVTPL\u201d) are initially recorded at fair value. All other financial instruments are initially recorded at fair value adjusted for transaction costs. Financial assets \u2013 classification and subsequent measurement \u2013 measurement categories. The Group classifies financial assets in the following measurement categories: FVTPL, fair value through other comprehensive income (\u201cFVTOCI\u201d) and amortised cost (\u201cAC\u201d). The classification and subsequent measurement of debt financial assets depends on: (i) the Group\u2019s business model for managing the related assets portfolio and (ii) the cash flow characteristics of the asset. The line items Financial Assets and Financial Liabilities in the statement of financial position include those assets and liabilities that are in the scope of IFRS 17 for disclosure purposes. Financial assets impairment \u2013 expected credit loss (ECL) allowance. The Group assesses, on a forward-looking basis, the ECL for debt instruments measured at AC and FVTOCI and for the exposures arising from loan commitments and financial guarantee contracts. The Group measures expected credit loss (\u201cECL\u201d) and recognises credit loss allowance at each reporting date. The measurement of ECL reflects: (i) an unbiased and probability weighted amount that is determined by evaluating a range of possible outcomes, (ii) time value of money and (iii) all reasonable and supportable information that is available without undue cost and effort at the end of each reporting period about past events, current conditions and forecasts of future conditions.
The Group applies a three-stage model for impairment, based on changes in credit quality since initial recognition. The Group\u2019s definition of defaulted assets and definition of default is based on the occurrence of one or more loss events, described further in Note 37: \u2022 Stage 1: A financial instrument that is not defaulted on initial recognition is classified in Stage 1. Financial assets in Stage 1 have their ECL measured at an amount equal to the portion of lifetime ECL that results from default events possible within the next 12 months or until contractual maturity, if shorter (\u201c12 Months ECL\u201d); \u2022 Stage 2: If the Group identifies a significant increase in credit risk (\u201cSICR\u201d) since initial recognition, the asset is transferred to Stage 2 and its ECL is measured based on ECL on a lifetime basis (\u201cLifetime ECL\u201d). If a SICR is no longer observed, the instrument will move back to Stage 1. In case of loans previously having default flag, they are moved back from stage 2 to stage 1 with 6-month cure period, while restructured loans remain in stage 2 until the restructured status is removed. To remove restructured status, the borrower should make at least 12 consecutive payments, unless financial monitoring is performed. Refer to Note 37 for a description of how the Group determines, on a forward-looking basis, when a SICR has occurred. \u2022 Stage 3: Defaulted assets are transferred to Stage 3 and allowance for Lifetime ECL is recognised. Change in ECL is recognised in the statement of profit or loss with a corresponding allowance reported as a decrease in carrying value of the financial asset on the statement of financial position. For financial guarantees and credit commitments, provision for ECL is reported as a liability in Provisions for Liabilities and Charges. Finance lease receivables \u2013 expected credit loss (ECL) Allowance. The ECL is determined in the same way as for financial assets measured at AC and recognised through an allowance account to write down the receivables\u2019 net carrying amount to the present value of expected cash flows discounted at the interest rates implicit in the lease investments. There is a \u2018three stage\u2019 approach which is based on the change in credit quality of financial lease receivables since initial recognition. Immediate loss that is equal to the 12-month ECL is recorded on initial recognition of financial leases that are not defaulted. In case of a significant increase in credit risk, impairment is measured using lifetime ECL rather than 12-month ECL. The estimated future cash flows reflect the cash flows that may result from obtaining and selling the assets subject to the lease. The Group normally structures its finance lease contracts so that the lessee makes a minimum prepayment of 20% of the equipment purchase price at the inception of the lease term. The Group holds title to the leased assets during the lease term. The title to the asset under the finance lease contract is transferred to the lessee at the end of the contract\u2019s term, including full repayment of lease payments. Generally, the lease terms are up to five years. The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. \u2022 Third party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d). The Group classifies its portfolio into three stages. For stage 1 exposures the Group creates 12 months expected credit losses, whereas for stage 2 and stage 3 lifetime expected credit losses are created. For the Stage 2 classification purposes the Group applies both quantitative and the qualitative criteria including, but not limited to: \u2022 30 days past due (DPD) overdue. \u2022 Downgrade of the risk category of the borrower since initial recognition.
Default definition includes criteria such as: (i) 90 DPD overdue (ii) distressed restructuring and (iii) other criteria indicating the borrower\u2019s unlikeness to repay the liabilities. The Group incorporates forward looking information (FLI) for both individual and collective assessment. For FLI purposes the Group defines three scenarios, which are: \u2022 Baseline (most likely); \u2022 Upside (better than most likely); \u2022 Downside (worse than most likely). The Group derives the baseline macroeconomic scenario and considers projections from various external sources \u2013 the National Bank of Georgia, Ministry of Finance of Georgia, Central Bank of Uzbekistan, International Monetary Fund (\u201cIMF\u201d) as well as other International Financial Institutions (\u201cIFI\u201d) - to ensure the alignment to the market expectations. Refer to Note 37 for the description of how the Group incorporates FLI in ECL calculations. Upside and downside scenarios are defined based on the framework developed by the Bank\u2019s macroeconomic unit. The Group calculates expected impairment losses for each scenario. To come up with the final expected credit loss figures the bank applies probability weighted average approach where probabilities of each scenario are used as weights.
Write-offs. The loans are collectively assessed for write off based on overdue days criteria or are individually evaluated, depending on the loan segment and product type. Loans are written off when recovery is deemed highly unlikely. Retail and micro loans are written off after 1,080 days for collateralised loans and 180 days for non-collateralised loans. Corporate and MSME exposures are written off after a maximum of 1,460 days past due, subject to individual assessment. Financial assets- derecognition and modification. The Group derecognises financial assets when (a) the assets are redeemed or the rights to cash flows from the assets otherwise expired or (b) the Group has transferred the rights to the cash flows from the financial assets or entered into a qualifying pass-through arrangement while (i) also transferring substantially all risks and rewards of ownership of the assets or (ii) neither transferring nor retaining substantially all risks and rewards of ownership, but not retaining control. Control is retained if the counterparty does not have the practical ability to sell the asset in its entirety to an unrelated third party without needing to impose restrictions on the sale. The Group sometimes renegotiates or otherwise modifies the contractual terms of the financial assets. The Group assesses whether the modification of contractual cash flows is substantial, in which it considers certain qualitative and quantitative factors combined. Based on below shown internally developed methodology there are certain qualitative triggers which lead to asset derecognition with no further quantitative testing required. These qualitative criteria are included in the list below: \u2022 Change in contract currency; \u2022 Consolidation of two or more loans into one new loan; \u2022 Change in counterparty; \u2022 Loan with no predetermined payment schedule is changed with loan with schedule or vice versa; \u2022
Change in contractual interest rate due to market environment changes.
The Group compares the original and revised expected cash flows to assets whether the risks and rewards of the asset are substantially different as a result of the contractual modification. It should be assessed whether change in contractual cash flow is significant (significance defined as 10% change). If the test result is above 10% threshold, loan should be derecognised, whereas if the test result is below or equal to 10%, financial asset can be assessed as modified. The Group recalculates the gross carrying amount by discounting the modified contractual cash flows by the original effective interest rate and recognises a modification gain or loss in profit or loss. Any costs or fees incurred adjust the carrying amount of the modified financial asset and are amortised over the remaining term of the modified financial asset.
Reverse repurchase receivables. Reverse repurchase receivables are accounted for as collateralized lending transactions with maturity more than three months. Under these arrangements, the Group provides funds to a counterparty and receives securities as collateral, which is not recognised on the balance sheet unless the risks and rewards of ownership are transferred. These types of receivables are classified as financial assets and measured at amortized cost. Due from other banks. Amounts due from other banks are recognised when the Group advances money to counterparty banks. Amounts due from other banks are carried at AC when: (i) they are held for the purposes of collecting contractual cash flows and those cash flows represent solely payments of principal and interest (\u201cSPPI\u201d), and (ii) they are not designated at fair value through profit or loss. Otherwise, they are carried at fair value fair value through profit or loss (FVTPL). Mandatory cash balances with the National Bank of Georgia. Mandatory cash balances with National Bank of Georgia are carried at AC and represent mandatory reserve deposits that are not available to finance the Group\u2019s day-to-day operations. Hence, they are not considered as part of cash and cash equivalents for the purposes of the consolidated statement of cash flows.
Loans and advances to customers. Loans and advances to customers are recorded when the Group advances money to purchase or originate a loan due from a customer. Impairment allowances are determined based on the ECL models. Note 37 provides information about inputs, assumptions and estimation techniques used in measuring ECL, including an explanation of how the Group incorporates forward-looking information in the ECL models.
Repossessed collateral. Repossessed collateral represents non-financial assets acquired by the Group to settle overdue loans. The assets are initially recognised at fair value when acquired and included in premises and equipment, investment property or repossessed collateral within other assets depending on their nature and the Group\u2019s intention in respect of recovery of these assets and are subsequently re-measured and accounted for in accordance with the accounting policies for these categories of assets. Repossessed assets are recorded at the lower of cost or net realisable value.
Finance lease receivables. Where the Group is a lessor in a lease that substantially transfers all risks and rewards incidental to ownership to the lessee, the assets leased out are presented as finance lease receivables and carried at the present value of the future lease payments. Finance lease receivables are initially recognised at commencement (when the lease term begins) using a discount rate determined at inception (the early date of the lease agreement and the date of commitment by the parties to the principal provisions of the lease). The difference between the gross receivable and the present value represents unearned finance income. This income is recognised over the term of the lease using the net investment method (before tax), which reflects a constant periodic rate of return. The interest income on stage 3 exposures is recognised on a carrying amount after deducting ECL. Incremental costs directly attributable to negotiating and arranging the lease are included in the initial measurement of the finance lease receivables and reduce the amount of income recognised over the lease term. Finance income from leases is recorded within interest income in the profit or loss.
Investments in debt securities. Based on the business model and the cash flow characteristics, the Group classifies investments in debt securities as carried at AC, FVTOCI or FVTPL. Debt securities are carried at AC if they are held for collection of contractual cash flows and where those cash flows represent SPPI, and if they are not voluntarily designated at FVTPL in order to significantly reduce an accounting mismatch. Debt securities are carried at FVTOCI if they are held for collection of contractual cash flows and for selling, where those cash flows represent SPPI, and if they are not designated at FVTPL. Interest income from these assets is calculated using the effective interest rate method and recognised in profit or loss. An impairment allowance estimated using the expected credit loss model is recognised in profit or loss for the year. All other changes in the carrying value are recognised in OCI. When the debt security is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from OCI to profit or loss.
Investments in equity securities. Financial assets that meet the definition of equity from the issuer\u2019s perspective - instruments that do not contain a contractual obligation to pay cash and that represent a residual interest in the issuer\u2019s net assets - are considered investments in equity securities by the Group. Investments in equity securities are measured at FVTPL, except where the Group elects at initial recognition to irrevocably designate an equity investment at FVTOCI. The Group\u2019s policy is to designate equity investments as FVTOCI when those investments are held for strategic purposes other than solely to generate investment returns. For FVTPL investments, fair value changes are recognised in profit or loss. For FVTOCI investments, fair value changes are recognised in other comprehensive income (OCI), with no reclassification to profit or loss upon disposal. Financial liabilities \u2013 measurement categories. Financial liabilities are classified and subsequently measured at AC, except for (i) financial liabilities at FVTPL: this classification is applied to derivatives, financial liabilities held for trading (e.g., short positions in securities), contingent consideration recognised by an acquirer in a business combination and other financial liabilities designated as such at initial recognition and (ii) financial guarantee contracts and loan
Debt securities in issue. Debt securities in issue include promissory notes, bonds, certificates of deposit and debentures issued by the Group. Debt securities are measured at AC. If the Group purchases its own debt securities in issue, they are removed from the consolidated statement of financial position and the difference between the carrying amount of the liability and the consideration paid is included in gains arising from retirement of debt. Additional tier 1 capital subordinated notes. The Group classifies Additional tier 1 (AT1) capital subordinated notes as financial liabilities measured at amortised cost using the effective interest rate method. Such instruments with perpetual maturity and discretionary coupon payments, may be written down, converted into equity, or otherwise modified under the resolution regime implemented by the National Bank of Georgia.
Customer accounts. Customer accounts are non-derivative financial liabilities to individuals, state or corporate customers and are carried at AC. Derivative financial instruments. Derivative financial instruments, including foreign exchange contracts, interest rate futures, forward rate agreements, currency and interest rate swaps, currency and interest rate options are recognised at their fair value. The Group also enters into offsetting deposits with its counterparty banks to exchange currencies. Such deposits, while legally separate, are aggregated and accounted for as a single derivative financial instrument (currency swap) on a net basis where (i) the deposits are entered into at the same time and in contemplation of one another, (ii) they have the same counterparty, (iii) they relate to the same risk and (iv) there is no apparent business purpose for structuring the transactions separately that could not also have been accomplished in a single transaction. All derivative instruments are carried as assets when fair value is positive and as liabilities when fair value is negative. When derivative instruments are entered into with a view to decrease cost of funding, the respective interest effect is separated from the fair value change and recognised within net interest income. Hedge accounting. The Group applies fair value hedge accounting, whereby the gains and losses on the hedging instruments are recognised in the income statement to offset the fair value adjustment recognised on the hedged item, while the cost of hedging arising from basis spread is recognised in other comprehensive income (OCI). If a hedge relationship no longer meets the criteria for hedge accounting, hedge accounting is discontinued and the cumulative adjustment to the carrying amount of a hedged item for which the effective interest rate method is used is amortised to the income statement on a recalculated effective interest rate, unless the hedged item has been derecognised, in which case it is recognised in the income statement immediately. Please refer to Note 32 for further explanation.
Insurance contracts Scope. IFRS 17 applied to the following contracts for the Group: (a) insurance contracts issued by the Group, (b) reinsurance contracts held by the Group. IFRS 17 applies to the whole set of rights and obligations created by an insurance contract. Cash flows generated by such rights and obligations are incorporated in the measurement of assets and liabilities associated with an insurance contract. However, an insurance contract may also contain components which are excluded from the scope of IFRS 17 and are accounted for under different standards, subject to specific criteria: (a) embedded derivatives, (b) investment components, (c) promises to transfer to a policyholder distinct goods or services other than insurance contract services. The Group has certain loans where borrowers are required to conclude life insurance contracts to secure the loan repayment upon death. The Group has considered how this arrangement should be accounted for when the insurance contract is issued by the Group subsidiary. In terms of the legislation, borrowers may choose between several unrelated insurance companies apart from the Group subsidiary and they may also change the insurer at any time during the term of the loan. Accordingly, the Group concluded that the loan and the related insurance policy represent two separate contracts: loans are accounted for under IFRS 9 and life insurance contracts are accounted for under IFRS 17. Level of aggregation. The Group identifies portfolios of insurance contracts. A portfolio of insurance contracts is defined as insurance contracts that are subject to similar risks and managed together. Portfolios are further disaggregated into profitability-based groups of insurance contracts that are, on initial recognition: (a) onerous, if any, (b) profitable, with no significant possibility of subsequently becoming onerous, if any, and (c) remaining contracts, if any. According to IFRS 17, groups cannot contain contracts that are written more than one year apart, a requirement commonly referred to as annual cohort requirement. Contract boundary. The contract boundary concept is used to determine which cash flows are considered in the measurement of an insurance contract. Cash flows that are not within the boundary of an insurance contract relate to future insurance contracts. The Group generally determines the contract boundary with a reference to its ability to reprice the insurance contract as a whole. Expected future cash flows. Included in the measurement of each group of contracts within the scope of IFRS 17 are all the future cash flows within the boundary of each group of contracts. The estimates of these future cash flows are based on probability-weighted expected future cash flows. The Group estimates which cash flows are expected and the probability that they will occur as at the measurement date. In making these expectations, the Group uses information about past events, current conditions, and forecasts of future conditions. Where estimates of expenses-related cash flows are determined at the portfolio level or higher, they are allocated to groups of contracts on a systematic basis, such as activity-based costing method. The Group has determined that this method results in a systematic and rational allocation. Similar methods are consistently applied to allocate expenses of a similar nature. Expenses of an administrative policy maintenance nature are allocated to groups of contracts based on the gross earned premium of groups.
Risk adjustment for non-financial risk. The risk adjustment for non-financial risk is included in the expected cash flows to represent compensation required for bearing the non-financial risk arising from uncertainty in future cash flows. Under IFRS 17 requirements, the risk adjustment for non-financial risk includes: (a) the degree of diversification benefit that the entity includes when determining the compensation that it requires for bearing that risk, and (b) both favourable and unfavourable outcomes in a way that reflects the entity\u2019s degree of risk aversion. Contractual service margin. The contractual service margin (CSM) is a component of the carrying amount of the asset or liability for a group of insurance contracts representing the unearned profit that the entity will recognise as it provides insurance contract services under the insurance contracts in the group. Pattern of CSM recognition would be thus determined based on the coverage units, reflecting the pattern under which the insurance contract service benefit is transferred to the policyholder of the insurance contracts. Insurance contract services are the services that the Group provides to a policyholder of an insurance contract and comprise of coverage for an insurance event. Considering the short-term nature of the Group\u2019s insurance contracts and the insurance coverage that is evenly distributed over time, the Group uses contract period as a coverage unit for each portfolio. Premium allocation approach. This approach is applied to all insurance contracts, unless they have direct participation features or the contract is eligible for, and the entity elects to apply, the premium allocation approach. The Group elected to apply premium allocation approach. The Group uses Premium allocation approach (PAA) for its total portfolio as the coverage period of each contract in the group (including coverage arising from all premiums within the contract boundary determined at inception date is one year or less. The Group does not use variable fee approach for any of its contracts. Insurance finance income and expenses. Insurance finance income or expenses reflect the changes in the carrying amount of the group of insurance contracts that relate to financial risks. They comprise the effect of the time value of money (that is, the accretion of interest on all of the fulfilment cash flows, the risk adjustment for non-financial risk and the contractual service margin) as well as the effect of financial risk and changes in financial risks. The Group\u2019s policy is to account for the total insurance finance income and expenses in the statement of profit or loss. Reinsurance contracts held. The Group elected to present a single net amount in net expenses for reinsurance contracts held.
Premises and equipment. Premises and equipment are stated at cost, less accumulated depreciation and provision for impairment, where applicable. Cost of premises and equipment of acquired subsidiaries is the estimated fair value at the date of acquisition. At the end of each reporting period management assesses whether there is any indication of impairment of premises and equipment. If any such indication exists, management estimates the recoverable amount to determine whether an
impairment loss should be recognised. Intangible assets. Intangible assets, other than goodwill, have definite useful lives and primarily comprise capitalised computer software, accounted for using the cost model. Acquired software licences are capitalised based on acquisition and implementation costs, while directly attributable development costs are capitalised if future economic benefits are probable. Capitalised costs include staff and direct overheads, whereas maintenance costs are expensed as incurred.
Depreciation and amortisation. Land and construction in progress are not depreciated. Depreciation on other items of premises and equipment and right-of-use assets and amortisation of intangible assets are calculated using the straight- line method to allocate their cost less their residual values over their estimated useful lives as follows: Asset Useful life Premises 40 \u2013 110 years Furniture and fixtures 5 \u2013 8 years Computers and office equipment 3 \u2013 8 years Other equipment 2 \u2013 10 years Right of use assets Term of the underlying lease Intangible assets 1 \u2013 20 years The residual value of an asset is nil if the Group expects to use the asset until the end of its physical life. The assets\u2019 residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.
Investment property. Investment property is stated at cost less accumulated depreciation and provision for impairment, where applicable. It is amortised on a straight-line basis over an expected useful life of 30 to 50 years. Land included in investment property is not depreciated. Residual values of investment properties are estimated to be nil. In case of any indication that the investment properties may be impaired, the Group estimates the recoverable amount as the higher of value in use and fair value less costs to sell. Earned rental income is recorded in profit or loss for the year within other operating income.
Accounting for leases by the Group as a lessee. The Group leases office, branches and service centre premises. Leases are recognised as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the Group. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is recognised at cost and depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis. Liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the following lease payments: \u2022 fixed payments (including in-substance fixed payments), less any lease incentives receivable; \u2022 variable lease payment that are based on an index or a rate; \u2022 amounts expected to be payable by the lessee under residual value guarantees; \u2022 the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and \u2022 payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.
The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee\u2019s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions. As an exception to the above, the Group accounts for short-term leases and leases of low value assets by recognising the lease payments as an operating expense on a straight-line basis. In determining the lease term, management of the Group considers all facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option. Extension options (or periods after 2. Material Accounting Policy Information termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated).
Income taxes. Income taxes are recognised in the consolidated financial statements in accordance with the legislation enacted or substantively enacted by the end of reporting period in the respective territories that the company and its subsidiaries operate. The income tax charge/credit comprises of current tax and deferred tax and is recognised in profit or loss except if it is recognised directly in other comprehensive income because it relates to transactions that are also recognised, in the same or a different period, directly in other comprehensive income. Current tax is the amount expected-to-be-paid to or recovered from the tax authorities in respect of taxable profits or losses for the current and prior periods. Taxable profits or losses are based on estimates if consolidated financial statements are authorised prior to filing relevant tax returns. Taxes, other than on income, are recorded within administrative and other operating expenses. Deferred income tax is provided using the balance sheet liability method for tax loss carry forwards and temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax balances are measured at tax rates enacted or substantively enacted at the end of reporting period that are expected to apply to the extent of time when the temporary differences will reverse or the tax loss carry forwards will be utilised. Deferred income tax is provided on post-acquisition retained earnings of subsidiaries, except where the Group controls the subsidiary\u2019s dividend policy and it is probable that the difference will not reverse through dividends or otherwise in the foreseeable future.
Share capital. Ordinary shares with discretionary dividends are classified as equity. Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. Any excess of the fair value of consideration received over the par value of shares issued is recorded as share premium in equity.
Dividends. Dividends are recorded in equity in the period in which they are declared. Any dividends declared after the end of the reporting period and before the consolidated financial statements are authorised for issue, are disclosed in the subsequent events note.
Income and expense recognition. Interest income and expense are recorded for all debt instruments, other than those at FVTPL, using the effective interest rate method. As part of interest income or expense this method defers all fees paid or received between the parties to the contract that are an integral part of the effective interest rate, transaction costs and all other premiums or discounts. The Group does not have interest income on debt instruments at FVTPL. Fees integral to the effective interest rate include origination fees received or paid by the entity relating to the creation or acquisition of a financial asset or issuance of a financial liability, for example fees for evaluating creditworthiness, evaluating and recording guarantees or collateral, negotiating the terms of the instrument and for processing transaction documents. Commitment fees received by the Group to originate loans at market interest rates are integral to the effective interest rate if it is probable that the Group will enter into a specific lending arrangement and does not expect to sell the resulting loan shortly after origination. The Group does not designate loan commitments as financial liabilities at FVTPL.
Interest income is calculated by applying the effective interest rate to the gross carrying amount of financial assets, except for (i) financial assets that have become defaulted (Stage 3), for which interest income is calculated by applying the effective interest rate to their AC, net of the ECL provision, and (ii) financial assets that are purchased or originated defaulted, for which the original credit-adjusted effective interest rate is applied to the AC. All other fees, commissions, and other income and expense items are generally recorded when earned, either at a point in time upon completion of the transaction or over time based on the proportion of services provided relative to total services under the contract. For cross currency basis swaps interest component calculation, notional amount is multiplied by contractual interest rate for respective period. While making allocation of an interest income/(expense) from foreign exchange (FX) Swaps transactions, annualized spread earned interest income/(expense) is calculated and distributed linearly throughout the lifetime of the contract.
Fee and commission income. Fee and commission income is recognised over time on a straight-line basis as the services are rendered, when the customer simultaneously receives and consumes the benefits provided by the Group\u2019s performance. Such income includes recurring fees for account maintenance, account servicing fees, account subscription fees, annual plastic card fees etc. Variable fees are recognised only to the extent that management determines that it is highly probable that a significant reversal will not occur. Other fee and commission income is recognised at a point in time when the Group satisfies its performance obligation, usually upon execution of the underlying transaction. The amount of fee or commission received or receivable represents the transaction price for the services identified as distinct performance obligations. Such income includes fees for arranging a sale or purchase of foreign currencies on behalf of a customer, fees for processing payment
transactions, plastic card transactions, merchant fees, fees for cash settlements, collection or cash disbursements, etc. Foreign currency translation. The Group\u2019s presentation currency is the Georgian Lari. TBCG\u2019s and the Bank\u2019s presentation currency is the Georgian Lari. The functional currency of each of the Group\u2019s consolidated entities is the currency of the primary economic environment in which the entity operates. Transactions in foreign currencies are initially recorded in the functional currency, converted at the rate of exchange ruling at the date of the transaction. The results and financial position of each group entity (the functional currency of none of which is a currency of a hyperinflationary economy) are translated into the presentation currency as follows: (i) Assets and liabilities for each statement of financial position presented are translated at the closing rate at the end of the respective reporting period; (ii) Income and expenses are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions); (iii) Components of equity are translated at the historic rate; and (iv) All resulting exchange differences are recognised in other comprehensive income. After losing control over a foreign operation, the exchange differences previously recognised in other comprehensive income are reclassified to profit or loss for the year as part of the gain or loss on disposal. On partial disposal of a subsidiary without loss of control, the related portion of accumulated currency translation differences is reclassified to non-controlling interest within equity.
Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing rate. The closing rates of exchange used for translating foreign currency balances for the years 2025 and 2024 were as follows: 31 December 2025 31 December 2024 EUR/GEL 3.1737 2.9306 GBP/GEL 3.6446 3.5349 USD/GEL 2.6951 2.8068 UZS 1,000/GEL 0.2242 0.2177
Staff costs and related contributions. Wages, salaries, paid annual leave and sick leave, bonuses, and non-monetary benefits as well as the cash settled part of the share-based payment schemes are accrued in the year in which the associated services are rendered by the Group\u2019s employees.
Earnings per share. Basic earnings/(loss) per share (\u201cEPS\u201d) are calculated by dividing the profit or loss attributable to ordinary equity holders of the Parent by the weighted average number of ordinary shares in issue during the year, excluding treasury shares. Diluted earnings per share. Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares. In calculating diluted EPS, non-vested ordinary shares are treated as outstanding on the grant date.
Segment reporting. Operating segments are reported in a manner consistent with the internal reporting provided to the Group\u2019s chief operating decision maker. Segments whose revenue, result or assets are ten percent or more of all the
segments are reported separately. Share based payments. Under the share-based compensation plan the Group receives services from management as consideration for equity instruments of the Company. The fair value of the employee services received in exchange for the grant of the equity instruments is recognised as an expense. The total amount to be expensed is determined by the reference to the fair value of the equity instruments granted, excluding the impact of any non-market service and performance vesting conditions. Non-market vesting conditions are included in the assumptions about the number of equity instruments that are expected to vest. The total amount expensed is recognised over the vesting period, which is the period over which all the specified vesting conditions are to be satisfied. At each balance sheet date, the Group revises its estimates of the number of equity instruments that are expected to vest based on the non-market vesting conditions. It recognises the impact of the revision of original estimates, if any, in profit or loss, with a corresponding adjustment to equity. Increase in equity on accrued shares resulting from the equity settled scheme is accounted for under share-based payment reserve. Upon award of shares to the scheme participants, respective share-based payment reserve is transferred to share capital and share premium in case shares are issued on the market. When shares are repurchased from market initially and held via employee benefit trust, these shares are presented as treasury shares under shares held by trust category in the Statement of Financial Position until they are awarded to participants. When an award takes place, treasury shares amount is credited with corresponding debit recognised in share-based payment reserve. When portions of a single grant vest on two or more dates the entity applies graded vesting for accounting of share-based payment arrangement. Vesting period of each tranche of the grant ends when the employee owns the shares with no further service restrictions. Under graded vesting scheme the expense for earlier years is higher than for later years. Each tranche is expensed over its own service period with a credit entry being equity.
Scrip dividends. The scrip dividend programme enables shareholders, if they wish, to receive new fully paid ordinary shares in the Company instead of cash dividends. In such cases the Company issues new ordinary shares. Upon distribution, the Group increases its equity by the amount of scrip dividends, transferring from dividends payable liability
Basis of preparation. The consolidated financial statements and the separate financial statements of TBC Bank Group PLC, together referred as \u201cfinancial statements\u201d have been prepared in accordance with UK-adopted International Accounting Standards and with the requirements of the Companies Act 2006 and, for the group, in accordance with, International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the European Union. The consolidated and separate financial statements have been prepared in line with the valuation methods described in the accounting policies below. The principal accounting policies applied in the preparation of the consolidated and separate financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated below. In accordance with the exemption permitted under section 408 of the Companies Act 2006, the separate statement of comprehensive income of TBCG is not presented as part of these separate financial statements. TBCG\u2019s income for the year is disclosed within the separate statement of changes in equity.
Basis of preparation. The consolidated financial statements and the separate financial statements of TBC Bank Group PLC, together referred as \u201cfinancial statements\u201d have been prepared in accordance with UK-adopted International Accounting Standards and with the requirements of the Companies Act 2006 and, for the group, in accordance with, International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the European Union. The consolidated and separate financial statements have been prepared in line with the valuation methods described in the accounting policies below. The principal accounting policies applied in the preparation of the consolidated and separate financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated below. In accordance with the exemption permitted under section 408 of the Companies Act 2006, the separate statement of comprehensive income of TBCG is not presented as part of these separate financial statements. TBCG\u2019s income for the year is disclosed within the separate statement of changes in equity.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-611": {
"value": "Going concern. The Board has fully reviewed the available information pertaining to the principal existing and emerging risks strategy, financial health, profitability of operations, liquidity and solvency of the Group, and determined that the Group\u2019s business remains a going concern. The Directors have not identified any material uncertainties that could threaten the going concern assumption and have a reasonable expectation that the Group has adequate resources to remain operational and solvent for the foreseeable future (which is, for this purpose, a period of 12 months from the date of approval of these financial statements). Accordingly, the accompanying financial statements are prepared in line with the going concern basis of accounting.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-612": {
"value": "Presentation currency. These consolidated financial statements are presented in thousands of Georgian Lari (\u201cGEL thousands\u201d), except per-share amounts and unless otherwise indicated.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-613": {
"value": "Consolidated financial statements. Subsidiaries are those investees that the Group controls. The Group may have power over an investee even when it holds less than the majority of voting power in it. In such a case, the Group assesses the size of its voting rights relative to the size and dispersion of holdings of the other vote holders to determine if it has de-facto power over the investee. Subsidiaries are consolidated from the date on which control is transferred to the Group and are deconsolidated from the date on which control ceases. Separate financial statements. Investments in subsidiaries - The Company accounts for investments in subsidiaries at the original cost of the investment until the investment is de-recognised or impaired for its separate financial statements. The carrying amounts of the investments are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, the assets\u2019 recoverable amounts are estimated. Value in use is determined by the present value of expected future cash flows discounted to present value. An impairment loss is recognised when the carrying amount of the investments exceeds its recoverable amount. Impairment losses are recognised in profit or loss.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-614": {
"value": "Business combinations and goodwill accounting. Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured at the fair value of consideration, including contingent consideration, given at the acquisition date. Acquisition-related costs are recognised as an expense in the profit or loss in the period in which they are incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The Group measures the non-controlling interest, that represents the current ownership\u2019s interest and entitles the holder to a proportionate share of net assets in the event of liquidation on a transaction-by-transaction basis, either at: (a) fair value, or (b) the non-controlling interest\u2019s proportionate share of net assets of the acquired entity. Non-controlling interests that are not present ownership interests are measured at fair value. Goodwill is measured by deducting the acquiree\u2019s net assets from the aggregate of the consideration transferred for the acquiree, the amount of non-controlling interest in the acquiree and fair value of an interest in the acquiree held immediately before the acquisition date. The Group tests goodwill for impairment at least annually and whenever there are indications that goodwill may be impaired. Goodwill is allocated to the cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination. Such units or group of units represent the lowest level at which the Group monitors goodwill and are not larger than an operating segment. Gains or losses on disposal of an operation within a cash generating unit to which goodwill has been allocated include the carrying amount of goodwill associated with the disposed operation. This is generally measured on the basis of the relative values of the disposed operation and
the portion of the cash-generating unit which is retained. The consideration transferred for the acquiree is measured at the fair value of the assets given up, equity instruments issued and liabilities incurred or assumed, including fair value of assets or liabilities from contingent consideration arrangements, but excludes acquisition related costs such as advisory, legal, valuation and similar professional services. Transaction costs incurred for issuing equity instruments are deducted from the equity; transaction costs incurred for issuing debt are deducted from the carrying amount and all other transaction costs associated with the acquisition are expensed. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated; unrealised losses are also eliminated unless the cost cannot be recovered. The Company and all of its subsidiaries use uniform accounting policies consistent with the Group\u2019s policies. Non-controlling interest is that part of the net results and of the equity of a subsidiary attributable to interests that are not owned, directly or indirectly, by the Company. Non-controlling interest forms a separate component of the Group\u2019s equity.
Business combinations and goodwill accounting. Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured at the fair value of consideration, including contingent consideration, given at the acquisition date. Acquisition-related costs are recognised as an expense in the profit or loss in the period in which they are incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The Group measures the non-controlling interest, that represents the current ownership\u2019s interest and entitles the holder to a proportionate share of net assets in the event of liquidation on a transaction-by-transaction basis, either at: (a) fair value, or (b) the non-controlling interest\u2019s proportionate share of net assets of the acquired entity. Non-controlling interests that are not present ownership interests are measured at fair value. Goodwill is measured by deducting the acquiree\u2019s net assets from the aggregate of the consideration transferred for the acquiree, the amount of non-controlling interest in the acquiree and fair value of an interest in the acquiree held immediately before the acquisition date. The Group tests goodwill for impairment at least annually and whenever there are indications that goodwill may be impaired. Goodwill is allocated to the cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination. Such units or group of units represent the lowest level at which the Group monitors goodwill and are not larger than an operating segment. Gains or losses on disposal of an operation within a cash generating unit to which goodwill has been allocated include the carrying amount of goodwill associated with the disposed operation. This is generally measured on the basis of the relative values of the disposed operation and
the portion of the cash-generating unit which is retainedThe consideration transferred for the acquiree is measured at the fair value of the assets given up, equity instruments issued and liabilities incurred or assumed, including fair value of assets or liabilities from contingent consideration arrangements, but excludes acquisition related costs such as advisory, legal, valuation and similar professional services. Transaction costs incurred for issuing equity instruments are deducted from the equity; transaction costs incurred for issuing debt are deducted from the carrying amount and all other transaction costs associated with the acquisition are expensed. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated; unrealised losses are also eliminated unless the cost cannot be recovered. The Company and all of its subsidiaries use uniform accounting policies consistent with the Group\u2019s policies. Non-controlling interest is that part of the net results and of the equity of a subsidiary attributable to interests that are not owned, directly or indirectly, by the Company. Non-controlling interest forms a separate component of the Group\u2019s equity.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-616": {
"value": "Purchases and sales of non-controlling interests. The Group applies the economic entity model to account for transactions with owners of non-controlling interest (\u201cNCI\u201d). Any difference between the purchase consideration and the carrying amount of non-controlling interest acquired is recorded as a capital transaction directly in equity. The Group recognises the difference between sales consideration and the carrying amount of non-controlling interest sold as a capital transaction in the statement of changes in equity. For the put options existing with non-controlling interest the Group recognises the liability at the present value of the redemption amount in accordance with IAS 32 paragraph 23. This liability is recognised even if the put option is out of the money because exercising the option remains at the discretion of NCI and not the Company. In case the ownership interest has been retained by minority shareholders, the non-controlling interest is not derecognised in the statement of financial position at initial recognition, and the offsetting effect of redemption liability is recognised in the other reserves through equity. When the risks and rewards associated with actual ownership of the shares is held by minority shareholders any subsequent remeasurement of redemption liability is recognised through other reserves as well.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-617": {
"value": "Initial recognition of financial instruments. Financial instruments measured at fair value through profit or loss (\u201cFVTPL\u201d) are initially recorded at fair value. All other financial instruments are initially recorded at fair value adjusted for transaction costs. Financial assets \u2013 classification and subsequent measurement \u2013 measurement categories. The Group classifies financial assets in the following measurement categories: FVTPL, fair value through other comprehensive income (\u201cFVTOCI\u201d) and amortised cost (\u201cAC\u201d). The classification and subsequent measurement of debt financial assets depends on: (i) the Group\u2019s business model for managing the related assets portfolio and (ii) the cash flow characteristics of the asset. The line items Financial Assets and Financial Liabilities in the statement of financial position include those assets and liabilities that are in the scope of IFRS 17 for disclosure purposes. Financial assets impairment \u2013 expected credit loss (ECL) allowance. The Group assesses, on a forward-looking basis, the ECL for debt instruments measured at AC and FVTOCI and for the exposures arising from loan commitments and financial guarantee contracts. The Group measures expected credit loss (\u201cECL\u201d) and recognises credit loss allowance at each reporting date. The measurement of ECL reflects: (i) an unbiased and probability weighted amount that is determined by evaluating a range of possible outcomes, (ii) time value of money and (iii) all reasonable and supportable information that is available without undue cost and effort at the end of each reporting period about past events, current conditions and forecasts of future conditions.
The Group applies a three-stage model for impairment, based on changes in credit quality since initial recognition. The Group\u2019s definition of defaulted assets and definition of default is based on the occurrence of one or more loss events, described further in Note 37: \u2022 Stage 1: A financial instrument that is not defaulted on initial recognition is classified in Stage 1. Financial assets in Stage 1 have their ECL measured at an amount equal to the portion of lifetime ECL that results from default events possible within the next 12 months or until contractual maturity, if shorter (\u201c12 Months ECL\u201d); \u2022 Stage 2: If the Group identifies a significant increase in credit risk (\u201cSICR\u201d) since initial recognition, the asset is transferred to Stage 2 and its ECL is measured based on ECL on a lifetime basis (\u201cLifetime ECL\u201d). If a SICR is no longer observed, the instrument will move back to Stage 1. In case of loans previously having default flag, they are moved back from stage 2 to stage 1 with 6-month cure period, while restructured loans remain in stage 2 until the restructured status is removed. To remove restructured status, the borrower should make at least 12 consecutive payments, unless financial monitoring is performed. Refer to Note 37 for a description of how the Group determines, on a forward-looking basis, when a SICR has occurred. \u2022 Stage 3: Defaulted assets are transferred to Stage 3 and allowance for Lifetime ECL is recognised. Change in ECL is recognised in the statement of profit or loss with a corresponding allowance reported as a decrease in carrying value of the financial asset on the statement of financial position. For financial guarantees and credit commitments, provision for ECL is reported as a liability in Provisions for Liabilities and Charges. Finance lease receivables \u2013 expected credit loss (ECL) Allowance. The ECL is determined in the same way as for financial assets measured at AC and recognised through an allowance account to write down the receivables\u2019 net carrying amount to the present value of expected cash flows discounted at the interest rates implicit in the lease investments. There is a \u2018three stage\u2019 approach which is based on the change in credit quality of financial lease receivables since initial recognition. Immediate loss that is equal to the 12-month ECL is recorded on initial recognition of financial leases that are not defaulted. In case of a significant increase in credit risk, impairment is measured using lifetime ECL rather than 12-month ECL. The estimated future cash flows reflect the cash flows that may result from obtaining and selling the assets subject to the lease. The Group normally structures its finance lease contracts so that the lessee makes a minimum prepayment of 20% of the equipment purchase price at the inception of the lease term. The Group holds title to the leased assets during the lease term. The title to the asset under the finance lease contract is transferred to the lessee at the end of the contract\u2019s term, including full repayment of lease payments. Generally, the lease terms are up to five years. The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. \u2022 Third party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d). The Group classifies its portfolio into three stages. For stage 1 exposures the Group creates 12 months expected credit losses, whereas for stage 2 and stage 3 lifetime expected credit losses are created. For the Stage 2 classification purposes the Group applies both quantitative and the qualitative criteria including, but not limited to: \u2022 30 days past due (DPD) overdue. \u2022 Downgrade of the risk category of the borrower since initial recognition.
Default definition includes criteria such as: (i) 90 DPD overdue (ii) distressed restructuring and (iii) other criteria indicating the borrower\u2019s unlikeness to repay the liabilities. The Group incorporates forward looking information (FLI) for both individual and collective assessment. For FLI purposes the Group defines three scenarios, which are: \u2022 Baseline (most likely); \u2022 Upside (better than most likely); \u2022 Downside (worse than most likely). The Group derives the baseline macroeconomic scenario and considers projections from various external sources \u2013 the National Bank of Georgia, Ministry of Finance of Georgia, Central Bank of Uzbekistan, International Monetary Fund (\u201cIMF\u201d) as well as other International Financial Institutions (\u201cIFI\u201d) - to ensure the alignment to the market expectations. Refer to Note 37 for the description of how the Group incorporates FLI in ECL calculations. Upside and downside scenarios are defined based on the framework developed by the Bank\u2019s macroeconomic unit. The Group calculates expected impairment losses for each scenario. To come up with the final expected credit loss figures the bank applies probability weighted average approach where probabilities of each scenario are used as weights.
Write-offs. The loans are collectively assessed for write off based on overdue days criteria or are individually evaluated, depending on the loan segment and product type. Loans are written off when recovery is deemed highly unlikely. Retail and micro loans are written off after 1,080 days for collateralised loans and 180 days for non-collateralised loans. Corporate and MSME exposures are written off after a maximum of 1,460 days past due, subject to individual assessment. Financial assets- derecognition and modification. The Group derecognises financial assets when (a) the assets are redeemed or the rights to cash flows from the assets otherwise expired or (b) the Group has transferred the rights to the cash flows from the financial assets or entered into a qualifying pass-through arrangement while (i) also transferring substantially all risks and rewards of ownership of the assets or (ii) neither transferring nor retaining substantially all risks and rewards of ownership, but not retaining control. Control is retained if the counterparty does not have the practical ability to sell the asset in its entirety to an unrelated third party without needing to impose restrictions on the sale. The Group sometimes renegotiates or otherwise modifies the contractual terms of the financial assets. The Group assesses whether the modification of contractual cash flows is substantial, in which it considers certain qualitative and quantitative factors combined. Based on below shown internally developed methodology there are certain qualitative triggers which lead to asset derecognition with no further quantitative testing required. These qualitative criteria are included in the list below: \u2022 Change in contract currency; \u2022 Consolidation of two or more loans into one new loan; \u2022 Change in counterparty; \u2022 Loan with no predetermined payment schedule is changed with loan with schedule or vice versa; \u2022
The Group compares the original and revised expected cash flows to assets whether the risks and rewards of the asset are substantially different as a result of the contractual modification. It should be assessed whether change in contractual cash flow is significant (significance defined as 10% change). If the test result is above 10% threshold, loan should be derecognised, whereas if the test result is below or equal to 10%, financial asset can be assessed as modified. The Group recalculates the gross carrying amount by discounting the modified contractual cash flows by the original effective interest rate and recognises a modification gain or loss in profit or loss. Any costs or fees incurred adjust the carrying amount of the modified financial asset and are amortised over the remaining term of the modified financial asset.
Reverse repurchase receivables. Reverse repurchase receivables are accounted for as collateralized lending transactions with maturity more than three months. Under these arrangements, the Group provides funds to a counterparty and receives securities as collateral, which is not recognised on the balance sheet unless the risks and rewards of ownership are transferred. These types of receivables are classified as financial assets and measured at amortized cost. Due from other banks. Amounts due from other banks are recognised when the Group advances money to counterparty banks. Amounts due from other banks are carried at AC when: (i) they are held for the purposes of collecting contractual cash flows and those cash flows represent solely payments of principal and interest (\u201cSPPI\u201d), and (ii) they are not designated at fair value through profit or loss. Otherwise, they are carried at fair value fair value through profit or loss (FVTPL). Mandatory cash balances with the National Bank of Georgia. Mandatory cash balances with National Bank of Georgia are carried at AC and represent mandatory reserve deposits that are not available to finance the Group\u2019s day-to-day operations. Hence, they are not considered as part of cash and cash equivalents for the purposes of the consolidated statement of cash flows.
Loans and advances to customers. Loans and advances to customers are recorded when the Group advances money to purchase or originate a loan due from a customer. Impairment allowances are determined based on the ECL models. Note 37 provides information about inputs, assumptions and estimation techniques used in measuring ECL, including an explanation of how the Group incorporates forward-looking information in the ECL models.
Repossessed collateral. Repossessed collateral represents non-financial assets acquired by the Group to settle overdue loans. The assets are initially recognised at fair value when acquired and included in premises and equipment, investment property or repossessed collateral within other assets depending on their nature and the Group\u2019s intention in respect of recovery of these assets and are subsequently re-measured and accounted for in accordance with the accounting policies for these categories of assets. Repossessed assets are recorded at the lower of cost or net realisable value.
Finance lease receivables. Where the Group is a lessor in a lease that substantially transfers all risks and rewards incidental to ownership to the lessee, the assets leased out are presented as finance lease receivables and carried at the present value of the future lease payments. Finance lease receivables are initially recognised at commencement (when the lease term begins) using a discount rate determined at inception (the early date of the lease agreement and the date of commitment by the parties to the principal provisions of the lease). The difference between the gross receivable and the present value represents unearned finance income. This income is recognised over the term of the lease using the net investment method (before tax), which reflects a constant periodic rate of return. The interest income on stage 3 exposures is recognised on a carrying amount after deducting ECL. Incremental costs directly attributable to negotiating and arranging the lease are included in the initial measurement of the finance lease receivables and reduce the amount of income recognised over the lease term. Finance income from leases is recorded within interest income in the profit or loss.
Investments in debt securities. Based on the business model and the cash flow characteristics, the Group classifies investments in debt securities as carried at AC, FVTOCI or FVTPL. Debt securities are carried at AC if they are held for collection of contractual cash flows and where those cash flows represent SPPI, and if they are not voluntarily designated at FVTPL in order to significantly reduce an accounting mismatch. Debt securities are carried at FVTOCI if they are held for collection of contractual cash flows and for selling, where those cash flows represent SPPI, and if they are not designated at FVTPL. Interest income from these assets is calculated using the effective interest rate method and recognised in profit or loss. An impairment allowance estimated using the expected credit loss model is recognised in profit or loss for the year. All other changes in the carrying value are recognised in OCI. When the debt security is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from OCI to profit or loss.
Investments in equity securities. Financial assets that meet the definition of equity from the issuer\u2019s perspective - instruments that do not contain a contractual obligation to pay cash and that represent a residual interest in the issuer\u2019s net assets - are considered investments in equity securities by the Group. Investments in equity securities are measured at FVTPL, except where the Group elects at initial recognition to irrevocably designate an equity investment at FVTOCI. The Group\u2019s policy is to designate equity investments as FVTOCI when those investments are held for strategic purposes other than solely to generate investment returns. For FVTPL investments, fair value changes are recognised in profit or loss. For FVTOCI investments, fair value changes are recognised in other comprehensive income (OCI), with no reclassification to profit or loss upon disposal. Financial liabilities \u2013 measurement categories. Financial liabilities are classified and subsequently measured at AC, except for (i) financial liabilities at FVTPL: this classification is applied to derivatives, financial liabilities held for trading (e.g., short positions in securities), contingent consideration recognised by an acquirer in a business combination and other financial liabilities designated as such at initial recognition and (ii) financial guarantee contracts and loan
Debt securities in issue. Debt securities in issue include promissory notes, bonds, certificates of deposit and debentures issued by the Group. Debt securities are measured at AC. If the Group purchases its own debt securities in issue, they are removed from the consolidated statement of financial position and the difference between the carrying amount of the liability and the consideration paid is included in gains arising from retirement of debt. Additional tier 1 capital subordinated notes. The Group classifies Additional tier 1 (AT1) capital subordinated notes as financial liabilities measured at amortised cost using the effective interest rate method. Such instruments with perpetual maturity and discretionary coupon payments, may be written down, converted into equity, or otherwise modified under the resolution regime implemented by the National Bank of Georgia.
Customer accounts. Customer accounts are non-derivative financial liabilities to individuals, state or corporate customers and are carried at AC. Derivative financial instruments. Derivative financial instruments, including foreign exchange contracts, interest rate futures, forward rate agreements, currency and interest rate swaps, currency and interest rate options are recognised at their fair value. The Group also enters into offsetting deposits with its counterparty banks to exchange currencies. Such deposits, while legally separate, are aggregated and accounted for as a single derivative financial instrument (currency swap) on a net basis where (i) the deposits are entered into at the same time and in contemplation of one another, (ii) they have the same counterparty, (iii) they relate to the same risk and (iv) there is no apparent business purpose for structuring the transactions separately that could not also have been accomplished in a single transaction. All derivative instruments are carried as assets when fair value is positive and as liabilities when fair value is negative. When derivative instruments are entered into with a view to decrease cost of funding, the respective interest effect is separated from the fair value change and recognised within net interest income. Hedge accounting. The Group applies fair value hedge accounting, whereby the gains and losses on the hedging instruments are recognised in the income statement to offset the fair value adjustment recognised on the hedged item, while the cost of hedging arising from basis spread is recognised in other comprehensive income (OCI). If a hedge relationship no longer meets the criteria for hedge accounting, hedge accounting is discontinued and the cumulative adjustment to the carrying amount of a hedged item for which the effective interest rate method is used is amortised to the income statement on a recalculated effective interest rate, unless the hedged item has been derecognised, in which case it is recognised in the income statement immediately. Please refer to Note 32 for further explanation.
Financial assets \u2013 classification and subsequent measurement \u2013 measurement categories. The Group classifies financial assets in the following measurement categories: FVTPL, fair value through other comprehensive income (\u201cFVTOCI\u201d) and amortised cost (\u201cAC\u201d). The classification and subsequent measurement of debt financial assets depends on: (i) the Group\u2019s business model for managing the related assets portfolio and (ii) the cash flow characteristics of the asset. The line items Financial Assets and Financial Liabilities in the statement of financial position include those assets and liabilities that are in the scope of IFRS 17 for disclosure purposes. Financial assets impairment \u2013 expected credit loss (ECL) allowance. The Group assesses, on a forward-looking basis, the ECL for debt instruments measured at AC and FVTOCI and for the exposures arising from loan commitments and financial guarantee contracts. The Group measures expected credit loss (\u201cECL\u201d) and recognises credit loss allowance at each reporting date. The measurement of ECL reflects: (i) an unbiased and probability weighted amount that is determined by evaluating a range of possible outcomes, (ii) time value of money and (iii) all reasonable and supportable information that is available without undue cost and effort at the end of each reporting period about past events, current conditions and forecasts of future conditions.
The Group applies a three-stage model for impairment, based on changes in credit quality since initial recognition. The Group\u2019s definition of defaulted assets and definition of default is based on the occurrence of one or more loss events, described further in Note 37: \u2022 Stage 1: A financial instrument that is not defaulted on initial recognition is classified in Stage 1. Financial assets in Stage 1 have their ECL measured at an amount equal to the portion of lifetime ECL that results from default events possible within the next 12 months or until contractual maturity, if shorter (\u201c12 Months ECL\u201d); \u2022 Stage 2: If the Group identifies a significant increase in credit risk (\u201cSICR\u201d) since initial recognition, the asset is transferred to Stage 2 and its ECL is measured based on ECL on a lifetime basis (\u201cLifetime ECL\u201d). If a SICR is no longer observed, the instrument will move back to Stage 1. In case of loans previously having default flag, they are moved back from stage 2 to stage 1 with 6-month cure period, while restructured loans remain in stage 2 until the restructured status is removed. To remove restructured status, the borrower should make at least 12 consecutive payments, unless financial monitoring is performed. Refer to Note 37 for a description of how the Group determines, on a forward-looking basis, when a SICR has occurred. \u2022 Stage 3: Defaulted assets are transferred to Stage 3 and allowance for Lifetime ECL is recognised. Change in ECL is recognised in the statement of profit or loss with a corresponding allowance reported as a decrease in carrying value of the financial asset on the statement of financial position. For financial guarantees and credit commitments, provision for ECL is reported as a liability in Provisions for Liabilities and Charges. Finance lease receivables \u2013 expected credit loss (ECL) Allowance. The ECL is determined in the same way as for financial assets measured at AC and recognised through an allowance account to write down the receivables\u2019 net carrying amount to the present value of expected cash flows discounted at the interest rates implicit in the lease investments. There is a \u2018three stage\u2019 approach which is based on the change in credit quality of financial lease receivables since initial recognition. Immediate loss that is equal to the 12-month ECL is recorded on initial recognition of financial leases that are not defaulted. In case of a significant increase in credit risk, impairment is measured using lifetime ECL rather than 12-month ECL. The estimated future cash flows reflect the cash flows that may result from obtaining and selling the assets subject to the lease. The Group normally structures its finance lease contracts so that the lessee makes a minimum prepayment of 20% of the equipment purchase price at the inception of the lease term. The Group holds title to the leased assets during the lease term. The title to the asset under the finance lease contract is transferred to the lessee at the end of the contract\u2019s term, including full repayment of lease payments. Generally, the lease terms are up to five years. The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. \u2022 Third party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d). The Group classifies its portfolio into three stages. For stage 1 exposures the Group creates 12 months expected credit losses, whereas for stage 2 and stage 3 lifetime expected credit losses are created. For the Stage 2 classification purposes the Group applies both quantitative and the qualitative criteria including, but not limited to: \u2022 30 days past due (DPD) overdue. \u2022 Downgrade of the risk category of the borrower since initial recognition.
Default definition includes criteria such as: (i) 90 DPD overdue (ii) distressed restructuring and (iii) other criteria indicating the borrower\u2019s unlikeness to repay the liabilities. The Group incorporates forward looking information (FLI) for both individual and collective assessment. For FLI purposes the Group defines three scenarios, which are: \u2022 Baseline (most likely); \u2022 Upside (better than most likely); \u2022 Downside (worse than most likely). The Group derives the baseline macroeconomic scenario and considers projections from various external sources \u2013 the National Bank of Georgia, Ministry of Finance of Georgia, Central Bank of Uzbekistan, International Monetary Fund (\u201cIMF\u201d) as well as other International Financial Institutions (\u201cIFI\u201d) - to ensure the alignment to the market expectations. Refer to Note 37 for the description of how the Group incorporates FLI in ECL calculations. Upside and downside scenarios are defined based on the framework developed by the Bank\u2019s macroeconomic unit. The Group calculates expected impairment losses for each scenario. To come up with the final expected credit loss figures the bank applies probability weighted average approach where probabilities of each scenario are used as weights.
Write-offs. The loans are collectively assessed for write off based on overdue days criteria or are individually evaluated, depending on the loan segment and product type. Loans are written off when recovery is deemed highly unlikely. Retail and micro loans are written off after 1,080 days for collateralised loans and 180 days for non-collateralised loans. Corporate and MSME exposures are written off after a maximum of 1,460 days past due, subject to individual assessment. Financial assets- derecognition and modification. The Group derecognises financial assets when (a) the assets are redeemed or the rights to cash flows from the assets otherwise expired or (b) the Group has transferred the rights to the cash flows from the financial assets or entered into a qualifying pass-through arrangement while (i) also transferring substantially all risks and rewards of ownership of the assets or (ii) neither transferring nor retaining substantially all risks and rewards of ownership, but not retaining control. Control is retained if the counterparty does not have the practical ability to sell the asset in its entirety to an unrelated third party without needing to impose restrictions on the sale. The Group sometimes renegotiates or otherwise modifies the contractual terms of the financial assets. The Group assesses whether the modification of contractual cash flows is substantial, in which it considers certain qualitative and quantitative factors combined. Based on below shown internally developed methodology there are certain qualitative triggers which lead to asset derecognition with no further quantitative testing required. These qualitative criteria are included in the list below: \u2022 Change in contract currency; \u2022 Consolidation of two or more loans into one new loan; \u2022 Change in counterparty; \u2022 Loan with no predetermined payment schedule is changed with loan with schedule or vice versa; \u2022
Change in contractual interest rate due to market environment changes.
The Group compares the original and revised expected cash flows to assets whether the risks and rewards of the asset are substantially different as a result of the contractual modification. It should be assessed whether change in contractual cash flow is significant (significance defined as 10% change). If the test result is above 10% threshold, loan should be derecognised, whereas if the test result is below or equal to 10%, financial asset can be assessed as modified. The Group recalculates the gross carrying amount by discounting the modified contractual cash flows by the original effective interest rate and recognises a modification gain or loss in profit or loss. Any costs or fees incurred adjust the carrying amount of the modified financial asset and are amortised over the remaining term of the modified financial asset.
Reverse repurchase receivables. Reverse repurchase receivables are accounted for as collateralized lending transactions with maturity more than three months. Under these arrangements, the Group provides funds to a counterparty and receives securities as collateral, which is not recognised on the balance sheet unless the risks and rewards of ownership are transferred. These types of receivables are classified as financial assets and measured at amortized cost. Due from other banks. Amounts due from other banks are recognised when the Group advances money to counterparty banks. Amounts due from other banks are carried at AC when: (i) they are held for the purposes of collecting contractual cash flows and those cash flows represent solely payments of principal and interest (\u201cSPPI\u201d), and (ii) they are not designated at fair value through profit or loss. Otherwise, they are carried at fair value fair value through profit or loss (FVTPL). Loans and advances to customers. Loans and advances to customers are recorded when the Group advances money to purchase or originate a loan due from a customer. Impairment allowances are determined based on the ECL models. Note 37 provides information about inputs, assumptions and estimation techniques used in measuring ECL, including an explanation of how the Group incorporates forward-looking information in the ECL models.
Finance lease receivables. Where the Group is a lessor in a lease that substantially transfers all risks and rewards incidental to ownership to the lessee, the assets leased out are presented as finance lease receivables and carried at the present value of the future lease payments. Finance lease receivables are initially recognised at commencement (when the lease term begins) using a discount rate determined at inception (the early date of the lease agreement and the date of commitment by the parties to the principal provisions of the lease). The difference between the gross receivable and the present value represents unearned finance income. This income is recognised over the term of the lease using the net investment method (before tax), which reflects a constant periodic rate of return. The interest income on stage 3 exposures is recognised on a carrying amount after deducting ECL. Incremental costs directly attributable to negotiating and arranging the lease are included in the initial measurement of the finance lease receivables and reduce the amount of income recognised over the lease term. Finance income from leases is recorded within interest income in the profit or loss.
Investments in debt securities. Based on the business model and the cash flow characteristics, the Group classifies investments in debt securities as carried at AC, FVTOCI or FVTPL. Debt securities are carried at AC if they are held for collection of contractual cash flows and where those cash flows represent SPPI, and if they are not voluntarily designated at FVTPL in order to significantly reduce an accounting mismatch. Debt securities are carried at FVTOCI if they are held for collection of contractual cash flows and for selling, where those cash flows represent SPPI, and if they are not designated at FVTPL. Interest income from these assets is calculated using the effective interest rate method and recognised in profit or loss. An impairment allowance estimated using the expected credit loss model is recognised in profit or loss for the year. All other changes in the carrying value are recognised in OCI. When the debt security is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from OCI to profit or loss.
Investments in equity securities. Financial assets that meet the definition of equity from the issuer\u2019s perspective - instruments that do not contain a contractual obligation to pay cash and that represent a residual interest in the issuer\u2019s net assets - are considered investments in equity securities by the Group. Investments in equity securities are measured at FVTPL, except where the Group elects at initial recognition to irrevocably designate an equity investment at FVTOCI. The Group\u2019s policy is to designate equity investments as FVTOCI when those investments are held for strategic purposes other than solely to generate investment returns. For FVTPL investments, fair value changes are recognised in profit or loss. For FVTOCI investments, fair value changes are recognised in other comprehensive income (OCI), with no reclassification to profit or loss upon disposal. Financial assets impairment \u2013 expected credit loss (ECL) allowance. The Group assesses, on a forward-looking basis, the ECL for debt instruments measured at AC and FVTOCI and for the exposures arising from loan commitments and financial guarantee contracts. The Group measures expected credit loss (\u201cECL\u201d) and recognises credit loss allowance at each reporting date. The measurement of ECL reflects: (i) an unbiased and probability weighted amount that is determined by evaluating a range of possible outcomes, (ii) time value of money and (iii) all reasonable and supportable information that is available without undue cost and effort at the end of each reporting period about past events, current conditions and forecasts of future conditions.
The Group applies a three-stage model for impairment, based on changes in credit quality since initial recognition. The Group\u2019s definition of defaulted assets and definition of default is based on the occurrence of one or more loss events, described further in Note 37: \u2022 Stage 1: A financial instrument that is not defaulted on initial recognition is classified in Stage 1. Financial assets in Stage 1 have their ECL measured at an amount equal to the portion of lifetime ECL that results from default events possible within the next 12 months or until contractual maturity, if shorter (\u201c12 Months ECL\u201d); \u2022 Stage 2: If the Group identifies a significant increase in credit risk (\u201cSICR\u201d) since initial recognition, the asset is transferred to Stage 2 and its ECL is measured based on ECL on a lifetime basis (\u201cLifetime ECL\u201d). If a SICR is no longer observed, the instrument will move back to Stage 1. In case of loans previously having default flag, they are moved back from stage 2 to stage 1 with 6-month cure period, while restructured loans remain in stage 2 until the restructured status is removed. To remove restructured status, the borrower should make at least 12 consecutive payments, unless financial monitoring is performed. Refer to Note 37 for a description of how the Group determines, on a forward-looking basis, when a SICR has occurred. \u2022 Stage 3: Defaulted assets are transferred to Stage 3 and allowance for Lifetime ECL is recognised. Change in ECL is recognised in the statement of profit or loss with a corresponding allowance reported as a decrease in carrying value of the financial asset on the statement of financial position. For financial guarantees and credit commitments, provision for ECL is reported as a liability in Provisions for Liabilities and Charges. Finance lease receivables \u2013 expected credit loss (ECL) Allowance. The ECL is determined in the same way as for financial assets measured at AC and recognised through an allowance account to write down the receivables\u2019 net carrying amount to the present value of expected cash flows discounted at the interest rates implicit in the lease investments. There is a \u2018three stage\u2019 approach which is based on the change in credit quality of financial lease receivables since initial recognition. Immediate loss that is equal to the 12-month ECL is recorded on initial recognition of financial leases that are not defaulted. In case of a significant increase in credit risk, impairment is measured using lifetime ECL rather than 12-month ECL. The estimated future cash flows reflect the cash flows that may result from obtaining and selling the assets subject to the lease. The Group normally structures its finance lease contracts so that the lessee makes a minimum prepayment of 20% of the equipment purchase price at the inception of the lease term. The Group holds title to the leased assets during the lease term. The title to the asset under the finance lease contract is transferred to the lessee at the end of the contract\u2019s term, including full repayment of lease payments. Generally, the lease terms are up to five years. The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. \u2022 Third party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d). The Group classifies its portfolio into three stages. For stage 1 exposures the Group creates 12 months expected credit losses, whereas for stage 2 and stage 3 lifetime expected credit losses are created. For the Stage 2 classification purposes the Group applies both quantitative and the qualitative criteria including, but not limited to: \u2022 30 days past due (DPD) overdue. \u2022 Downgrade of the risk category of the borrower since initial recognition.
Default definition includes criteria such as: (i) 90 DPD overdue (ii) distressed restructuring and (iii) other criteria indicating the borrower\u2019s unlikeness to repay the liabilities. The Group incorporates forward looking information (FLI) for both individual and collective assessment. For FLI purposes the Group defines three scenarios, which are: \u2022 Baseline (most likely); \u2022 Upside (better than most likely); \u2022 Downside (worse than most likely). The Group derives the baseline macroeconomic scenario and considers projections from various external sources \u2013 the National Bank of Georgia, Ministry of Finance of Georgia, Central Bank of Uzbekistan, International Monetary Fund (\u201cIMF\u201d) as well as other International Financial Institutions (\u201cIFI\u201d) - to ensure the alignment to the market expectations. Refer to Note 37 for the description of how the Group incorporates FLI in ECL calculations. Upside and downside scenarios are defined based on the framework developed by the Bank\u2019s macroeconomic unit. The Group calculates expected impairment losses for each scenario. To come up with the final expected credit loss figures the bank applies probability weighted average approach where probabilities of each scenario are used as weights.
Write-offs. The loans are collectively assessed for write off based on overdue days criteria or are individually evaluated, depending on the loan segment and product type. Loans are written off when recovery is deemed highly unlikely. Retail and micro loans are written off after 1,080 days for collateralised loans and 180 days for non-collateralised loans. Corporate and MSME exposures are written off after a maximum of 1,460 days past due, subject to individual assessment. Judgements and estimates related to ECL measurement. Measurement of ECLs is a significant estimate that involves determination of methodology, development of models and preparation of data inputs. Expert management judgement is also an essential part of estimating expected credit losses. Management applies significant judgements and estimates in calculating ECL, including the following: Judgements used to define criteria used in definition of default. The Group defines default using both quantitative and qualitative criteria. Borrower is classified as defaulted if: \u2022 any amounts of contractual repayments are past due more than 90 days, or \u2022 factors indicating the borrower\u2019s unlikeliness-to-pay becomes present. Unlikeliness to repay is assessed using qualitative and quantitative criteria based on clients monitoring/financial stability. In addition, default exit criteria are defined using judgement as well as whether default should be applied on a borrower or exposure level. For more details on the methodology of the Bank please see Note 37. Judgements used to define criteria for assessing if there has been a significant increase in credit risk (SICR) which is defined using both quantitative and qualitative criteria. Qualitative factors usually include judgements around delinquency period of more than 30 days on contractual repayments; exposure is restructured but is not defaulted; borrower is classified as \u201cwatch\u201d. The Bank evaluates the change in the probability of default parameter for each specific exposure on a quantitative basis, comparing it to a predefined threshold since its initial recognition. When the absolute relative change in the probability of default surpasses the specified threshold, it is considered a Significant Increase in Credit Risk (SICR), leading to the transfer of the exposure to Stage 2. Apart from statistical thresholds, this year the Bank incorporated an additional condition to the existing PD-based SICR criterion, referred to as the PD Backstop. The PD Backstop represents the highest Risk Group (Rating) up to which there is strong and undisputed evidence that the level of default risk is not materially different.
The quantitative indicator for SICR is utilised in retail and micro segments, provided there is a substantial number of observations for accurate assessment. Estimations used for calculation of credit risk parameters namely probability of default (PD) and loss given default (LGD). The judgements include and are not limited by: (i) definition of the segmentation for risk parameters estimation purposes, (ii) decision whether simplified or more complex models can be used, (iii) time since default date after which no material recoveries are expected, (iv) collateral haircuts from market value as well as the average workout period for collateral discounting. The table below describes sensitivity on 10% increase of PD and LGD estimates for the Bank. For sensitivity calculation purposes, the staging has been unchanged: In thousands of GEL 31 December 2025 31 December 2024 10% increase (decrease) in PD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 16,163 (GEL 16,164). Increase (decrease) credit loss allowance on loans and advances by GEL 16,425 (GEL 15,218). 10% increase (decrease) in LGD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 28,013 (GEL 30,580). Increase (decrease) credit loss allowance on loans and advances by GEL 25,351 (GEL 26,679). The table below describes sensitivity on 10% increase of PD and LGD estimates for UZ Bank. For sensitivity calculation purposes, the staging has been unchanged: In thousands of GEL 31 December 2025 31 December 2024 10% increase (decrease) in PD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 11,286 (GEL 11,287). Increase (decrease) credit loss allowance on loans and advances by GEL 5,813 (GEL 5,813). 10% increase (decrease) in LGD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 20,051 (GEL 20,053). Increase (decrease) credit loss allowance on loans and advances by GEL 8,184 (GEL 8,191).
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-620": {
"value": "Finance lease receivables \u2013 expected credit loss (ECL) Allowance. The ECL is determined in the same way as for financial assets measured at AC and recognised through an allowance account to write down the receivables\u2019 net carrying amount to the present value of expected cash flows discounted at the interest rates implicit in the lease investments. There is a \u2018three stage\u2019 approach which is based on the change in credit quality of financial lease receivables since initial recognition. Immediate loss that is equal to the 12-month ECL is recorded on initial recognition of financial leases that are not defaulted. In case of a significant increase in credit risk, impairment is measured using lifetime ECL rather than 12-month ECL. The estimated future cash flows reflect the cash flows that may result from obtaining and selling the assets subject to the lease. The Group normally structures its finance lease contracts so that the lessee makes a minimum prepayment of 20% of the equipment purchase price at the inception of the lease term. The Group holds title to the leased assets during the lease term. The title to the asset under the finance lease contract is transferred to the lessee at the end of the contract\u2019s term, including full repayment of lease payments. Generally, the lease terms are up to five years. The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. \u2022 Third party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d). The Group classifies its portfolio into three stages. For stage 1 exposures the Group creates 12 months expected credit losses, whereas for stage 2 and stage 3 lifetime expected credit losses are created. For the Stage 2 classification purposes the Group applies both quantitative and the qualitative criteria including, but not limited to: \u2022 30 days past due (DPD) overdue. \u2022 Downgrade of the risk category of the borrower since initial recognition.
Default definition includes criteria such as: (i) 90 DPD overdue (ii) distressed restructuring and (iii) other criteria indicating the borrower\u2019s unlikeness to repay the liabilities. The Group incorporates forward looking information (FLI) for both individual and collective assessment. For FLI purposes the Group defines three scenarios, which are: \u2022 Baseline (most likely); \u2022 Upside (better than most likely); \u2022 Downside (worse than most likely). The Group derives the baseline macroeconomic scenario and considers projections from various external sources \u2013 the National Bank of Georgia, Ministry of Finance of Georgia, Central Bank of Uzbekistan, International Monetary Fund (\u201cIMF\u201d) as well as other International Financial Institutions (\u201cIFI\u201d) - to ensure the alignment to the market expectations. Refer to Note 37 for the description of how the Group incorporates FLI in ECL calculations. Upside and downside scenarios are defined based on the framework developed by the Bank\u2019s macroeconomic unit. The Group calculates expected impairment losses for each scenario. To come up with the final expected credit loss figures the bank applies probability weighted average approach where probabilities of each scenario are used as weights.
Finance lease receivables. Where the Group is a lessor in a lease that substantially transfers all risks and rewards incidental to ownership to the lessee, the assets leased out are presented as finance lease receivables and carried at the present value of the future lease payments. Finance lease receivables are initially recognised at commencement (when the lease term begins) using a discount rate determined at inception (the early date of the lease agreement and the date of commitment by the parties to the principal provisions of the lease). The difference between the gross receivable and the present value represents unearned finance income. This income is recognised over the term of the lease using the net investment method (before tax), which reflects a constant periodic rate of return. The interest income on stage 3 exposures is recognised on a carrying amount after deducting ECL. Incremental costs directly attributable to negotiating and arranging the lease are included in the initial measurement of the finance lease receivables and reduce the amount of income recognised over the lease term. Finance income from leases is recorded within interest income in the profit or loss.
Accounting for leases by the Group as a lessee. The Group leases office, branches and service centre premises. Leases are recognised as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the Group. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is recognised at cost and depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis. Liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the following lease payments: \u2022 fixed payments (including in-substance fixed payments), less any lease incentives receivable; \u2022 variable lease payment that are based on an index or a rate; \u2022 amounts expected to be payable by the lessee under residual value guarantees; \u2022 the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and \u2022 payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.
The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee\u2019s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions. As an exception to the above, the Group accounts for short-term leases and leases of low value assets by recognising the lease payments as an operating expense on a straight-line basis. In determining the lease term, management of the Group considers all facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option. Extension options (or periods after 2. Material Accounting Policy Information termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated).
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-621": {
"value": "Financial assets- derecognition and modification. The Group derecognises financial assets when (a) the assets are redeemed or the rights to cash flows from the assets otherwise expired or (b) the Group has transferred the rights to the cash flows from the financial assets or entered into a qualifying pass-through arrangement while (i) also transferring substantially all risks and rewards of ownership of the assets or (ii) neither transferring nor retaining substantially all risks and rewards of ownership, but not retaining control. Control is retained if the counterparty does not have the practical ability to sell the asset in its entirety to an unrelated third party without needing to impose restrictions on the sale. The Group sometimes renegotiates or otherwise modifies the contractual terms of the financial assets. The Group assesses whether the modification of contractual cash flows is substantial, in which it considers certain qualitative and quantitative factors combined. Based on below shown internally developed methodology there are certain qualitative triggers which lead to asset derecognition with no further quantitative testing required. These qualitative criteria are included in the list below: \u2022 Change in contract currency; \u2022 Consolidation of two or more loans into one new loan; \u2022 Change in counterparty; \u2022 Loan with no predetermined payment schedule is changed with loan with schedule or vice versa; \u2022
Change in contractual interest rate due to market environment changes.
The Group compares the original and revised expected cash flows to assets whether the risks and rewards of the asset are substantially different as a result of the contractual modification. It should be assessed whether change in contractual cash flow is significant (significance defined as 10% change). If the test result is above 10% threshold, loan should be derecognised, whereas if the test result is below or equal to 10%, financial asset can be assessed as modified. The Group recalculates the gross carrying amount by discounting the modified contractual cash flows by the original effective interest rate and recognises a modification gain or loss in profit or loss. Any costs or fees incurred adjust the carrying amount of the modified financial asset and are amortised over the remaining term of the modified financial asset.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-622": {
"value": "Mandatory cash balances with the National Bank of Georgia. Mandatory cash balances with National Bank of Georgia are carried at AC and represent mandatory reserve deposits that are not available to finance the Group\u2019s day-to-day operations. Hence, they are not considered as part of cash and cash equivalents for the purposes of the consolidated statement of cash flows.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-623": {
"value": "Repossessed collateral. Repossessed collateral represents non-financial assets acquired by the Group to settle overdue loans. The assets are initially recognised at fair value when acquired and included in premises and equipment, investment property or repossessed collateral within other assets depending on their nature and the Group\u2019s intention in respect of recovery of these assets and are subsequently re-measured and accounted for in accordance with the accounting policies for these categories of assets. Repossessed assets are recorded at the lower of cost or net realisable value.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForCollateralExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-624": {
"value": "Investments in debt securities. Based on the business model and the cash flow characteristics, the Group classifies investments in debt securities as carried at AC, FVTOCI or FVTPL. Debt securities are carried at AC if they are held for collection of contractual cash flows and where those cash flows represent SPPI, and if they are not voluntarily designated at FVTPL in order to significantly reduce an accounting mismatch. Debt securities are carried at FVTOCI if they are held for collection of contractual cash flows and for selling, where those cash flows represent SPPI, and if they are not designated at FVTPL. Interest income from these assets is calculated using the effective interest rate method and recognised in profit or loss. An impairment allowance estimated using the expected credit loss model is recognised in profit or loss for the year. All other changes in the carrying value are recognised in OCI. When the debt security is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from OCI to profit or loss.
Investments in equity securities. Financial assets that meet the definition of equity from the issuer\u2019s perspective - instruments that do not contain a contractual obligation to pay cash and that represent a residual interest in the issuer\u2019s net assets - are considered investments in equity securities by the Group. Investments in equity securities are measured at FVTPL, except where the Group elects at initial recognition to irrevocably designate an equity investment at FVTOCI. The Group\u2019s policy is to designate equity investments as FVTOCI when those investments are held for strategic purposes other than solely to generate investment returns. For FVTPL investments, fair value changes are recognised in profit or loss. For FVTOCI investments, fair value changes are recognised in other comprehensive income (OCI), with no reclassification to profit or loss upon disposal. Investments in debt securities. Based on the business model and the cash flow characteristics, the Group classifies investments in debt securities as carried at AC, FVTOCI or FVTPL. Debt securities are carried at AC if they are held for collection of contractual cash flows and where those cash flows represent SPPI, and if they are not voluntarily designated at FVTPL in order to significantly reduce an accounting mismatch. Debt securities are carried at FVTOCI if they are held for collection of contractual cash flows and for selling, where those cash flows represent SPPI, and if they are not designated at FVTPL. Interest income from these assets is calculated using the effective interest rate method and recognised in profit or loss. An impairment allowance estimated using the expected credit loss model is recognised in profit or loss for the year. All other changes in the carrying value are recognised in OCI. When the debt security is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from OCI to profit or loss.
Debt securities in issue. Debt securities in issue include promissory notes, bonds, certificates of deposit and debentures issued by the Group. Debt securities are measured at AC. If the Group purchases its own debt securities in issue, they are removed from the consolidated statement of financial position and the difference between the carrying amount of the liability and the consideration paid is included in gains arising from retirement of debt. Additional tier 1 capital subordinated notes. The Group classifies Additional tier 1 (AT1) capital subordinated notes as financial liabilities measured at amortised cost using the effective interest rate method. Such instruments with perpetual maturity and discretionary coupon payments, may be written down, converted into equity, or otherwise modified under the resolution regime implemented by the National Bank of Georgia.
11. Investment Securities Investment securities comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624 Investment securities measured at fair value through Profit and loss 23,859 - Bonds carried at amortised cost 492,192 173,852 Total Investment Securities 6,251,550 5,538,476 Investment securities measured at fair value through other comprehensive income comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Corporate bonds Gross carrying amount 1,891,646 1,317,070 ECL (Stage 1) (576) (444) Fair value adjustment 1,043 (992) Corporate bonds measured at FVTOCI 1,892,113 1,315,634 Ministry of Finance of Georgia treasury bills Gross carrying amount 2,749,904 2,617,815 ECL (Stage 1) (2,499) (4,848) Fair value adjustment (16,873) 39,133 Ministry of Finance of Georgia treasury bills at FVTOCI 2,730,532 2,652,100 Certificates of Deposit of the NBG Gross carrying amount 9,890 - ECL (Stage 1) (2) - Fair value adjustment 5 - Certificates of Deposit of the NBG at FVTOCI 9,893 - Foreign government treasury bills Gross carrying amount 1,106,154 1,395,463 ECL (Stage 1) (107) (7) Fair value adjustment (4,243) 182 Foreign government treasury bills at FVTOCI 1,101,804 1,395,638 Total investment securities measured at fair value through other comprehensive income excluding corporate shares 5,734,342 5,363,372 Corporate shares \u2013 unquoted 1,157 1,252 Total investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624
All debt securities in 2025 and 2024 except for corporate bonds and foreign government treasury bills are issued by the Government of Georgia and National Bank of Georgia. Country rating for Georgia stands at \u2018BB\u2019 with stable outlook (as assigned by Fitch rating agency in November 2025). 82.7% of corporate bonds is issued by AAA rated international financial institutions, 7.2% of corporate bonds are issued by BBB rating and BB 10.1%. Information includes credit ratings assigned by the international rating agencies (Standard & Poor\u2019s, Fitch), for those financial institutions which are not assigned credit ratings, country ratings are used. The foreign government treasury bills include treasury bills issued by the Governments of the United States of America (76.4% of the total foreign government treasury bills in 2025 and 99.9% in 2024), Swiss Confederation (8.1% of the total foreign government treasury bills in 2025 and nil in 2024), Romania (6.9% of the total foreign government treasury bills in 2025 and nil in 2024) and Uzbekistan (0.1% of the total foreign government treasury bills in 2025 and 0.1% in 2024). The country ratings for the United States of America, Swiss Confederation, Romania and Uzbekistan, stand at \u2018AA+\u2019, \u2018AAA\u2019, \u2018BBB-\u2018 and \u2018BB\u2019 respectively as assigned by Fitch rating agency in 2025. The Group designated investments in corporate shares disclosed in the above table as equity securities at FVTOCI. The FVTOCI designation was made because the investments are expected to be held primarily for liquidity management or medium-term investment purposes instead of short-term profit making from subsequent sales. As at 31 December 2025 investment securities measured at fair value through other comprehensive income carried at GEL 1,218,669 thousand have been pledged for the borrowings from the National Bank of Georgia (2024: GEL 2,538,803 thousand). The investment securities measured at fair value through other comprehensive income are pledged under the monetary policy framework for the borrowings from the National Bank of Georgia. The pledged instruments are the treasury bills issued by the government of Georgia (GEL 1,218,669 thousand in 2025 and GEL 1,972,203 thousand in 2024) and corporate bonds ( nil in 2025 and GEL 566,600 thousand in 2024). The movements in investment securities measured at fair value through other comprehensive income are as follows: In thousands of GEL 2025 2024 Carrying amount as of 1 January 5,364,624 3,475,461 Purchases 5,071,473 7,349,079 Disposals (2,256,912) (715,242) Redemption at maturity (2,447,869) (4,699,257) Revaluation (56,928) 25,459 Interest income accrued 417,663 329,008 Interest income received (394,147) (289,436) Effect of translation to presentation currency (2,932) 30,764 Transfer from/(to) repurchase receivables 38,410 (140,058) Changes in credit loss allowance 2,117 (1,154) Carrying amount as of 31 December 5,735,499 5,364,624
Bonds carried at amortised cost, comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Central Bank of Uzbekistan bills 203,953 155,553 Ministry of Finance of Uzbekistan treasury bills 285,755 10,540 Corporate bonds 3,435 8,340 Total gross amount of bonds carried at amortised cost 493,143 174,433 Less: credit loss allowance by stages (951) (581) Stage 1 (951) (581) Total bonds carried at amortised cost 492,192 173,852 The Latest country rating for Uzbekistan stands at BB. The movements in bonds carried at amortised cost are as follows: In thousands of GEL 2025 2024 Carrying amount at 1 January 173,852 73,963 Purchases 464,479 207,731 Redemption at maturity (174,668) (117,511) Interest income accrued 41,158 15,657 Interest income received (24,324) (5,911) Effect of translation to presentation currency 12,065 406 Changes in credit loss allowance (370) (483) Carrying amount as of 31 December 492,192 173,852 For the fair value disclosure of the bonds carried at amortised cost refer to Note 42. An analysis on interest rate for bonds carried at amortised cost is disclosed in Note 37. As at 31 December 2025 none of the bonds carried at amortised cost have been pledged to local banks or financial
21. Debt Securities in Issue As of 31 December 2025, debt securities in issue comprised of: In thousands of GEL Currency Maturity date Coupon rate Weighted average effective interest rate Carrying amount USD 3/20/2026-12/23/2030 5.80%-8.25% 7.9% 470,600 GEL 3/20/2026-6/27/2026 3M TIBR + 2.75% 12.0% 90,997 UZS 12/25/2026-6/05/2028 19.00%-24.00% 23.3% 445,976 Total debt securities in issue 1,007,573 As of 31 December, 2024, debt securities in issue comprised of: In thousands of GEL Currency Maturity date Coupon rate Weighted average effective interest rate Carrying amount USD 3/20/2026-4/29/2030 7%-8.25% 8.2% 321,189 GEL 3/20/2026- 6/27/2026 3M TIBR + 2.75% 13.0% 90,058 UZS 11/29/2025 - 12/25/2026 24% 26.5% 36,817 Total debt securities in issue 448,064 As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC, debt securities in issue with a carrying amount of GEL 292,764 thousand were denominated in USD and GEL 405,933 thousand denominated in UZS (31 December 2024: GEL 303,674 thousand denominated in USD and nil in UZS). The terms and details of the issuance are provided below. On December 23 2025, JSC TBC Bank issued the USD 15,000,000, 5.80% senior Eurobond due on December 23 2030, that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value. On December 15 2025, TBC Leasing issued the USD 15,000,000, 7.25% bond due on December 15 2028, that will be redeemed at their principal amount. Interest on the Notes is payable quarterly. The issue price is 100% of nominal value. On December 12 2025, TBC Leasing issued the USD 30,000,000, 7.25% bond due on December 12 2028, that will be redeemed at their principal amount. Interest on the Notes is payable quarterly. The issue price is 100% of nominal value. On December 8 2025, JSCB TBC Bank issued the UZS 49,600,000, 19.00% bond due on December 8 2027, that will be redeemed at their principal amount. The issue price is 100% of nominal value.
On June 5 2025, TBC Bank Group PLC issued the USD 140,000,000, 22.00% synthetic bond due on June 5 2028, denominated in Uzbek sum and settled in U.S. dollars, that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value. On February 8 2024, TBC Bank Group PLC issued the USD 30,000,000, 7.25% senior unsecured Notes due on February 8 2027, that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value. On April 18 2024, TBC Bank Group PLC issued the USD 20,000,000, 8.25% senior unsecured Notes due on April 18 2027, that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value. On May 13 2024, TBC Bank Group PLC issued the USD 30,000,000, 7.50% senior unsecured Notes due on May 13 2026, that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value. On June 27 2024, TBC Bank Group PLC issued the USD 30,000,000, 7.50% senior unsecured Notes due on July 27, 2026 that will be redeemed at their principal amount. Interest on the Notes is payable semi-annually. The issue price is 100% of nominal value.
25. Additional Tier 1 Capital Subordinated Notes As at 31 December 2025, additional Tier 1 capital subordinated notes, comprised of: In thousands of GEL Currency Coupon rate Weighted average effective interest rate Carrying amount USD 8.9%-10.3% 10.6% 1,020,473 Total additional Tier 1 capital subordinated notes 1,020,473 As at 31 December 2024, additional Tier 1 capital subordinated notes, comprised of: In thousands of GEL Currency Coupon rate Weighted average effective interest rate Carrying amount USD 8.9%-10.3% 10.6% 1,062,119 Total additional Tier 1 capital subordinated notes 1,062,119 On April 23 2024, JSC TBC Bank successfully issued USD 300 million, 10.25% coupon rate, perpetual subordinated callable additional Tier 1 capital notes. The Notes were listed on Euronext Dublin's Global Exchange Market and rated B2 by Moody's.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-626": {
"value": "Financial liabilities \u2013 measurement categories. Financial liabilities are classified and subsequently measured at AC, except for (i) financial liabilities at FVTPL: this classification is applied to derivatives, financial liabilities held for trading (e.g., short positions in securities), contingent consideration recognised by an acquirer in a business combination and other financial liabilities designated as such at initial recognition and (ii) financial guarantee contracts and loan
commitments.
Debt securities in issue. Debt securities in issue include promissory notes, bonds, certificates of deposit and debentures issued by the Group. Debt securities are measured at AC. If the Group purchases its own debt securities in issue, they are removed from the consolidated statement of financial position and the difference between the carrying amount of the liability and the consideration paid is included in gains arising from retirement of debt. Additional tier 1 capital subordinated notes. The Group classifies Additional tier 1 (AT1) capital subordinated notes as financial liabilities measured at amortised cost using the effective interest rate method. Such instruments with perpetual maturity and discretionary coupon payments, may be written down, converted into equity, or otherwise modified under the resolution regime implemented by the National Bank of Georgia.
Customer accounts. Customer accounts are non-derivative financial liabilities to individuals, state or corporate customers and are carried at AC. Derivative financial instruments. Derivative financial instruments, including foreign exchange contracts, interest rate futures, forward rate agreements, currency and interest rate swaps, currency and interest rate options are recognised at their fair value. The Group also enters into offsetting deposits with its counterparty banks to exchange currencies. Such deposits, while legally separate, are aggregated and accounted for as a single derivative financial instrument (currency swap) on a net basis where (i) the deposits are entered into at the same time and in contemplation of one another, (ii) they have the same counterparty, (iii) they relate to the same risk and (iv) there is no apparent business purpose for structuring the transactions separately that could not also have been accomplished in a single transaction. All derivative instruments are carried as assets when fair value is positive and as liabilities when fair value is negative. When derivative instruments are entered into with a view to decrease cost of funding, the respective interest effect is separated from the fair value change and recognised within net interest income. Hedge accounting. The Group applies fair value hedge accounting, whereby the gains and losses on the hedging instruments are recognised in the income statement to offset the fair value adjustment recognised on the hedged item, while the cost of hedging arising from basis spread is recognised in other comprehensive income (OCI). If a hedge relationship no longer meets the criteria for hedge accounting, hedge accounting is discontinued and the cumulative adjustment to the carrying amount of a hedged item for which the effective interest rate method is used is amortised to the income statement on a recalculated effective interest rate, unless the hedged item has been derecognised, in which case it is recognised in the income statement immediately. Please refer to Note 32 for further explanation.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-628": {
"value": "Insurance contracts Scope. IFRS 17 applied to the following contracts for the Group: (a) insurance contracts issued by the Group, (b) reinsurance contracts held by the Group. IFRS 17 applies to the whole set of rights and obligations created by an insurance contract. Cash flows generated by such rights and obligations are incorporated in the measurement of assets and liabilities associated with an insurance contract. However, an insurance contract may also contain components which are excluded from the scope of IFRS 17 and are accounted for under different standards, subject to specific criteria: (a) embedded derivatives, (b) investment components, (c) promises to transfer to a policyholder distinct goods or services other than insurance contract services. The Group has certain loans where borrowers are required to conclude life insurance contracts to secure the loan repayment upon death. The Group has considered how this arrangement should be accounted for when the insurance contract is issued by the Group subsidiary. In terms of the legislation, borrowers may choose between several unrelated insurance companies apart from the Group subsidiary and they may also change the insurer at any time during the term of the loan. Accordingly, the Group concluded that the loan and the related insurance policy represent two separate contracts: loans are accounted for under IFRS 9 and life insurance contracts are accounted for under IFRS 17. Level of aggregation. The Group identifies portfolios of insurance contracts. A portfolio of insurance contracts is defined as insurance contracts that are subject to similar risks and managed together. Portfolios are further disaggregated into profitability-based groups of insurance contracts that are, on initial recognition: (a) onerous, if any, (b) profitable, with no significant possibility of subsequently becoming onerous, if any, and (c) remaining contracts, if any. According to IFRS 17, groups cannot contain contracts that are written more than one year apart, a requirement commonly referred to as annual cohort requirement. Contract boundary. The contract boundary concept is used to determine which cash flows are considered in the measurement of an insurance contract. Cash flows that are not within the boundary of an insurance contract relate to future insurance contracts. The Group generally determines the contract boundary with a reference to its ability to reprice the insurance contract as a whole. Expected future cash flows. Included in the measurement of each group of contracts within the scope of IFRS 17 are all the future cash flows within the boundary of each group of contracts. The estimates of these future cash flows are based on probability-weighted expected future cash flows. The Group estimates which cash flows are expected and the probability that they will occur as at the measurement date. In making these expectations, the Group uses information about past events, current conditions, and forecasts of future conditions. Where estimates of expenses-related cash flows are determined at the portfolio level or higher, they are allocated to groups of contracts on a systematic basis, such as activity-based costing method. The Group has determined that this method results in a systematic and rational allocation. Similar methods are consistently applied to allocate expenses of a similar nature. Expenses of an administrative policy maintenance nature are allocated to groups of contracts based on the gross earned premium of groups.
Risk adjustment for non-financial risk. The risk adjustment for non-financial risk is included in the expected cash flows to represent compensation required for bearing the non-financial risk arising from uncertainty in future cash flows. Under IFRS 17 requirements, the risk adjustment for non-financial risk includes: (a) the degree of diversification benefit that the entity includes when determining the compensation that it requires for bearing that risk, and (b) both favourable and unfavourable outcomes in a way that reflects the entity\u2019s degree of risk aversion. Contractual service margin. The contractual service margin (CSM) is a component of the carrying amount of the asset or liability for a group of insurance contracts representing the unearned profit that the entity will recognise as it provides insurance contract services under the insurance contracts in the group. Pattern of CSM recognition would be thus determined based on the coverage units, reflecting the pattern under which the insurance contract service benefit is transferred to the policyholder of the insurance contracts. Insurance contract services are the services that the Group provides to a policyholder of an insurance contract and comprise of coverage for an insurance event. Considering the short-term nature of the Group\u2019s insurance contracts and the insurance coverage that is evenly distributed over time, the Group uses contract period as a coverage unit for each portfolio. Premium allocation approach. This approach is applied to all insurance contracts, unless they have direct participation features or the contract is eligible for, and the entity elects to apply, the premium allocation approach. The Group elected to apply premium allocation approach. The Group uses Premium allocation approach (PAA) for its total portfolio as the coverage period of each contract in the group (including coverage arising from all premiums within the contract boundary determined at inception date is one year or less. The Group does not use variable fee approach for any of its contracts. Insurance finance income and expenses. Insurance finance income or expenses reflect the changes in the carrying amount of the group of insurance contracts that relate to financial risks. They comprise the effect of the time value of money (that is, the accretion of interest on all of the fulfilment cash flows, the risk adjustment for non-financial risk and the contractual service margin) as well as the effect of financial risk and changes in financial risks. The Group\u2019s policy is to account for the total insurance finance income and expenses in the statement of profit or loss. Reinsurance contracts held. The Group elected to present a single net amount in net expenses for reinsurance contracts held.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-629": {
"value": "Reinsurance contracts held. The Group elected to present a single net amount in net expenses for reinsurance contracts held.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForReinsuranceExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-630": {
"value": "Premises and equipment. Premises and equipment are stated at cost, less accumulated depreciation and provision for impairment, where applicable. Cost of premises and equipment of acquired subsidiaries is the estimated fair value at the date of acquisition. At the end of each reporting period management assesses whether there is any indication of impairment of premises and equipment. If any such indication exists, management estimates the recoverable amount to determine whether an
impairment loss should be recognised. Premises and equipment. Premises and equipment are stated at cost, less accumulated depreciation and provision for impairment, where applicable. Cost of premises and equipment of acquired subsidiaries is the estimated fair value at the date of acquisition. At the end of each reporting period management assesses whether there is any indication of impairment of premises and equipment. If any such indication exists, management estimates the recoverable amount to determine whether an
impairment loss should be recognisedDepreciation and amortisation. Land and construction in progress are not depreciated. Depreciation on other items of premises and equipment and right-of-use assets and amortisation of intangible assets are calculated using the straight- line method to allocate their cost less their residual values over their estimated useful lives as follows: Asset Useful life Premises 40 \u2013 110 years Furniture and fixtures 5 \u2013 8 years Computers and office equipment 3 \u2013 8 years Other equipment 2 \u2013 10 years Right of use assets Term of the underlying lease Intangible assets 1 \u2013 20 years The residual value of an asset is nil if the Group expects to use the asset until the end of its physical life. The assets\u2019 residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-632": {
"value": "Intangible assets. Intangible assets, other than goodwill, have definite useful lives and primarily comprise capitalised computer software, accounted for using the cost model. Acquired software licences are capitalised based on acquisition and implementation costs, while directly attributable development costs are capitalised if future economic benefits are probable. Capitalised costs include staff and direct overheads, whereas maintenance costs are expensed as incurred.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-633": {
"value": "Depreciation and amortisation. Land and construction in progress are not depreciated. Depreciation on other items of premises and equipment and right-of-use assets and amortisation of intangible assets are calculated using the straight- line method to allocate their cost less their residual values over their estimated useful lives as follows: Asset Useful life Premises 40 \u2013 110 years Furniture and fixtures 5 \u2013 8 years Computers and office equipment 3 \u2013 8 years Other equipment 2 \u2013 10 years Right of use assets Term of the underlying lease Intangible assets 1 \u2013 20 years The residual value of an asset is nil if the Group expects to use the asset until the end of its physical life. The assets\u2019 residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.
Investment property. Investment property is stated at cost less accumulated depreciation and provision for impairment, where applicable. It is amortised on a straight-line basis over an expected useful life of 30 to 50 years. Land included in investment property is not depreciated. Residual values of investment properties are estimated to be nil. In case of any indication that the investment properties may be impaired, the Group estimates the recoverable amount as the higher of value in use and fair value less costs to sell. Earned rental income is recorded in profit or loss for the year within other operating income.
Investment property. Investment property is stated at cost less accumulated depreciation and provision for impairment, where applicable. It is amortised on a straight-line basis over an expected useful life of 30 to 50 years. Land included in investment property is not depreciated. Residual values of investment properties are estimated to be nil. In case of any indication that the investment properties may be impaired, the Group estimates the recoverable amount as the higher of value in use and fair value less costs to sell. Earned rental income is recorded in profit or loss for the year within other operating income.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-635": {
"value": "Income taxes. Income taxes are recognised in the consolidated financial statements in accordance with the legislation enacted or substantively enacted by the end of reporting period in the respective territories that the company and its subsidiaries operate. The income tax charge/credit comprises of current tax and deferred tax and is recognised in profit or loss except if it is recognised directly in other comprehensive income because it relates to transactions that are also recognised, in the same or a different period, directly in other comprehensive income. Current tax is the amount expected-to-be-paid to or recovered from the tax authorities in respect of taxable profits or losses for the current and prior periods. Taxable profits or losses are based on estimates if consolidated financial statements are authorised prior to filing relevant tax returns. Taxes, other than on income, are recorded within administrative and other operating expenses. Deferred income tax is provided using the balance sheet liability method for tax loss carry forwards and temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax balances are measured at tax rates enacted or substantively enacted at the end of reporting period that are expected to apply to the extent of time when the temporary differences will reverse or the tax loss carry forwards will be utilised. Deferred income tax is provided on post-acquisition retained earnings of subsidiaries, except where the Group controls the subsidiary\u2019s dividend policy and it is probable that the difference will not reverse through dividends or otherwise in the foreseeable future.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-636": {
"value": "Deferred income tax is provided using the balance sheet liability method for tax loss carry forwards and temporary differences arising between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax balances are measured at tax rates enacted or substantively enacted at the end of reporting period that are expected to apply to the extent of time when the temporary differences will reverse or the tax loss carry forwards will be utilised. Deferred income tax is provided on post-acquisition retained earnings of subsidiaries, except where the Group controls the subsidiary\u2019s dividend policy and it is probable that the difference will not reverse through dividends or otherwise in the foreseeable future.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-637": {
"value": "Share capital. Ordinary shares with discretionary dividends are classified as equity. Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. Any excess of the fair value of consideration received over the par value of shares issued is recorded as share premium in equity.
Scrip dividends. The scrip dividend programme enables shareholders, if they wish, to receive new fully paid ordinary shares in the Company instead of cash dividends. In such cases the Company issues new ordinary shares. Upon distribution, the Group increases its equity by the amount of scrip dividends, transferring from dividends payable liability
to the share capital and share premium accounts to reflect the issuance of new shares.
Dividends. Dividends are recorded in equity in the period in which they are declared. Any dividends declared after the end of the reporting period and before the consolidated financial statements are authorised for issue, are disclosed in the subsequent events note.
Scrip dividends. The scrip dividend programme enables shareholders, if they wish, to receive new fully paid ordinary shares in the Company instead of cash dividends. In such cases the Company issues new ordinary shares. Upon distribution, the Group increases its equity by the amount of scrip dividends, transferring from dividends payable liability
to the share capital and share premium accounts to reflect the issuance of new shares.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-639": {
"value": "Income and expense recognition. Interest income and expense are recorded for all debt instruments, other than those at FVTPL, using the effective interest rate method. As part of interest income or expense this method defers all fees paid or received between the parties to the contract that are an integral part of the effective interest rate, transaction costs and all other premiums or discounts. The Group does not have interest income on debt instruments at FVTPL. Fees integral to the effective interest rate include origination fees received or paid by the entity relating to the creation or acquisition of a financial asset or issuance of a financial liability, for example fees for evaluating creditworthiness, evaluating and recording guarantees or collateral, negotiating the terms of the instrument and for processing transaction documents. Commitment fees received by the Group to originate loans at market interest rates are integral to the effective interest rate if it is probable that the Group will enter into a specific lending arrangement and does not expect to sell the resulting loan shortly after origination. The Group does not designate loan commitments as financial liabilities at FVTPL.
Interest income is calculated by applying the effective interest rate to the gross carrying amount of financial assets, except for (i) financial assets that have become defaulted (Stage 3), for which interest income is calculated by applying the effective interest rate to their AC, net of the ECL provision, and (ii) financial assets that are purchased or originated defaulted, for which the original credit-adjusted effective interest rate is applied to the AC. All other fees, commissions, and other income and expense items are generally recorded when earned, either at a point in time upon completion of the transaction or over time based on the proportion of services provided relative to total services under the contract. For cross currency basis swaps interest component calculation, notional amount is multiplied by contractual interest rate for respective period. While making allocation of an interest income/(expense) from foreign exchange (FX) Swaps transactions, annualized spread earned interest income/(expense) is calculated and distributed linearly throughout the lifetime of the contract.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-640": {
"value": "Fee and commission income. Fee and commission income is recognised over time on a straight-line basis as the services are rendered, when the customer simultaneously receives and consumes the benefits provided by the Group\u2019s performance. Such income includes recurring fees for account maintenance, account servicing fees, account subscription fees, annual plastic card fees etc. Variable fees are recognised only to the extent that management determines that it is highly probable that a significant reversal will not occur. Other fee and commission income is recognised at a point in time when the Group satisfies its performance obligation, usually upon execution of the underlying transaction. The amount of fee or commission received or receivable represents the transaction price for the services identified as distinct performance obligations. Such income includes fees for arranging a sale or purchase of foreign currencies on behalf of a customer, fees for processing payment
transactions, plastic card transactions, merchant fees, fees for cash settlements, collection or cash disbursements, etc",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-641": {
"value": "Foreign currency translation. The Group\u2019s presentation currency is the Georgian Lari. TBCG\u2019s and the Bank\u2019s presentation currency is the Georgian Lari. The functional currency of each of the Group\u2019s consolidated entities is the currency of the primary economic environment in which the entity operates. Transactions in foreign currencies are initially recorded in the functional currency, converted at the rate of exchange ruling at the date of the transaction. The results and financial position of each group entity (the functional currency of none of which is a currency of a hyperinflationary economy) are translated into the presentation currency as follows: (i) Assets and liabilities for each statement of financial position presented are translated at the closing rate at the end of the respective reporting period; (ii) Income and expenses are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions); (iii) Components of equity are translated at the historic rate; and (iv) All resulting exchange differences are recognised in other comprehensive income. After losing control over a foreign operation, the exchange differences previously recognised in other comprehensive income are reclassified to profit or loss for the year as part of the gain or loss on disposal. On partial disposal of a subsidiary without loss of control, the related portion of accumulated currency translation differences is reclassified to non-controlling interest within equity.
Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing rate. The closing rates of exchange used for translating foreign currency balances for the years 2025 and 2024 were as follows: 31 December 2025 31 December 2024 EUR/GEL 3.1737 2.9306 GBP/GEL 3.6446 3.5349 USD/GEL 2.6951 2.8068 UZS 1,000/GEL 0.2242 0.2177
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-642": {
"value": "Staff costs and related contributions. Wages, salaries, paid annual leave and sick leave, bonuses, and non-monetary benefits as well as the cash settled part of the share-based payment schemes are accrued in the year in which the associated services are rendered by the Group\u2019s employees.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-643": {
"value": "Earnings per share. Basic earnings/(loss) per share (\u201cEPS\u201d) are calculated by dividing the profit or loss attributable to ordinary equity holders of the Parent by the weighted average number of ordinary shares in issue during the year, excluding treasury shares. Diluted earnings per share. Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares. In calculating diluted EPS, non-vested ordinary shares are treated as outstanding on the grant date.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-644": {
"value": "Segment reporting. Operating segments are reported in a manner consistent with the internal reporting provided to the Group\u2019s chief operating decision maker. Segments whose revenue, result or assets are ten percent or more of all the
segments are reported separately",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-645": {
"value": "Share based payments. Under the share-based compensation plan the Group receives services from management as consideration for equity instruments of the Company. The fair value of the employee services received in exchange for the grant of the equity instruments is recognised as an expense. The total amount to be expensed is determined by the reference to the fair value of the equity instruments granted, excluding the impact of any non-market service and performance vesting conditions. Non-market vesting conditions are included in the assumptions about the number of equity instruments that are expected to vest. The total amount expensed is recognised over the vesting period, which is the period over which all the specified vesting conditions are to be satisfied. At each balance sheet date, the Group revises its estimates of the number of equity instruments that are expected to vest based on the non-market vesting conditions. It recognises the impact of the revision of original estimates, if any, in profit or loss, with a corresponding adjustment to equity. Increase in equity on accrued shares resulting from the equity settled scheme is accounted for under share-based payment reserve. Upon award of shares to the scheme participants, respective share-based payment reserve is transferred to share capital and share premium in case shares are issued on the market. When shares are repurchased from market initially and held via employee benefit trust, these shares are presented as treasury shares under shares held by trust category in the Statement of Financial Position until they are awarded to participants. When an award takes place, treasury shares amount is credited with corresponding debit recognised in share-based payment reserve. When portions of a single grant vest on two or more dates the entity applies graded vesting for accounting of share-based payment arrangement. Vesting period of each tranche of the grant ends when the employee owns the shares with no further service restrictions. Under graded vesting scheme the expense for earlier years is higher than for later years. Each tranche is expensed over its own service period with a credit entry being equity.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-646": {
"value": "3. Sources of Estimation Uncertainty and Judgements in Applying Accounting Policies Critical Judgements and Estimates The Group makes estimates and assumptions that affect the reported amounts of assets and liabilities. Estimates and judgements are continually evaluated and are based on the management\u2019s experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The management also makes certain judgements, apart from those involving estimations, in the process of applying the accounting policies. Judgements and estimates that have the most significant effect on the amounts recognised in the consolidated financial statements and estimates that can cause a significant adjustment to the carrying amount of assets and liabilities are the following: Judgements and estimates related to ECL measurement. Measurement of ECLs is a significant estimate that involves determination of methodology, development of models and preparation of data inputs. Expert management judgement is also an essential part of estimating expected credit losses. Management applies significant judgements and estimates in calculating ECL, including the following: Judgements used to define criteria used in definition of default. The Group defines default using both quantitative and qualitative criteria. Borrower is classified as defaulted if: \u2022 any amounts of contractual repayments are past due more than 90 days, or \u2022 factors indicating the borrower\u2019s unlikeliness-to-pay becomes present. Unlikeliness to repay is assessed using qualitative and quantitative criteria based on clients monitoring/financial stability. In addition, default exit criteria are defined using judgement as well as whether default should be applied on a borrower or exposure level. For more details on the methodology of the Bank please see Note 37. Judgements used to define criteria for assessing if there has been a significant increase in credit risk (SICR) which is defined using both quantitative and qualitative criteria. Qualitative factors usually include judgements around delinquency period of more than 30 days on contractual repayments; exposure is restructured but is not defaulted; borrower is classified as \u201cwatch\u201d. The Bank evaluates the change in the probability of default parameter for each specific exposure on a quantitative basis, comparing it to a predefined threshold since its initial recognition. When the absolute relative change in the probability of default surpasses the specified threshold, it is considered a Significant Increase in Credit Risk (SICR), leading to the transfer of the exposure to Stage 2. Apart from statistical thresholds, this year the Bank incorporated an additional condition to the existing PD-based SICR criterion, referred to as the PD Backstop. The PD Backstop represents the highest Risk Group (Rating) up to which there is strong and undisputed evidence that the level of default risk is not materially different.
The quantitative indicator for SICR is utilised in retail and micro segments, provided there is a substantial number of observations for accurate assessment. Estimations used for calculation of credit risk parameters namely probability of default (PD) and loss given default (LGD). The judgements include and are not limited by: (i) definition of the segmentation for risk parameters estimation purposes, (ii) decision whether simplified or more complex models can be used, (iii) time since default date after which no material recoveries are expected, (iv) collateral haircuts from market value as well as the average workout period for collateral discounting. The table below describes sensitivity on 10% increase of PD and LGD estimates for the Bank. For sensitivity calculation purposes, the staging has been unchanged: In thousands of GEL 31 December 2025 31 December 2024 10% increase (decrease) in PD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 16,163 (GEL 16,164). Increase (decrease) credit loss allowance on loans and advances by GEL 16,425 (GEL 15,218). 10% increase (decrease) in LGD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 28,013 (GEL 30,580). Increase (decrease) credit loss allowance on loans and advances by GEL 25,351 (GEL 26,679). The table below describes sensitivity on 10% increase of PD and LGD estimates for UZ Bank. For sensitivity calculation purposes, the staging has been unchanged: In thousands of GEL 31 December 2025 31 December 2024 10% increase (decrease) in PD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 11,286 (GEL 11,287). Increase (decrease) credit loss allowance on loans and advances by GEL 5,813 (GEL 5,813). 10% increase (decrease) in LGD estimates Increase (decrease) credit loss allowance on loans and advances by GEL 20,051 (GEL 20,053). Increase (decrease) credit loss allowance on loans and advances by GEL 8,184 (GEL 8,191).
4. Adoption of New or Revised Standards and Interpretations Amendments to IAS 21 Lack of Exchangeability (Issued on 15 August 2023 and effective for annual periods beginning on or after 1 January 2025). In August 2023, the IASB issued amendments to IAS 21 to help entities assess exchangeability between two currencies and determine the spot exchange rate, when exchangeability is lacking. An entity is impacted by the amendments when it has a transaction or an operation in a foreign currency that is not exchangeable into another currency at a measurement date for a specified purpose. The amendments to IAS 21 do not provide detailed requirements on how to estimate the spot exchange rate. Instead, they set out a framework under which an entity can determine the spot exchange rate at the measurement date. When applying the new requirements, it is not permitted to restate comparative information. It is required to translate the affected amounts at estimated spot exchange rates at the date of initial application, with an adjustment to retained earnings or to the reserve for cumulative translation differences. The amendment had no impact on the Group\u2019s financial statements. 5. New Accounting Pronouncements The Group has not early adopted any of the amendments effective after 31 December 2025. The Group expects the amendments will have an insignificant effect, when adopted, or is in the process of assessing the scale of any potential impact on the consolidated financial statements of the Group and the separate financial statements of TBC Bank Group PLC. Amendments to the Classification and Measurement of Financial Instruments - Amendments to IFRS 9 and IFRS 7 (issued on 30 May 2024 and effective for annual periods beginning on or after 1 January 2026). On 30 May 2024, the IASB issued amendments to IFRS 9 and IFRS 7 to: (a) clarify the date of recognition and derecognition of some financial assets and liabilities, with a new exception for some financial liabilities settled through an electronic cash transfer system; (b) clarify and add further guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion; (c) add new disclosures for certain instruments with contractual terms that can change cash flows (such as some instruments with features linked to the achievement of environment, social and governance (ESG) targets); and (d) update the disclosures for equity instruments designated at fair value through other comprehensive income (FVTOCI). The amendment will have no material impact on the Group\u2019s financial statements. Annual Improvements to IFRS Accounting Standards (Issued in July 2024 and effective from 1 January 2026). IFRS 1 was clarified that a hedge should be discontinued upon transition to IFRS Accounting Standards if it does not meet the \u2018qualifying criteria\u2019, rather than \u2018conditions\u2019 for hedge accounting, in order to resolve a potential confusion arising from an inconsistency between the wording in IFRS 1 and the requirements for hedge accounting in IFRS 9. IFRS 7 requires disclosures about a gain or loss on derecognition relating to financial assets in which the entity has a continuing involvement, including whether fair value measurements included \u2018significant unobservable inputs. This new phrase replaced reference to \u2018significant inputs that were not based on observable market data\u2019. The amendment makes the wording consistent with IFRS 13. In addition, certain IFRS 7 implementation guidance examples were clarified and text added that the examples do not necessarily illustrate all the requirements in the referenced paragraphs of IFRS 7. IFRS 16 was amended to clarify that when a lessee has determined that a lease liability has been extinguished in accordance with IFRS 9, the lessee is required to apply IFRS 9 guidance to recognise any resulting gain or loss in profit or loss. This clarification applies to lease liabilities that are extinguished on or after the beginning of the annual reporting period in which the entity first applies that amendment. In order to resolve an inconsistency between IFRS 9 and IFRS 15, trade receivables are now required to be initially recognised at \u2018the amount determined by applying IFRS 15\u2019 instead of at \u2018their transaction price (as defined in IFRS 15)\u2019. IFRS 10 was amended to use less conclusive language when an entity is a \u2018de- facto agent\u2019 and to clarify that the relationship described in paragraph B74 of IFRS 10 is just one example of a circumstance in which judgement is required to determine whether a party is acting as a de-facto agent. IAS 7 was corrected to delete references to \u2018cost method\u2019 that was removed from IFRS Accounting Standards in May 2008 when the IASB issued amendment \u2018Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate\u2019. The amendment will have no material impact on the Group\u2019s financial statements. Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates: Translation to a Hyperinflationary Presentation Currency (issued on 13 November 2025 and effective from 1 January 2027). The International Accounting Standards Board (IASB) has issued amendments that clarify how companies should translate financial statements from a non-hyperinflationary currency into a hyperinflationary one. These narrow-scope amendments aim to improve the usefulness of the resulting information in a cost-effective manner. Developed in response to stakeholder feedback, these amendments are expected to reduce diversity in practice and provide a clearer basis for reporting in a hyperinflationary currency. The amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates are effective for annual periods beginning on or after 1 January 2027. Companies can choose to apply them earlier. The Group is currently assessing the impact of the amendments on its financial statements.
IFRS 18 Presentation and Disclosure in Financial Statements (Issued on 9 April 2024 and effective for annual periods beginning on or after 1 January 2027). In April 2024, the IASB has issued IFRS 18, the new standard on presentation and disclosure in financial statements, with a focus on updates to the statement of profit or loss. The key new concepts introduced in IFRS 18 relate to: - the structure of the statement of profit or loss; - required disclosures in the financial statements for certain profit or loss performance measures that are reported outside an entity\u2019s financial statements (that is, management-defined performance measures); and - enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes in general. IFRS 18 will replace IAS 1; many of the other existing principles in IAS 1 are retained, with limited changes. IFRS 18 will not impact the recognition or measurement of items in the financial statements, but it might change what an entity reports as its \u2018operating profit or loss\u2019. IFRS 18 will apply for reporting periods beginning on or after 1 January 2027 and also applies to comparative information. The Group is in the process of assessment of the scale of any potential impact on the consolidated profit or loss statement and cash flow statement of the Group and the separate cash flow statement of TBC Bank Group PLC. IFRS 19 Subsidiaries without Public Accountability: Disclosures (Issued on 9 May 2024 and effective for annual periods beginning on or after 1 January 2027). The International Accounting Standard Board (IASB) has issued a new IFRS Accounting Standard for subsidiaries. IFRS 19 permits eligible subsidiaries to use IFRS Accounting Standards with reduced disclosures. Applying IFRS 19 will reduce the costs of preparing subsidiaries\u2019 financial statements while maintaining the usefulness of the information for users of their financial statements. Subsidiaries using IFRS Accounting Standards for their own financial statements provide disclosures that may be disproportionate to the information needs of their users. IFRS 19 will resolve these challenges by: - enabling subsidiaries to keep only one set of accounting records \u2013 to meet the needs of both their parent company and the users of their financial statements; - reducing disclosure requirements \u2013 IFRS 19 permits reduced disclosure better suited to the needs of the users of their financial statements. IFRS 19 will not have impact as the Group is not eligible to apply it. Amendments to IFRS 19 Subsidiaries without public accountability: Disclosures (Issued on 21 August 2025 and effective from 1 January 2027). In August 2025, the IASB issued amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures, which help eligible subsidiaries by reducing disclosure requirements for Standards and amendments issued between February 2021 and May 2024, specifically: IFRS 18 Presentation and Disclosure in Financial Statements, Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7); International Tax Reform\u2014Pillar Two Model Rules (Amendments to IAS 12); Lack of Exchangeability (Amendments to IAS 21); and Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7). With these amendments, IFRS 19 reflects the changes to IFRS Accounting Standards that take effect up to 1 January 2027, when IFRS 19 will be applicable. The amendment will not have impact as the Group is not eligible to apply IFRS 19. Contracts Referencing Nature-dependent Electricity Amendments to IFRS 9 and IFRS 7 (Issued on 18 December 2024 and effective from 1 January 2026). The IASB has issued amendments to help companies better report the financial effects of nature-dependent electricity contracts, which are often structured as power purchase agreements (PPAs). Current accounting requirements may not adequately capture how these contracts affect a company\u2019s performance. To allow companies to better reflect these contracts in the financial statements, the IASB has made targeted amendments to IFRS 9, Financial Instruments, and IFRS 7, Financial Instruments: Disclosures. The amendments include: (a) clarifying the application of the \u2018own-use\u2019 requirements; (b) relaxing certain hedge accounting requirements if these contracts are used as hedging instruments; and (c) adding new disclosure requirements to enable investors to understand the effect of these contracts on financial performance and cash flows. The amendment will have no material impact on the Group\u2019s financial statements.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-648": {
"value": "6. Cash and Cash Equivalents In thousands of GEL 31 December 2025 31 December 2024 Cash on hand 897,946 862,343 Cash balances with the National Bank of Georgia (other than mandatory reserve deposits) 243,677 289,382 Cash balances with the Central Bank of Uzbekistan (other than mandatory reserve deposits) 113,122 52,817 Correspondent accounts and overnight placements with other banks 557,286 652,770 Placements with and receivables from other banks with original maturities of less than three months 551,919 1,190,251 Total gross amount of cash and cash equivalents 2,363,950 3,047,563 Less: Credit loss allowance (367) (162) Stage 1 (367) (162) Total cash and cash equivalents 2,363,583 3,047,401
As of 31 December 2025, 79% of the correspondent accounts and overnight placements with other banks was placed with Organisation for Economic Co-operation and Development (OECD) banking institutions (31 December 2024: 86%). As of 31 December 2025, GEL 447,879 thousand was placed on interbank term deposits with three OECD banks and none with non-OECD (as at 31 December 2024 GEL 960,638 thousand was placed on interbank term deposits with four with OECD bank and none with non-OECD banks). Interest rate analysis of cash and cash equivalents is disclosed in Note 37. As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC cash and cash equivalents represents correspondent accounts and overnight placements with other banks in the amount of GEL 10,102 thousand (31 December 2024: GEL 48,451 thousand). 89% of correspondent accounts and overnight placements with other banks are placed with BB rated financial institutions and 11% are placed with A+ financial institutions rated. (2024: 95% placed with BB rated, 5% placed with A+ rated financial institutions). As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC cash and cash equivalents represents placements with and receivables from other banks with original maturities of less than three months in the amount of GEL 101,432 thousand (31 December 2024: GEL 20,879 thousand). 100% of these amounts are placed with BB rated financial institutions (2024: 100% placed with BB rated). The Bank earned an average annual interest of 7.97% annual interest in GEL on cash balances with NBG during the year 2025 (2024: 8.19%). UZ Bank earned an average annual interest of 12.00% annual interest in UZS on cash balances with CBU during the year 2025 (2024: 11.75%). In June 2025, Uzbekistan's Long-Term Foreign and Local Currency Issuer Default Rating (IDRs) has been upgraded to \u2018BB\u2019 with a Stable Outlook. The country ceiling has been upgraded to \u2019BB\u2018 and short-term foreign and The credit ratings of correspondent accounts and overnight placements with other banks are as follows: In thousands of GEL 31 December 2025 31 December 2024 AA 15,508 25,051 AA- 2,373 8,202 A+ 334,615 446,356 A 6,811 28,544 A- 83,808 65,979 BBB+ 75 - BBB - 1,833 BBB- 6,321 30,903 BB+ 252 1,663 BB 67,509 4,380 BB- 31,428 15,346 B+ 4,869 14,738 B 1,588 9,733 B- 2,129 42 Total correspondent accounts and overnight placements with other banks 557,286 652,770 The credit rating of placements with and receivables from other banks with original maturities of less than three months stands as follows: In thousands of GEL 31 December 2025 31 December 2024 AAA - 205,904 A 447,879 233,102 BBB+ - 43,959 BBB - 477,673 BB 16,177 70,000 BB- 694 141,558 B+ 32,068 15,014 B 55,101 3,041 Total placements with and receivables from other banks with original maturities of less than three months 551,919 1,190,251 The table illustrates the ratings by international agencies Standard & Poor\u2019s and Fitch Ratings. When different credit ratings are designated by the agencies, the highest designated rating for this asset is used, for those financial institutions which are not assigned credit ratings, country ratings are used.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-649": {
"value": "6. Cash and Cash Equivalents In thousands of GEL 31 December 2025 31 December 2024 Cash on hand 897,946 862,343 Cash balances with the National Bank of Georgia (other than mandatory reserve deposits) 243,677 289,382 Cash balances with the Central Bank of Uzbekistan (other than mandatory reserve deposits) 113,122 52,817 Correspondent accounts and overnight placements with other banks 557,286 652,770 Placements with and receivables from other banks with original maturities of less than three months 551,919 1,190,251 Total gross amount of cash and cash equivalents 2,363,950 3,047,563 Less: Credit loss allowance (367) (162) Stage 1 (367) (162) Total cash and cash equivalents 2,363,583 3,047,401
As of 31 December 2025, 79% of the correspondent accounts and overnight placements with other banks was placed with Organisation for Economic Co-operation and Development (OECD) banking institutions (31 December 2024: 86%). As of 31 December 2025, GEL 447,879 thousand was placed on interbank term deposits with three OECD banks and none with non-OECD (as at 31 December 2024 GEL 960,638 thousand was placed on interbank term deposits with four with OECD bank and none with non-OECD banks). Interest rate analysis of cash and cash equivalents is disclosed in Note 37. As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC cash and cash equivalents represents correspondent accounts and overnight placements with other banks in the amount of GEL 10,102 thousand (31 December 2024: GEL 48,451 thousand). 89% of correspondent accounts and overnight placements with other banks are placed with BB rated financial institutions and 11% are placed with A+ financial institutions rated. (2024: 95% placed with BB rated, 5% placed with A+ rated financial institutions). As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC cash and cash equivalents represents placements with and receivables from other banks with original maturities of less than three months in the amount of GEL 101,432 thousand (31 December 2024: GEL 20,879 thousand). 100% of these amounts are placed with BB rated financial institutions (2024: 100% placed with BB rated). The Bank earned an average annual interest of 7.97% annual interest in GEL on cash balances with NBG during the year 2025 (2024: 8.19%). UZ Bank earned an average annual interest of 12.00% annual interest in UZS on cash balances with CBU during the year 2025 (2024: 11.75%). In June 2025, Uzbekistan's Long-Term Foreign and Local Currency Issuer Default Rating (IDRs) has been upgraded to \u2018BB\u2019 with a Stable Outlook. The country ceiling has been upgraded to \u2019BB\u2018 and short-term foreign and The credit ratings of correspondent accounts and overnight placements with other banks are as follows: In thousands of GEL 31 December 2025 31 December 2024 AA 15,508 25,051 AA- 2,373 8,202 A+ 334,615 446,356 A 6,811 28,544 A- 83,808 65,979 BBB+ 75 - BBB - 1,833 BBB- 6,321 30,903 BB+ 252 1,663 BB 67,509 4,380 BB- 31,428 15,346 B+ 4,869 14,738 B 1,588 9,733 B- 2,129 42 Total correspondent accounts and overnight placements with other banks 557,286 652,770 The credit rating of placements with and receivables from other banks with original maturities of less than three months stands as follows: In thousands of GEL 31 December 2025 31 December 2024 AAA - 205,904 A 447,879 233,102 BBB+ - 43,959 BBB - 477,673 BB 16,177 70,000 BB- 694 141,558 B+ 32,068 15,014 B 55,101 3,041 Total placements with and receivables from other banks with original maturities of less than three months 551,919 1,190,251 The table illustrates the ratings by international agencies Standard & Poor\u2019s and Fitch Ratings. When different credit ratings are designated by the agencies, the highest designated rating for this asset is used, for those financial institutions which are not assigned credit ratings, country ratings are used.
9. Mandatory Cash Balances With NBG Mandatory cash balances with the National Bank of Georgia (\u201cNBG\u201d) represent amounts deposited with the NBG. Resident financial institutions are required to maintain an interest-earning obligatory reserve with the NBG, the amount of which depends on the level of funds attracted by the financial institutions. The Bank earned up to 0.62% and 0.28% annual interest in USD and EUR, respectively, on mandatory reserve with NBG during the year 2025 (2024: 0% and 0% in USD and EUR, respectively). In November 2025, Fitch Ratings has affirmed Georgia\u2019s Long-Term Foreign and Local Currency Issuer Default Rating (IDRs) at \u2018BB\u2019 and has revised the Outlook from Negative to Stable. The country ceiling is affirmed at \u2019BBB- \u2018, while short- term foreign and local-currency IDRs are kept at \u2018B\u2019.
6. Cash and Cash Equivalents In thousands of GEL 31 December 2025 31 December 2024 Cash on hand 897,946 862,343 Cash balances with the National Bank of Georgia (other than mandatory reserve deposits) 243,677 289,382 Cash balances with the Central Bank of Uzbekistan (other than mandatory reserve deposits) 113,122 52,817 Correspondent accounts and overnight placements with other banks 557,286 652,770 Placements with and receivables from other banks with original maturities of less than three months 551,919 1,190,251 Total gross amount of cash and cash equivalents 2,363,950 3,047,563 Less: Credit loss allowance (367) (162) Stage 1 (367) (162) Total cash and cash equivalents 2,363,583 3,047,401
For the purpose of ECL measurement due from other banks balances are included in Stage 1. The ECL for these balances at 31 December 2025 is GEL 1,282 thousand (2024: GEL 627 thousand).
10. Loans and Advances to Customers In thousands of GEL 31 December 2025 31 December 2024 Corporate loans 11,340,467 9,848,706 Loans to micro, small and medium enterprises 6,287,443 5,948,420 Consumer loans 6,266,241 5,164,603 Mortgage loans 5,373,055 5,126,953 Total gross loans and advances to customers at amortised cost (AC) 29,267,206 26,088,682 Less: credit loss allowance: (544,859) (404,884) Stage 1 (152,675) (138,293) Stage 2 (114,161) (81,043) Stage 3 (278,023) (185,548) Total loans and advances to customers at amortised cost (AC) 28,722,347 25,683,798 As at 31 December 2025 loans and advances to customers carried at GEL 1,645,745 thousand have been pledged as collateral for the borrowings from the National Bank of Georgia (2024: GEL 1,118,011 thousand). The loans and advances to customers are pledged under the monetary policy framework for the borrowings from the National Bank of Georgia.
The following tables disclose the changes in the credit loss allowance and gross carrying amount for loans and advances to customers carried at amortised cost between the beginning and the end of the reporting period. Below main movements in the table are described: \u2022 Transfers occur between Stage 1, 2 and 3, due to significant increases (or decreases) of credit risk or exposures becoming defaulted in the period, and the consequent \u201cstep up\u201d (or \u201cstep down\u201d) between 12-month and Lifetime ECL. It should be noted, that: \u00b0 For loans, which existed at the beginning of the previous month, opening exposures are disclosed as transfer amounts; \u00b0 For newly issued loans, exposures upon issuance are disclosed as transfer amounts; \u2022 New originated or purchased gives us information regarding gross loans issued and corresponding credit loss allowance created during the period (however, exposures which were issued and repaid during the period and issued to refinance existing loans are excluded); \u2022 Derecognised during the period refers to the balance of loans and credit loss allowance at the beginning of the period, which were fully repaid during the period. Exposures which were issued and not fully repaid during the period, written off or refinanced by other loans, are excluded; \u2022 Net repayments refer to the net changes in gross carrying amounts, which is loan disbursements less repayments, excluding loans that were fully repaid; \u2022 Write-offs refer to write off of loans during the period; \u2022 Foreign exchange movements refer to the translation of assets denominated in foreign currencies and effect to translation in presentational currency for foreign subsidiary; \u2022 Net re-measurement due to stage transfers and risk parameters changes refers to the movements in ECL as a result of transfer of exposure between stages or changes in risk parameters and forward-looking expectations; \u2022 Modification refers to changes in terms that do not result in derecognition; \u2022 Re-segmentation refers to the transfer of loans from one reporting segment to another. For presentation purposes, amounts are rounded to the nearest thousands of GEL, which in certain cases is disclosed as nil. \u2022 For details of expected credit loss (ECL) methodology refer to Note 37.
Total loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 24,051,415 1,462,901 574,366 26,088,682 138,293 81,043 185,548 404,884 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (2,934,448) 2,969,054 (34,606) - (87,902) 101,923 (14,021) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (53,900) (733,492) 787,392 - (6,859) (90,990) 97,849 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 1,444,782 (1,442,002) (2,780) - 102,608 (101,156) (1,452) - New originated or purchased 17,874,061 - - 17,874,061 270,530 - - 270,530 Derecognised or fully repaid during the period (10,029,583) (211,181) (117,803) (10,358,567) (149,335) (13,979) (39,398) (202,712) Net repayments (3,899,069) (189,331) (103,546) (4,191,946) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments* - - - - (116,235) 136,179 376,004 395,948 Movements without impact on credit loss allowance charge for the period: Write-offs - - (331,376) (331,376) - - (331,376) (331,376) Changes in accrued interest 44,899 14,964 8,716 68,579 - - - - Modification 753 (163) 180 770 (41) - 78 37 Foreign exchange movements 91,312 16,864 8,827 117,003 1,616 1,141 4,791 7,548 At 31 December 2025 26,590,222 1,887,614 789,370 29,267,206 152,675 114,161 278,023 544,859
Total loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 20,337,024 1,320,300 416,355 22,073,679 104,666 88,065 158,841 351,572 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (2,538,621) 2,603,644 (65,023) - (99,835) 117,215 (17,380) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (38,921) (524,744) 563,665 - (9,380) (102,183) 111,563 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 1,616,497 (1,614,245) (2,252) - 99,449 (97,821) (1,628) - New originated or purchased 13,999,349 - - 13,999,349 247,466 - - 247,466 Derecognised or fully repaid during the period (7,163,036) (186,309) (87,482) (7,436,827) (79,726) (15,516) (32,181) (127,423) Net repayments (2,406,351) (148,126) (72,290) (2,626,767) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments* - - - - (125,065) 90,935 156,450 122,320 Movements without impact on credit loss allowance charge for the period: Write-offs - - (191,297) (191,297) - - (191,297) (191,297) Changes in accrued interest 12,068 1,457 8,406 21,931 - - - - Modification 1,816 241 (69) 1,988 5 2 43 50 Foreign exchange movements 231,590 10,683 4,353 246,626 713 346 1,137 2,196 At 31 December 2024 24,051,415 1,462,901 574,366 26,088,682 138,293 81,043 185,548 404,884 *Movements with impact on credit loss allowance charge for the period differs from statement of profit or loss with amount of recoveries and unwinding of discount of GEL 82,976 thousand in 2025 (2024: GEL 65,498 thousand). The amount of recoveries include recoveries from sale of written off portfolio in the
amount of GEL 13,290 thousand sold in 2025 (2024: GEL 7,047 thousand). Corporate loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 9,054,002 638,105 156,599 9,848,706 15,524 1,528 36,862 53,914 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (608,560) 613,211 (4,651) - (1,146) 1,146 - - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (18,719) (92,848) 111,567 - (806) (41) 847 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 102,446 (101,488) (958) - 1,249 (486) (763) - New originated or purchased 6,392,599 - - 6,392,599 40,794 - - 40,794 Derecognised or fully repaid during the period (4,377,089) (36,115) (11,203) (4,424,407) (49,783) (39) (1,854) (51,676) Net repayments (631,123) (45,259) (11,186) (687,568) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 9,265 (80) 23,496 32,681 Movements without impact on credit loss allowance charge for the period: Re-segmentation 181,504 35 391 181,930 825 14 201 1,040 Write-offs - - (3,310) (3,310) - - (3,310) (3,310) Changes in accrued interest 17,162 1,482 6,560 25,204 - - - - Modification 289 (61) (24) 204 - - (11) (11) Foreign exchange movements (7,392) 10,657 3,844 7,109 15 7 922 944 At 31 December 2025 10,105,119 987,719 247,629 11,340,467 15,937 2,049 56,390 74,376
Corporate loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 7,739,101 410,366 114,138 8,263,605 18,454 2,445 32,606 53,505 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (384,704) 411,661 (26,957) - (1,759) 3,960 (2,201) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (19,209) (85,929) 105,138 - (5,533) (1,645) 7,178 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 54,757 (54,757) - - 211 (209) (2) - New originated or purchased 5,206,364 - - 5,206,364 34,834 - - 34,834 Derecognised or fully repaid during the period (3,969,700) (37,114) (14,537) (4,021,351) (44,166) (100) (2,030) (46,296) Net repayments 130,101 (12,213) (7,269) 110,619 - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 12,257 (2,968) 18,012 27,301 Movements without impact on credit loss allowance charge for the period: Re-segmentation 161,798 3,972 (3,170) 162,600 981 14 - 995 Write-offs - - (16,827) (16,827) - - (16,827) (16,827) Changes in accrued interest (3,106) (3,193) 5,565 (734) - - - - Modification 947 354 9 1,310 3 - 4 7 Foreign exchange movements 137,653 4,958 509 143,120 242 31 122 395 At 31 December 2024 9,054,002 638,105 156,599 9,848,706 15,524 1,528 36,862 53,914
MSME Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 5,423,532 256,764 268,124 5,948,420 28,936 23,893 60,422 113,251 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (751,364) 759,232 (7,868) - (16,493) 19,823 (3,330) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (17,575) (178,458) 196,033 - (1,893) (22,955) 24,848 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 367,443 (367,408) (35) - 25,089 (25,065) (24) - New originated or purchased 2,836,764 - - 2,836,764 52,809 - - 52,809 Derecognised or fully repaid during the period (1,051,042) (77,408) (72,044) (1,200,494) (11,524) (5,483) (15,354) (32,361) Net repayments (1,176,880) (62,005) (60,357) (1,299,242) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (46,474) 32,951 46,451 32,928 Movements without impact on credit loss allowance charge for the period: Re-segmentation (14,640) 5,993 4,777 (3,870) 3,257 1,736 2,537 7,530 Write-offs - - (41,900) (41,900) - - (41,900) (41,900) Changes in accrued interest 14,040 2,454 (1,701) 14,793 - - - - Modification 165 23 188 376 2 9 78 89 Foreign exchange movements 30,863 1,217 516 32,596 301 141 921 1,363 At 31 December 2025 5,661,306 340,404 285,733 6,287,443 34,010 25,050 74,649 133,709
MSME Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 4,982,978 325,283 178,527 5,486,788 24,158 32,785 51,797 108,740 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (695,446) 714,111 (18,665) - (16,250) 22,040 (5,790) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (5,548) (234,570) 240,118 - (1,087) (30,809) 31,896 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 435,001 (434,154) (847) - 28,604 (27,425) (1,179) - New originated or purchased 2,910,982 - - 2,910,982 65,295 - - 65,295 Derecognised or fully repaid during the period (1,108,843) (51,950) (48,626) (1,209,419) (7,448) (5,220) (13,287) (25,955) Net repayments (1,000,832) (63,067) (48,267) (1,112,166) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (63,725) 32,429 37,783 6,487 Movements without impact on credit loss allowance charge for the period: Re-segmentation (145,839) (4,140) 3,139 (146,840) (878) (36) - (914) Write-offs - - (41,377) (41,377) - - (41,377) (41,377) Changes in accrued interest 7,779 2,625 1,185 11,589 - - - - Modification 205 (105) (110) (10) - 5 13 18 Foreign exchange movements 43,095 2,731 3,047 48,873 267 124 566 957 At 31 December 2024 5,423,532 256,764 268,124 5,948,420 28,936 23,893 60,422 113,251
Consumer loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 4,830,615 236,633 97,355 5,164,603 92,249 49,323 68,170 209,742 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (1,042,604) 1,050,939 (8,335) - (68,951) 74,436 (5,485) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (10,968) (434,771) 445,739 - (3,361) (66,714) 70,075 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 389,589 (388,521) (1,068) - 70,200 (69,535) (665) - New originated or purchased 7,262,224 - - 7,262,224 175,704 - - 175,704 Derecognised or fully repaid during the period (4,205,271) (41,130) (18,070) (4,264,471) (87,833) (7,143) (17,357) (112,333) Net repayments (1,471,601) (56,745) (25,630) (1,553,976) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (74,177) 102,880 294,658 323,361 Movements without impact on credit loss allowance charge for the period: Re-segmentation (133,773) (5,689) (5,102) (144,564) (4,109) (1,743) (2,729) (8,581) Write-offs - - (282,186) (282,186) - - (282,186) (282,186) Changes in accrued interest 14,091 11,426 4,542 30,059 - - - - Modification 16 (7) 11 20 (43) (7) 7 (43) Foreign exchange movements 48,071 2,875 3,586 54,532 1,300 999 2,610 4,909 At 31 December 2025 5,680,389 375,010 210,842 6,266,241 100,979 82,496 127,098 310,573
Consumer loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 3,296,256 218,195 79,101 3,593,552 60,181 45,289 56,600 162,070 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (661,606) 668,530 (6,924) - (80,217) 84,504 (4,287) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (7,147) (169,789) 176,936 - (1,912) (68,540) 70,452 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 395,523 (394,823) (700) - 63,287 (62,873) (414) - New originated or purchased 4,466,856 - - 4,466,856 145,970 - - 145,970 Derecognised or fully repaid during the period (1,691,846) (47,184) (13,158) (1,752,188) (27,932) (8,958) (13,253) (50,143) Net repayments (991,355) (42,143) (11,363) (1,044,861) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (67,249) 59,723 87,812 80,286 Movements without impact on credit loss allowance charge for the period: Re-segmentation 1,840 744 - 2,584 (75) 60 (25) (40) Write-offs - - (128,959) (128,959) - - (128,959) (128,959) Changes in accrued interest 7,743 2,610 2,109 12,462 - - - - Modification 189 (36) 13 166 2 (4) 8 6 Foreign exchange movements 14,162 529 300 14,991 194 122 236 552 At 31 December 2024 4,830,615 236,633 97,355 5,164,603 92,249 49,323 68,170 209,742
Mortgage loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 4,743,266 331,399 52,288 5,126,953 1,584 6,299 20,094 27,977 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (531,920) 545,672 (13,752) - (1,312) 6,518 (5,206) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (6,638) (27,415) 34,053 - (799) (1,280) 2,079 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 585,304 (584,585) (719) - 6,070 (6,070) - - New originated or purchased 1,382,474 - - 1,382,474 1,223 - - 1,223 Derecognised or fully repaid during the period (396,181) (56,528) (16,486) (469,195) (195) (1,314) (4,833) (6,342) Net repayments (619,465) (25,322) (6,373) (651,160) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (4,849) 428 11,399 6,978 Movements without impact on credit loss allowance charge for the period: Re-segmentation (33,091) (339) (66) (33,496) 27 (7) (9) 11 Write-offs - - (3,980) (3,980) - - (3,980) (3,980) Changes in accrued interest (394) (398) (685) (1,477) - - - - Modification 283 (118) 5 170 - (2) 4 2 Foreign exchange movements 19,770 2,115 881 22,766 - (6) 338 332 At 31 December 2025 5,143,408 184,481 45,166 5,373,055 1,749 4,566 19,886 26,201
Mortgage loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 4,318,689 366,456 44,589 4,729,734 1,873 7,546 17,838 27,257 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (796,865) 809,342 (12,477) - (1,609) 6,711 (5,102) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (7,017) (34,456) 41,473 - (848) (1,189) 2,037 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 731,216 (730,511) (705) - 7,347 (7,314) (33) - New originated or purchased 1,415,147 - - 1,415,147 1,367 - - 1,367 Derecognised or fully repaid during the period (392,647) (50,061) (11,161) (453,869) (180) (1,238) (3,611) (5,029) Net repayments (544,265) (30,703) (5,391) (580,359) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (6,348) 1,751 12,843 8,246 Movements without impact on credit loss allowance charge for the period: Re-segmentation (17,799) (576) 31 (18,344) (28) (38) 25 (41) Write-offs - - (4,134) (4,134) - - (4,134) (4,134) Changes in accrued interest (348) (585) (453) (1,386) - - - - Modification 475 28 19 522 - 1 18 19 Foreign exchange movements 36,680 2,465 497 39,642 10 69 213 292 At 31 December 2024 4,743,266 331,399 52,288 5,126,953 1,584 6,299 20,094 27,977 No post model overlays have been processed as of 31 December 2025 (2024: nil).
The credit quality of loans to customers carried at amortised cost at 31 December 2025 is as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Corporate loans risk category - Very low 9,901,369 604 - 9,901,973 - Low 203,689 962,721 - 1,166,410 - Moderate 61 24,394 - 24,455 - Default - - 247,629 247,629 Gross carrying amount 10,105,119 987,719 247,629 11,340,467 Credit loss allowance (15,937) (2,049) (56,390) (74,376) Carrying amount 10,089,182 985,670 191,239 11,266,091 Loans to MSME risk category - Very low 4,619,592 8,610 - 4,628,202 - Low 1,001,989 61,232 - 1,063,221 - Moderate 38,584 231,980 - 270,564 - High 1,141 38,582 - 39,723 - Default - - 285,733 285,733 Gross carrying amount 5,661,306 340,404 285,733 6,287,443 Credit loss allowance (34,010) (25,050) (74,649) (133,709) Carrying amount 5,627,296 315,354 211,084 6,153,734 Consumer loans risk category - Very low 3,525,545 21,224 - 3,546,769 - Low 1,806,416 48,725 - 1,855,141 - Moderate 348,428 220,619 - 569,047 - High - 84,442 - 84,442 - Default - - 210,842 210,842 Gross carrying amount 5,680,389 375,010 210,842 6,266,241 Credit loss allowance (100,979) (82,496) (127,098) (310,573) Carrying amount 5,579,410 292,514 83,744 5,955,668 Mortgage loans risk category - Very low 3,828,763 9,918 - 3,838,681 - Low 1,191,356 16,782 - 1,208,138 - Moderate 123,289 136,161 - 259,450 - High - 21,620 - 21,620 - Default - - 45,166 45,166 Gross carrying amount 5,143,408 184,481 45,166 5,373,055 Credit loss allowance (1,749) (4,566) (19,886) (26,201) Carrying amount 5,141,659 179,915 25,280 5,346,854
The credit quality of loans to customers carried at amortised cost at 31 December 2024 is as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Corporate loans risk category - Very low 8,870,847 - - 8,870,847 - Low 182,630 469,886 - 652,516 - Moderate 525 168,219 - 168,744 - Default - - 156,599 156,599 Gross carrying amount 9,054,002 638,105 156,599 9,848,706 Credit loss allowance (15,524) (1,528) (36,862) (53,914) Carrying amount 9,038,478 636,577 119,737 9,794,792 Loans to MSME risk category - Very low 4,371,686 10,659 - 4,382,345 - Low 997,903 78,450 - 1,076,353 - Moderate 52,714 129,810 - 182,524 - High 1,229 37,845 - 39,074 - Default - - 268,124 268,124 Gross carrying amount 5,423,532 256,764 268,124 5,948,420 Credit loss allowance (28,936) (23,893) (60,422) (113,251) Carrying amount 5,394,596 232,871 207,702 5,835,169 Consumer loans risk category - Very low 2,932,274 4,135 - 2,936,409 - Low 1,586,412 21,077 - 1,607,489 - Moderate 311,929 169,440 - 481,369 - High - 41,981 - 41,981 - Default - - 97,355 97,355 Gross carrying amount 4,830,615 236,633 97,355 5,164,603 Credit loss allowance (92,249) (49,323) (68,170) (209,742) Carrying amount 4,738,366 187,310 29,185 4,954,861 Mortgage loans risk category - Very low 3,567,829 10,691 - 3,578,520 - Low 1,117,222 107,742 - 1,224,964 - Moderate 58,215 190,032 - 248,247 - High - 22,934 - 22,934 - Default - - 52,288 52,288 Gross carrying amount 4,743,266 331,399 52,288 5,126,953 Credit loss allowance (1,584) (6,299) (20,094) (27,977) Carrying amount 4,741,682 325,100 32,194 5,098,976
Please refer to note 37 for the definitions of the credit quality gradesThe contractual amounts outstanding on loans to customers that have been written off during the period partially or fully but are still subject to enforcement activity was principal amount GEL 176,366 thousand (31 December 2024: GEL 58,220 thousand) and accrued interest GEL 49,650 thousand (31 December 2024: GEL 7,784 thousand). Economic sector risk concentrations within the customer loan portfolio are as follows: 31 December 2025 31 December 2024 In thousands of GEL Amount Percentage (%) Amount Percentage (%) Individual 11,790,524 40% 10,701,680 41% Real Estate 3,404,763 12% 2,816,094 11% Construction 1,742,021 6% 1,578,826 6% Trade 1,667,971 6% 1,686,918 6% Food Industry 1,434,190 5% 1,353,283 5% Hospitality, Restaurants & Leisure 1,227,208 4% 1,323,642 5% Agriculture 1,056,809 4% 1,044,920 4% Energy & Utilities 933,201 3% 895,637 3% Financial Services 929,959 3% 456,224 2% Services 786,594 3% 590,700 2% Healthcare 514,707 2% 580,472 2% Transportation 433,423 1% 380,751 1% Automotive 351,097 1% 223,788 1% Pawn Shops 320,833 1% 245,453 1% Metals and Mining 183,017 < 1% 191,429 1% Communication 107,373 < 1% 34,004 < 1% Other 2,383,516 8% 1,984,861 8% Total gross loans and advances to customers 29,267,206 100% 26,088,682 100% As of 31 December 2025, the Group had 12 borrowers (2024: 9 borrowers) with aggregated gross loan amounts above GEL 100,000 thousand. The total aggregated amount of these loans was GEL 1,719,948 thousand (2024: GEL 1,472,144 thousand) or 5.9% of the gross loan portfolio (2024: 5.6%). The amount and type of collateral required depend on an assessment of the credit risk of the counterparty. There are three key types of collateral: \u2022 Real estate. \u2022 Movable property including fixed assets, inventory and precious metals; \u2022 Financial assets including deposits, shares, and third-party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d).
The effect of collateral as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Corporate loans 6,574,952 21,770,338 4,765,515 1,409,481 Consumer loans 1,517,878 3,799,758 4,748,363 35,388 Mortgage loans 5,109,364 11,107,103 263,691 128,615 Loans to micro, small and medium enterprises 4,750,762 11,556,376 1,536,681 425,696 Total 17,952,956 48,233,575 11,314,250 1,999,180 The effect of collateral as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Corporate loans 5,809,411 18,351,209 4,039,295 1,276,205 Consumer loans 1,372,297 3,533,669 3,792,306 28,355 Mortgage loans 4,887,712 10,672,774 239,241 98,636 Loans to micro, small and medium enterprises 4,767,331 11,395,454 1,181,089 398,545 Total 16,836,751 43,953,106 9,251,931 1,801,741 As at 31 December 2025 loans and advances to customers which were 1. over-collateralised and 2. credit loss allowance was nil, amounted to GEL 2,150,726 thousand (2024: GEL 2,228,380 thousand).
The effect of collateral by types as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Cash Cover 469,977 494,098 128,236 110,911 Gold 297,813 402,683 19,855 19,648 Inventory 616,029 8,331,320 316,591 159,895 Real Estate 16,569,137 39,005,474 2,967,218 1,708,726 Unsecured and secured solely by third party guarantees - - 7,882,350 - Total 17,952,956 48,233,575 11,314,250 1,999,180 The effect of collateral by types as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Cash Cover 495,484 533,785 66,434 58,543 Gold 230,831 310,572 10,487 10,339 Inventory 860,198 6,280,516 326,944 161,456 Real Estate 15,248,883 36,824,105 2,490,223 1,571,304 Other 1,355 4,128 47 99 Unsecured and secured solely by third party guarantees - - 6,357,796 - Total 16,836,751 43,953,106 9,251,931 1,801,741 The financial effect of collateral is determined by comparing the fair value of collateral to outstanding gross loans and
advances on the reporting dateStage 3 loans presented by segments and collateral classes as at 31 December 2025 are the following: Loans Total fair value of collaterals In thousands of GEL Corporate MSME Consumer Mortgage Cash Cover 61 1,591 27 - 151 Gold - - 1,375 - 1,729 Inventory 7,894 6,475 - - 68,301 Real Estate 227,677 249,934 17,899 43,892 872,382 Unsecured and secured solely by third party guarantees 11,997 27,733 191,541 1,274 - Total 247,629 285,733 210,842 45,166 942,563 Stage 3 loans presented by segments and collateral classes as at 31 December 2024 are the following: Loans Total fair value of collaterals In thousands of GEL Corporate MSME Consumer Mortgage Cash Cover 727 1,485 1 - 1,072 Gold - 37 1,096 - 1,303 Inventory 5,577 4,891 - - 69,057 Real Estate 141,076 245,640 15,521 51,598 769,207 Other - 1 55 - 74 Unsecured and secured solely by third party guarantees 9,219 16,070 80,682 690 - Total 156,599 268,124 97,355 52,288 840,713 The potential ECL balances, without consideration of collateral for stage 3 loans that are individually assessed, amounted GEL 45,293 thousand (31 December 2024: GEL 31,640 thousand). The ECL amounts after taking collateral into account, as well as the gross carrying amounts of the related loans, totalled GEL 18,684 thousand and GEL 87,263 thousand respectively (31 December 2024: GEL 11,396 thousand and GEL 49,452 thousand).
The gross carrying amount of stage 2 loans that have been modified since initial recognition at a time when the loss allowance was measured at an amount equal to lifetime expected credit losses and for which the loss allowance has changed during the reporting period to an amount equal to 12-month expected credit losses loans are the following: In thousands of GEL 31 December 2025 31 December 2024 Stage 1 43,992 265,864 Stage 2 111 49,586 Stage 3 - 1,417 Total 44,103 316,867 At the central level a specific unit manages collateral to ensure that they serve as an adequate mitigation for credit risk management purposes. In line with the Group's internal policies, collateral provided to loans are evaluated by the Internal Appraisal Group (external reviewers are used in case of loans to related parties or specific cases when complex objects are appraised). The Internal Appraisal Group is part of the collateral management unit and, in order to ensure adequate and objective appraisal procedures, it is independent from the loan granting process. Real estate collateral of significant value is re-evaluated annually by internal appraisers. Statistical methods are used to monitor the value of real estate collateral that are of non-significant value and other types of collateral such as movable assets and precious metals. In some instances, where the discounted recovery from the liquidation of collateral (adjusted for the liquidity haircut and discounted for the period of expected workout time) is larger than the estimated exposure at default, no credit loss allowance is recognised. Collateral values include the contractual price of third-party guarantees, which, due to their nature, are capped at the loan\u2019s carrying value. The values of third-party guarantees in the tables above amounted to GEL 73,728 thousand and GEL 79,080 thousand as of 31 December 2025 and 2024, respectively. Refer to Note 42 for the estimated fair value of each class of loans and advances to customers. Interest rate analysis of loans and advances to customers is disclosed in Note 37. Information on related party balances is disclosed in Note 44. For the year ended 31 December 2025 amortised cost of loans with lifetime ECL immediately before contractual modification that was not a derecognition event was GEL 415,355 thousand (31 December 2024: GEL 1,358,144 thousand). During 2025, gains less losses recognised in profit or loss on modifications of loans with lifetime ECL that did not lead to derecognition was GEL 5 thousand (2024: nil). As at 31 December 2025 gross carrying amount of loans that were contractually modified (without derecognition) in the past when measured at lifetime ECL and which were reclassified to Stage 1 (12 months ECL) during the current year was GEL 52,235 thousand (31 December 2024: GEL 354,202 thousand). As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC, loans to subsidiaries represent amounts issued for Uzbekistan operations. The carrying value amounted to GEL 53,497 thousand for USD- denominated loans (2024: GEL 108,027 thousand) and GEL 534,795 thousand for UZS-denominated loans (2024: GEL 42,278 thousand). There were no overdue amounts as at the reporting date; the loans were classified as Stage 1 and carried a very low loan credit risk category. For the definition of Uzbekistan operations, refer to Note 29.
11. Investment Securities Investment securities comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624 Investment securities measured at fair value through Profit and loss 23,859 - Bonds carried at amortised cost 492,192 173,852 Total Investment Securities 6,251,550 5,538,476 Investment securities measured at fair value through other comprehensive income comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Corporate bonds Gross carrying amount 1,891,646 1,317,070 ECL (Stage 1) (576) (444) Fair value adjustment 1,043 (992) Corporate bonds measured at FVTOCI 1,892,113 1,315,634 Ministry of Finance of Georgia treasury bills Gross carrying amount 2,749,904 2,617,815 ECL (Stage 1) (2,499) (4,848) Fair value adjustment (16,873) 39,133 Ministry of Finance of Georgia treasury bills at FVTOCI 2,730,532 2,652,100 Certificates of Deposit of the NBG Gross carrying amount 9,890 - ECL (Stage 1) (2) - Fair value adjustment 5 - Certificates of Deposit of the NBG at FVTOCI 9,893 - Foreign government treasury bills Gross carrying amount 1,106,154 1,395,463 ECL (Stage 1) (107) (7) Fair value adjustment (4,243) 182 Foreign government treasury bills at FVTOCI 1,101,804 1,395,638 Total investment securities measured at fair value through other comprehensive income excluding corporate shares 5,734,342 5,363,372 Corporate shares \u2013 unquoted 1,157 1,252 Total investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624
All debt securities in 2025 and 2024 except for corporate bonds and foreign government treasury bills are issued by the Government of Georgia and National Bank of Georgia. Country rating for Georgia stands at \u2018BB\u2019 with stable outlook (as assigned by Fitch rating agency in November 2025). 82.7% of corporate bonds is issued by AAA rated international financial institutions, 7.2% of corporate bonds are issued by BBB rating and BB 10.1%. Information includes credit ratings assigned by the international rating agencies (Standard & Poor\u2019s, Fitch), for those financial institutions which are not assigned credit ratings, country ratings are used. The foreign government treasury bills include treasury bills issued by the Governments of the United States of America (76.4% of the total foreign government treasury bills in 2025 and 99.9% in 2024), Swiss Confederation (8.1% of the total foreign government treasury bills in 2025 and nil in 2024), Romania (6.9% of the total foreign government treasury bills in 2025 and nil in 2024) and Uzbekistan (0.1% of the total foreign government treasury bills in 2025 and 0.1% in 2024). The country ratings for the United States of America, Swiss Confederation, Romania and Uzbekistan, stand at \u2018AA+\u2019, \u2018AAA\u2019, \u2018BBB-\u2018 and \u2018BB\u2019 respectively as assigned by Fitch rating agency in 2025. The Group designated investments in corporate shares disclosed in the above table as equity securities at FVTOCI. The FVTOCI designation was made because the investments are expected to be held primarily for liquidity management or medium-term investment purposes instead of short-term profit making from subsequent sales. As at 31 December 2025 investment securities measured at fair value through other comprehensive income carried at GEL 1,218,669 thousand have been pledged for the borrowings from the National Bank of Georgia (2024: GEL 2,538,803 thousand). The investment securities measured at fair value through other comprehensive income are pledged under the monetary policy framework for the borrowings from the National Bank of Georgia. The pledged instruments are the treasury bills issued by the government of Georgia (GEL 1,218,669 thousand in 2025 and GEL 1,972,203 thousand in 2024) and corporate bonds ( nil in 2025 and GEL 566,600 thousand in 2024). The movements in investment securities measured at fair value through other comprehensive income are as follows: In thousands of GEL 2025 2024 Carrying amount as of 1 January 5,364,624 3,475,461 Purchases 5,071,473 7,349,079 Disposals (2,256,912) (715,242) Redemption at maturity (2,447,869) (4,699,257) Revaluation (56,928) 25,459 Interest income accrued 417,663 329,008 Interest income received (394,147) (289,436) Effect of translation to presentation currency (2,932) 30,764 Transfer from/(to) repurchase receivables 38,410 (140,058) Changes in credit loss allowance 2,117 (1,154) Carrying amount as of 31 December 5,735,499 5,364,624
Bonds carried at amortised cost, comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Central Bank of Uzbekistan bills 203,953 155,553 Ministry of Finance of Uzbekistan treasury bills 285,755 10,540 Corporate bonds 3,435 8,340 Total gross amount of bonds carried at amortised cost 493,143 174,433 Less: credit loss allowance by stages (951) (581) Stage 1 (951) (581) Total bonds carried at amortised cost 492,192 173,852 The Latest country rating for Uzbekistan stands at BB. The movements in bonds carried at amortised cost are as follows: In thousands of GEL 2025 2024 Carrying amount at 1 January 173,852 73,963 Purchases 464,479 207,731 Redemption at maturity (174,668) (117,511) Interest income accrued 41,158 15,657 Interest income received (24,324) (5,911) Effect of translation to presentation currency 12,065 406 Changes in credit loss allowance (370) (483) Carrying amount as of 31 December 492,192 173,852 For the fair value disclosure of the bonds carried at amortised cost refer to Note 42. An analysis on interest rate for bonds carried at amortised cost is disclosed in Note 37. As at 31 December 2025 none of the bonds carried at amortised cost have been pledged to local banks or financial
12. Other Financial Assets In thousands of GEL 31 December 2025 31 December 2024 Receivables from plastic card service providers 87,825 72,999 Receivables on credit card services and money transfers 85,190 67,519 Receivables on terminated leases 77,664 56,670 Derivative financial assets 43,746 156,598 Derivatives margin 31,506 13,501 Receivables on guarantees and letters of credit 23,261 23,990 Advances paid to promotional service provider 17,677 20,091 Reinsurance receivables 15,707 11,178 Trade receivables 9,700 6,017 Government subsidy related receivables 3,271 4,283 Receivables from leasing suppliers 1,302 1,309 Receivables from sales of non-financial assets - 413 Other 46,748 44,620 Total gross amount of other financial assets 443,597 479,188 Less: credit loss allowance (50,684) (42,614) Total other financial assets 392,913 436,574 Derivatives margin is held as collateral for derivative financial instruments. Refer to Note 42 for disclosure of the fair value of other financial assets. Refer to Note 41 for disclosure of derivative financial assets. Credit quality of other financial assets subject to ECL is analysed below: Credit loss allowance ranges In thousands of GEL 0-10% 10%-30% 30%-80% 80%-100% 31 December 2025 Gross amount 310,165 30,645 22,854 36,187 Credit loss allowance (843) (5,878) (9,974) (33,989) Net carrying amount 309,322 24,767 12,880 2,198 31 December 2024 Gross amount 257,594 23,699 7,445 33,852 Credit loss allowance (1,530) (4,669) (3,933) (32,482) Net carrying amount 256,064 19,030 3,512 1,370
As at 31 December 2025 credit loss allowance for Investment securities measured at FVTOCI sold under sale and repurchase agreements was GEL 96 thousand (2024: nil). Meanwhile credit risk category of total portfolio is classified as very low.
14. Finance Lease Receivables As at 31 December 2025 finance lease receivables comprised of GEL 842,436 thousand (2024: GEL 612,320 thousand). The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralized assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cundercollateralized assets\u201d). Finance lease payments receivable and their present values as of 31 December 2025 are as follows: In thousands of GEL Due in 1 year Due between 1 and 2 years Due between 2 and 3 years Due between 3 and 4 years Due between 4 and 5 years Due in 5 years or more Total Lease payments receivable 590,679 254,394 104,400 70,139 47,541 107,387 1,174,540 Unearned finance income (141,763) (61,835) (30,145) (19,388) (12,519) (23,827) (289,477) Credit loss allowance (32,568) (5,754) (1,405) (869) (600) (1,431) (42,627) Present value of lease payments receivable 416,348 186,805 72,850 49,882 34,422 82,129 842,436 Finance lease payments receivable and their present values as of 31 December 2024 are as follows: In thousands of GEL Due in 1 year Due between 1 and 2 years Due between 2 and 3 years Due between 3 and 4 years Due between 4 and 5 years Due in 5 years or more Total Lease payments receivable 414,789 158,168 84,509 58,387 39,223 88,216 843,292 Unearned finance income (86,936) (49,896) (24,365) (16,293) (10,579) (22,222) (210,291) Credit loss allowance (12,956) (3,418) (1,358) (962) (601) (1,386) (20,681) Present value of lease payments receivable 314,897 104,854 58,786 41,132 28,043 64,608 612,320 For fair values refer to Note 42.
The following table discloses the changes in the credit loss allowance and gross carrying amount for finance lease receivables for the year ended 2025: Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 538,471 70,065 24,465 633,001 10,217 5,730 4,734 20,681 Transfers - to lifetime (from Stage 1 and Stage 3 to Stage 2) (259,582) 271,001 (11,419) - (24,573) 25,003 (430) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (743) (122,643) 123,386 - (66) (22,427) 22,493 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 123,192 (119,242) (3,950) - 1,648 (1,629) (19) - New originated or purchased 825,960 - - 825,960 30,427 - - 30,427 Derecognised or fully repaid during the period (264,659) (7,712) (12,974) (285,345) (6,615) (1,833) (2,943) (11,391) Net repayments (211,198) (21,137) (14,732) (247,067) - - - - Foreign exchange movements 11,479 1,860 684 14,023 350 176 407 933 Other movements - - (55,509) (55,509) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 3,871 1,774 (3,668) 1,977 At 31 December 2025 762,920 72,192 49,951 885,063 15,259 6,794 20,574 42,627
The following table discloses the changes in the credit loss allowance and gross carrying amount for finance lease receivables for the year ended 2024: Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 328,044 59,669 23,554 411,267 3,475 3,277 4,104 10,856 Transfers - to lifetime (from Stage 1 and Stage 3 to Stage 2) (60,953) 63,674 (2,721) - (3,555) 4,139 (584) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (2,483) (17,086) 19,569 - (237) (2,202) 2,439 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 7,642 (7,421) (221) - 805 (710) (95) - New originated or purchased 407,658 - - 407,658 12,600 - - 12,600 Derecognised or fully repaid during the period (96,958) (25,984) (14,953) (137,895) (1,248) (1,685) (3,053) (5,986) Net repayments (45,360) (3,100) (4,696) (53,156) - - - - Foreign exchange movements 901 280 341 1,522 (34) 1 (14) (47) Other movements (20) 33 3,592 3,605 - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (1,589) 2,910 1,937 3,258 At 31 December 2024 538,471 70,065 24,465 633,001 10,217 5,730 4,734 20,681
As at 31 December 2025, credit quality of finance lease receivables is analysed below: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Finance lease receivables risk category - Very low 706,760 - - 706,760 - Low 56,111 16,713 - 72,824 - Moderate 49 38,379 - 38,428 - High - 17,100 - 17,100 - Default - - 49,951 49,951 Gross carrying amount 762,920 72,192 49,951 885,063 Credit loss allowance (15,259) (6,794) (20,574) (42,627) Carrying amount 747,661 65,398 29,377 842,436 As at 31 December 2024, credit quality of finance lease receivables is analysed below: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Finance lease receivables risk category - Very low 507,376 - - 507,376 - Low 31,095 10,440 - 41,535 - Moderate - 51,869 - 51,869 - High - 7,756 - 7,756 - Default - - 24,465 24,465 Gross carrying amount 538,471 70,065 24,465 633,001 Credit loss allowance (10,217) (5,730) (4,734) (20,681) Carrying amount 528,254 64,335 19,731 612,320
Please refer to Note 37 for the definitions of the credit quality grades. The effect of collateral as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets Gross carrying value of the assets Fair value of collateral Gross carrying value of the assets Fair value of collateral In thousands of GEL Finance lease receivables 458,760 748,439 426,303 105,571 Total 458,760 748,439 426,303 105,571 The effect of collateral as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets Gross carrying value of the assets Fair value of collateral Gross carrying value of the assets Fair value of collateral In thousands of GEL Finance lease receivables 334,337 535,210 298,664 78,257 Total 334,337 535,210 298,664 78,257 The following table presents the potential ECL balances for Stage 3 finance lease receivables without consideration of collateral: 31 December 2025 31 December 2024 Gross carrying amount Credit loss allowance without collaterals Gross carrying amount Credit loss allowance without collaterals In thousands of GEL Stage 3 49,951 (20,896) 24,465 (5,249) Total 49,951 (20,896) 24,465 (5,249)
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-651": {
"value": "7. Reverse Repurchase Receivables In thousands of GEL 31 December 2025 31 December 2024 Reverse repurchase receivables 184,979 - Total reverse repurchase receivables 184,979 - As at 31 December 2025 there were GEL 197,099 thousand investment securities held as collateral against reverse repurchase receivables (2024: nil). 100% of these amounts are placed with AAA rated financial institutions.
13. Repurchase Receivables Repurchase receivables represent securities sold under sale and repurchase agreements which the counterparty has the right, by contract or custom, to sell or repledge. In thousands of GEL 31 December 2025 31 December 2024 Investment securities measured at FVTOCI sold under sale and repurchase agreements 101,648 140,058 Total repurchase receivables 101,648 140,058
As at 31 December 2025 credit loss allowance for Investment securities measured at FVTOCI sold under sale and repurchase agreements was GEL 96 thousand (2024: nil). Meanwhile credit risk category of total portfolio is classified as very low.
In 2024 the Group entered a non\u2011deliverable cross\u2011currency basis asset swap, effective 27 December 2024. The Group transferred title of GEL 143.5 million securities in exchange for USD 49.45 million in US Treasury bonds. The transaction was governed by the ISDA Master Agreement. The arrangement matured on 27 June 2025. 8. Due from Other Banks Amounts due from other banks include placements with original maturities of more than three months, that are not collateralised and do not represent past due amounts as at 31 December 2025 and 31 December 2024. Credit ratings of placements with and receivables from other banks with original maturities of more than three months and restricted cash were as follows: In thousands of GEL 31 December 2025 31 December 2024 A 11,814 10,910 BB 32,851 9,617 BB- 8,449 - B+ 29,262 24,971 B 34,429 - B- 26,345 - Total placements with and receivables from other banks with original maturities of more than three months and restricted cash 143,150 45,498 As at 31 December 2025 the Group had two placements, with original maturities of more than three months and with aggregated amounts above GEL 5,000 thousand (2024: two). The total amount of these placements was GEL 34,234 thousand (2024: GEL 19,481 thousand). The total aggregated amount of placements with other banks with original maturities of more than three months was GEL 143,740 thousand (2024: GEL 45,429 thousand) or 99.5% of the total amount due from other banks (2024: 99.8%). As at 31 December 2025 GEL 692 thousand (2024: GEL 695 thousand) were kept on deposits as restricted cash under an arrangement with a credit card company or credit card related services with other banks. For the estimated fair values of due from other bank balances please refer to Note 42. For the purpose of ECL measurement due from other banks balances are included in Stage 1. The ECL for these balances at 31 December 2025 is GEL 1,282 thousand (2024: GEL 627 thousand).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLoansAndAdvancesToBanksExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-653": {
"value": "9. Mandatory Cash Balances With NBG Mandatory cash balances with the National Bank of Georgia (\u201cNBG\u201d) represent amounts deposited with the NBG. Resident financial institutions are required to maintain an interest-earning obligatory reserve with the NBG, the amount of which depends on the level of funds attracted by the financial institutions. The Bank earned up to 0.62% and 0.28% annual interest in USD and EUR, respectively, on mandatory reserve with NBG during the year 2025 (2024: 0% and 0% in USD and EUR, respectively). In November 2025, Fitch Ratings has affirmed Georgia\u2019s Long-Term Foreign and Local Currency Issuer Default Rating (IDRs) at \u2018BB\u2019 and has revised the Outlook from Negative to Stable. The country ceiling is affirmed at \u2019BBB- \u2018, while short- term foreign and local-currency IDRs are kept at \u2018B\u2019.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-654": {
"value": "10. Loans and Advances to Customers In thousands of GEL 31 December 2025 31 December 2024 Corporate loans 11,340,467 9,848,706 Loans to micro, small and medium enterprises 6,287,443 5,948,420 Consumer loans 6,266,241 5,164,603 Mortgage loans 5,373,055 5,126,953 Total gross loans and advances to customers at amortised cost (AC) 29,267,206 26,088,682 Less: credit loss allowance: (544,859) (404,884) Stage 1 (152,675) (138,293) Stage 2 (114,161) (81,043) Stage 3 (278,023) (185,548) Total loans and advances to customers at amortised cost (AC) 28,722,347 25,683,798 As at 31 December 2025 loans and advances to customers carried at GEL 1,645,745 thousand have been pledged as collateral for the borrowings from the National Bank of Georgia (2024: GEL 1,118,011 thousand). The loans and advances to customers are pledged under the monetary policy framework for the borrowings from the National Bank of Georgia.
The following tables disclose the changes in the credit loss allowance and gross carrying amount for loans and advances to customers carried at amortised cost between the beginning and the end of the reporting period. Below main movements in the table are described: \u2022 Transfers occur between Stage 1, 2 and 3, due to significant increases (or decreases) of credit risk or exposures becoming defaulted in the period, and the consequent \u201cstep up\u201d (or \u201cstep down\u201d) between 12-month and Lifetime ECL. It should be noted, that: \u00b0 For loans, which existed at the beginning of the previous month, opening exposures are disclosed as transfer amounts; \u00b0 For newly issued loans, exposures upon issuance are disclosed as transfer amounts; \u2022 New originated or purchased gives us information regarding gross loans issued and corresponding credit loss allowance created during the period (however, exposures which were issued and repaid during the period and issued to refinance existing loans are excluded); \u2022 Derecognised during the period refers to the balance of loans and credit loss allowance at the beginning of the period, which were fully repaid during the period. Exposures which were issued and not fully repaid during the period, written off or refinanced by other loans, are excluded; \u2022 Net repayments refer to the net changes in gross carrying amounts, which is loan disbursements less repayments, excluding loans that were fully repaid; \u2022 Write-offs refer to write off of loans during the period; \u2022 Foreign exchange movements refer to the translation of assets denominated in foreign currencies and effect to translation in presentational currency for foreign subsidiary; \u2022 Net re-measurement due to stage transfers and risk parameters changes refers to the movements in ECL as a result of transfer of exposure between stages or changes in risk parameters and forward-looking expectations; \u2022 Modification refers to changes in terms that do not result in derecognition; \u2022 Re-segmentation refers to the transfer of loans from one reporting segment to another. For presentation purposes, amounts are rounded to the nearest thousands of GEL, which in certain cases is disclosed as nil. \u2022 For details of expected credit loss (ECL) methodology refer to Note 37.
Total loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 24,051,415 1,462,901 574,366 26,088,682 138,293 81,043 185,548 404,884 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (2,934,448) 2,969,054 (34,606) - (87,902) 101,923 (14,021) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (53,900) (733,492) 787,392 - (6,859) (90,990) 97,849 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 1,444,782 (1,442,002) (2,780) - 102,608 (101,156) (1,452) - New originated or purchased 17,874,061 - - 17,874,061 270,530 - - 270,530 Derecognised or fully repaid during the period (10,029,583) (211,181) (117,803) (10,358,567) (149,335) (13,979) (39,398) (202,712) Net repayments (3,899,069) (189,331) (103,546) (4,191,946) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments* - - - - (116,235) 136,179 376,004 395,948 Movements without impact on credit loss allowance charge for the period: Write-offs - - (331,376) (331,376) - - (331,376) (331,376) Changes in accrued interest 44,899 14,964 8,716 68,579 - - - - Modification 753 (163) 180 770 (41) - 78 37 Foreign exchange movements 91,312 16,864 8,827 117,003 1,616 1,141 4,791 7,548 At 31 December 2025 26,590,222 1,887,614 789,370 29,267,206 152,675 114,161 278,023 544,859
Total loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 20,337,024 1,320,300 416,355 22,073,679 104,666 88,065 158,841 351,572 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (2,538,621) 2,603,644 (65,023) - (99,835) 117,215 (17,380) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (38,921) (524,744) 563,665 - (9,380) (102,183) 111,563 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 1,616,497 (1,614,245) (2,252) - 99,449 (97,821) (1,628) - New originated or purchased 13,999,349 - - 13,999,349 247,466 - - 247,466 Derecognised or fully repaid during the period (7,163,036) (186,309) (87,482) (7,436,827) (79,726) (15,516) (32,181) (127,423) Net repayments (2,406,351) (148,126) (72,290) (2,626,767) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments* - - - - (125,065) 90,935 156,450 122,320 Movements without impact on credit loss allowance charge for the period: Write-offs - - (191,297) (191,297) - - (191,297) (191,297) Changes in accrued interest 12,068 1,457 8,406 21,931 - - - - Modification 1,816 241 (69) 1,988 5 2 43 50 Foreign exchange movements 231,590 10,683 4,353 246,626 713 346 1,137 2,196 At 31 December 2024 24,051,415 1,462,901 574,366 26,088,682 138,293 81,043 185,548 404,884 *Movements with impact on credit loss allowance charge for the period differs from statement of profit or loss with amount of recoveries and unwinding of discount of GEL 82,976 thousand in 2025 (2024: GEL 65,498 thousand). The amount of recoveries include recoveries from sale of written off portfolio in the
amount of GEL 13,290 thousand sold in 2025 (2024: GEL 7,047 thousand)Corporate loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 9,054,002 638,105 156,599 9,848,706 15,524 1,528 36,862 53,914 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (608,560) 613,211 (4,651) - (1,146) 1,146 - - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (18,719) (92,848) 111,567 - (806) (41) 847 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 102,446 (101,488) (958) - 1,249 (486) (763) - New originated or purchased 6,392,599 - - 6,392,599 40,794 - - 40,794 Derecognised or fully repaid during the period (4,377,089) (36,115) (11,203) (4,424,407) (49,783) (39) (1,854) (51,676) Net repayments (631,123) (45,259) (11,186) (687,568) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 9,265 (80) 23,496 32,681 Movements without impact on credit loss allowance charge for the period: Re-segmentation 181,504 35 391 181,930 825 14 201 1,040 Write-offs - - (3,310) (3,310) - - (3,310) (3,310) Changes in accrued interest 17,162 1,482 6,560 25,204 - - - - Modification 289 (61) (24) 204 - - (11) (11) Foreign exchange movements (7,392) 10,657 3,844 7,109 15 7 922 944 At 31 December 2025 10,105,119 987,719 247,629 11,340,467 15,937 2,049 56,390 74,376
Corporate loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 7,739,101 410,366 114,138 8,263,605 18,454 2,445 32,606 53,505 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (384,704) 411,661 (26,957) - (1,759) 3,960 (2,201) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (19,209) (85,929) 105,138 - (5,533) (1,645) 7,178 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 54,757 (54,757) - - 211 (209) (2) - New originated or purchased 5,206,364 - - 5,206,364 34,834 - - 34,834 Derecognised or fully repaid during the period (3,969,700) (37,114) (14,537) (4,021,351) (44,166) (100) (2,030) (46,296) Net repayments 130,101 (12,213) (7,269) 110,619 - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 12,257 (2,968) 18,012 27,301 Movements without impact on credit loss allowance charge for the period: Re-segmentation 161,798 3,972 (3,170) 162,600 981 14 - 995 Write-offs - - (16,827) (16,827) - - (16,827) (16,827) Changes in accrued interest (3,106) (3,193) 5,565 (734) - - - - Modification 947 354 9 1,310 3 - 4 7 Foreign exchange movements 137,653 4,958 509 143,120 242 31 122 395 At 31 December 2024 9,054,002 638,105 156,599 9,848,706 15,524 1,528 36,862 53,914
MSME Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 5,423,532 256,764 268,124 5,948,420 28,936 23,893 60,422 113,251 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (751,364) 759,232 (7,868) - (16,493) 19,823 (3,330) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (17,575) (178,458) 196,033 - (1,893) (22,955) 24,848 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 367,443 (367,408) (35) - 25,089 (25,065) (24) - New originated or purchased 2,836,764 - - 2,836,764 52,809 - - 52,809 Derecognised or fully repaid during the period (1,051,042) (77,408) (72,044) (1,200,494) (11,524) (5,483) (15,354) (32,361) Net repayments (1,176,880) (62,005) (60,357) (1,299,242) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (46,474) 32,951 46,451 32,928 Movements without impact on credit loss allowance charge for the period: Re-segmentation (14,640) 5,993 4,777 (3,870) 3,257 1,736 2,537 7,530 Write-offs - - (41,900) (41,900) - - (41,900) (41,900) Changes in accrued interest 14,040 2,454 (1,701) 14,793 - - - - Modification 165 23 188 376 2 9 78 89 Foreign exchange movements 30,863 1,217 516 32,596 301 141 921 1,363 At 31 December 2025 5,661,306 340,404 285,733 6,287,443 34,010 25,050 74,649 133,709
MSME Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 4,982,978 325,283 178,527 5,486,788 24,158 32,785 51,797 108,740 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (695,446) 714,111 (18,665) - (16,250) 22,040 (5,790) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (5,548) (234,570) 240,118 - (1,087) (30,809) 31,896 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 435,001 (434,154) (847) - 28,604 (27,425) (1,179) - New originated or purchased 2,910,982 - - 2,910,982 65,295 - - 65,295 Derecognised or fully repaid during the period (1,108,843) (51,950) (48,626) (1,209,419) (7,448) (5,220) (13,287) (25,955) Net repayments (1,000,832) (63,067) (48,267) (1,112,166) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (63,725) 32,429 37,783 6,487 Movements without impact on credit loss allowance charge for the period: Re-segmentation (145,839) (4,140) 3,139 (146,840) (878) (36) - (914) Write-offs - - (41,377) (41,377) - - (41,377) (41,377) Changes in accrued interest 7,779 2,625 1,185 11,589 - - - - Modification 205 (105) (110) (10) - 5 13 18 Foreign exchange movements 43,095 2,731 3,047 48,873 267 124 566 957 At 31 December 2024 5,423,532 256,764 268,124 5,948,420 28,936 23,893 60,422 113,251
Consumer loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 4,830,615 236,633 97,355 5,164,603 92,249 49,323 68,170 209,742 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (1,042,604) 1,050,939 (8,335) - (68,951) 74,436 (5,485) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (10,968) (434,771) 445,739 - (3,361) (66,714) 70,075 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 389,589 (388,521) (1,068) - 70,200 (69,535) (665) - New originated or purchased 7,262,224 - - 7,262,224 175,704 - - 175,704 Derecognised or fully repaid during the period (4,205,271) (41,130) (18,070) (4,264,471) (87,833) (7,143) (17,357) (112,333) Net repayments (1,471,601) (56,745) (25,630) (1,553,976) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (74,177) 102,880 294,658 323,361 Movements without impact on credit loss allowance charge for the period: Re-segmentation (133,773) (5,689) (5,102) (144,564) (4,109) (1,743) (2,729) (8,581) Write-offs - - (282,186) (282,186) - - (282,186) (282,186) Changes in accrued interest 14,091 11,426 4,542 30,059 - - - - Modification 16 (7) 11 20 (43) (7) 7 (43) Foreign exchange movements 48,071 2,875 3,586 54,532 1,300 999 2,610 4,909 At 31 December 2025 5,680,389 375,010 210,842 6,266,241 100,979 82,496 127,098 310,573
Consumer loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 3,296,256 218,195 79,101 3,593,552 60,181 45,289 56,600 162,070 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (661,606) 668,530 (6,924) - (80,217) 84,504 (4,287) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (7,147) (169,789) 176,936 - (1,912) (68,540) 70,452 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 395,523 (394,823) (700) - 63,287 (62,873) (414) - New originated or purchased 4,466,856 - - 4,466,856 145,970 - - 145,970 Derecognised or fully repaid during the period (1,691,846) (47,184) (13,158) (1,752,188) (27,932) (8,958) (13,253) (50,143) Net repayments (991,355) (42,143) (11,363) (1,044,861) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (67,249) 59,723 87,812 80,286 Movements without impact on credit loss allowance charge for the period: Re-segmentation 1,840 744 - 2,584 (75) 60 (25) (40) Write-offs - - (128,959) (128,959) - - (128,959) (128,959) Changes in accrued interest 7,743 2,610 2,109 12,462 - - - - Modification 189 (36) 13 166 2 (4) 8 6 Foreign exchange movements 14,162 529 300 14,991 194 122 236 552 At 31 December 2024 4,830,615 236,633 97,355 5,164,603 92,249 49,323 68,170 209,742
Mortgage loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 4,743,266 331,399 52,288 5,126,953 1,584 6,299 20,094 27,977 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (531,920) 545,672 (13,752) - (1,312) 6,518 (5,206) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (6,638) (27,415) 34,053 - (799) (1,280) 2,079 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 585,304 (584,585) (719) - 6,070 (6,070) - - New originated or purchased 1,382,474 - - 1,382,474 1,223 - - 1,223 Derecognised or fully repaid during the period (396,181) (56,528) (16,486) (469,195) (195) (1,314) (4,833) (6,342) Net repayments (619,465) (25,322) (6,373) (651,160) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (4,849) 428 11,399 6,978 Movements without impact on credit loss allowance charge for the period: Re-segmentation (33,091) (339) (66) (33,496) 27 (7) (9) 11 Write-offs - - (3,980) (3,980) - - (3,980) (3,980) Changes in accrued interest (394) (398) (685) (1,477) - - - - Modification 283 (118) 5 170 - (2) 4 2 Foreign exchange movements 19,770 2,115 881 22,766 - (6) 338 332 At 31 December 2025 5,143,408 184,481 45,166 5,373,055 1,749 4,566 19,886 26,201
Mortgage loans Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 4,318,689 366,456 44,589 4,729,734 1,873 7,546 17,838 27,257 Movements with impact on credit loss allowance charge for the period: Transfers: - to lifetime (from Stage 1 and Stage 3 to Stage 2) (796,865) 809,342 (12,477) - (1,609) 6,711 (5,102) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (7,017) (34,456) 41,473 - (848) (1,189) 2,037 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 731,216 (730,511) (705) - 7,347 (7,314) (33) - New originated or purchased 1,415,147 - - 1,415,147 1,367 - - 1,367 Derecognised or fully repaid during the period (392,647) (50,061) (11,161) (453,869) (180) (1,238) (3,611) (5,029) Net repayments (544,265) (30,703) (5,391) (580,359) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (6,348) 1,751 12,843 8,246 Movements without impact on credit loss allowance charge for the period: Re-segmentation (17,799) (576) 31 (18,344) (28) (38) 25 (41) Write-offs - - (4,134) (4,134) - - (4,134) (4,134) Changes in accrued interest (348) (585) (453) (1,386) - - - - Modification 475 28 19 522 - 1 18 19 Foreign exchange movements 36,680 2,465 497 39,642 10 69 213 292 At 31 December 2024 4,743,266 331,399 52,288 5,126,953 1,584 6,299 20,094 27,977 No post model overlays have been processed as of 31 December 2025 (2024: nil).
The credit quality of loans to customers carried at amortised cost at 31 December 2025 is as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Corporate loans risk category - Very low 9,901,369 604 - 9,901,973 - Low 203,689 962,721 - 1,166,410 - Moderate 61 24,394 - 24,455 - Default - - 247,629 247,629 Gross carrying amount 10,105,119 987,719 247,629 11,340,467 Credit loss allowance (15,937) (2,049) (56,390) (74,376) Carrying amount 10,089,182 985,670 191,239 11,266,091 Loans to MSME risk category - Very low 4,619,592 8,610 - 4,628,202 - Low 1,001,989 61,232 - 1,063,221 - Moderate 38,584 231,980 - 270,564 - High 1,141 38,582 - 39,723 - Default - - 285,733 285,733 Gross carrying amount 5,661,306 340,404 285,733 6,287,443 Credit loss allowance (34,010) (25,050) (74,649) (133,709) Carrying amount 5,627,296 315,354 211,084 6,153,734 Consumer loans risk category - Very low 3,525,545 21,224 - 3,546,769 - Low 1,806,416 48,725 - 1,855,141 - Moderate 348,428 220,619 - 569,047 - High - 84,442 - 84,442 - Default - - 210,842 210,842 Gross carrying amount 5,680,389 375,010 210,842 6,266,241 Credit loss allowance (100,979) (82,496) (127,098) (310,573) Carrying amount 5,579,410 292,514 83,744 5,955,668 Mortgage loans risk category - Very low 3,828,763 9,918 - 3,838,681 - Low 1,191,356 16,782 - 1,208,138 - Moderate 123,289 136,161 - 259,450 - High - 21,620 - 21,620 - Default - - 45,166 45,166 Gross carrying amount 5,143,408 184,481 45,166 5,373,055 Credit loss allowance (1,749) (4,566) (19,886) (26,201) Carrying amount 5,141,659 179,915 25,280 5,346,854
The credit quality of loans to customers carried at amortised cost at 31 December 2024 is as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Corporate loans risk category - Very low 8,870,847 - - 8,870,847 - Low 182,630 469,886 - 652,516 - Moderate 525 168,219 - 168,744 - Default - - 156,599 156,599 Gross carrying amount 9,054,002 638,105 156,599 9,848,706 Credit loss allowance (15,524) (1,528) (36,862) (53,914) Carrying amount 9,038,478 636,577 119,737 9,794,792 Loans to MSME risk category - Very low 4,371,686 10,659 - 4,382,345 - Low 997,903 78,450 - 1,076,353 - Moderate 52,714 129,810 - 182,524 - High 1,229 37,845 - 39,074 - Default - - 268,124 268,124 Gross carrying amount 5,423,532 256,764 268,124 5,948,420 Credit loss allowance (28,936) (23,893) (60,422) (113,251) Carrying amount 5,394,596 232,871 207,702 5,835,169 Consumer loans risk category - Very low 2,932,274 4,135 - 2,936,409 - Low 1,586,412 21,077 - 1,607,489 - Moderate 311,929 169,440 - 481,369 - High - 41,981 - 41,981 - Default - - 97,355 97,355 Gross carrying amount 4,830,615 236,633 97,355 5,164,603 Credit loss allowance (92,249) (49,323) (68,170) (209,742) Carrying amount 4,738,366 187,310 29,185 4,954,861 Mortgage loans risk category - Very low 3,567,829 10,691 - 3,578,520 - Low 1,117,222 107,742 - 1,224,964 - Moderate 58,215 190,032 - 248,247 - High - 22,934 - 22,934 - Default - - 52,288 52,288 Gross carrying amount 4,743,266 331,399 52,288 5,126,953 Credit loss allowance (1,584) (6,299) (20,094) (27,977) Carrying amount 4,741,682 325,100 32,194 5,098,976
Please refer to note 37 for the definitions of the credit quality grades. The contractual amounts outstanding on loans to customers that have been written off during the period partially or fully but are still subject to enforcement activity was principal amount GEL 176,366 thousand (31 December 2024: GEL 58,220 thousand) and accrued interest GEL 49,650 thousand (31 December 2024: GEL 7,784 thousand). Economic sector risk concentrations within the customer loan portfolio are as follows: 31 December 2025 31 December 2024 In thousands of GEL Amount Percentage (%) Amount Percentage (%) Individual 11,790,524 40% 10,701,680 41% Real Estate 3,404,763 12% 2,816,094 11% Construction 1,742,021 6% 1,578,826 6% Trade 1,667,971 6% 1,686,918 6% Food Industry 1,434,190 5% 1,353,283 5% Hospitality, Restaurants & Leisure 1,227,208 4% 1,323,642 5% Agriculture 1,056,809 4% 1,044,920 4% Energy & Utilities 933,201 3% 895,637 3% Financial Services 929,959 3% 456,224 2% Services 786,594 3% 590,700 2% Healthcare 514,707 2% 580,472 2% Transportation 433,423 1% 380,751 1% Automotive 351,097 1% 223,788 1% Pawn Shops 320,833 1% 245,453 1% Metals and Mining 183,017 < 1% 191,429 1% Communication 107,373 < 1% 34,004 < 1% Other 2,383,516 8% 1,984,861 8% Total gross loans and advances to customers 29,267,206 100% 26,088,682 100% As of 31 December 2025, the Group had 12 borrowers (2024: 9 borrowers) with aggregated gross loan amounts above GEL 100,000 thousand. The total aggregated amount of these loans was GEL 1,719,948 thousand (2024: GEL 1,472,144 thousand) or 5.9% of the gross loan portfolio (2024: 5.6%). The amount and type of collateral required depend on an assessment of the credit risk of the counterparty. There are three key types of collateral: \u2022 Real estate. \u2022 Movable property including fixed assets, inventory and precious metals; \u2022 Financial assets including deposits, shares, and third-party guarantees. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralised assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cunder- collateralised assets\u201d).
The effect of collateral as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Corporate loans 6,574,952 21,770,338 4,765,515 1,409,481 Consumer loans 1,517,878 3,799,758 4,748,363 35,388 Mortgage loans 5,109,364 11,107,103 263,691 128,615 Loans to micro, small and medium enterprises 4,750,762 11,556,376 1,536,681 425,696 Total 17,952,956 48,233,575 11,314,250 1,999,180 The effect of collateral as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Corporate loans 5,809,411 18,351,209 4,039,295 1,276,205 Consumer loans 1,372,297 3,533,669 3,792,306 28,355 Mortgage loans 4,887,712 10,672,774 239,241 98,636 Loans to micro, small and medium enterprises 4,767,331 11,395,454 1,181,089 398,545 Total 16,836,751 43,953,106 9,251,931 1,801,741 As at 31 December 2025 loans and advances to customers which were 1. over-collateralised and 2. credit loss allowance was nil, amounted to GEL 2,150,726 thousand (2024: GEL 2,228,380 thousand).
The effect of collateral by types as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Cash Cover 469,977 494,098 128,236 110,911 Gold 297,813 402,683 19,855 19,648 Inventory 616,029 8,331,320 316,591 159,895 Real Estate 16,569,137 39,005,474 2,967,218 1,708,726 Unsecured and secured solely by third party guarantees - - 7,882,350 - Total 17,952,956 48,233,575 11,314,250 1,999,180 The effect of collateral by types as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets In thousands of GEL Carrying value of the assets Fair value of collateral Carrying value of the assets Fair value of collateral Cash Cover 495,484 533,785 66,434 58,543 Gold 230,831 310,572 10,487 10,339 Inventory 860,198 6,280,516 326,944 161,456 Real Estate 15,248,883 36,824,105 2,490,223 1,571,304 Other 1,355 4,128 47 99 Unsecured and secured solely by third party guarantees - - 6,357,796 - Total 16,836,751 43,953,106 9,251,931 1,801,741 The financial effect of collateral is determined by comparing the fair value of collateral to outstanding gross loans and
advances on the reporting date. Stage 3 loans presented by segments and collateral classes as at 31 December 2025 are the following: Loans Total fair value of collaterals In thousands of GEL Corporate MSME Consumer Mortgage Cash Cover 61 1,591 27 - 151 Gold - - 1,375 - 1,729 Inventory 7,894 6,475 - - 68,301 Real Estate 227,677 249,934 17,899 43,892 872,382 Unsecured and secured solely by third party guarantees 11,997 27,733 191,541 1,274 - Total 247,629 285,733 210,842 45,166 942,563 Stage 3 loans presented by segments and collateral classes as at 31 December 2024 are the following: Loans Total fair value of collaterals In thousands of GEL Corporate MSME Consumer Mortgage Cash Cover 727 1,485 1 - 1,072 Gold - 37 1,096 - 1,303 Inventory 5,577 4,891 - - 69,057 Real Estate 141,076 245,640 15,521 51,598 769,207 Other - 1 55 - 74 Unsecured and secured solely by third party guarantees 9,219 16,070 80,682 690 - Total 156,599 268,124 97,355 52,288 840,713 The potential ECL balances, without consideration of collateral for stage 3 loans that are individually assessed, amounted GEL 45,293 thousand (31 December 2024: GEL 31,640 thousand). The ECL amounts after taking collateral into account, as well as the gross carrying amounts of the related loans, totalled GEL 18,684 thousand and GEL 87,263 thousand respectively (31 December 2024: GEL 11,396 thousand and GEL 49,452 thousand).
The gross carrying amount of stage 2 loans that have been modified since initial recognition at a time when the loss allowance was measured at an amount equal to lifetime expected credit losses and for which the loss allowance has changed during the reporting period to an amount equal to 12-month expected credit losses loans are the following: In thousands of GEL 31 December 2025 31 December 2024 Stage 1 43,992 265,864 Stage 2 111 49,586 Stage 3 - 1,417 Total 44,103 316,867 At the central level a specific unit manages collateral to ensure that they serve as an adequate mitigation for credit risk management purposes. In line with the Group's internal policies, collateral provided to loans are evaluated by the Internal Appraisal Group (external reviewers are used in case of loans to related parties or specific cases when complex objects are appraised). The Internal Appraisal Group is part of the collateral management unit and, in order to ensure adequate and objective appraisal procedures, it is independent from the loan granting process. Real estate collateral of significant value is re-evaluated annually by internal appraisers. Statistical methods are used to monitor the value of real estate collateral that are of non-significant value and other types of collateral such as movable assets and precious metals. In some instances, where the discounted recovery from the liquidation of collateral (adjusted for the liquidity haircut and discounted for the period of expected workout time) is larger than the estimated exposure at default, no credit loss allowance is recognised. Collateral values include the contractual price of third-party guarantees, which, due to their nature, are capped at the loan\u2019s carrying value. The values of third-party guarantees in the tables above amounted to GEL 73,728 thousand and GEL 79,080 thousand as of 31 December 2025 and 2024, respectively. Refer to Note 42 for the estimated fair value of each class of loans and advances to customers. Interest rate analysis of loans and advances to customers is disclosed in Note 37. Information on related party balances is disclosed in Note 44. For the year ended 31 December 2025 amortised cost of loans with lifetime ECL immediately before contractual modification that was not a derecognition event was GEL 415,355 thousand (31 December 2024: GEL 1,358,144 thousand). During 2025, gains less losses recognised in profit or loss on modifications of loans with lifetime ECL that did not lead to derecognition was GEL 5 thousand (2024: nil). As at 31 December 2025 gross carrying amount of loans that were contractually modified (without derecognition) in the past when measured at lifetime ECL and which were reclassified to Stage 1 (12 months ECL) during the current year was GEL 52,235 thousand (31 December 2024: GEL 354,202 thousand). As of 31 December 2025, in the separate statement of financial position of TBC Bank Group PLC, loans to subsidiaries represent amounts issued for Uzbekistan operations. The carrying value amounted to GEL 53,497 thousand for USD- denominated loans (2024: GEL 108,027 thousand) and GEL 534,795 thousand for UZS-denominated loans (2024: GEL 42,278 thousand). There were no overdue amounts as at the reporting date; the loans were classified as Stage 1 and carried a very low loan credit risk category. For the definition of Uzbekistan operations, refer to Note 29.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLoansAndAdvancesToCustomersExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-655": {
"value": "11. Investment Securities Investment securities comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624 Investment securities measured at fair value through Profit and loss 23,859 - Bonds carried at amortised cost 492,192 173,852 Total Investment Securities 6,251,550 5,538,476 Investment securities measured at fair value through other comprehensive income comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Corporate bonds Gross carrying amount 1,891,646 1,317,070 ECL (Stage 1) (576) (444) Fair value adjustment 1,043 (992) Corporate bonds measured at FVTOCI 1,892,113 1,315,634 Ministry of Finance of Georgia treasury bills Gross carrying amount 2,749,904 2,617,815 ECL (Stage 1) (2,499) (4,848) Fair value adjustment (16,873) 39,133 Ministry of Finance of Georgia treasury bills at FVTOCI 2,730,532 2,652,100 Certificates of Deposit of the NBG Gross carrying amount 9,890 - ECL (Stage 1) (2) - Fair value adjustment 5 - Certificates of Deposit of the NBG at FVTOCI 9,893 - Foreign government treasury bills Gross carrying amount 1,106,154 1,395,463 ECL (Stage 1) (107) (7) Fair value adjustment (4,243) 182 Foreign government treasury bills at FVTOCI 1,101,804 1,395,638 Total investment securities measured at fair value through other comprehensive income excluding corporate shares 5,734,342 5,363,372 Corporate shares \u2013 unquoted 1,157 1,252 Total investment securities measured at fair value through other comprehensive income 5,735,499 5,364,624
All debt securities in 2025 and 2024 except for corporate bonds and foreign government treasury bills are issued by the Government of Georgia and National Bank of Georgia. Country rating for Georgia stands at \u2018BB\u2019 with stable outlook (as assigned by Fitch rating agency in November 2025). 82.7% of corporate bonds is issued by AAA rated international financial institutions, 7.2% of corporate bonds are issued by BBB rating and BB 10.1%. Information includes credit ratings assigned by the international rating agencies (Standard & Poor\u2019s, Fitch), for those financial institutions which are not assigned credit ratings, country ratings are used. The foreign government treasury bills include treasury bills issued by the Governments of the United States of America (76.4% of the total foreign government treasury bills in 2025 and 99.9% in 2024), Swiss Confederation (8.1% of the total foreign government treasury bills in 2025 and nil in 2024), Romania (6.9% of the total foreign government treasury bills in 2025 and nil in 2024) and Uzbekistan (0.1% of the total foreign government treasury bills in 2025 and 0.1% in 2024). The country ratings for the United States of America, Swiss Confederation, Romania and Uzbekistan, stand at \u2018AA+\u2019, \u2018AAA\u2019, \u2018BBB-\u2018 and \u2018BB\u2019 respectively as assigned by Fitch rating agency in 2025. The Group designated investments in corporate shares disclosed in the above table as equity securities at FVTOCI. The FVTOCI designation was made because the investments are expected to be held primarily for liquidity management or medium-term investment purposes instead of short-term profit making from subsequent sales. As at 31 December 2025 investment securities measured at fair value through other comprehensive income carried at GEL 1,218,669 thousand have been pledged for the borrowings from the National Bank of Georgia (2024: GEL 2,538,803 thousand). The investment securities measured at fair value through other comprehensive income are pledged under the monetary policy framework for the borrowings from the National Bank of Georgia. The pledged instruments are the treasury bills issued by the government of Georgia (GEL 1,218,669 thousand in 2025 and GEL 1,972,203 thousand in 2024) and corporate bonds ( nil in 2025 and GEL 566,600 thousand in 2024). The movements in investment securities measured at fair value through other comprehensive income are as follows: In thousands of GEL 2025 2024 Carrying amount as of 1 January 5,364,624 3,475,461 Purchases 5,071,473 7,349,079 Disposals (2,256,912) (715,242) Redemption at maturity (2,447,869) (4,699,257) Revaluation (56,928) 25,459 Interest income accrued 417,663 329,008 Interest income received (394,147) (289,436) Effect of translation to presentation currency (2,932) 30,764 Transfer from/(to) repurchase receivables 38,410 (140,058) Changes in credit loss allowance 2,117 (1,154) Carrying amount as of 31 December 5,735,499 5,364,624
Bonds carried at amortised cost, comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Central Bank of Uzbekistan bills 203,953 155,553 Ministry of Finance of Uzbekistan treasury bills 285,755 10,540 Corporate bonds 3,435 8,340 Total gross amount of bonds carried at amortised cost 493,143 174,433 Less: credit loss allowance by stages (951) (581) Stage 1 (951) (581) Total bonds carried at amortised cost 492,192 173,852 The Latest country rating for Uzbekistan stands at BB. The movements in bonds carried at amortised cost are as follows: In thousands of GEL 2025 2024 Carrying amount at 1 January 173,852 73,963 Purchases 464,479 207,731 Redemption at maturity (174,668) (117,511) Interest income accrued 41,158 15,657 Interest income received (24,324) (5,911) Effect of translation to presentation currency 12,065 406 Changes in credit loss allowance (370) (483) Carrying amount as of 31 December 492,192 173,852 For the fair value disclosure of the bonds carried at amortised cost refer to Note 42. An analysis on interest rate for bonds carried at amortised cost is disclosed in Note 37. As at 31 December 2025 none of the bonds carried at amortised cost have been pledged to local banks or financial
institutions as collateral for other borrowed funds (2024: nil). Refer to Note 19",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-656": {
"value": "12. Other Financial Assets In thousands of GEL 31 December 2025 31 December 2024 Receivables from plastic card service providers 87,825 72,999 Receivables on credit card services and money transfers 85,190 67,519 Receivables on terminated leases 77,664 56,670 Derivative financial assets 43,746 156,598 Derivatives margin 31,506 13,501 Receivables on guarantees and letters of credit 23,261 23,990 Advances paid to promotional service provider 17,677 20,091 Reinsurance receivables 15,707 11,178 Trade receivables 9,700 6,017 Government subsidy related receivables 3,271 4,283 Receivables from leasing suppliers 1,302 1,309 Receivables from sales of non-financial assets - 413 Other 46,748 44,620 Total gross amount of other financial assets 443,597 479,188 Less: credit loss allowance (50,684) (42,614) Total other financial assets 392,913 436,574 Derivatives margin is held as collateral for derivative financial instruments. Refer to Note 42 for disclosure of the fair value of other financial assets. Refer to Note 41 for disclosure of derivative financial assets. Credit quality of other financial assets subject to ECL is analysed below: Credit loss allowance ranges In thousands of GEL 0-10% 10%-30% 30%-80% 80%-100% 31 December 2025 Gross amount 310,165 30,645 22,854 36,187 Credit loss allowance (843) (5,878) (9,974) (33,989) Net carrying amount 309,322 24,767 12,880 2,198 31 December 2024 Gross amount 257,594 23,699 7,445 33,852 Credit loss allowance (1,530) (4,669) (3,933) (32,482) Net carrying amount 256,064 19,030 3,512 1,370
22. Other Financial Liabilities Other financial liabilities comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Derivative financial liabilities 138,251 92,182 Trade payables 116,822 158,470 Dividends payable 96,457 - Insurance contract liabilities 76,956 48,474 Liabilities for leasing activities 46,100 53,914 Payables to plastic card service providers 35,154 20,963 Payable under letters of credit 27,529 8,433 Reinsurance contract liabilities 27,328 15,028 Transfers in transit 24,050 19,321 Liability related to loyalty programme 20,909 15,689 Payable to deposit insurance agency 2,373 2,026 Prepayments related to guarantees 526 368 Security deposits for finance lease receivables 435 591 Other accrued liabilities 47,374 40,684 Total other financial liabilities 660,264 476,143 Refer to Note 42 for disclosure of the fair value of other financial liabilities. Refer to Note 41 for disclosure of derivative financial liabilities.
The table below presents other financial liabilities as reported in the separate statement of financial position of TBC Bank Group PLC. In thousands of GEL 31 December 2025 31 December 2024 Option liability* 115,296 - Dividends payable 96,457 - Derivative financial liabilities 35,625 2,860 Other financial liabilities 7,056 3,249 Total other financial liabilities 254,434 6,109 *For the terms and conditions of the option refer to note 26.
40. Offsetting Financial Assets and Financial Liabilities As of 31 December 2025, financial instruments subject to offsetting, enforceable master netting and similar arrangements were as follows: Gross amounts before offsetting in the statement of financial position Gross amounts set off in the statement of financial position Net amount after offsetting in the statement of financial position Amounts subject to master netting and similar arrangements not set off in the statement of financial position Net amount of exposure Financial instruments Cash collateral received In thousands of GEL (a) (b) (c)=(a)-(b) (d) (e) (c)-(d)-(e) Assets - Repurchase receivables 101,648 - 101,648 100,013 - 1,635 - Reverse repurchase receivables 184,979 - 184,979 184,979 - - Other financial assets: - Receivables on credit card services and money transfers 86,157 967 85,190 35,154 - 50,036 - Derivative financial assets 43,746 - 43,746 24,056 - 19,690 - Derivatives margin 31,506 - 31,506 31,506 - - Assets subject to offsetting, master netting and similar arrangement 448,036 967 447,069 375,708 - 71,361 Liabilities - Sale and repurchase agreements with other banks 100,013 - 100,013 100,013 - - Other financial liabilities: - Payables on credit card services and money transfers 36,121 967 35,154 35,154 - - - Derivative financial liabilities 138,251 - 138,251 24,056 31,506 82,689 Liabilities subject to offsetting, master netting and similar arrangement 274,385 967 273,418 159,223 31,506 82,689
As of 31 December 2024, financial instruments subject to offsetting, enforceable master netting and similar arrangements were as follows: Gross amounts before offsetting in the statement of financial position Gross amounts set off in the statement of financial position Net amount after offsetting in the statement of financial position Amounts subject to master netting and similar arrangements not set off in the statement of financial position Net amount of exposure Financial instruments Cash collateral received In thousands of GEL (a) (b) (c)=(a)-(b) (d) (e) (c)-(d)-(e) Assets Other financial assets: - Receivables on credit card services and money transfers 68,482 963 67,519 20,963 - 46,556 - Derivative financial assets 156,598 - 156,598 71,386 - 85,212 - Derivatives margin 13,501 - 13,501 13,501 - - Assets subject to offsetting, master netting and similar arrangement 238,581 963 237,618 105,850 - 131,768 Liabilities Other financial liabilities: - Payables on credit card services and money transfers 21,926 963 20,963 20,963 - - - Derivative financial liabilities 92,182 - 92,182 71,386 13,501 7,295 Liabilities subject to offsetting, master netting and similar arrangement 114,108 963 113,145 92,349 13,501 7,295 The amount set off in the statement of financial position reported in column (b) is the lower of (i) the gross amount before offsetting reported in column (a) and (ii) the amount of the related instrument that is eligible for offsetting. Similarly, the amounts in columns (d) and (e) are limited to the exposure reported in column (c) for each individual instrument in order not to understate the ultimate net exposure. The disclosure does not apply to loans and advances to customers and related customer deposits unless they are
netted-off in the statement of financial position43. Presentation of Financial Instruments by Measurement Category The following table provides a reconciliation of classes of financial assets with these measurement categories as of 31 December 2025: In thousands of GEL Amortised cost FVTOCI FVTPL Total Assets Cash and cash equivalents 2,363,583 - - 2,363,583 Reverse repurchase receivables 184,979 - - 184,979 Due from other banks 143,150 - - 143,150 Mandatory cash balances with NBG 2,357,950 - - 2,357,950 Loans and advances to customers 28,722,347 - - 28,722,347 Investment securities 492,192 5,735,499 23,859 6,251,550 Repurchase receivables - 101,648 - 101,648 Other financial assets 349,167 - 43,746 392,913 Total financial assets subject to IFRS 9 measurement categories 34,613,368 5,837,147 67,605 40,518,120 Finance lease receivables - - - 842,436 Non-financial assets - - - 2,579,933 Total assets 34,613,368 5,837,147 67,605 43,940,489 The following table provides a reconciliation of classes of financial assets with these measurement categories as of 31 December 2024: In thousands of GEL Amortised cost FVTOCI FVTPL Total Assets Cash and cash equivalents 3,047,401 - - 3,047,401 Due from other banks 45,498 - - 45,498 Mandatory cash balances with NBG 2,576,731 - - 2,576,731 Loans and advances to customers 25,683,798 - - 25,683,798 Investment securities 173,852 5,364,624 - 5,538,476 Repurchase receivables - 140,058 - 140,058 Other financial assets 279,976 - 156,598 436,574 Total financial assets subject to IFRS 9 measurement categories 31,807,256 5,504,682 156,598 37,468,536 Finance lease receivables - - - 612,320 Non-financial assets - - - 2,079,610 Total assets 31,807,256 5,504,682 156,598 40,160,466 For the measurement purposes, IFRS 9, classifies financial assets into the categories discussed in Note 2. As of 31 December 2025, and 2024 all of the Group\u2019s financial liabilities except for derivatives are carried at amortised cost. Derivatives belong to the assets fair value through profit or loss measurement category under IFRS 9.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-657": {
"value": "14. Finance Lease Receivables As at 31 December 2025 finance lease receivables comprised of GEL 842,436 thousand (2024: GEL 612,320 thousand). The amount and type of collateral required depends on an assessment of the credit risk of the counterparty. The main types of collateral obtained are: \u2022 Leased assets. \u2022 Real estate properties. The financial effect of collateral is presented by disclosing the collateral values separately for (i) those assets where collateral and other credit enhancements are equal to or exceed the assets\u2019 carrying value (\u201cover-collateralized assets\u201d) and (ii) those assets where collateral and other credit enhancements are less than the assets\u2019 carrying value (\u201cundercollateralized assets\u201d). Finance lease payments receivable and their present values as of 31 December 2025 are as follows: In thousands of GEL Due in 1 year Due between 1 and 2 years Due between 2 and 3 years Due between 3 and 4 years Due between 4 and 5 years Due in 5 years or more Total Lease payments receivable 590,679 254,394 104,400 70,139 47,541 107,387 1,174,540 Unearned finance income (141,763) (61,835) (30,145) (19,388) (12,519) (23,827) (289,477) Credit loss allowance (32,568) (5,754) (1,405) (869) (600) (1,431) (42,627) Present value of lease payments receivable 416,348 186,805 72,850 49,882 34,422 82,129 842,436 Finance lease payments receivable and their present values as of 31 December 2024 are as follows: In thousands of GEL Due in 1 year Due between 1 and 2 years Due between 2 and 3 years Due between 3 and 4 years Due between 4 and 5 years Due in 5 years or more Total Lease payments receivable 414,789 158,168 84,509 58,387 39,223 88,216 843,292 Unearned finance income (86,936) (49,896) (24,365) (16,293) (10,579) (22,222) (210,291) Credit loss allowance (12,956) (3,418) (1,358) (962) (601) (1,386) (20,681) Present value of lease payments receivable 314,897 104,854 58,786 41,132 28,043 64,608 612,320 For fair values refer to Note 42.
The following table discloses the changes in the credit loss allowance and gross carrying amount for finance lease receivables for the year ended 2025: Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2025 538,471 70,065 24,465 633,001 10,217 5,730 4,734 20,681 Transfers - to lifetime (from Stage 1 and Stage 3 to Stage 2) (259,582) 271,001 (11,419) - (24,573) 25,003 (430) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (743) (122,643) 123,386 - (66) (22,427) 22,493 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 123,192 (119,242) (3,950) - 1,648 (1,629) (19) - New originated or purchased 825,960 - - 825,960 30,427 - - 30,427 Derecognised or fully repaid during the period (264,659) (7,712) (12,974) (285,345) (6,615) (1,833) (2,943) (11,391) Net repayments (211,198) (21,137) (14,732) (247,067) - - - - Foreign exchange movements 11,479 1,860 684 14,023 350 176 407 933 Other movements - - (55,509) (55,509) - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - 3,871 1,774 (3,668) 1,977 At 31 December 2025 762,920 72,192 49,951 885,063 15,259 6,794 20,574 42,627
The following table discloses the changes in the credit loss allowance and gross carrying amount for finance lease receivables for the year ended 2024: Gross carrying amount Total Credit loss allowance Total In thousands of GEL Stage 1 Stage 2 Stage 3 Stage 1 Stage 2 Stage 3 At 1 January 2024 328,044 59,669 23,554 411,267 3,475 3,277 4,104 10,856 Transfers - to lifetime (from Stage 1 and Stage 3 to Stage 2) (60,953) 63,674 (2,721) - (3,555) 4,139 (584) - - to defaulted (from Stage 1 and Stage 2 to Stage 3) (2,483) (17,086) 19,569 - (237) (2,202) 2,439 - - to 12-months ECL (from Stage 2 and Stage 3 to Stage 1) 7,642 (7,421) (221) - 805 (710) (95) - New originated or purchased 407,658 - - 407,658 12,600 - - 12,600 Derecognised or fully repaid during the period (96,958) (25,984) (14,953) (137,895) (1,248) (1,685) (3,053) (5,986) Net repayments (45,360) (3,100) (4,696) (53,156) - - - - Foreign exchange movements 901 280 341 1,522 (34) 1 (14) (47) Other movements (20) 33 3,592 3,605 - - - - Net re-measurement due to stage transfers, changes in risk parameters and repayments - - - - (1,589) 2,910 1,937 3,258 At 31 December 2024 538,471 70,065 24,465 633,001 10,217 5,730 4,734 20,681
As at 31 December 2025, credit quality of finance lease receivables is analysed below: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Finance lease receivables risk category - Very low 706,760 - - 706,760 - Low 56,111 16,713 - 72,824 - Moderate 49 38,379 - 38,428 - High - 17,100 - 17,100 - Default - - 49,951 49,951 Gross carrying amount 762,920 72,192 49,951 885,063 Credit loss allowance (15,259) (6,794) (20,574) (42,627) Carrying amount 747,661 65,398 29,377 842,436 As at 31 December 2024, credit quality of finance lease receivables is analysed below: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Finance lease receivables risk category - Very low 507,376 - - 507,376 - Low 31,095 10,440 - 41,535 - Moderate - 51,869 - 51,869 - High - 7,756 - 7,756 - Default - - 24,465 24,465 Gross carrying amount 538,471 70,065 24,465 633,001 Credit loss allowance (10,217) (5,730) (4,734) (20,681) Carrying amount 528,254 64,335 19,731 612,320
Please refer to Note 37 for the definitions of the credit quality gradesThe effect of collateral as at 31 December 2025: Over-collateralised Assets Under-collateralised Assets Gross carrying value of the assets Fair value of collateral Gross carrying value of the assets Fair value of collateral In thousands of GEL Finance lease receivables 458,760 748,439 426,303 105,571 Total 458,760 748,439 426,303 105,571 The effect of collateral as at 31 December 2024: Over-collateralised Assets Under-collateralised Assets Gross carrying value of the assets Fair value of collateral Gross carrying value of the assets Fair value of collateral In thousands of GEL Finance lease receivables 334,337 535,210 298,664 78,257 Total 334,337 535,210 298,664 78,257 The following table presents the potential ECL balances for Stage 3 finance lease receivables without consideration of collateral: 31 December 2025 31 December 2024 Gross carrying amount Credit loss allowance without collaterals Gross carrying amount Credit loss allowance without collaterals In thousands of GEL Stage 3 49,951 (20,896) 24,465 (5,249) Total 49,951 (20,896) 24,465 (5,249)
17. Right of Use Assets The Group leases offices, branches and service centres. Rental contracts are typically made for fixed periods of 1 to 14 years. Leases are recognised as a right-of-use asset and a corresponding liability from the date when the leased asset becomes available for use by the Group. The movements in right of use of assets are as follows: In thousands of GEL 2025 2024 Carrying amount at 1 January 130,682 120,077 Additions of new contracts 50,002 42,034 Increases in value from substantial changes in contractual terms 3,445 157 Disposals (5,430) (14,443) Depreciation charge (36,869) (31,403) Disposals effect on depreciation 13,069 14,260 Carrying amount at 31 December 154,899 130,682 The lease agreements do not impose any covenants, other than the security interests in the leased assets that are held by the lessor. Leased assets cannot be used as collateral for borrowings. Expenses relating to short-term leases amounted GEL 3,067 thousand during 2025 (2024: GEL 2,304 thousand) and expenses relating to leases of low-value assets amounted GEL 10,883 thousand during 2025 (2024: GEL 9,543 thousand). These expenses are included in administrative and other operating expenses.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-660": {
"value": "15. Other Assets In thousands of GEL 31 December 2025 31 December 2024 Current other assets Repossessed collateral 422,062 318,033 Prepayments for other assets 107,100 76,834 Prepayments for purchase of leasing assets 91,777 118,641 Assets repossessed from terminated leases 9,543 - Prepaid taxes other than income tax 4,897 3,758 Other 31,423 13,791 Total current other assets 666,802 531,057 Non-current other assets Assets repossessed from terminated leases - 4,483 Prepayments for construction in progress 57,785 30,370 Prepaid insurance of leasing assets 1,558 1,366 Assets purchased for leasing purposes 6,635 7,428 Insurance and reinsurance contract assets 33,077 19,007 Investments in associates 4,866 4,666 Other 19,845 6,534 Total non-current other assets 123,766 73,854 Total other assets 790,568 604,911 Repossessed collateral represents tangible assets acquired by the Group in settlement of overdue loans which is expected to be disposed in the foreseeable future. The assets do not meet the definition of non-current assets held for sale and are classified as inventories in accordance with IAS 2 \u201cInventories\u201d. The assets are initially recognised at the lower of cost and net realisable value when acquired. In 2025, collaterals repossessed for settlement of impaired loans amounted to GEL 214,254 thousand (2024: GEL 127,281 thousand). For certain repossessed collateral, the Group has granted previous owners a right to repurchase the repossessed collateral at prices equal to or higher than the carrying value of the loan at the date of repossession. This right is usually effective for a period of 6 to 24 months from the repossession date, during this time the repossessed collateral may not be disposed to third parties. In some cases, prolongation of repurchase right is offered to the owners of the property. As at 31 December 2025, the carrying value of the repossessed collaterals subjected to the repurchase agreement was GEL 200,540 thousand (2024: GEL 138,269 thousand).
15. Other Assets In thousands of GEL 31 December 2025 31 December 2024 Current other assets Repossessed collateral 422,062 318,033 Prepayments for other assets 107,100 76,834 Prepayments for purchase of leasing assets 91,777 118,641 Assets repossessed from terminated leases 9,543 - Prepaid taxes other than income tax 4,897 3,758 Other 31,423 13,791 Total current other assets 666,802 531,057 Non-current other assets Assets repossessed from terminated leases - 4,483 Prepayments for construction in progress 57,785 30,370 Prepaid insurance of leasing assets 1,558 1,366 Assets purchased for leasing purposes 6,635 7,428 Insurance and reinsurance contract assets 33,077 19,007 Investments in associates 4,866 4,666 Other 19,845 6,534 Total non-current other assets 123,766 73,854 Total other assets 790,568 604,911 Repossessed collateral represents tangible assets acquired by the Group in settlement of overdue loans which is expected to be disposed in the foreseeable future. The assets do not meet the definition of non-current assets held for sale and are classified as inventories in accordance with IAS 2 \u201cInventories\u201d. The assets are initially recognised at the lower of cost and net realisable value when acquired. In 2025, collaterals repossessed for settlement of impaired loans amounted to GEL 214,254 thousand (2024: GEL 127,281 thousand). For certain repossessed collateral, the Group has granted previous owners a right to repurchase the repossessed collateral at prices equal to or higher than the carrying value of the loan at the date of repossession. This right is usually effective for a period of 6 to 24 months from the repossession date, during this time the repossessed collateral may not be disposed to third parties. In some cases, prolongation of repurchase right is offered to the owners of the property. As at 31 December 2025, the carrying value of the repossessed collaterals subjected to the repurchase agreement was GEL 200,540 thousand (2024: GEL 138,269 thousand).
15. Other Assets In thousands of GEL 31 December 2025 31 December 2024 Current other assets Repossessed collateral 422,062 318,033 Prepayments for other assets 107,100 76,834 Prepayments for purchase of leasing assets 91,777 118,641 Assets repossessed from terminated leases 9,543 - Prepaid taxes other than income tax 4,897 3,758 Other 31,423 13,791 Total current other assets 666,802 531,057 Non-current other assets Assets repossessed from terminated leases - 4,483 Prepayments for construction in progress 57,785 30,370 Prepaid insurance of leasing assets 1,558 1,366 Assets purchased for leasing purposes 6,635 7,428 Insurance and reinsurance contract assets 33,077 19,007 Investments in associates 4,866 4,666 Other 19,845 6,534 Total non-current other assets 123,766 73,854 Total other assets 790,568 604,911 Repossessed collateral represents tangible assets acquired by the Group in settlement of overdue loans which is expected to be disposed in the foreseeable future. The assets do not meet the definition of non-current assets held for sale and are classified as inventories in accordance with IAS 2 \u201cInventories\u201d. The assets are initially recognised at the lower of cost and net realisable value when acquired. In 2025, collaterals repossessed for settlement of impaired loans amounted to GEL 214,254 thousand (2024: GEL 127,281 thousand). For certain repossessed collateral, the Group has granted previous owners a right to repurchase the repossessed collateral at prices equal to or higher than the carrying value of the loan at the date of repossession. This right is usually effective for a period of 6 to 24 months from the repossession date, during this time the repossessed collateral may not be disposed to third parties. In some cases, prolongation of repurchase right is offered to the owners of the property. As at 31 December 2025, the carrying value of the repossessed collaterals subjected to the repurchase agreement was GEL 200,540 thousand (2024: GEL 138,269 thousand).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-664": {
"value": "16. Premises, Equipment and Intangible Assets In thousands of GEL Land, premises and leasehold improvements Office and other equipment* Construction in progress ** Total premises and equipment Intangible assets*** At cost 1 January 2024 205,908 388,099 175,342 769,349 705,065 Additions 13,831 74,475 67,176 155,482 195,512 Transfers within premises and equipment (695) 5,329 (4,634) - - Transfers to investment property (7,311) - - (7,311) - Disposals (18,670) (7,010) (51) (25,731) (2,361) Impairment charge (763) (215) - (978) (4,649) Effect of translation to presentation currency 48 128 330 506 556 31 December 2024 192,348 460,806 238,163 891,317 894,123 Additions 5,627 63,326 96,285 165,238 255,500 Acquisition of subsidiary - 202 - 202 5,952 Transfers within premises and equipment 217 24,791 (25,008) - - Transfers to investment property (899) - - (899) - Disposals (2,239) (18,453) (198) (20,890) (10,012) Impairment charge - 57 - 57 - Effect of translation to presentation currency 193 1,629 576 2,398 5,285 31 December 2025 195,247 532,358 309,818 1,037,423 1,150,848 Accumulated depreciation / amortisation 1 January 2024 (47,207) (208,802) - (256,009) (233,682) Depreciation / amortisation charge (3,909) (34,043) - (37,952) (75,644) Disposals effect on depreciation due to transfer to investment property 1,562 - - 1,562 - Disposals effect on depreciation 17,505 5,292 - 22,797 4,252 Effect of translation to presentation currency (29) (24) - (53) 18 31 December 2024 (32,078) (237,577) - (269,655) (305,056) Depreciation / amortisation charge (5,210) (39,400) - (44,610) (86,759) Disposals effect on depreciation due to transfer to investment property 123 - - 123 - Disposals effect on depreciation 1,589 11,122 - 12,711 1,671 Effect of translation to presentation currency (19) (494) - (513) (266) 31 December 2025 (35,595) (266,349) - (301,944) (390,410) Carrying amount 31 December 2024 160,270 223,229 238,163 621,662 589,067 31 December 2025 159,652 266,009 309,818 735,479 760,438 *Office and other equipment include furniture and fixtures, computer and office equipment, motor vehicles as well as other equipment. **Construction in progress consists of construction and refurbishment of branch premises and the Bank\u2019s new headquarters, that will be transferred to premises upon completion. ***Included within intangible assets is internally generated software. As of 31 December 2025, gross carrying amount of internally generated intangible assets was GEL 432,471 thousand (31 December 2024: GEL 306,311 thousand), with amortisation amount of GEL 86,047 thousand (31 December 2024 : GEL 59,553 thousand) and net carrying value of GEL 346,423 thousand (31 December 2024: GEL 246,758 thousand). Additions amounted to GEL 101,196 thousand in 2025 and GEL 67,041 thousand in 2024. At 31 December 2025, the gross carrying value of premises and equipment, which has been fully depreciated and still in use, was approximately GEL 177,935 thousand (2024: GEL 158,565 thousand).
18. Goodwill As at 31 December 2025 the carrying amount of Goodwill represented GEL 79,348 thousand (2024: GEL 59,964 thousand). Goodwill Impairment Test. Goodwill is allocated to cash-generating units (CGUs, which represent the lowest level within the Group at which the goodwill is monitored by Management and which are not larger than a segment) as follows: In thousands of GEL 31 December 2025 31 December 2024 Bank Republic JSC 24,166 24,166 Bank Republic Retail 11,088 11,088 Bank Republic Corporate 7,491 7,491 Bank Republic MSME 4,791 4,791 Bank Republic Other 796 796 Shoppe Group LLC* 19,384 - My.ge LLC 15,812 15,812 Payme JSC 14,015 14,015 Other 5,971 5,971 Total carrying amount of goodwill 79,348 59,964 *For the acquisition details refer to note 26.
The recoverable amount of each CGU was determined based on value-in-use calculations. These calculations use cash flow projections based on financial budgets covering a three-year period. Cash flows beyond the three-year period are extrapolated using the estimated growth rates stated below, which is relevant for the market, where CGU is operating. Key assumptions used for value-in-use calculations is following: 31 December 2025 31 December 2024 Bank Republic JSC* Growth rate applied to free cash flow to equity beyond three years 5.0% p.a 5.0% p.a. Pre-tax discount rate 17.7% p.a 14.2%p.a. My.ge LLC Growth rate applied to free cash flow to equity beyond three years 5.0% p.a 5.0% p.a. Pre-tax discount rate 16.6% p.a 16.8%p.a. Payme JSC Growth rate applied to free cash flow to equity beyond three years 5.7% p.a 5.7%p.a. Pre-tax discount rate 17.5% p.a 18.8%p.a. Shoppe Group LLC Growth rate applied to free cash flow to equity beyond three years 5.7% p.a - Pre-tax discount rate 19.2% p.a - *Assumptions related to Bank Republic JSC are similar for all related CGUs. Pre-tax discount rate used for value-in-use calculations is the assumption to which the recoverable amount is most sensitive. The management determined the budgeted gross margin based on past performance and its market expectations. The weighted average long term growth rates used are consistent with the forecasts included in the industry reports. The discount rates reflect specific risks related to the relevant CGUs. If pre-tax discount rate applied to the discounted cash flows of CGUs have been 10% higher than the management\u2019s estimates or growth rate beyond three years of free cash flow to equity had been 10% lower, the Group would not need to reduce the carrying value of goodwill or carrying value of net assets of the CGU. The following table shows the summary analysis of CGUs' recoverable amounts and discount rates: 2025 2024 Difference between recoverable Amount and carrying amount Discount rate at which carrying amount equals value in use Difference between recoverable Amount and carrying amount Discount rate at which carrying amount equals value in use Bank Republic Retail 2,181,350 33.09% p.a 4,785,755 39.4% p.a. Bank Republic Corporate 3,098,816 32.48% p.a 4,966,633 32.99% p.a. Bank Republic MSME 1,239,961 31.21% p.a 2,044,636 29.66% p.a. My.ge LLC 15,734 19.43% p.a 18,377 20.96% p.a. Payme JSC 520,364 52.92% p.a 654,410 95.26% p.a. Shoppe Group LLC 134,218 49.00% p.a - - For stand-alone financial statements the Management has also reviewed the subsidiaries investments for potential impairment. The management has reviewed qualitative indicators of potential impairment and, if there were any, has additionally performed quantitative test. For quantitative impairment exercise, the Company has determined future cash flows based on budgeted results and long-term growth rates for each industry. As a result of this exercise, none of the investments indicate a need for impairment.
16. Premises, Equipment and Intangible Assets In thousands of GEL Land, premises and leasehold improvements Office and other equipment* Construction in progress ** Total premises and equipment Intangible assets*** At cost 1 January 2024 205,908 388,099 175,342 769,349 705,065 Additions 13,831 74,475 67,176 155,482 195,512 Transfers within premises and equipment (695) 5,329 (4,634) - - Transfers to investment property (7,311) - - (7,311) - Disposals (18,670) (7,010) (51) (25,731) (2,361) Impairment charge (763) (215) - (978) (4,649) Effect of translation to presentation currency 48 128 330 506 556 31 December 2024 192,348 460,806 238,163 891,317 894,123 Additions 5,627 63,326 96,285 165,238 255,500 Acquisition of subsidiary - 202 - 202 5,952 Transfers within premises and equipment 217 24,791 (25,008) - - Transfers to investment property (899) - - (899) - Disposals (2,239) (18,453) (198) (20,890) (10,012) Impairment charge - 57 - 57 - Effect of translation to presentation currency 193 1,629 576 2,398 5,285 31 December 2025 195,247 532,358 309,818 1,037,423 1,150,848 Accumulated depreciation / amortisation 1 January 2024 (47,207) (208,802) - (256,009) (233,682) Depreciation / amortisation charge (3,909) (34,043) - (37,952) (75,644) Disposals effect on depreciation due to transfer to investment property 1,562 - - 1,562 - Disposals effect on depreciation 17,505 5,292 - 22,797 4,252 Effect of translation to presentation currency (29) (24) - (53) 18 31 December 2024 (32,078) (237,577) - (269,655) (305,056) Depreciation / amortisation charge (5,210) (39,400) - (44,610) (86,759) Disposals effect on depreciation due to transfer to investment property 123 - - 123 - Disposals effect on depreciation 1,589 11,122 - 12,711 1,671 Effect of translation to presentation currency (19) (494) - (513) (266) 31 December 2025 (35,595) (266,349) - (301,944) (390,410) Carrying amount 31 December 2024 160,270 223,229 238,163 621,662 589,067 31 December 2025 159,652 266,009 309,818 735,479 760,438 *Office and other equipment include furniture and fixtures, computer and office equipment, motor vehicles as well as other equipment. **Construction in progress consists of construction and refurbishment of branch premises and the Bank\u2019s new headquarters, that will be transferred to premises upon completion. ***Included within intangible assets is internally generated software. As of 31 December 2025, gross carrying amount of internally generated intangible assets was GEL 432,471 thousand (31 December 2024: GEL 306,311 thousand), with amortisation amount of GEL 86,047 thousand (31 December 2024 : GEL 59,553 thousand) and net carrying value of GEL 346,423 thousand (31 December 2024: GEL 246,758 thousand). Additions amounted to GEL 101,196 thousand in 2025 and GEL 67,041 thousand in 2024. At 31 December 2025, the gross carrying value of premises and equipment, which has been fully depreciated and still in use, was approximately GEL 177,935 thousand (2024: GEL 158,565 thousand).
16. Premises, Equipment and Intangible Assets In thousands of GEL Land, premises and leasehold improvements Office and other equipment* Construction in progress ** Total premises and equipment Intangible assets*** At cost 1 January 2024 205,908 388,099 175,342 769,349 705,065 Additions 13,831 74,475 67,176 155,482 195,512 Transfers within premises and equipment (695) 5,329 (4,634) - - Transfers to investment property (7,311) - - (7,311) - Disposals (18,670) (7,010) (51) (25,731) (2,361) Impairment charge (763) (215) - (978) (4,649) Effect of translation to presentation currency 48 128 330 506 556 31 December 2024 192,348 460,806 238,163 891,317 894,123 Additions 5,627 63,326 96,285 165,238 255,500 Acquisition of subsidiary - 202 - 202 5,952 Transfers within premises and equipment 217 24,791 (25,008) - - Transfers to investment property (899) - - (899) - Disposals (2,239) (18,453) (198) (20,890) (10,012) Impairment charge - 57 - 57 - Effect of translation to presentation currency 193 1,629 576 2,398 5,285 31 December 2025 195,247 532,358 309,818 1,037,423 1,150,848 Accumulated depreciation / amortisation 1 January 2024 (47,207) (208,802) - (256,009) (233,682) Depreciation / amortisation charge (3,909) (34,043) - (37,952) (75,644) Disposals effect on depreciation due to transfer to investment property 1,562 - - 1,562 - Disposals effect on depreciation 17,505 5,292 - 22,797 4,252 Effect of translation to presentation currency (29) (24) - (53) 18 31 December 2024 (32,078) (237,577) - (269,655) (305,056) Depreciation / amortisation charge (5,210) (39,400) - (44,610) (86,759) Disposals effect on depreciation due to transfer to investment property 123 - - 123 - Disposals effect on depreciation 1,589 11,122 - 12,711 1,671 Effect of translation to presentation currency (19) (494) - (513) (266) 31 December 2025 (35,595) (266,349) - (301,944) (390,410) Carrying amount 31 December 2024 160,270 223,229 238,163 621,662 589,067 31 December 2025 159,652 266,009 309,818 735,479 760,438 *Office and other equipment include furniture and fixtures, computer and office equipment, motor vehicles as well as other equipment. **Construction in progress consists of construction and refurbishment of branch premises and the Bank\u2019s new headquarters, that will be transferred to premises upon completion. ***Included within intangible assets is internally generated software. As of 31 December 2025, gross carrying amount of internally generated intangible assets was GEL 432,471 thousand (31 December 2024: GEL 306,311 thousand), with amortisation amount of GEL 86,047 thousand (31 December 2024 : GEL 59,553 thousand) and net carrying value of GEL 346,423 thousand (31 December 2024: GEL 246,758 thousand). Additions amounted to GEL 101,196 thousand in 2025 and GEL 67,041 thousand in 2024. At 31 December 2025, the gross carrying value of premises and equipment, which has been fully depreciated and still in use, was approximately GEL 177,935 thousand (2024: GEL 158,565 thousand).
16. Premises, Equipment and Intangible Assets In thousands of GEL Land, premises and leasehold improvements Office and other equipment* Construction in progress ** Total premises and equipment Intangible assets*** At cost 1 January 2024 205,908 388,099 175,342 769,349 705,065 Additions 13,831 74,475 67,176 155,482 195,512 Transfers within premises and equipment (695) 5,329 (4,634) - - Transfers to investment property (7,311) - - (7,311) - Disposals (18,670) (7,010) (51) (25,731) (2,361) Impairment charge (763) (215) - (978) (4,649) Effect of translation to presentation currency 48 128 330 506 556 31 December 2024 192,348 460,806 238,163 891,317 894,123 Additions 5,627 63,326 96,285 165,238 255,500 Acquisition of subsidiary - 202 - 202 5,952 Transfers within premises and equipment 217 24,791 (25,008) - - Transfers to investment property (899) - - (899) - Disposals (2,239) (18,453) (198) (20,890) (10,012) Impairment charge - 57 - 57 - Effect of translation to presentation currency 193 1,629 576 2,398 5,285 31 December 2025 195,247 532,358 309,818 1,037,423 1,150,848 Accumulated depreciation / amortisation 1 January 2024 (47,207) (208,802) - (256,009) (233,682) Depreciation / amortisation charge (3,909) (34,043) - (37,952) (75,644) Disposals effect on depreciation due to transfer to investment property 1,562 - - 1,562 - Disposals effect on depreciation 17,505 5,292 - 22,797 4,252 Effect of translation to presentation currency (29) (24) - (53) 18 31 December 2024 (32,078) (237,577) - (269,655) (305,056) Depreciation / amortisation charge (5,210) (39,400) - (44,610) (86,759) Disposals effect on depreciation due to transfer to investment property 123 - - 123 - Disposals effect on depreciation 1,589 11,122 - 12,711 1,671 Effect of translation to presentation currency (19) (494) - (513) (266) 31 December 2025 (35,595) (266,349) - (301,944) (390,410) Carrying amount 31 December 2024 160,270 223,229 238,163 621,662 589,067 31 December 2025 159,652 266,009 309,818 735,479 760,438 *Office and other equipment include furniture and fixtures, computer and office equipment, motor vehicles as well as other equipment. **Construction in progress consists of construction and refurbishment of branch premises and the Bank\u2019s new headquarters, that will be transferred to premises upon completion. ***Included within intangible assets is internally generated software. As of 31 December 2025, gross carrying amount of internally generated intangible assets was GEL 432,471 thousand (31 December 2024: GEL 306,311 thousand), with amortisation amount of GEL 86,047 thousand (31 December 2024 : GEL 59,553 thousand) and net carrying value of GEL 346,423 thousand (31 December 2024: GEL 246,758 thousand). Additions amounted to GEL 101,196 thousand in 2025 and GEL 67,041 thousand in 2024. At 31 December 2025, the gross carrying value of premises and equipment, which has been fully depreciated and still in use, was approximately GEL 177,935 thousand (2024: GEL 158,565 thousand).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-665": {
"value": "18. Goodwill As at 31 December 2025 the carrying amount of Goodwill represented GEL 79,348 thousand (2024: GEL 59,964 thousand). Goodwill Impairment Test. Goodwill is allocated to cash-generating units (CGUs, which represent the lowest level within the Group at which the goodwill is monitored by Management and which are not larger than a segment) as follows: In thousands of GEL 31 December 2025 31 December 2024 Bank Republic JSC 24,166 24,166 Bank Republic Retail 11,088 11,088 Bank Republic Corporate 7,491 7,491 Bank Republic MSME 4,791 4,791 Bank Republic Other 796 796 Shoppe Group LLC* 19,384 - My.ge LLC 15,812 15,812 Payme JSC 14,015 14,015 Other 5,971 5,971 Total carrying amount of goodwill 79,348 59,964 *For the acquisition details refer to note 26.
The recoverable amount of each CGU was determined based on value-in-use calculations. These calculations use cash flow projections based on financial budgets covering a three-year period. Cash flows beyond the three-year period are extrapolated using the estimated growth rates stated below, which is relevant for the market, where CGU is operating. Key assumptions used for value-in-use calculations is following: 31 December 2025 31 December 2024 Bank Republic JSC* Growth rate applied to free cash flow to equity beyond three years 5.0% p.a 5.0% p.a. Pre-tax discount rate 17.7% p.a 14.2%p.a. My.ge LLC Growth rate applied to free cash flow to equity beyond three years 5.0% p.a 5.0% p.a. Pre-tax discount rate 16.6% p.a 16.8%p.a. Payme JSC Growth rate applied to free cash flow to equity beyond three years 5.7% p.a 5.7%p.a. Pre-tax discount rate 17.5% p.a 18.8%p.a. Shoppe Group LLC Growth rate applied to free cash flow to equity beyond three years 5.7% p.a - Pre-tax discount rate 19.2% p.a - *Assumptions related to Bank Republic JSC are similar for all related CGUs. Pre-tax discount rate used for value-in-use calculations is the assumption to which the recoverable amount is most sensitive. The management determined the budgeted gross margin based on past performance and its market expectations. The weighted average long term growth rates used are consistent with the forecasts included in the industry reports. The discount rates reflect specific risks related to the relevant CGUs. If pre-tax discount rate applied to the discounted cash flows of CGUs have been 10% higher than the management\u2019s estimates or growth rate beyond three years of free cash flow to equity had been 10% lower, the Group would not need to reduce the carrying value of goodwill or carrying value of net assets of the CGU. The following table shows the summary analysis of CGUs' recoverable amounts and discount rates: 2025 2024 Difference between recoverable Amount and carrying amount Discount rate at which carrying amount equals value in use Difference between recoverable Amount and carrying amount Discount rate at which carrying amount equals value in use Bank Republic Retail 2,181,350 33.09% p.a 4,785,755 39.4% p.a. Bank Republic Corporate 3,098,816 32.48% p.a 4,966,633 32.99% p.a. Bank Republic MSME 1,239,961 31.21% p.a 2,044,636 29.66% p.a. My.ge LLC 15,734 19.43% p.a 18,377 20.96% p.a. Payme JSC 520,364 52.92% p.a 654,410 95.26% p.a. Shoppe Group LLC 134,218 49.00% p.a - - For stand-alone financial statements the Management has also reviewed the subsidiaries investments for potential impairment. The management has reviewed qualitative indicators of potential impairment and, if there were any, has additionally performed quantitative test. For quantitative impairment exercise, the Company has determined future cash flows based on budgeted results and long-term growth rates for each industry. As a result of this exercise, none of the investments indicate a need for impairment.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-667": {
"value": "19. Due to Credit Institutions In thousands of GEL 31 December 2025 31 December 2024 Due to other banks Correspondent accounts and overnight placements 220,605 356,722 Deposits from banks 680,144 664,012 Sale and repurchase agreements with other banks 100,013 - Total due to other banks 1,000,762 1,020,734 Other borrowed funds Borrowings from foreign banks and international financial institutions 3,802,829 3,225,088 Borrowings from other local banks and financial institutions 100,037 81,108 Borrowings from National Bank of Georgia 2,470,000 3,303,920 Total other borrowed funds 6,372,866 6,610,116 Total amounts due to credit institutions 7,373,628 7,630,850 Refer to Note 37 for the disclosure of the maturity analysis of due to credit institutions. As of 31 December 2025, nil borrowings from other local banks and financial institutions are attributable to separate TBC Bank Group PLC (2024: GEL nil).
19. Due to Credit Institutions In thousands of GEL 31 December 2025 31 December 2024 Due to other banks Correspondent accounts and overnight placements 220,605 356,722 Deposits from banks 680,144 664,012 Sale and repurchase agreements with other banks 100,013 - Total due to other banks 1,000,762 1,020,734 Other borrowed funds Borrowings from foreign banks and international financial institutions 3,802,829 3,225,088 Borrowings from other local banks and financial institutions 100,037 81,108 Borrowings from National Bank of Georgia 2,470,000 3,303,920 Total other borrowed funds 6,372,866 6,610,116 Total amounts due to credit institutions 7,373,628 7,630,850 Refer to Note 37 for the disclosure of the maturity analysis of due to credit institutions. As of 31 December 2025, nil borrowings from other local banks and financial institutions are attributable to separate TBC Bank Group PLC (2024: GEL nil).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepositsFromBanksExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-668": {
"value": "20. Customer Accounts In thousands of GEL 31 December 2025 31 December 2024 State and public organisations Current/settlement accounts 869,520 1,085,073 Term deposits 631,227 393,531 Other legal entities Current/settlement accounts 6,844,712 6,034,554 Term deposits 3,344,612 2,985,339 Individuals Current/settlement accounts 6,328,304 5,832,579 Term deposits 7,641,683 6,532,757 Total customer accounts 25,660,058 22,863,833 State and public organisations include government owned profit-oriented businesses.
Economic sector concentrations within customer accounts are as follows: 31 December 2025 31 December 2024 In thousands of GEL Amount Percentage (%) Amount Percentage (%) Individuals 13,967,377 54% 12,362,205 54% Financial services 2,905,996 11% 2,444,638 11% Trade 1,975,282 8% 1,701,422 7% Services 1,106,836 4% 874,992 4% Energy & utilities 1,079,632 4% 1,139,221 5% Transportation 950,159 4% 816,464 4% Construction 768,563 3% 838,761 4% Government sector 768,156 3% 586,939 3% Real estate 628,090 2% 575,421 3% Healthcare 205,697 1% 155,702 1% Hospitality & leisure 162,793 1% 128,893 1% Agriculture 97,305 < 1% 68,783 < 1% Metals and mining 24,930 < 1% 23,619 < 1% Other 1,019,242 4% 1,146,773 5% Total customer accounts 25,660,058 100% 22,863,833 100% As of 31 December 2025, the Group had 189 customers (2024: 168 customers) with balances above GEL 10,000 thousand. Their aggregate balance was GEL 8,771,656 thousand (2024: GEL 8,293,682 thousand) or 34.2% of total customer accounts (2024: 36.3%). As of 31 December 2025, included in customer accounts are deposits of GEL 83,084 thousand and GEL 195,021 thousand (2024: GEL 80,281 thousand and GEL 206,934 thousand) held as collateral for irrevocable commitments under letters of credit and guarantees issued, respectively. The latter is discussed in Note 38. As of 31 December 2025, deposits held as collateral for loans to customers amounted to GEL 605,009 thousand (2024: GEL 592,328 thousand). Refer to Note 42 for the disclosure of the fair value of each class of customer accounts. Information on related party balances is disclosed in Note 44.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepositsFromCustomersExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-669": {
"value": "23. Other Liabilities Other liabilities comprise the following: In thousands of GEL 31 December 2025 31 December 2024 Accrued employee benefit costs 101,650 105,932 Advances received 24,134 18,402 Provisions for liabilities and charges 14,071 17,863 Taxes payable other than on income 12,424 6,437 Other 1,294 10,502 Total other liabilities 153,573 159,136 The accrued employee benefit costs mainly consist of bonuses to employees. All the above liabilities are expected to be settled within twelve months after the year-end.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-670": {
"value": "24. Subordinated Debt As of 31 December 2025, subordinated debt comprises of: In thousands of GEL Currency Issue date Maturity date Agreement interest rate Outstanding amount in GEL USD 12/18/2015-12/27/2024 3/31/2028-11/30/2033 8.25%-10.31% 553,075 EUR 9/26/2023-4/17/2024 9/26/2033-1/16/2034 7.70%-7.87% 357,224 Total subordinated debt 910,299 As of 31 December 2024, subordinated debt comprised of: In thousands of GEL Currency Issue date Maturity date Agreement interest rate Outstanding amount in GEL USD 12/18/2015-11/20/2023 12/31/2026-11/30/2033 8.22%-11.23% 816,609 EUR 9/23/2023-4/17/2024 9/26/2033-1/16/2034 9.04%-9.48% 331,765 Total subordinated debt 1,148,374 In 2025, the Group made early repayments of subordinated debt amounting to USD 85,000 thousand in total. The debt ranks after all other creditors in case of liquidation, except AT1 Notes listed in Note 25. Refer to Note 42 for the disclosure of the fair value of subordinated debt. Information on related party balances is disclosed in Note 44.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSubordinatedLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-671": {
"value": "26. Equity Share capital In thousands of GEL, unless otherwise indicated Number of ordinary shares Share Capital As of 1 January 2024 55,393,664 1,690 Scrip dividend issued 1,331,033 47 Shares cancelled (436,797) (15) As of 31 December 2024 56,287,900 1,722 Shares cancelled (465,746) (17) As of 31 December 2025 55,822,154 1,705 As of 31 December 2025, the total authorized number of ordinary shares was 55,822,154 shares (31 December 2024: 56,287,900 shares). Each share has a nominal value of one British Penny. All issued ordinary shares are fully paid and
entitled to dividends. 26. Equity continued Treasury shares Treasury shares refer to shares that a Group has repurchased but not reissued. These shares are not considered outstanding and do not carry voting rights or dividend entitlements.
In thousands of GEL, unless otherwise indicated Number of shares Treasury shares As of 1 January 2024 - - Share buy-back 436,797 (44,274) Shares cancelled (436,797) 44,274 As of 31 December 2024 - - Share buy-back 465,746 (69,088) Shares cancelled (465,746) 69,088 As of 31 December 2025 - - Dividends In thousands of GEL 2025 2024 Dividends payable at 1 January - - Interim dividend: Dividends declared during the year 276,361 140,640 Dividends paid during the year: (179,904) (140,640) Scrip dividends - (40,953) Dividends paid in cash (179,904) (99,687) Prior year final dividend: Dividends declared during the year 308,373 254,885 Dividends paid during the year: (308,373) (254,885) Scrip dividends - (74,577) Dividends paid in cash (308,373) (180,308) Dividends payable at 31 December 96,457 - All dividends declared in GEL and paid in GBP. On November 5 2025, TBC Bank Group PLC\u2019s board of directors declared an 3Q 2025 quarterly dividend of GEL 1.75 per share payable by cash. The record date will be on 9 January 2026 and dividend will be paid on 10 February 2026. The total amount of dividend declared was GEL 96,457 thousand. On August 7 2025, TBC Bank Group PLC\u2019s board of directors declared an 2Q 2025 quarterly dividend of GEL 1.75 per share payable by cash. The record date was on 24 October 2025 and dividend was paid on 21 November 2025. The total amount of dividend distributed was GEL 96,555 thousand. On May 7 2025, TBC Bank Group PLC\u2019s Board of directors declared an 1Q 2025 quarterly dividend of GEL 1.5 per share payable by cash. The record date will be on 15 August 2025 and dividend will be paid on 5 September 2025. The total amount of dividend distributed was GEL 83,350 thousand.
26. Equity continued On February 11 2025, TBC Bank Group PLC\u2019s Board of directors declared a final dividend of GEL 5.55 per share payable by cash. The record date was on 6 June 2025 and dividend was paid on July 11 2025. The total amount of dividend distributed was GEL 308,373 thousand. On August 8 2024, TBC Bank Group PLC\u2019s Board of directors declared an interim dividend of GEL 2.55 per share payable by cash or shares (under TBC Bank Group PLC\u2019s SCRIP dividend program) at the option of the Shareholder. The record date was on 4 October 2024 and dividend was paid on November 11 2024. As a result, the company has issued additional 459,096 shares to meet requests of those shareholders who opted to receive a scrip dividend. The total amount of dividend distributed was GEL 140,640 thousand. On February 15 2024, TBC Bank Group PLC\u2019s Board of directors declared a final dividend of GEL 4.67 per share payable by cash or shares (under TBC Bank Group PLC\u2019s SCRIP dividend programme) at the option of the Shareholder. The record date was on June 14 2024 and dividend was paid on July 19 2024. As a result, the company has issued additional 871,937 shares to meet requests of those shareholders who opted to receive a scrip dividend. The total amount of dividend distributed was GEL 254,885 thousand.
Shares held by trust Part of the shares are held by the employee benefit trust (EBT) for the purpose of future employee share based payments plan. The EBT has waived its rights to receive dividends on such shares. Information related to the shares held by trust is presented below: In thousands of GEL, unless otherwise indicated Number of shares held by trust (Quantity) Shares held by trust (GEL equivalent) As of 1 January 2024 1,133,044 75,609 Purchase of shares by employee benefit trust 288,774 26,372 Delivery of bonus shares to employees via trust shares (553,583) (34,999) As of 31 December 2024 868,235 66,982 Purchase of shares by employee benefit trust 244,480 39,223 Delivery of bonus shares to employees via trust shares (222,911) (17,119) As of 31 December 2025 889,804 89,086
Merger Reserve Following a group restructuring in 2016, TBC Bank Group PLC was established as a parent entity of JSC TBC Bank and was successfully listed on the London Stock Exchange on 10 August 2016. As a result, the shares of JSC TBC Bank have been exchanged for shares of TBC Bank Group PLC for existing shareholders. Following the admission to the premium listing, TBCG\u2019s management undertook a reduction of capital in order to create distributable reserves in TBCG\u2019s standalone financial statements: each TBCG share had an original (tender offer) nominal value of GBP 5.00, that was reduced to GBP 0.01 following the capital reduction. The capital reduction created a distributable reserve that was recognised as retained earnings in the standalone statements. Total standalone equity was set at an amount equal to JSC TBC Bank\u2019s total equity at the moment of reorganisation. The balancing figure to arrive at the total standalone equity after consideration of share capital and retained earnings, was recognised as merger reserve according to Companies Act 2006 section 612 and amounted to GEL 565,029 in the standalone statements.
26. Equity continued In the consolidated statements, share capital was recognised with the same amount as recognised in the standalone statements, whilst retained earnings were set at an amount equal to the retained earnings of JSC TBC Bank at the moment of reorganisation. The balancing figure to arrive at the total consolidated equity (equal to JSC TBC Bank\u2019s total equity at the moment of reorganisation), was recognised as merger reserve and amounted to GEL 402,862 in the consolidated statements. Other reserves As at 31 December 2025 and 31 December 2024 other reserves, comprised of: In thousands of GEL 31 December 2025 31 December 2024 Reserve for redemption liability (595,544) (473,528) Fair value reserve for investment securities at FVTOCI (19,124) 37,804 Currency translation reserve (25,498) (42,878) Capital redemption reserve 32 15 Other reserves 282 545 Total other reserves (639,852) (478,042) The movements in other reserves are as follows: In thousands of GEL 2025 2024 Other reserves at the beginning of the year (478,042) (397,992) Recognition of redemption liability during the period (88,638) - Reorganisation effect (64,104) - Remeasurement of redemption liability during the period* 30,727 (108,048) Exchange differences on translation to presentation currency 17,377 (7,834) Change fair value reserve of Investment securities measured at FVTOCI (56,928) 25,459 Dilution of NCI - (2,458) Capital redemption reserve 17 15 Other effects (261) 12,816 Other reserves at the end of the year (639,852) (478,042) *Remeasurement contains the effects of changes of exchange rate, unwinding accrual and expected results. Option agreement with minority shareholders of TBC Digital JSC In May 2025, the Group entered into an agreement that restructured its operations in Uzbekistan. Under the new arrangement, TBC Digital JSC - a holding company controlled by the Group (the Group held 79.69% of its total shares as of June 30, 2025) - became the 100% owner of both JSCB TBC Bank and Payme JSC. As of 31 December 2024, the Group directly held a 67.92% interest in JSCB TBC Bank and 100% of Payme JSC, with the remaining interest in JSCB TBC Bank held by minority shareholders. Prior to the reorganisation transaction, minority shareholders held a put option to sell their shares in JSCB TBC Bank, while the Group held a corresponding call option to purchase those shares. The Group recognised a redemption liability
in respect of the put option, which amounted to GEL 473,528 thousand as at 31 December 2024. 26. Equity continued Under the new arrangement, the existing put and call options over JSCB TBC Bank were replaced with options over TBC Digital JSC. Minority shareholders hold a put option exercisable from the fifth anniversary of the transaction\u2019s completion date for as long as they retain shares, while the Group holds a call option exercisable from the eighth anniversary of the transaction\u2019s completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (refer to Note 39 for more details). On the date of the reorganisation, 31 May 2025, the Group derecognised the redemption liability related to the previous agreement and recognised a new redemption liability representing the present value of redemption liability for put option, recorded through the other reserves within equity as the reorganisation represents an equity transaction with shareholders (The reorganisation effect amounted of GEL 64,104 thousand as presented in the table above). The redemption liability is carried at amortised cost and interest is unwound as well as subsequent remeasurement effects on each reporting date are recorded through other reserves in equity, as allowed by IFRS for transactions where the non-controlling participants remain exposed to the risks and rewards associated with the subsidiary's shares. The redemption liability amounted to GEL 506,906 thousand as at 31 December 2025. In the separate statement of financial position of TBC Bank Group PLC, the option is recognised and measured at fair value. Acquisition of Shoppe Group LLC and option agreement with minority shareholders In September 2025, TBC Bank Group PLC acquired a 46.67% equity interest in Shoppe Group LLC, Uzbekistan\u2019s leading retail management platform, further strengthening its offering for small and medium sized enterprises in the country. The acquisition was financed by cash consideration of GEL 18,999 thousand. Immediately following this acquisition, in September 2025, TBC Bank Group PLC subscribed to newly issued shares through an additional capital injection of GEL 5,422 thousand, increasing its ownership by a further 6.27%. Consequently, TBC Bank Group PLC\u2019s total interest in Shoppe Group LLC increased to 52.94%. The fair value of net assets acquired amounted of GEL 9,512 thousand at acquisition. Non-controlling interest measured at proportionate share of net assets amounted of GEL 4,476 thousand and goodwill arising on acquisition of GEL 19,385 thousand was recognised in the Group\u2019s consolidated statement of financial position, arising from the expected synergies from combining the operations of the Group and Shoppe Group LLC, as well as from intangible assets that did not qualify for separate recognition. Minority shareholders hold a put option over remaining shares in Shoppe Group LLC, which may be exercised twice: the third and the fourth anniversaries of the transaction completion date. The Group holds a call option to acquire the remaining minority interest, which is also exercisable twice: the third and the fourth anniversaries of the transaction completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (Refer to Note 39). The Group recognised the redemption liability as a present value of the estimated exercise price payable to NCI shareholders if the put option is exercised, recorded through the other reserves within equity. The redemption liability amounted to GEL 88,638 thousand as at 31 December 2025.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-672": {
"value": "Treasury shares Treasury shares refer to shares that a Group has repurchased but not reissued. These shares are not considered outstanding and do not carry voting rights or dividend entitlements.
In thousands of GEL, unless otherwise indicated Number of shares Treasury shares As of 1 January 2024 - - Share buy-back 436,797 (44,274) Shares cancelled (436,797) 44,274 As of 31 December 2024 - - Share buy-back 465,746 (69,088) Shares cancelled (465,746) 69,088 As of 31 December 2025 - - Treasury shares Treasury shares refer to shares that a Group has repurchased but not reissued. These shares are not considered outstanding and do not carry voting rights or dividend entitlements.
",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-674": {
"value": "Dividends In thousands of GEL 2025 2024 Dividends payable at 1 January - - Interim dividend: Dividends declared during the year 276,361 140,640 Dividends paid during the year: (179,904) (140,640) Scrip dividends - (40,953) Dividends paid in cash (179,904) (99,687) Prior year final dividend: Dividends declared during the year 308,373 254,885 Dividends paid during the year: (308,373) (254,885) Scrip dividends - (74,577) Dividends paid in cash (308,373) (180,308) Dividends payable at 31 December 96,457 - All dividends declared in GEL and paid in GBP. On November 5 2025, TBC Bank Group PLC\u2019s board of directors declared an 3Q 2025 quarterly dividend of GEL 1.75 per share payable by cash. The record date will be on 9 January 2026 and dividend will be paid on 10 February 2026. The total amount of dividend declared was GEL 96,457 thousand. On August 7 2025, TBC Bank Group PLC\u2019s board of directors declared an 2Q 2025 quarterly dividend of GEL 1.75 per share payable by cash. The record date was on 24 October 2025 and dividend was paid on 21 November 2025. The total amount of dividend distributed was GEL 96,555 thousand. On May 7 2025, TBC Bank Group PLC\u2019s Board of directors declared an 1Q 2025 quarterly dividend of GEL 1.5 per share payable by cash. The record date will be on 15 August 2025 and dividend will be paid on 5 September 2025. The total amount of dividend distributed was GEL 83,350 thousand.
On February 11 2025, TBC Bank Group PLC\u2019s Board of directors declared a final dividend of GEL 5.55 per share payable by cash. The record date was on 6 June 2025 and dividend was paid on July 11 2025. The total amount of dividend distributed was GEL 308,373 thousand. On August 8 2024, TBC Bank Group PLC\u2019s Board of directors declared an interim dividend of GEL 2.55 per share payable by cash or shares (under TBC Bank Group PLC\u2019s SCRIP dividend program) at the option of the Shareholder. The record date was on 4 October 2024 and dividend was paid on November 11 2024. As a result, the company has issued additional 459,096 shares to meet requests of those shareholders who opted to receive a scrip dividend. The total amount of dividend distributed was GEL 140,640 thousand. On February 15 2024, TBC Bank Group PLC\u2019s Board of directors declared a final dividend of GEL 4.67 per share payable by cash or shares (under TBC Bank Group PLC\u2019s SCRIP dividend programme) at the option of the Shareholder. The record date was on June 14 2024 and dividend was paid on July 19 2024. As a result, the company has issued additional 871,937 shares to meet requests of those shareholders who opted to receive a scrip dividend. The total amount of dividend distributed was GEL 254,885 thousand.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-675": {
"value": "Merger Reserve Following a group restructuring in 2016, TBC Bank Group PLC was established as a parent entity of JSC TBC Bank and was successfully listed on the London Stock Exchange on 10 August 2016. As a result, the shares of JSC TBC Bank have been exchanged for shares of TBC Bank Group PLC for existing shareholders. Following the admission to the premium listing, TBCG\u2019s management undertook a reduction of capital in order to create distributable reserves in TBCG\u2019s standalone financial statements: each TBCG share had an original (tender offer) nominal value of GBP 5.00, that was reduced to GBP 0.01 following the capital reduction. The capital reduction created a distributable reserve that was recognised as retained earnings in the standalone statements. Total standalone equity was set at an amount equal to JSC TBC Bank\u2019s total equity at the moment of reorganisation. The balancing figure to arrive at the total standalone equity after consideration of share capital and retained earnings, was recognised as merger reserve according to Companies Act 2006 section 612 and amounted to GEL 565,029 in the standalone statements.
In the consolidated statements, share capital was recognised with the same amount as recognised in the standalone statements, whilst retained earnings were set at an amount equal to the retained earnings of JSC TBC Bank at the moment of reorganisation. The balancing figure to arrive at the total consolidated equity (equal to JSC TBC Bank\u2019s total equity at the moment of reorganisation), was recognised as merger reserve and amounted to GEL 402,862 in the consolidated statements. Other reserves As at 31 December 2025 and 31 December 2024 other reserves, comprised of: In thousands of GEL 31 December 2025 31 December 2024 Reserve for redemption liability (595,544) (473,528) Fair value reserve for investment securities at FVTOCI (19,124) 37,804 Currency translation reserve (25,498) (42,878) Capital redemption reserve 32 15 Other reserves 282 545 Total other reserves (639,852) (478,042) The movements in other reserves are as follows: In thousands of GEL 2025 2024 Other reserves at the beginning of the year (478,042) (397,992) Recognition of redemption liability during the period (88,638) - Reorganisation effect (64,104) - Remeasurement of redemption liability during the period* 30,727 (108,048) Exchange differences on translation to presentation currency 17,377 (7,834) Change fair value reserve of Investment securities measured at FVTOCI (56,928) 25,459 Dilution of NCI - (2,458) Capital redemption reserve 17 15 Other effects (261) 12,816 Other reserves at the end of the year (639,852) (478,042) *Remeasurement contains the effects of changes of exchange rate, unwinding accrual and expected results. Option agreement with minority shareholders of TBC Digital JSC In May 2025, the Group entered into an agreement that restructured its operations in Uzbekistan. Under the new arrangement, TBC Digital JSC - a holding company controlled by the Group (the Group held 79.69% of its total shares as of June 30, 2025) - became the 100% owner of both JSCB TBC Bank and Payme JSC. As of 31 December 2024, the Group directly held a 67.92% interest in JSCB TBC Bank and 100% of Payme JSC, with the remaining interest in JSCB TBC Bank held by minority shareholders. Prior to the reorganisation transaction, minority shareholders held a put option to sell their shares in JSCB TBC Bank, while the Group held a corresponding call option to purchase those shares. The Group recognised a redemption liability
in respect of the put option, which amounted to GEL 473,528 thousand as at 31 December 2024. Under the new arrangement, the existing put and call options over JSCB TBC Bank were replaced with options over TBC Digital JSC. Minority shareholders hold a put option exercisable from the fifth anniversary of the transaction\u2019s completion date for as long as they retain shares, while the Group holds a call option exercisable from the eighth anniversary of the transaction\u2019s completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (refer to Note 39 for more details). On the date of the reorganisation, 31 May 2025, the Group derecognised the redemption liability related to the previous agreement and recognised a new redemption liability representing the present value of redemption liability for put option, recorded through the other reserves within equity as the reorganisation represents an equity transaction with shareholders (The reorganisation effect amounted of GEL 64,104 thousand as presented in the table above). The redemption liability is carried at amortised cost and interest is unwound as well as subsequent remeasurement effects on each reporting date are recorded through other reserves in equity, as allowed by IFRS for transactions where the non-controlling participants remain exposed to the risks and rewards associated with the subsidiary's shares. The redemption liability amounted to GEL 506,906 thousand as at 31 December 2025. In the separate statement of financial position of TBC Bank Group PLC, the option is recognised and measured at fair value. Acquisition of Shoppe Group LLC and option agreement with minority shareholders In September 2025, TBC Bank Group PLC acquired a 46.67% equity interest in Shoppe Group LLC, Uzbekistan\u2019s leading retail management platform, further strengthening its offering for small and medium sized enterprises in the country. The acquisition was financed by cash consideration of GEL 18,999 thousand. Immediately following this acquisition, in September 2025, TBC Bank Group PLC subscribed to newly issued shares through an additional capital injection of GEL 5,422 thousand, increasing its ownership by a further 6.27%. Consequently, TBC Bank Group PLC\u2019s total interest in Shoppe Group LLC increased to 52.94%. The fair value of net assets acquired amounted of GEL 9,512 thousand at acquisition. Non-controlling interest measured at proportionate share of net assets amounted of GEL 4,476 thousand and goodwill arising on acquisition of GEL 19,385 thousand was recognised in the Group\u2019s consolidated statement of financial position, arising from the expected synergies from combining the operations of the Group and Shoppe Group LLC, as well as from intangible assets that did not qualify for separate recognition. Minority shareholders hold a put option over remaining shares in Shoppe Group LLC, which may be exercised twice: the third and the fourth anniversaries of the transaction completion date. The Group holds a call option to acquire the remaining minority interest, which is also exercisable twice: the third and the fourth anniversaries of the transaction completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (Refer to Note 39). The Group recognised the redemption liability as a present value of the estimated exercise price payable to NCI shareholders if the put option is exercised, recorded through the other reserves within equity. The redemption liability amounted to GEL 88,638 thousand as at 31 December 2025.
Option agreement with minority shareholders of TBC Digital JSC In May 2025, the Group entered into an agreement that restructured its operations in Uzbekistan. Under the new arrangement, TBC Digital JSC - a holding company controlled by the Group (the Group held 79.69% of its total shares as of June 30, 2025) - became the 100% owner of both JSCB TBC Bank and Payme JSC. As of 31 December 2024, the Group directly held a 67.92% interest in JSCB TBC Bank and 100% of Payme JSC, with the remaining interest in JSCB TBC Bank held by minority shareholders. Prior to the reorganisation transaction, minority shareholders held a put option to sell their shares in JSCB TBC Bank, while the Group held a corresponding call option to purchase those shares. The Group recognised a redemption liability
in respect of the put option, which amounted to GEL 473,528 thousand as at 31 December 2024Under the new arrangement, the existing put and call options over JSCB TBC Bank were replaced with options over TBC Digital JSC. Minority shareholders hold a put option exercisable from the fifth anniversary of the transaction\u2019s completion date for as long as they retain shares, while the Group holds a call option exercisable from the eighth anniversary of the transaction\u2019s completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (refer to Note 39 for more details). On the date of the reorganisation, 31 May 2025, the Group derecognised the redemption liability related to the previous agreement and recognised a new redemption liability representing the present value of redemption liability for put option, recorded through the other reserves within equity as the reorganisation represents an equity transaction with shareholders (The reorganisation effect amounted of GEL 64,104 thousand as presented in the table above). The redemption liability is carried at amortised cost and interest is unwound as well as subsequent remeasurement effects on each reporting date are recorded through other reserves in equity, as allowed by IFRS for transactions where the non-controlling participants remain exposed to the risks and rewards associated with the subsidiary's shares. The redemption liability amounted to GEL 506,906 thousand as at 31 December 2025. In the separate statement of financial position of TBC Bank Group PLC, the option is recognised and measured at fair value. Acquisition of Shoppe Group LLC and option agreement with minority shareholders In September 2025, TBC Bank Group PLC acquired a 46.67% equity interest in Shoppe Group LLC, Uzbekistan\u2019s leading retail management platform, further strengthening its offering for small and medium sized enterprises in the country. The acquisition was financed by cash consideration of GEL 18,999 thousand. Immediately following this acquisition, in September 2025, TBC Bank Group PLC subscribed to newly issued shares through an additional capital injection of GEL 5,422 thousand, increasing its ownership by a further 6.27%. Consequently, TBC Bank Group PLC\u2019s total interest in Shoppe Group LLC increased to 52.94%. The fair value of net assets acquired amounted of GEL 9,512 thousand at acquisition. Non-controlling interest measured at proportionate share of net assets amounted of GEL 4,476 thousand and goodwill arising on acquisition of GEL 19,385 thousand was recognised in the Group\u2019s consolidated statement of financial position, arising from the expected synergies from combining the operations of the Group and Shoppe Group LLC, as well as from intangible assets that did not qualify for separate recognition. Minority shareholders hold a put option over remaining shares in Shoppe Group LLC, which may be exercised twice: the third and the fourth anniversaries of the transaction completion date. The Group holds a call option to acquire the remaining minority interest, which is also exercisable twice: the third and the fourth anniversaries of the transaction completion date. The Group analysed the terms of put and call options and concluded that the shares subject to options shall not be accounted for as acquired and non-controlling interests should be recognised (Refer to Note 39). The Group recognised the redemption liability as a present value of the estimated exercise price payable to NCI shareholders if the put option is exercised, recorded through the other reserves within equity. The redemption liability amounted to GEL 88,638 thousand as at 31 December 2025.
39. Non-Controlling Interest Non-controlling interest in TBC Digital JSC As a result of the Group\u2019s reorganisation of its operations in Uzbekistan (refer to Note 26), TBC Digital JSC became the holding company for JSCB TBC Bank and Payme JSC. Following the reorganisation, minority shareholders hold an interest in TBC Digital JSC, resulting in a non-controlling interest of 20.31% as at the date of the transaction. On the date of the reorganisation, 31 May 2025, the net assets of TBC Digital JSC amounted to GEL 649,955 thousand, of which the share attributable to non-controlling interests was GEL 131,984 thousand. Prior to the reorganisation of the Group\u2019s operations in Uzbekistan, non-controlling interests were held directly in JSCB TBC Bank. At the reorganisation date of 31 May 2025, non-controlling interests in JSCB TBC Bank amounted to GEL 175,251 thousand. As the Group retained control over TBC Digital JSC and its subsidiaries following the reorganisation, the change in the non-controlling interest was accounted for as an equity transaction. Before the reorganization, in 2024, additional capital injections were made into JSCB TBC Bank. In July 2024, TBC Bank Group PLC and NCI shareholders finalized capital injections on a proportionate basis, injecting GEL 64,465 thousand and GEL 42,634 thousand, respectively. In December 2024 TBC Bank Group PLC solely made additional capital injections in JSCB TBC Bank increasing the total shareholding to 67.92%. The capital injected amounted to GEL 103,355 thousand. The carrying value of the net assets of JSCB TBC Bank was GEL 546,221 thousand, out of which NCI amounted to GEL 175,236 thousand. Since the Group has already owned 60.24% of the total shareholding (i.e., exercising the control) the decrease in NCI was accounted for as an equity transaction. Non-controlling interest in Shoppe Group LLC Following completion of the acquisition of Shoppe Group LLC shares, the non-controlling interest amounted to 47.06% (see Note 26 for further details). At initial recognition, the net assets of Shoppe Group LLC amounted of GEL 9,512 thousand, and the NCI was measured at GEL 4,476 thousand in accordance with the Group\u2019s proportionate share policy.
The following table provides information for each subsidiary with a non-controlling interest as of 31 December 2025: In thousands of GEL Proportion of non- controlling interest\u2019s voting rights held Profit attributable to non-controlling interest Accumulated non- controlling interest in the subsidiary TBC Digital JSC including: 20.31% 21,385 156,677 JSCB TBC Bank 20.31% 18,255 38,333 Payme JSC 20.31% 3,628 1,558 Shoppe Group LLC 47.06% (157) 4,346 JSC TBC Bank including: 0.12% 1,707 9,979 United Financial Corporation JSC 0.47% 74 335 Total non-controlling interest 22,935 171,002 The summarized financial information of these subsidiaries as at and for the year ended 31 December 2025 was: In thousands of GEL Current assets Non-current assets Current liabilities Non-current liabilities Revenue Profit Total comprehensive income Net cash flows TBC Digital JSC including: 1,750,327 1,739,610 1,419,037 1,299,361 689,176 126,828 147,938 1,593 JSCB TBC Bank 1,700,928 1,653,304 1,405,144 1,275,243 621,390 111,253 127,798 (25,013) Payme JSC 47,249 86,306 13,570 24,118 67,870 18,020 22,617 26,596 Shoppe Group LLC 3,810 6,554 1,129 - 768 (335) (311) 3,634 JSC TBC Bank including: 20,005,832 20,167,888 6,849,328 27,405,624 2,636,104 1,333,454 1,282,966 (499,790) United Financial Corporation JSC 7,804 55,143 3,276 848 31,415 15,844 15,844 1,084 The following table provides information for each subsidiary with a non-controlling interest as of 31 December 2024: In thousands of GEL Proportion of non- controlling interest\u2019s voting rights held Profit attributable to non-controlling interest Accumulated non- controlling interest in the subsidiary JSCB TBC Bank 32.08% 21,997 175,236 JSC TBC Bank including: 0.12% 1,583 8,273 United Financial Corporation JSC 0.47% 55 252 Total non-controlling interest 23,580 183,509 The summarised financial information of these subsidiaries as at and for the year ended 31 December 2024 was: In thousands of GEL Current assets Non-current assets Current liabilities Non-current liabilities Revenue Profit Total comprehensive income Net cash flows JSCB TBC Bank 1,158,029 1,059,033 684,845 985,995 318,429 54,992 53,963 139,688 JSC TBC Bank including: 18,980,343 18,684,729 7,351,780 24,858,572 2,373,954 1,244,717 1,270,896 (873,122) United Financial Corporation JSC 6,535 41,472 4,897 1,738 25,101 11,788 11,788 330
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-677": {
"value": "27. Share Based Payments 2024 remuneration scheme \u2013 Executive Directors TBC Bank Group PLC (\"TBC PLC\") announced a directors\u2019 remuneration policy, which was approved by shareholders at the 2024 AGM and provides the framework for directors\u2019 remuneration for the three-year period from 2024-2026. In consideration of the evolving strategy, the maturity of the business, and local market practices, there was a proposal to alter the structure of the incentive model. The change involved transitioning from separate annual bonuses delivered in shares and an LTIP scheme to a unified incentive known as the \"Combined Incentive Plan.\" This new plan integrates short and long-term performance elements, incorporating a substantial long-term share-based deferral. The new arrangement replaced the existing remuneration plan for Executive Directors starting in 2024. Therefore, the 2024 year has been modified with the new plan. Modification did not result in acceleration as the terms have not been worsened for scheme participants. New plan for the Executive Director from 2024 includes the following components regarding share remuneration: \u2022 Shares Salary will be subject to a 3-year holding period and will be released in three equal annual tranches after one, two and three years respectively at 33%-33%-34% (not subject to any continuing service requirements, malus or claw back). \u2022 Variable Pay \u2013 Combined Incentive Plan (\u201cCIP\"), which includes a three-step performance assessment process: 1. Performance Gateway \u2013 Eligibility for payments under the Combined Incentive Plan is subject to passing gateway criteria, measured over the Annual KPI Performance Period. The Gateway criteria are based on measures of financial soundness (including capital, liquidity and profitability). 2. Annual KPI performance scorecard \u2013 Based on performance against the Annual KPI targets, the Remuneration Committee will determine an overall payout percentage of salary. The payout is split between a \u201cShare Award\u201d \u2013 40% of the total will be paid in shares which must be held for at least three years (subject to 3-year claw back) and a \u201cLong-Term Share Award\u201d \u2013 60% of the total will be awarded as a deferred award of shares which will vest after five years. (Subject to continued employment, malus and a 3-year claw back) 3. TSR shareholder alignment mechanism \u2013 The grant value of a Long-Term Share Award (60%) determined by the stringent performance assessment in Performance Step 1 and Performance Step 2 may be scaled back by up to 50% if TBC\u2019s Total Shareholder Return (\u201cTSR\u201d) is not at least in line with a weighted TSR index. \u2022 Shareholding Requirement \u2013 Minimum shareholding requirement of 200% of base salary. The participants are entitled to receive dividends on the Share Salary and the Share Award (40% of variable remuneration). Upon vesting, dividend equivalents in respect of the Long-Term Share Award will be payable in cash equal to the dividends paid on the underlying shares between the date the award was made and the vesting date. No dividends or dividend equivalents will be paid on any Award (or part therefore) that lapses on or before vesting.
27. Share Based Payments continued 2022-2023 remuneration scheme The below section explains only the components that are still expensed based on the 2022-2023 schemes until vesting. The remuneration system was approved by shareholders at the TBC Bank Group PLC\u2019s Annual General Meeting in June 2021 and came into effect on 1 January 2022. It covers the period 2022-2023. The Share salary from previous systems have already vested. Variable Remuneration Variable remuneration of the Top Management consisted of the annual bonus delivered in shares (the \u201cAnnual Bonus\u201d) and the share awards under the Long-Term Incentive Plan (the \u201cLTIP Award\u201d). 60% of variable remuneration is the LTIP Award and the remaining 40% constituted the Annual Bonus. (a) Annual Bonus under Deferred Share plan 2022-2023 Annual Bonus is delivered in TBC PLC shares. The Executive Directors received the annual bonus entirely in TBC PLC shares and it did not comprise any cash component. Annual Bonus award is subject to a holding period (but not continued employment) over 2 years period with 50% being released after one year and remaining 50% being released at the end of second year. The Annual Bonus is subject to malus and claw back provisions as described in the Deferred Share Plan. During the holding period, participants are entitled to vote at the shareholder meetings and receive dividends. (b) Long Term Incentive Plan (LTIP) 2022-2023 The level of LTIP Award grant was determined pro rata from the LTIP maximum opportunity based on the assessment of the base i.e., prior year\u2019s Annual Bonus corporate KPIs performance. LTIP Awards granted would then be subject to 3-year LTIP forward-looking performance conditions and would vest at the end of 5-year period following the grant. LTIP Award forward-looking KPIs were set at the beginning of each year in relation to that year\u2019s cycle by the Remuneration Committee. The Participants are not entitled to any dividend or voting rights until the LTIP Award vests. Middle Management Middle management receives cash bonuses, as well as share-based awards. According to the scheme, each year, subject to predefined performance conditions, a certain number of shares are awarded to most of the middle managers in the Group. The performance features key performance indicators (KPIs) divided into (i) corporate and (ii) individual. The corporate KPIs are mainly related to achieving profitability, efficiency, and portfolio quality metrics set by the Board as well as non-financial indicators regarding to customers\u2019 experience and employees\u2019 engagement. The individual performance indicators are set on an individual basis and are used to calculate the number of shares to be awarded to each employee. Once awarded, all shares carry service conditions and, before those conditions are met, are eligible for dividends; however, they cannot be sold or transferred to third parties. Service conditions foresee continuous employment until the gradual transfer of the full title to the scheme participants is complete. Vesting conditions are 33%, 33%, 34% per year for the 3-year period since the award date. Under this compensation system the total vesting period extends to 4 years since the grant date. In addition, the variable remuneration structure for other identified Material Risk Taker (\u201cMRT\u201d) employees, below the level of executive management board members of JSC TBC Bank, is subject to regulatory requirements and is in line with the NBG CG Code. For MRT employees holding end date for non-deferred variable remuneration is 6 months after award date.
Currently, remuneration scheme for the year 2025 is being granted27. Share Based Payments continued Tabular information on the schemes is given below: 31 December 2025 31 December 2024 Number of unvested shares at the beginning of the period 1,507,090 1,608,323 Number of shares granted 255,658 285,871 Change in estimates of number of shares expected to vest (24,849) (125,630) Change in number of shares based on actual share price, exchange rate and KPI accomplishment 94,381 54,090 Number of shares vested (282,649) (315,564) Number of unvested shares at the end of the period 1,549,631 1,507,090 Expense recognised as staff cost during the period was GEL 40,163 thousand (31 December 2024: GEL 30,959 thousand). The fair value of the employee services received in exchange for the grant of the equity instruments is determined by the nature of the award. Currently there are several types of share-based award schemes as described above. The deferred share salary and deferred share bonus are the grants of the possible bonus pool amount, which will be based on the performance conditions. The fair value of the award is determined by the present value of the amount as at grant date and probable performance conditions accomplishment. The LTIP and long-term plan are the awards of potential maximum share numbers also up to performance conditions. The fair value of the award as of the grant date is determined by the grant date share price and probable performance conditions accomplishment. The fair value amount of 2025 performance related grants are GEL 45,049 thousand. The tax part of the existing variable remuneration system is accounted for on both equity and cash settled basis. Cash settled part recognised as liability at the end of 31 December 2025 is GEL 1,125 thousand (31 December 2024: GEL 1,966 thousand). Staff costs related to equity settled part of the share-based payment schemes are recognised in the income statement on a pro-rata basis over the vesting period of each relevant scheme tranche and corresponding entry is credited to share based payment reserve in equity. The Group operates employee benefit trust (EBT) set up by the Executive Equity Compensation Trustee \u2013 Sanne Fiduciary Services Limited (the \u201cTrustee\u201d) which acts as the trustee of the Group\u2019s share-based payments plan. EBT, under the instruction of the Company, purchases TBC Bank Group PLC\u2019s shares from the open market and holds them before they are awarded to participants. TBC Bank Group PLC pays cash for the share purchase, and the amount is later reimbursed by the Bank under a recharge agreement. Decision on the number of shares to be purchased each year is the remit of the Remuneration Committee of the TBC Bank Group PLC. The shares are presented under Shares held by trust category in the Statement of Financial Position until they are awarded to participants. As at 31 December 2025 the share number held by Trustee was 889,804 (31 December 2024: 868,235), which represents 1.6% of total outstanding shares (31 December 2024: 1.5%).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-678": {
"value": "2024 remuneration scheme \u2013 Executive Directors TBC Bank Group PLC (\"TBC PLC\") announced a directors\u2019 remuneration policy, which was approved by shareholders at the 2024 AGM and provides the framework for directors\u2019 remuneration for the three-year period from 2024-2026. In consideration of the evolving strategy, the maturity of the business, and local market practices, there was a proposal to alter the structure of the incentive model. The change involved transitioning from separate annual bonuses delivered in shares and an LTIP scheme to a unified incentive known as the \"Combined Incentive Plan.\" This new plan integrates short and long-term performance elements, incorporating a substantial long-term share-based deferral. The new arrangement replaced the existing remuneration plan for Executive Directors starting in 2024. Therefore, the 2024 year has been modified with the new plan. Modification did not result in acceleration as the terms have not been worsened for scheme participants. New plan for the Executive Director from 2024 includes the following components regarding share remuneration: \u2022 Shares Salary will be subject to a 3-year holding period and will be released in three equal annual tranches after one, two and three years respectively at 33%-33%-34% (not subject to any continuing service requirements, malus or claw back). \u2022 Variable Pay \u2013 Combined Incentive Plan (\u201cCIP\"), which includes a three-step performance assessment process: 1. Performance Gateway \u2013 Eligibility for payments under the Combined Incentive Plan is subject to passing gateway criteria, measured over the Annual KPI Performance Period. The Gateway criteria are based on measures of financial soundness (including capital, liquidity and profitability). 2. Annual KPI performance scorecard \u2013 Based on performance against the Annual KPI targets, the Remuneration Committee will determine an overall payout percentage of salary. The payout is split between a \u201cShare Award\u201d \u2013 40% of the total will be paid in shares which must be held for at least three years (subject to 3-year claw back) and a \u201cLong-Term Share Award\u201d \u2013 60% of the total will be awarded as a deferred award of shares which will vest after five years. (Subject to continued employment, malus and a 3-year claw back) 3. TSR shareholder alignment mechanism \u2013 The grant value of a Long-Term Share Award (60%) determined by the stringent performance assessment in Performance Step 1 and Performance Step 2 may be scaled back by up to 50% if TBC\u2019s Total Shareholder Return (\u201cTSR\u201d) is not at least in line with a weighted TSR index. \u2022 Shareholding Requirement \u2013 Minimum shareholding requirement of 200% of base salary. The participants are entitled to receive dividends on the Share Salary and the Share Award (40% of variable remuneration). Upon vesting, dividend equivalents in respect of the Long-Term Share Award will be payable in cash equal to the dividends paid on the underlying shares between the date the award was made and the vesting date. No dividends or dividend equivalents will be paid on any Award (or part therefore) that lapses on or before vesting.
44. Related Party Transactions Pursuant to IAS 24 \u201cRelated Party Disclosures\u201d, parties are generally considered to be related if the parties are under common control or one party has the ability to control the other or it can exercise significant influence over the other party in taking financial or operational decisions. In considering each possible related party relationship, attention is directed to the substance of the relationship, not merely the legal form: \u2022 The key management personnel include members of TBCG\u2019s Board of Directors and the Management Board of the Bank. \u2022 Other related parties include close family members such as spouses, children, parents, and siblings of key management personnel and Entities significantly controlled or owned by key management personnel or their close family members. Transactions between TBC Bank Group PLC and its subsidiaries also meet the definition of related party transactions. As at 31 December 2025 and 2024 the Group\u2019s outstanding balances with related parties were as follows: In thousands of GEL Contractual interest rate Key management personnel Other related parties Associates 2025 Gross amount of loans and advances to customers 4.8%-33.0% 1,961 1,907 - Customer accounts 0%-13.1% 10,715 34,459 8,145 2024 Gross amount of loans and advances to customers 4.8%-36.0% 826 1,759 - Customer accounts 0%-12.2% 14,064 40,185 5,798 The Group\u2019s income and expense items with related parties except from key management compensation for the years 2025 and 2024 were as follows: In thousands of GEL Key management personnel Other related parties Associates 2025 Interest income - loans and advances to customers 39 118 - Interest expense 641 1,407 493 Fee and commission income 21 43 3 Administrative and other operating expenses (excluding staff costs) 2,012 - - 2024 Interest income - loans and advances to customers 344 115 - Interest expense 475 835 248 Fee and commission income 17 72 4 Administrative and other operating expenses (excluding staff costs) 2,312 - -
The aggregate loan amounts disbursed to and repaid by related parties during 2025 and 2024 were as follows: In thousands of GEL Key management personnel Other related parties 2025 Amounts disbursed to related parties during the year 2,369 2,437 Amounts repaid by related parties during the year (1,227) (2,357) 2024 Amounts disbursed to related parties during the year 2,505 1,662 Amounts repaid by related parties during the year (7,635) (1,722) As of 31 December 2025, and 2024 transactions and balances of TBC Bank Group PLC with subsidiaries were as follows: In thousands of GEL Contractual interest rate Carrying amount 2025 Cash and cash equivalents - 110,430 Loans issued* 8%-24.50% 588,292 Investment in subsidiaries - 2,560,085 Other financial assets - 97,214 Foreign exchange forward contracts liability - 35,625 2024 Cash and cash equivalents - 66,882 Loans issued* 8.25%- 24.50% 150,305 Investment in subsidiaries - 2,374,388 Other financial assets - 769 Foreign exchange forward contracts liability - 2,860 *Loans issued represent short term intragroup obligation in USD, all of which is classified at stage 1 with no ECL for the separate statement of financial position. The income and expense items for TBC Bank Group PLC with subsidiaries except from key management compensation for the years 2025 and 2024 were as follows: In thousands of GEL 2025 2024 Interest income 82,767 15,862 Interest expense 19,347 1,279 Fee and commission expense 15 15 Dividend income 827,601 582,770 Professional Expenses 10,178 2,850 Net losses from currency derivatives, foreign currency operations and translation 18,657 11,837
The movement of investment in subsidiary for separate TBC Bank Group PLC for the year 2025 was as follow: In thousands of GEL 1 January 2025 Considerations for investments in subsidiaries Capital injections Reorganisation of Uzbekistan operations 31 December 2025 JSC TBC Bank 1,452,451 - - - 1,452,451 JSC Space 130,503 - 28,500 - 159,003 T Net LLC 87,691 - 11,063 - 98,754 TBC Group support LLC 19,037 - 9,500 - 28,537 TBC Insurance JSC 7,823 - - - 7,823 TBC International Holding Limited 16,903 - 6,887 - 23,790 Marjanishvili 7 LLC 244 - - - 244 TBC Digital JSC* 41 98,100 - 635,280 733,421 Payme JSC 241,421 - - (241,421) - JSCB TBC Bank 388,569 - - (388,569) - Shoppe Group LLC - 18,998 5,426 - 24,424 Investment in subsidiaries 2,344,683 117,098 61,376 5,290 2,528,447 *In May 2025 the Group completed the reorganisation of the structure of Uzbekistan operations. For more details refer to the note 26. The movement of investments in subsidiary for separate TBC Bank Group PLC for the year 2024 was as follow: In thousands of GEL 1 January 2024 Considerations for investments in subsidiaries Capital injections Purchase of additional interest from minority shareholders 31 December 2024 JSC TBC Bank 1,452,451 - - - 1,452,451 Payme JSC 240,360 - 1,061 - 241,421 JSCB TBC Bank 217,749 - 170,820 - 388,569 JSC Space 84,503 - 46,000 - 130,503 T Net LLC 75,142 - 12,549 - 87,691 TBC Group support LLC 8,200 - 10,837 - 19,037 TBC Insurance JSC 7,823 - - - 7,823 TBC International Holding Limited 1,629 - 15,274 - 16,903 Marjanishvili 7 LLC 244 - - - 244 TBC Digital JSC - - 41 - 41 Investment in subsidiaries 2,088,101 - 256,582 - 2,344,683
The compensation of the TBCG Board of Directors and the Bank\u2019s Management Board is presented below: In thousands of GEL 2025 2024 Salaries and short-term bonuses 19,053 18,974 Equity-settled share-based compensation 28,214 21,736 Total 47,267 40,710 Included In salaries and bonuses for 2025, GEL 4,874 thousand (2024: GEL 4,411 thousand) relates to compensation for TBC Bank Group PLC\u2019s non-executive directors (2025: 9 persons, 2024: 8 persons). For 2025, GEL 2,573 thousand (2024: GEL 2,386 thousand) relates to salary expense of non-executive directors for standalone TBC Bank Group PLC. Details of the director\u2019s remuneration are discussed in the remuneration committee report.
28. Earnings Per Share Basic earnings per share are calculated by dividing the profit or loss attributable to the owners of the Group by the weighted average number of ordinary shares in issue during the year. In thousands of GEL 2025 2024 Profit for the year attributable to the owners of the TBCG 1,397,337 1,284,051 Weighted average number of ordinary shares in issue 55,383,224 54,841,392 Basic earnings per ordinary share attributable to the owners of the Group (expressed in GEL per share) 25.23 23.41 Diluted earnings per share are calculated by dividing the profit or loss attributable to owners of the Group by the weighted average number of ordinary shares adjusted for the effects of all dilutive potential ordinary shares during the year. Ordinary shares with dilutive potential represent those shares that were granted to the participants of the share- based payments scheme and are not yet distributed. In thousands of GEL 2025 2024 Profit for the year attributable to the owners of the TBCG 1,397,337 1,284,051 Weighted average number of ordinary shares in issue adjusted for the effects of all dilutive potential ordinary shares during the period 55,992,480 55,169,751 Diluted earnings per ordinary share attributable to the owners of the Group (expressed in GEL per share) 24.96 23.27
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-680": {
"value": "29. Segment Analysis The Management Board (the \u201cBoard\u201d) is the chief operating decision maker (CODM) and it reviews the Group\u2019s internal reporting to assess the performance and to allocate resources. The segment profit measure is profit for the period. The operating segments are defined as follows: \u2022 Georgian financial services - include JSC TBC Bank with its Georgian subsidiaries and JSC TBC Insurance, with its subsidiary. \u2022 Uzbekistan operations \u2013 Shoppe Group LLC and TBC Digital JSC with respective subsidiaries. \u2022 Other operations and eliminations \u2013 include non-material or non-financial subsidiaries of the group and intra- group eliminations. The reportable segments are the same as the operating segments. No revenue from transactions with a single external customer or counterparty amounted to 10% or more of the Group\u2019s total revenue in 2025 and 2024. Allocation of indirect expenses is performed based on drivers identified for each type of cost where possible. If there is no identifiable driver for any type of expense/overhead cost, those expenses are allocated between segments based on the same logic as applied for the expenses with similar nature (e.g., other operating expenses would follow the pattern of closest category of operating expenses). The intersegment transfer pricing methodology is an internally developed tool founded on matched maturity logics. It is used to effectively manage liquidity and mitigate interest rate risks within the Group. The process entails the corporate centre borrowing monetary amounts (deposits) from different business segments. Compensation for each deposit is based on its specific currency, duration, type, liquidity and capital requirements, ensuring equitable treatment for each segment. In turn, business segments borrow funds from the corporate centre to finance loans and other assets. The pricing for each borrowing transaction is determined based on factors such as the currency, loan type (fixed, floating, mixed interest rates), loan duration, and capital requirement.
The table below presents the income statement for the year ended 31 December 2025 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations and eliminations* Total In thousands of GEL Interest income 3,622,567 1,064,618 2,156 4,689,341 Interest expense (1,814,300) (526,176) 12,218 (2,328,258) Net interest on currency swaps 11,562 (1,645) (18,546) (8,629) Net interest income 1,819,829 536,797 (4,172) 2,352,454 Fee and commission income 800,825 258,964 11,974 1,071,763 Fee and commission expense (346,979) (110,287) 2,193 (455,073) Net fee and commission income 453,846 148,677 14,167 616,690 Net insurance income 52,272 8,229 (867) 59,634 Net gains/(losses) from derivatives, foreign currency operations and translation 346,897 (5,001) (5,875) 336,021 Other operating income 23,080 1,243 264 24,587 Share of profit of associate 572 - - 572 Other operating non-interest income and net insurance income 422,821 4,471 (6,478) 420,814 Credit loss allowance for loans to customers (177,357) (203,384) (49) (380,790) Credit loss allowance for other financial and impairment of non-financial assets (29,715) (35,255) (1,339) (66,309) Operating income after expected credit loss allowance and non-financial asset impairment losses 2,489,424 451,306 2,129 2,942,859 Staff costs (490,139) (104,391) (56,267) (650,797) Depreciation and amortisation (130,539) (26,767) (11,131) (168,437) Administrative and other operating expenses (269,593) (174,553) (6,271) (450,417) Operating expenses (890,271) (305,711) (73,669) (1,269,651) Profit before tax 1,599,153 145,595 (71,540) 1,673,208 Income tax expense (222,533) (18,960) (11,443) (252,936) Profit for the period 1,376,620 126,635 (82,983) 1,420,272 *The Group has not included eliminations separately considering their immateriality. Meanwhile other operating income includes intergroup dividends of GEL 827,601 thousand.
The table below presents the income statement for the year ended 31 December 2024 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations and eliminations* Total In thousands of GEL Interest income 3,132,568 554,488 7,464 3,694,520 Interest expense (1,622,756) (239,134) (1,687) (1,863,577) Net interest on currency swaps 82,000 (12,500) 764 70,264 Net interest income 1,591,812 302,854 6,541 1,901,207 Fee and commission income 677,020 156,517 8,749 842,286 Fee and commission expense (278,765) (45,045) 1,950 (321,860) Net fee and commission income 398,255 111,472 10,699 520,426 Net insurance income 35,986 - (715) 35,271 Net gains/(losses) from derivatives, foreign currency operations and translation 367,867 (501) (7,855) 359,511 Other operating income 16,290 71 372 16,733 Share of profit of associate 574 - - 574 Other operating non-interest income and net insurance income 420,717 (430) (8,198) 412,089 Credit loss allowance for loans to customers (114,187) (67,356) 4,677 (176,866) Credit loss allowance for other financial and impairment of non-financial assets (13,985) (9,775) (15,935) (39,695) Operating income after expected credit loss allowance and non-financial asset impairment losses 2,282,612 336,765 (2,216) 2,617,161 Staff costs (445,995) (67,935) (56,531) (570,461) Depreciation and amortisation (121,756) (13,375) (10,158) (145,289) Administrative and other operating expenses (219,755) (127,031) (10,540) (357,326) Operating expenses (787,506) (208,341) (77,229) (1,073,076) Profit before tax 1,495,106 128,424 (79,445) 1,544,085 Income tax expense (218,220) (18,100) (134) (236,454) Profit for the period 1,276,886 110,324 (79,579) 1,307,631 *The Group has not included eliminations separately considering their immateriality. Meanwhile other operating income includes intergroup dividends of GEL 582,770 thousand.
The table below presents certain asset and liability information as at 31 December 2025 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations Eliminations Total In thousands of GEL Gross loans and advances to customers 26,994,035 2,273,172 588,291 (588,292) 29,267,206 Customer accounts 24,324,216 1,479,519 - (143,677) 25,660,058 Goodwill 28,197 33,399 17,752 - 79,348 Capital expenditures 283,631 114,494 92,980 (70,367) 420,738 Credit related commitments and performance guarantees 3,107,308 172,514 - - 3,279,822 The table below presents certain asset and liability information as at 31 December 2024 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations Eliminations Total In thousands of GEL Gross loans and advances to customers 24,502,727 1,569,093 167,167 (150,305) 26,088,682 Customer accounts 21,890,518 1,055,758 - (82,443) 22,863,833 Goodwill 28,197 14,015 17,752 - 59,964 Capital expenditures 212,818 90,705 78,214 (30,743) 350,994 Credit related commitments and performance guarantees 3,411,522 - - - 3,411,522
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-683": {
"value": "30. Interest Income and Expense In thousands of GEL 2025 2024 Interest income calculated using effective interest rate method Loans and advances to customers 3,850,647 3,053,149 Investment securities 458,821 344,665 Due from other banks 149,097 161,941 Repurchase receivables 3,349 6,392 Other financial assets 4,448 3,297 Other interest income Finance lease receivables 222,979 125,076 Total interest income 4,689,341 3,694,520 Interest expense Customer accounts (1,377,118) (1,153,903) Due to credit institutions (637,463) (444,253) Debt securities in issue and AT1 (197,528) (149,219) Subordinated debt (104,158) (109,176) Other interest expense Lease Liabilities (11,991) (7,026) Total interest expense (2,328,258) (1,863,577) Net interest on currency swaps (8,629) 70,264 Net interest income 2,352,454 1,901,207 During 2025 interest accrued on defaulted loans amounted to GEL 33,989 thousand (2024: GEL 41,351 thousand). During 2025 capitalised interest expense in the amount of GEL 6,415 thousand (2024: GEL 4,262 thousand) was attributable to the construction of the Group\u2019s headquarter. The capitalisation rate used to determine the amount of borrowing costs recognised is weighted average of interest-bearing liabilities by currencies: 8.17% in GEL, 3.47% in USD and 2.56% in EUR. (2024: 8.20% in GEL, 2.80% in USD and 2.70% in EUR). For details of construction in progress please refer to Note 16.
30. Interest Income and Expense In thousands of GEL 2025 2024 Interest income calculated using effective interest rate method Loans and advances to customers 3,850,647 3,053,149 Investment securities 458,821 344,665 Due from other banks 149,097 161,941 Repurchase receivables 3,349 6,392 Other financial assets 4,448 3,297 Other interest income Finance lease receivables 222,979 125,076 Total interest income 4,689,341 3,694,520 Interest expense Customer accounts (1,377,118) (1,153,903) Due to credit institutions (637,463) (444,253) Debt securities in issue and AT1 (197,528) (149,219) Subordinated debt (104,158) (109,176) Other interest expense Lease Liabilities (11,991) (7,026) Total interest expense (2,328,258) (1,863,577) Net interest on currency swaps (8,629) 70,264 Net interest income 2,352,454 1,901,207 During 2025 interest accrued on defaulted loans amounted to GEL 33,989 thousand (2024: GEL 41,351 thousand). During 2025 capitalised interest expense in the amount of GEL 6,415 thousand (2024: GEL 4,262 thousand) was attributable to the construction of the Group\u2019s headquarter. The capitalisation rate used to determine the amount of borrowing costs recognised is weighted average of interest-bearing liabilities by currencies: 8.17% in GEL, 3.47% in USD and 2.56% in EUR. (2024: 8.20% in GEL, 2.80% in USD and 2.70% in EUR). For details of construction in progress please refer to Note 16.
30. Interest Income and Expense In thousands of GEL 2025 2024 Interest income calculated using effective interest rate method Loans and advances to customers 3,850,647 3,053,149 Investment securities 458,821 344,665 Due from other banks 149,097 161,941 Repurchase receivables 3,349 6,392 Other financial assets 4,448 3,297 Other interest income Finance lease receivables 222,979 125,076 Total interest income 4,689,341 3,694,520 Interest expense Customer accounts (1,377,118) (1,153,903) Due to credit institutions (637,463) (444,253) Debt securities in issue and AT1 (197,528) (149,219) Subordinated debt (104,158) (109,176) Other interest expense Lease Liabilities (11,991) (7,026) Total interest expense (2,328,258) (1,863,577) Net interest on currency swaps (8,629) 70,264 Net interest income 2,352,454 1,901,207 During 2025 interest accrued on defaulted loans amounted to GEL 33,989 thousand (2024: GEL 41,351 thousand). During 2025 capitalised interest expense in the amount of GEL 6,415 thousand (2024: GEL 4,262 thousand) was attributable to the construction of the Group\u2019s headquarter. The capitalisation rate used to determine the amount of borrowing costs recognised is weighted average of interest-bearing liabilities by currencies: 8.17% in GEL, 3.47% in USD and 2.56% in EUR. (2024: 8.20% in GEL, 2.80% in USD and 2.70% in EUR). For details of construction in progress please refer to Note 16.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-684": {
"value": "31. Fee and Commission Income and Expense The table below presents fee and commission incomes and expenses for the year ended 31 December 2025 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations and intersegment eliminations* Total In thousands of GEL - Card operations 441,749 11,131 (2,336) 450,544 - Settlement transactions 188,822 204,846 (189) 393,479 - Guarantees issued 53,859 - - 53,859 - Cash transactions 16,697 - - 16,697 - Issuance of letters of credit 9,446 - - 9,446 - Foreign exchange operations 20,931 - - 20,931 - Other 69,321 42,987 14,499 126,807 Total fee and commission income 800,825 258,964 11,974 1,071,763 - Card operations (267,443) (14,530) 1,762 (280,211) - Settlement transactions (18,616) (78,023) (91) (96,730) - Cash transactions (25,501) - - (25,501) - Guarantees received (1,836) - - (1,836) - Letters of credit (2,937) - - (2,937) - Foreign exchange operations - - (1) (1) - Other (30,646) (17,734) 523 (47,857) Total fee and commission expense (346,979) (110,287) 2,193 (455,073) Net fee and commission income 453,846 148,677 14,167 616,690
The table below presents fee and commission incomes and expenses for the year ended 31 December 2024 regarding the Group\u2019s operating segments: Georgian financial services Uzbekistan operations Other operations and intersegment eliminations* Total In thousands of GEL - Card operations 377,642 1,230 (1,539) 377,333 - Settlement transactions 158,915 137,550 384 296,849 - Guarantees issued 54,270 - - 54,270 - Cash transactions 19,331 - (536) 18,795 - Issuance of letters of credit 6,053 - - 6,053 - Foreign exchange operations 6,376 - - 6,376 - Other 54,433 17,737 10,440 82,610 Total fee and commission income 677,020 156,517 8,749 842,286 - Card operations (210,481) (3,387) 569 (213,299) - Settlement transactions (16,736) (37,871) (120) (54,727) - Cash transactions (21,574) - 8 (21,566) - Guarantees received (1,842) - - (1,842) - Letters of credit (1,212) - - (1,212) - Foreign exchange operations - - (4) (4) - Other (26,920) (3,787) 1,497 (29,210) Total fee and commission expense (278,765) (45,045) 1,950 (321,860) Net fee and commission income 398,255 111,472 10,699 520,426 *The Group has not disclosed eliminations separately considering their immateriality. For the definition of the segments refer to Note 29.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFeeAndCommissionIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-687": {
"value": "32. Net Gains from Derivatives, Foreign Currency Operations and Translation Net gains from derivatives, foreign currency operations and translation for the following years are as follows: In thousands of GEL 2025 2024 Net gains from trading in foreign currencies 120,267 429,327 Net gains/(losses) from foreign exchange translation 215,747 (70,477) Net gains from derivative financial instruments other than derivatives on foreign currency 7 661 Total net gains from derivatives, foreign currency operations and translation 336,021 359,511 Fair Value Hedge The Group enters fixed-for-floating cross-currency interest rate swaps (CCIRS) to manage exposure to changes in fair value arising from movements in foreign exchange rates on debt securities issued and measured at amortised cost. The objective of the hedge is to mitigate foreign exchange risk arising from the USD exposure, as the Group\u2019s functional currency is GEL. The hedge is structured as a fair value hedge of changes in the spot USD/GEL exchange rate over a two-year period, with a hedge ratio of 1:1. Under this arrangement, the swap offsets foreign exchange (FX) movements on the designated bond portion, ensuring that changes in fair value attributable to FX risk are neutralized in profit or loss. The hedging instrument is a CCIRS with a notional amount of USD 200 million, entered with Goldman Sachs International, of which the maturity date is February 2027, and the swap USD/GEL exchange rate is 2.8100. The hedged item is a portion (USD 200 million) of the Group\u2019s USD-denominated AT1 perpetual bond liability, which is accounted for at amortized cost (refer to the Note 25). An economic relationship exists as the hedged item and hedging instrument are expected to move in opposite directions in response to USD/GEL spot FX movements, due to offsetting USD-denominated cash flows and with FX risk (absent pervasive credit risk effects) being the primary driver of fair value changes. Under the fair value hedge, only the spot FX rate is designated as the Hedge. Cost of hedging accounting is applied to the foreign currency basis spreads, while the forward element continues to be included in the hedging instrument. Hedge ineffectiveness arises from differences in contractual terms between the hedged item and hedging instrument, and from changes in the hedging instrument\u2019s fair value due to counterparty credit risk and other adjustments.
The Group applied qualitative and quantitative methods, including established statistical techniques, at hedge inception to assess prospective effectiveness, considering the economic relationship, hedge ratio, and credit risk. At each reporting date, the Group assesses whether conditions remain consistent with the initial analysis, evaluates hedge effectiveness, and updates documentation if needed. The table below represents hedge instruments and hedge items by hedged risk as of 31 December 2025 (2024: nil). In thousands of GEL Hedge Instrument Hedge Item Ineffectiveness Notional amount 1 Carrying amount of liability Balance sheet presen- tation Change in fair value 2 Carrying amount Balance sheet presentation Change in fair value 2 Recogni- sed in profit and loss Profit and loss presentation Hedged risk Foreign currency 539,020 28,156 Other financial liability 22,880 541,834 Additional Tier 1 capital subordi- nated notes 22,880 - Net gains from derivatives, foreign currency operations and translation 1. The notional amounts of derivative contracts designated in qualifying hedge accounting relationships represent the nominal value of outstanding transactions at the balance sheet date. 2. Used in effectiveness assessment and represents the amount attributable to the designated hedged risk. As of 31 December 2025, the cost of hedging arising from basis spread recognised in OCI was GEL 286 thousand (31 December 2024: nil).
41. Derivative Financial Instruments In the normal course of business, the Group enters various derivative financial instruments, to manage currency, liquidity and interest rate risks and for trading purposes. In thousands of GEL 2025 2024 Derivative financial assets 43,746 156,598 Derivative financial liabilities (138,251) (92,182) Total (94,505) 64,416 Foreign Exchange Forwards and swaps Foreign exchange derivative financial instruments the Group entered are generally traded in an over-the-counter market with professional counterparties on standardised contractual terms and conditions. Derivatives have potentially favourable (assets) or unfavourable (liabilities) conditions because of fluctuations in market interest rates, foreign exchange rates or other variables relative to their terms. The aggregate fair values of derivative financial assets and liabilities can fluctuate significantly from time to time. The Group enters derivative contracts, primarily cross-currency interest rate swaps, to serve as hedging instruments in fair value hedge relationships, as appropriate to the underlying risk (Refer to Note 32 for more details). As at 31 December 2025, the total fair value of these derivatives included within other financial liabilities amounted to GEL 28,156 thousand
and was designated as a hedging instrument (31 December 2024: nil)The table below sets out fair values, at the balance sheet date, of currencies receivable or payable under foreign exchange forwards and swaps the Group entered. The table reflects gross positions before the netting of any counterparty positions (and payments) and covers the contracts with settlement dates after the respective balance sheet date. 2025 2024 Contracts with positive fair value Contracts with negative fair value Contracts with positive fair value Contracts with negative fair value In thousands of GEL Derivative financial instruments: fair values, at balance sheet date - USD payable on settlement (-) (1,024,107) (117,125) (671,608) (3,420,255) - USD receivable on settlement (+) 101,177 2,174,326 4,283,353 295,301 - GEL payable on settlement (-) (92,451) (815,627) (422,451) (96,324) - GEL receivable on settlement (+) 936,892 177,719 691,313 989,519 - EUR payable on settlement (-) (120,233) (1,433,741) (3,546,479) (187,570) - EUR receivable on settlement (+) 149,571 - 31,965 2,165,510 - UZS payable on settlement (-) - (53,892) (589) (110,721) - UZS receivable on settlement (+) 33,798 - 7,882 - - Other payable on settlement (-) (288,357) (167,759) (310,064) (49,584) - Other receivable on settlement (+) 347,456 97,848 93,276 321,942 Fair value of Derivative financial instruments 43,746 (138,251) 156,598 (92,182) Net fair value of Derivative financial instruments (94,505) 64,416
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-686": {
"value": "32. Net Gains from Derivatives, Foreign Currency Operations and Translation Net gains from derivatives, foreign currency operations and translation for the following years are as follows: In thousands of GEL 2025 2024 Net gains from trading in foreign currencies 120,267 429,327 Net gains/(losses) from foreign exchange translation 215,747 (70,477) Net gains from derivative financial instruments other than derivatives on foreign currency 7 661 Total net gains from derivatives, foreign currency operations and translation 336,021 359,511 Fair Value Hedge The Group enters fixed-for-floating cross-currency interest rate swaps (CCIRS) to manage exposure to changes in fair value arising from movements in foreign exchange rates on debt securities issued and measured at amortised cost. The objective of the hedge is to mitigate foreign exchange risk arising from the USD exposure, as the Group\u2019s functional currency is GEL. The hedge is structured as a fair value hedge of changes in the spot USD/GEL exchange rate over a two-year period, with a hedge ratio of 1:1. Under this arrangement, the swap offsets foreign exchange (FX) movements on the designated bond portion, ensuring that changes in fair value attributable to FX risk are neutralized in profit or loss. The hedging instrument is a CCIRS with a notional amount of USD 200 million, entered with Goldman Sachs International, of which the maturity date is February 2027, and the swap USD/GEL exchange rate is 2.8100. The hedged item is a portion (USD 200 million) of the Group\u2019s USD-denominated AT1 perpetual bond liability, which is accounted for at amortized cost (refer to the Note 25). An economic relationship exists as the hedged item and hedging instrument are expected to move in opposite directions in response to USD/GEL spot FX movements, due to offsetting USD-denominated cash flows and with FX risk (absent pervasive credit risk effects) being the primary driver of fair value changes. Under the fair value hedge, only the spot FX rate is designated as the Hedge. Cost of hedging accounting is applied to the foreign currency basis spreads, while the forward element continues to be included in the hedging instrument. Hedge ineffectiveness arises from differences in contractual terms between the hedged item and hedging instrument, and from changes in the hedging instrument\u2019s fair value due to counterparty credit risk and other adjustments.
32. Net Gains from Derivatives, Foreign Currency Operations and Translation continued The Group applied qualitative and quantitative methods, including established statistical techniques, at hedge inception to assess prospective effectiveness, considering the economic relationship, hedge ratio, and credit risk. At each reporting date, the Group assesses whether conditions remain consistent with the initial analysis, evaluates hedge effectiveness, and updates documentation if needed. The table below represents hedge instruments and hedge items by hedged risk as of 31 December 2025 (2024: nil). In thousands of GEL Hedge Instrument Hedge Item Ineffectiveness Notional amount 1 Carrying amount of liability Balance sheet presen- tation Change in fair value 2 Carrying amount Balance sheet presentation Change in fair value 2 Recogni- sed in profit and loss Profit and loss presentation Hedged risk Foreign currency 539,020 28,156 Other financial liability 22,880 541,834 Additional Tier 1 capital subordi- nated notes 22,880 - Net gains from derivatives, foreign currency operations and translation 1. The notional amounts of derivative contracts designated in qualifying hedge accounting relationships represent the nominal value of outstanding transactions at the balance sheet date. 2. Used in effectiveness assessment and represents the amount attributable to the designated hedged risk. As of 31 December 2025, the cost of hedging arising from basis spread recognised in OCI was GEL 286 thousand (31 December 2024: nil).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-685": {
"value": "32. Net Gains from Derivatives, Foreign Currency Operations and Translation Net gains from derivatives, foreign currency operations and translation for the following years are as follows: In thousands of GEL 2025 2024 Net gains from trading in foreign currencies 120,267 429,327 Net gains/(losses) from foreign exchange translation 215,747 (70,477) Net gains from derivative financial instruments other than derivatives on foreign currency 7 661 Total net gains from derivatives, foreign currency operations and translation 336,021 359,511 Fair Value Hedge The Group enters fixed-for-floating cross-currency interest rate swaps (CCIRS) to manage exposure to changes in fair value arising from movements in foreign exchange rates on debt securities issued and measured at amortised cost. The objective of the hedge is to mitigate foreign exchange risk arising from the USD exposure, as the Group\u2019s functional currency is GEL. The hedge is structured as a fair value hedge of changes in the spot USD/GEL exchange rate over a two-year period, with a hedge ratio of 1:1. Under this arrangement, the swap offsets foreign exchange (FX) movements on the designated bond portion, ensuring that changes in fair value attributable to FX risk are neutralized in profit or loss. The hedging instrument is a CCIRS with a notional amount of USD 200 million, entered with Goldman Sachs International, of which the maturity date is February 2027, and the swap USD/GEL exchange rate is 2.8100. The hedged item is a portion (USD 200 million) of the Group\u2019s USD-denominated AT1 perpetual bond liability, which is accounted for at amortized cost (refer to the Note 25). An economic relationship exists as the hedged item and hedging instrument are expected to move in opposite directions in response to USD/GEL spot FX movements, due to offsetting USD-denominated cash flows and with FX risk (absent pervasive credit risk effects) being the primary driver of fair value changes. Under the fair value hedge, only the spot FX rate is designated as the Hedge. Cost of hedging accounting is applied to the foreign currency basis spreads, while the forward element continues to be included in the hedging instrument. Hedge ineffectiveness arises from differences in contractual terms between the hedged item and hedging instrument, and from changes in the hedging instrument\u2019s fair value due to counterparty credit risk and other adjustments.
The Group applied qualitative and quantitative methods, including established statistical techniques, at hedge inception to assess prospective effectiveness, considering the economic relationship, hedge ratio, and credit risk. At each reporting date, the Group assesses whether conditions remain consistent with the initial analysis, evaluates hedge effectiveness, and updates documentation if needed. The table below represents hedge instruments and hedge items by hedged risk as of 31 December 2025 (2024: nil). In thousands of GEL Hedge Instrument Hedge Item Ineffectiveness Notional amount 1 Carrying amount of liability Balance sheet presen- tation Change in fair value 2 Carrying amount Balance sheet presentation Change in fair value 2 Recogni- sed in profit and loss Profit and loss presentation Hedged risk Foreign currency 539,020 28,156 Other financial liability 22,880 541,834 Additional Tier 1 capital subordi- nated notes 22,880 - Net gains from derivatives, foreign currency operations and translation 1. The notional amounts of derivative contracts designated in qualifying hedge accounting relationships represent the nominal value of outstanding transactions at the balance sheet date. 2. Used in effectiveness assessment and represents the amount attributable to the designated hedged risk. As of 31 December 2025, the cost of hedging arising from basis spread recognised in OCI was GEL 286 thousand (31 December 2024: nil).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-688": {
"value": "33. Staff Costs In thousands of GEL 2025 2024 Wages and salaries Salaries and bonuses 582,252 517,066 Share based compensation 40,163 30,959 Pension contributions 10,906 10,421 Other compensation cost 17,476 12,015 Salaries and other employee benefits 650,797 570,461 Share based compensation represents remuneration paid in shares and is excluded as non-cash in the consolidated statement of cash flows. On the other hand, acquisition of treasury shares for share-based payment scheme is included as financing activity in the consolidated statement of cash flows. Breakdown of monthly average number of employees by categories is as follows: 2025 2024 Headquarters* 7,227 5,872 Branches* 4,502 4,228 Other administrative staff ** 2,419 2,083 *Only monthly average number of employees in headquarters and branches employees in JSC TBC Bank, TBC Insurance JSC, JSCB TBC bank and TBC Kredit LLC are considered. **Employees from other subsidiaries are considered under other administrative staff. In 2025 monthly average number of employees in TBC Bank Group PLC, as a standalone entity, was 9 individuals (2024: 10). Except for 1 person, all other employees represent the directors of the Group. Hence no disclosure is made on
breakdown of staff cost by its nature. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-689": {
"value": "Breakdown of monthly average number of employees by categories is as follows: 2025 2024 Headquarters* 7,227 5,872 Branches* 4,502 4,228 Other administrative staff ** 2,419 2,083 *Only monthly average number of employees in headquarters and branches employees in JSC TBC Bank, TBC Insurance JSC, JSCB TBC bank and TBC Kredit LLC are considered. **Employees from other subsidiaries are considered under other administrative staff. In 2025 monthly average number of employees in TBC Bank Group PLC, as a standalone entity, was 9 individuals (2024: 10). Except for 1 person, all other employees represent the directors of the Group. Hence no disclosure is made on
breakdown of staff cost by its nature",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-690": {
"value": "34. Administrative and Other Operating Expenses In thousands of GEL 2025 2024 Advertising and marketing services 101,509 81,677 Professional services 90,338 75,995 Intangible asset maintenance 87,956 57,934 Taxes other than on income 24,825 18,363 Resolution Fund expense 17,719 - Communications and supply 17,099 11,184 Rent* 13,950 11,847 Premises and equipment maintenance 13,333 11,110 Utilities services 10,280 9,415 SMS service fees 9,686 9,687 Stationery and other office expenses 7,474 7,938 Business trip expenses 6,083 5,061 Insurance 5,349 2,859 Personnel training and recruitment 5,030 5,584 Transportation and vehicle maintenance 3,685 3,745 Security services 2,965 2,347 Representative expenses 1,707 2,883 Charity 1,062 1,123 Loss on disposal of premises and equipment 461 722 Loss on disposal of repossessed collateral 407 1,179 Provision (reversal) / expense for liabilities and charges (2,615) 391 Other 32,114 36,282 Total administrative and other operating expenses 450,417 357,326 *Represents short-term leases and low value leases exempt from IFRS 16. The table below presents the total remuneration for the Group\u2019s auditor: In thousands of GEL Audit Audit Related Other Services Total 2025 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,228 - - 1,228 Audit of the financial statements of the company\u2019s subsidiaries* 3,471 - - 3,471 Audit-related assurance services** - 391 - 391 Total auditors\u2019 remuneration 4,699 391 - 5,090 2024 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,194 - - 1,194 Audit of the financial statements of the company\u2019s subsidiaries* 2,540 - - 2,540 Audit-related assurance services** - 634 - 634 Other assurance services*** - - 976 976 Total auditors\u2019 remuneration 3,734 634 976 5,344 * Apart from fees paid to the Group auditors for the audit of the Company\u2019s consolidated and stand-alone accounts, the Group auditor also performs the
audit of 6 subsidiaries JSC TBC Bank, TBC Insurance JSC, JSCB TBC Bank and TBC Fin service LLC, TBC Digital and Payme JSC. **Audit-related assurance services represent fees for the review of the interim financial information of the Group. ***In 2024 other assurance services include services in relation to issuance of AT1 notes.
34. Administrative and Other Operating Expenses In thousands of GEL 2025 2024 Advertising and marketing services 101,509 81,677 Professional services 90,338 75,995 Intangible asset maintenance 87,956 57,934 Taxes other than on income 24,825 18,363 Resolution Fund expense 17,719 - Communications and supply 17,099 11,184 Rent* 13,950 11,847 Premises and equipment maintenance 13,333 11,110 Utilities services 10,280 9,415 SMS service fees 9,686 9,687 Stationery and other office expenses 7,474 7,938 Business trip expenses 6,083 5,061 Insurance 5,349 2,859 Personnel training and recruitment 5,030 5,584 Transportation and vehicle maintenance 3,685 3,745 Security services 2,965 2,347 Representative expenses 1,707 2,883 Charity 1,062 1,123 Loss on disposal of premises and equipment 461 722 Loss on disposal of repossessed collateral 407 1,179 Provision (reversal) / expense for liabilities and charges (2,615) 391 Other 32,114 36,282 Total administrative and other operating expenses 450,417 357,326 *Represents short-term leases and low value leases exempt from IFRS 16. The table below presents the total remuneration for the Group\u2019s auditor: In thousands of GEL Audit Audit Related Other Services Total 2025 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,228 - - 1,228 Audit of the financial statements of the company\u2019s subsidiaries* 3,471 - - 3,471 Audit-related assurance services** - 391 - 391 Total auditors\u2019 remuneration 4,699 391 - 5,090 2024 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,194 - - 1,194 Audit of the financial statements of the company\u2019s subsidiaries* 2,540 - - 2,540 Audit-related assurance services** - 634 - 634 Other assurance services*** - - 976 976 Total auditors\u2019 remuneration 3,734 634 976 5,344 * Apart from fees paid to the Group auditors for the audit of the Company\u2019s consolidated and stand-alone accounts, the Group auditor also performs the
audit of 6 subsidiaries JSC TBC Bank, TBC Insurance JSC, JSCB TBC Bank and TBC Fin service LLC, TBC Digital and Payme JSC*Audit-related assurance services represent fees for the review of the interim financial information of the Group. ***In 2024 other assurance services include services in relation to issuance of AT1 notes.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-692": {
"value": "The table below presents the total remuneration for the Group\u2019s auditor: In thousands of GEL Audit Audit Related Other Services Total 2025 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,228 - - 1,228 Audit of the financial statements of the company\u2019s subsidiaries* 3,471 - - 3,471 Audit-related assurance services** - 391 - 391 Total auditors\u2019 remuneration 4,699 391 - 5,090 2024 Fees payable to the company\u2019s auditors for the audit of consolidated financial statements 1,194 - - 1,194 Audit of the financial statements of the company\u2019s subsidiaries* 2,540 - - 2,540 Audit-related assurance services** - 634 - 634 Other assurance services*** - - 976 976 Total auditors\u2019 remuneration 3,734 634 976 5,344 * Apart from fees paid to the Group auditors for the audit of the Company\u2019s consolidated and stand-alone accounts, the Group auditor also performs the
audit of 6 subsidiaries JSC TBC Bank, TBC Insurance JSC, JSCB TBC Bank and TBC Fin service LLC, TBC Digital and Payme JSC. **Audit-related assurance services represent fees for the review of the interim financial information of the Group. ***In 2024 other assurance services include services in relation to issuance of AT1 notes.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-693": {
"value": "35. Income Taxes Income tax comprises of the following: In thousands of GEL 2025 2024 Current tax charge 245,585 232,547 Deferred tax charge 7,351 3,907 Total income tax expense for the year 252,936 236,454 Current income tax liability to the tax authorities is generally paid on a quarterly basis. The amount is calculated by dividing previous year current income tax amount by 4 equal portions. The liability is settled in the following year, based on current income tax liability amount as at year-end. The weighted average income tax rate is 2025: 20% (2024: 20%), when the income tax rate applicable to the majority of subsidiaries income ranged from 15% - 20% (2024: 15% - 20%). The UK has enacted legislation to implement the Organisation for Economic Cooperation and Development (OECD) global minimum tax rules (Pillar Two), effective from 1 January 2024. Accordingly, the Group is within the scope of the Pillar Two rules for the year ended 31 December 2025 and has performed the required Pillar Two calculations to assess its potential exposure to Pillar Two income taxes. Based on the calculations performed for the year ended 31 December 2025, the Group\u2019s estimated Pillar Two top-up tax charge amounts to GEL 11,483 thousand which is presented within income tax expense, with a corresponding current tax liability. Reconciliation between the expected and the actual taxation (credit)/expense is provided below. In thousands of GEL 2025 2024 Statutory rate 20% 20% Profit before tax 1,673,208 1,544,085 Theoretical tax charge at weighted average applicable tax rate of 20% (2024: 20%) 332,037 311,367 Tax effect of items which are not deductible or assessable for taxation purposes: Income which is exempt from taxation (113,974) (81,936) Pillar two top-up tax expense 11,483 Non-deductible expenses 15,769 7,023 Other differences 7,621 - Total income tax expense for the year 252,936 236,454 Differences between financial reporting requirements and statutory taxation regulations in Georgia and Uzbekistan give rise to temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and their tax bases. The tax effect of the movements in these temporary differences is detailed below and is recorded at the rate of 20% (2024: 20%) for Georgia, 20% (2024: 20%) for Uzbekistan and 25% (2024: 25%) for United Kingdom.
Income which is exempt from taxation includes interest income from placements in NBG, Georgian Government Treasury bills and IFI securities. Non-deductible expenses include penalties paid and charity expenses towards beneficiary which are not registered charity organisations. Deferred tax assets/liabilities as of 31 December 2025 and 31 December 2024 are the following: In thousands of GEL 1 January 2025 Credited/ (charged) to profit or loss Credited to other comprehensive income Effect of currency translation 31 December 2025 Tax effect of (taxable)/deductible temporary differences and tax loss carry forwards Premises and equipment and intangibles (56,111) (3,001) - (301) (59,413) Loans and advances to customers (443) (5,723) - 674 (5,492) Other financial assets 7,257 (1,488) 444 (30) 6,183 Other assets (604) 16,705 - (1,306) 14,795 Other financial liabilities 2,084 109 - (554) 1,639 Other liabilities 1,299 (19,110) - (736) (18,547) Share based payment 3,316 1,275 - - 4,591 Finance lease receivables 195 4,163 - 1,671 6,029 Goodwill (3,640) (202) - - (3,842) Investments in associates (423) (79) - - (502) Net deferred tax asset/(liability) (47,070) (7,351) 444 (582) (54,559)
In thousands of GEL 1 January 2024 Credited/ (charged) to profit or loss Charged to other comprehensive income Effect of currency translation 31 December 2024 Tax effect of (taxable)/deductible temporary differences and tax loss carry forwards Premises and equipment and intangibles (58,212) 2,118 - (17) (56,111) Loans and advances to customers (3,720) 3,455 - (178) (443) Other financial assets 5,569 1,075 613 - 7,257 Other assets 426 (1,023) - (7) (604) Other financial liabilities (305) 2,389 - - 2,084 Other liabilities 1,780 (464) - (17) 1,299 Share based payment 5,938 (2,622) - - 3,316 Finance lease receivables - 195 - - 195 Goodwill (3,402) (238) - - (3,640) Investments in associates (423) - - - (423) Tax loss carried forward* 8,792 (8,792) - - - Net deferred tax asset/(liability) (43,557) (3,907) 613 (219) (47,070) *Tax loss carried forward is related to operations in Uzbekistan. In the context of the Group\u2019s current structure and Georgian tax legislation, tax losses and current tax assets of different group companies may not be offset against current tax liabilities and taxable profits of other group companies. Therefore, deferred tax assets and liabilities are offset only when they relate to the same taxable entity and the same taxation authority. Temporary differences associated with investments in subsidiaries are immaterial.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-694": {
"value": "Income which is exempt from taxation includes interest income from placements in NBG, Georgian Government Treasury bills and IFI securities. Non-deductible expenses include penalties paid and charity expenses towards beneficiary which are not registered charity organisations. Deferred tax assets/liabilities as of 31 December 2025 and 31 December 2024 are the following: In thousands of GEL 1 January 2025 Credited/ (charged) to profit or loss Credited to other comprehensive income Effect of currency translation 31 December 2025 Tax effect of (taxable)/deductible temporary differences and tax loss carry forwards Premises and equipment and intangibles (56,111) (3,001) - (301) (59,413) Loans and advances to customers (443) (5,723) - 674 (5,492) Other financial assets 7,257 (1,488) 444 (30) 6,183 Other assets (604) 16,705 - (1,306) 14,795 Other financial liabilities 2,084 109 - (554) 1,639 Other liabilities 1,299 (19,110) - (736) (18,547) Share based payment 3,316 1,275 - - 4,591 Finance lease receivables 195 4,163 - 1,671 6,029 Goodwill (3,640) (202) - - (3,842) Investments in associates (423) (79) - - (502) Net deferred tax asset/(liability) (47,070) (7,351) 444 (582) (54,559)
In thousands of GEL 1 January 2024 Credited/ (charged) to profit or loss Charged to other comprehensive income Effect of currency translation 31 December 2024 Tax effect of (taxable)/deductible temporary differences and tax loss carry forwards Premises and equipment and intangibles (58,212) 2,118 - (17) (56,111) Loans and advances to customers (3,720) 3,455 - (178) (443) Other financial assets 5,569 1,075 613 - 7,257 Other assets 426 (1,023) - (7) (604) Other financial liabilities (305) 2,389 - - 2,084 Other liabilities 1,780 (464) - (17) 1,299 Share based payment 5,938 (2,622) - - 3,316 Finance lease receivables - 195 - - 195 Goodwill (3,402) (238) - - (3,640) Investments in associates (423) - - - (423) Tax loss carried forward* 8,792 (8,792) - - - Net deferred tax asset/(liability) (43,557) (3,907) 613 (219) (47,070) *Tax loss carried forward is related to operations in Uzbekistan. In the context of the Group\u2019s current structure and Georgian tax legislation, tax losses and current tax assets of different group companies may not be offset against current tax liabilities and taxable profits of other group companies. Therefore, deferred tax assets and liabilities are offset only when they relate to the same taxable entity and the same taxation authority. Temporary differences associated with investments in subsidiaries are immaterial.
36. Reconciliation of Liabilities Arising from Financing Activities The table below sets out movements in the Group\u2019s liabilities from financing activities for each of the periods presented. The items of these liabilities are those that are reported as financing activities in the statement of cash flows. In thousands of GEL Other borrowed funds Debt securities in issue Additional Tier 1 capital subordinated notes Subordinated debt Lease liabilities Hedging instruments Total Liabilities from financing activities at 1 January 2024 3,505,625 879,159 547,015 868,730 91,879 - 5,892,408 Proceeds from principal * 4,741,936 295,614 805,050 236,586 - - 6,079,186 Redemption of principal (1,662,072) (764,848) (340,331) (3,040) (22,391) - (2,792,682) Interest accrued 244,408 47,141 102,078 109,176 7,026 - 509,829 Interest paid** (238,076) (44,864) (101,596) (99,757) (7,051) - (491,344) Additions - - - - 45,656 - 45,656 Other non-cash movements*** - - - - (10,812) - (10,812) Foreign exchange adjustments 18,295 35,862 49,903 36,679 3,656 - 144,395 Liabilities from financing activities at 31 December 2024 6,610,116 448,064 1,062,119 1,148,374 107,963 - 9,376,636 Proceeds from principal* 3,959,445 544,449 - - - - 4,503,894 Redemption of principal (4,271,121) - (1,964) (229,843) (23,581) - (4,526,509) Interest accrued 571,706 92,323 105,205 104,158 11,991 28,564 913,947 Interest paid** (556,236) (85,171) (102,617) (107,376) (11,929) (23,002) (886,331) Additions - - - - 61,410 - 61,410 Other non-cash movements*** - - - - (3,813) (286) (4,099) Foreign exchange adjustments 58,956 7,908 (42,270) (5,014) (2,351) 22,880 40,109 Liabilities from financing activities at 31 December 2025 6,372,866 1,007,573 1,020,473 910,299 139,690 28,156 9,479,057 *Principal is amortised cost without accrued interest and any other costs. **Interests paid are included in the operating section of the consolidated statement of cash flows. Interest paid on hedge instruments represent net amount of paid and received interest amounts on these instruments. ***Other non-cash movements represent derecognitions and other movements for finance lease contracts. For reconciliation of redemption liability refer to Note 26. The reconciliation table includes the following movement of separate TBC Bank Group PLC: Proceeds from principal of debt securities in issue GEL 382,474 thousand (GEL 251,727 thousand in 2024), redemption of debt securities in issue nil (GEL 125,238 thousand in 2024), redemption of other borrowed funds nil (nil in 2024).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-697": {
"value": "37. Financial and Other Risk Management Credit Quality Depending on the type of financial asset the Group may utilise different sources of asset credit quality information including credit ratings assigned by the international rating agencies (Standard & Poor\u2019s, Fitch), credit scoring information from credit bureau and internally developed credit ratings. Financial assets are classified in an internally developed credit quality grades by considering the internal and external credit quality information in combination with other indicators specific to the particular exposure (e.g., delinquency). The Group uses following credit quality grades: \u2022 Very low risk \u2013 exposures demonstrate strong ability to meet financial obligations. \u2022 Low risk \u2013 exposures demonstrate adequate ability to meet financial obligations. \u2022 Moderate risk \u2013 exposures demonstrate satisfactory ability to meet financial obligations. \u2022 High risk \u2013 exposures that require closer monitoring, and \u2022 Default \u2013 exposures in default, with observed credit impairment. The table below shows internal and external grades used in ECL calculation. Internal rating grades External ratings Internal ratings Credit quality grade Rating for retail and micro loans Rating for SME and corporate loans Credit bureau (When applicable) International credit ratings (When applicable) Very low 1-10 1-15 A; B; C1; C2; C3 A1.3; A1.4; A1.5; A2; A3; B1; B2 Low 11-21 16-24 A; B; C1; C2; C3; D1; D2; D3 A2; A3; B1; B2; B3; C1 Moderate 22-35 25-40 A; B; C1; C2; C3; D1; D2; D3; E1; E2; E3 A1.3; A1.4; A1.5; A2; A3; B1; B2; B3; C1; C2; C3 High 36-44 41-68 D1; D2; D3; E1; E2; E3 A1.3; A1.4; A1.5; A2; A3; B1; B2; B3; C1; C2; C3; D1; D2; D3 Expected credit loss (ECL) measurement ECL is a probability-weighted estimate of the present value of future cash shortfalls. An ECL measurement is unbiased and is determined by evaluating a range of possible outcomes. ECL measurement is based on four components used by the Group: Probability of Default (\u201cPD\u201d), Exposure at Default (\u201cEAD\u201d), Loss Given Default (\u201cLGD\u201d) and Discount Rate. The estimates consider forward looking information, that is, ECLs reflect probability weighted development of key macroeconomic variables that have an impact on credit risk. The Group uses is a three-stage model for ECL measurement and classifies its borrowers across three stages: The Group classifies its exposures as Stage 1 if no significant deterioration in credit quality occurred since initial recognition and the instrument was not defaulted when initially recognised. The exposure is classified to Stage 2 if the significant deterioration in credit quality was identified since initial recognition, but the financial instrument is not considered defaulted. The exposures for which the defaulted indicators have been identified are classified as Stage 3 instruments. The Expected Credit Loss (ECL) amount differs depending on exposure allocation to one of the Stages. In the case of Stage 1 instruments, the ECL represents that portion of the lifetime ECL that can be attributed to default events potentially occurring within the next 12 months from the reporting date. In case of Stage 2 instruments, the ECL represents the lifetime ECL, i.e., credit losses that can be attributed to possible default events during the whole lifetime of a financial instrument. Generally, lifetime is set equal to the remaining contractual maturity of the financial instrument.
Factors such as existence of contractual repayment schedules, options for extension of repayment maturity and monitoring processes held by The Group affect the lifetime determination. In case of Stage 3 instruments, default event has already incurred and the lifetime ECL is estimated based on the expected recoveries. Definition of default Financial assets for which the Group observed occurrence of one or more loss events are classified in Stage 3. The Group uses both quantitative and qualitative criteria for the definition of default. The borrower is classified as defaulted if at least one of the following occurred: \u2022 Any amount of contractual repayments is past due more than 90 days. \u2022 Factors indicating the borrower\u2019s unlikeliness-to-pay. In case of individually significant borrower\u2019s the Group additionally applies criteria including but not limited to bankruptcy proceedings, significant fraud in the borrower\u2019s business that significantly affected its financial condition, breach of the contract terms etc. For SME and corporate borrowers\u2019 default is identified on the counterparty level, meaning that all the claims against the borrower are treated as defaulted. As for retail and micro exposures, facility level default definition is applied considering additional pulling effect criteria. If the amount of defaulted exposure exceeds predefined threshold, all the claims against the borrower are classified as defaulted. Once a financial instrument is classified as defaulted, it remains as such until it no longer meets any of the default criteria for a consecutive period of six months, in which case exposure is considered to no longer be in default (i.e., to have cured). Probation period of six months has been determined on analysis of likelihood of a financial instrument returning to default status after curing. Exposures which are moved to stage 2 from default state are kept there for certain period before transferring to Stage 1 and classified as fully performing instruments again. Significant increase in credit risk (\u201cSICR\u201d) Financial assets for which the Group identifies significant increase in credit risk since its origination are classified in Stage 2. SICR indicators are recognised at financial instrument level even though some of them refer to the borrower\u2019s characteristics. The Group uses both quantitative and qualitative indicators of SICR. Quantitative criteria On a quantitative basis the Group assesses change in probability of default parameter for each particular exposure since initial recognition and compares it to the predefined threshold. When absolute relative change in probability of default exceeds the applicable threshold, SICR is deemed to have occurred, and exposure is transferred to Stage 2. While defining and applying SICR thresholds, the Bank considers product type, age of the contracts and rating at origination, therefore, SICR threshold for each particular sub segment vary. Apart from statistical thresholds, the Bank incorporates an additional condition to the PD-based SICR assessment, referred to as the PD Backstop. The PD Backstop represents the highest Risk Group (Rating) up to which there is strong and undisputed evidence that the level of default risk is not materially different. An exposure is transferred to Stage 2 when both SICR Quantitative Conditions are met, i.e., the current rating is worse than the backstop rating and when absolute relative change in probability of default exceeds the applicable threshold.
Below we disclose the threshold ranges across the relevant subgroups in percentage points triggering contract to move to stage 2: Mortgage 0% - 5.8% Consumer (further divided into subgroups to apply thresholds) 0% - 25.9% Micro (further divided into subgroups to apply thresholds) 0% - 24.4% Qualitative criteria Financial asset is transferred to Stage 2 and lifetime ECLs is measured if at least one of the following SICR qualitative criteria is observed: \u2022 delinquency period of more than 30 days on contractual repayments. \u2022 exposure is restructured but is not defaulted. \u2022 borrower is classified as a \u201cwatch\u201d. The Group has not rebutted the presumption that there has been significant increase in credit risk since origination when financial asset becomes more than 30 days past due. This qualitative indicator of SICR together with debt restructuring is applied to all segments. Particularly for corporate and SME segment the Group uses downgrade of risk category since origination of the financial instrument as a qualitative indicator of SICR. Based on the results of the monitoring, borrowers are classified across different risk categories. In case there are certain weaknesses present, which if materialised may lead to loan repayment problems, borrowers are classified as \u201cwatch\u201d category. Although watch borrowers\u2019 financial standing is sufficient to repay obligations, these borrowers are closely monitored, and specific actions are undertaken to mitigate potential weaknesses. Once the borrower is classified as \u201cwatch\u201d category, it is transferred to Stage 2. If any of the SICR indicators described above occur, financial instrument is transferred to Stage 2. Financial assets may be moved back to Stage 1, if SICR indicators are no longer observed. ECL measurement The Group utilises two approaches for ECL measurement \u2013 individual assessment and collective assessment. Individual assessment is mainly used for stage 2 and stage 3 individually significant borrowers. For selecting individually significant exposures, the management uses the following estimated thresholds above which exposures 1 are selected for individual review: for stage 2 - to GEL 10 million and for stage 3 - GEL 4 million. Additionally, the Group may arbitrarily designate selected exposures to individual measurement of ECL based on the Group\u2019s credit risk management or underwriting departments\u2019 decision. The individual assessment considers the latest available information in order to define ECL under baseline, upside and downside scenarios. The Group uses the discounted cash flow (DCF) method for the determination of recovery amount under individual assessment. In order to ensure the accurate estimation of recoverable amount the Group utilises scenario analysis approach. Scenarios may be defined considering the specifics and future outlook of individual borrower, sector the borrower operates in or changes in values of collateral. In case of scenario analysis, the Group forecasts recoverable amount for each scenario and estimates respective losses. Ultimate ECL is calculated as the weighted average of losses expected in each scenario, weighted by the probability of scenario occurring. As for the non-significant and non-impaired significant borrower\u2019s the Group estimates expected credit losses collectively.
For the collective assessment and risk parameters estimation purposes the exposures are grouped into homogenous risk pools based on similar credit risk characteristics. Common credit risk characteristics of the group include but are not limited to: Stage (Stage 1, Stage 2 or Stage 3), type of counterparty (individual vs business), type of product, rating (external or internal), overdue status, restructuring status, months in default category or any other characteristics that may differentiate certain sub-segments for risk parameter\u2019s estimation purposes. Number of pools differs for different products/ segments considering specifics of portfolio and availability of data within each pool. Collective ECL is the sum of the multiplications of the following credit risk parameters: EAD, PD and LGD, that are defined as explained below and discounted to present value using the instrument\u2019s effective interest rate. The key principles of calculating the credit risk parameters: Exposure at default (EAD) The EAD represents estimation of exposure to credit risk at the time of default occurring during the life of financial instrument. The EAD parameter used for the purpose of the ECL calculation is time-dependent, i.e., the Group allows for various values of the parameter to be applied to subsequent time periods during the lifetime of an exposure. Such structure of the EAD is applied to all Stage 1 and Stage 2 financial instruments. In case of Stage 3 financial instruments and defaulted POCI assets, the EAD vector is one-element with current EAD as the only value. EAD is determined differently for amortising financial instruments with contractual repayment schedules and for revolving facilities. For amortising products EAD is calculated considering the contractual repayments of principal and interest over the 12- month period for facilities classified in Stage 1 and over lifetime period for remaining instruments. It is additionally adjusted to include the effect of reduction in exposure due to prepayments - Namely full prepayment ratio. Full Prepayment Ratio (FPR) parameter represents the probability that a financial instrument will be fully prepaid during the particular period to maturity. For the purpose of calculating Full Prepayment Ratio, the Group make the analysis of the historical data of the contracts fully prepaid until the maturity. For revolving facilities, the Bank calculates the EAD based on the expected limit utilisation percentage conditional on the default event. Probability of default (PD) Probability of default parameter reflects the likelihood of a default of a facility over a particular time horizon. It provides an estimate of the likelihood that a borrower will be unable to meet its contractual debt obligations. The PD parameter is time-dependent (i.e., has a specific term structure) and is applied to all non-defaulted contracts. Taking into account specific nature of different segments of clients for which the PD is estimated as well as unique characteristics that drive their default propensity, the PD is modelled differently for Retail and Micro segments and Corporate and SME segments. PD assessment approach is also differentiated for different time horizons and is further adjusted due to expected influence of macroeconomic variables as forecasted for the period (see \u2018Forward Looking Information\u201d section for further details on incorporation of macroeconomic expectations in ECL calculation). FLI adjustment is applied on PD for the three-year period, given the uncertainty involved in the macroeconomic forecasts for the longer time horizon. Two types of PDs are used for calculating ECLs: 12-month and lifetime PD. Lifetime PDs represent the estimated probability of a default occurring over the remaining life of the financial instrument and it is a sum of the 12 months marginal PDs over the life of the instrument. The Group generally uses number-based approach of PD model construction, however for the nonhomogeneous portfolio\u2019s, exposure-weighted approach is utilised. The Group uses different statistical approaches such as the extrapolation of 12-month PDs based on migration matrixes, developing lifetime PD curves based on the historical default data and gradual convergence of long-term PD with the long-term default rate.
Loss given default (LGD) The LGD parameter represents the share of an exposure that would be irretrievably lost if a borrower defaults. For Stage 1 and Stage 2 financial instruments, the LGD is estimated for each period in the instrument\u2019s lifetime and reflects the share of the expected EAD for that period that will not be recovered over the remaining lifetime of the instrument after the default date. For Stage 3 financial instruments, the LGD represents the share of the EAD as of reporting date that will not be recovered over the remaining life of that instrument. Assessment of LGD varies by the type of counterparty, segment, type of product, securitisation level, availability of historical observations and portfolio sale. The general LGD estimation process employed by the Group is based on the assumption that after the default of the exposure, two mutually exclusive scenarios are possible. Non-sold scenario-The exposure either leaves the default state (cure scenario) or does not leave the default state and will be subject to recovery process (non-cure scenario); Sold scenario- exposure is sold. The probability that an exposure is sold, probability of a cure and the probability that a cured exposure defaults again are all determined in the estimation process. Risk parameters applicable to both sub-scenarios, i.e., cure rates and recovery rates, are estimated by means of migration matrices approach, whereas the probability of sale is determined by expert judgement until enough data is gathered to allow for statistical estimation. For each LGD portfolio the Group defines the recovery horizon for non-sold exposures and maximum period for an exposure to be sold (which is set at the average time-to-sale), after which no material recoveries are assumed. Recovery horizon is defined by data analytics and expert judgment. For certain portfolios based on the limitations of observations alternative versions of the general approach may be applied. For significant corporate exposures, the Group uses the LGD modelling approach that is based on realised recoveries from historical defaults, adjusted with approximation of future recoveries from individually assessed defaulted exposures. In order to model LGD for SME and non-significant corporate borrowers, the Group is estimating recoverable amount from the collateral and assumes that no recoveries from cash is expected. In order to estimate recoverable amount from the collateral the Group is applying respective haircuts defined for different types of collateral and discounts them using effective interest rate over the realisation period. In addition, at each reporting date, the Group makes the decision which historical data horizon should be used in order to model recoveries. Forward-looking information The measurement of unbiased, probability weighted ECL requires inclusion of forward-looking information obtainable without undue cost or effort. For forward-looking information purposes, the Group defines three macro scenarios. The scenarios are defined as baseline (most likely), upside (better than most likely) and downside (worse than most likely) scenarios of the state of the economy. To derive the baseline macro-economic scenario, the Group takes into account forecasts from various external sources \u2013 the National Bank of Georgia, Ministry of Finance, International Monetary Fund (IMF) as well as other International Financial Institutions (IFIs) \u2013 in order to ensure the alignment to the consensus market expectations. Upside and downside scenarios are defined based on the framework developed by the Group\u2019s macroeconomic unit. The Group uses statistical models and historical relationship between the various macroeconomic factors and default observations to derive forward-looking adjustments. In case these models do not provide reasonable results either from statistical or business perspective, the Group may apply expert judgment or use an alternative approach. As at 31 December 2025, the Group employs statistical models to derive forward looking adjustment in all segments except for corporate. In corporate segment, due to the insignificance of the statistical models, the Group does not apply FLI adjustment. The baseline, upside and downside scenarios were assigned probability weighing of 50%, 25% and 25%, respectively. The forward-looking information is incorporated in collective assessment of expected credit losses of Retail and MSME portfolios and individually assessed exposures.
Model maintenance and validation The Group regularly reviews its methodology and assumptions to reduce any difference between the estimates and the actual credit loss. Such back-testing (including back-casting) is performed at least once a year. As part of the back- testing process, the Group evaluates actual realisation of the risk parameters and their consistency with the model estimates. Additionally staging criteria are also analysed within the back-testing process. The results of backtesting the ECL measurement methodology are communicated to the Group Management and further actions for tuning the models and assumptions are defined after discussions between authorized persons. Risk governance ECL impairment models were developed by internal credit risk governance division with the involvement of external consultants. The division runs the models to calculate ECL each month. They are also responsible for model back- testing, analytics and governance. Economic scenarios and probability weights are prepared by macro-financial analysis unit. All the assumptions, including PMAs and PMOs used in the ECL measurement go through a review and approval process: \u2022 Chief Economist reviews and approves the forward-looking scenarios and respective weights. \u2022 Internal allowance committee reviews and approves appropriateness of the estimates and judgements as well as PMAs and PMOs used in ECL measurement on a regular basis; internal committee includes Head of ERM, Heads of Portfolio Credit Risk Management divisions and CRO, who ultimately approves ECL results as of each reporting date. \u2022 Models used in calculation, as well as back-testing process is also validated by the model risk management division. Climate risk. The Group\u2019s largest operations are located in Georgia hence the climate risk overview is done by the management from Georgian perspective. The second largest subsidiary of the group is UZ Bank and constitutes 6.67% of the Group\u2019s assets. Considering that UZ Bank business activities focus on retail segment with a very low volume of the average exposure, it is considered to be immaterial for the Group from the climate-risk perspective. The Georgia\u2019s 2030 Climate Change Strategy and Climate Action Plan lay out different policy measures on which TBC Bank based its identification of the potential impact of the policy measures on different economic sectors. As a summary of the potential impact of the various transition risks and physical risks identified, the transitional risks in Georgia are low, considering, that trade and services dominate the Georgian economy, the policy measures outlined in the Georgia\u2019s 2030 Climate Change Strategy will have overall low impact on the economic sectors, especially in short and medium term. The Georgia\u2019s 2030 Climate Change Strategy takes into consideration that Georgia is a transitional and growing economy, and therefore the government strategy is not to impede the growth of the GDP with policy measures and rather to support a smooth transition where necessary. It is worth noting, that the economic sectors most affected by transitional risks world-wide such as mining crude petroleum, natural gas and metal ores, manufacturing coke and refined petroleum products are present to the very limited extent in Georgia, resulting in a low overall impact of transitional measures on economic growth, if any. We reviewed our assessments of climate-related transitional and physical risks on a sectoral level and incorporated the ESG Risk Radar considerations of the National Bank of Georgia (NBG) 1 , especially for the short-term perspective. Furthermore, the Bank performed climate stress testing of the credit portfolio. The maturity structure of the loan portfolio shows that the largest part of assets is distributed in the time horizons that are much shorter than the impacts of climate change, especially of physical risks, can be materialised in Georgia. Therefore, the bank has not made any adjustment to the level of provisions purely related to climate risk. On the other hand, the understanding of climate related risks, which have longer-term impacts need to be increased in coming years, therefore, when the bank has a more definitive analysis, it will further develop the approach, how to consider climate risks in provisioning. No post model adjustments (PMAs) or Post model overlays (PMOs) have been posted for 2025 in this regard.
Insurance Risk TBC Insurance carries out assessment of potential losses posed by individuals and business entities insured under health, life, PA and other property and casualty insurance contracts. As such, TBC Insurance is exposed to the uncertainty as to the timing and severity of claims under these contracts. The principal risk is that the frequency and severity of claims may be higher than expected. Insurance events are by their nature random, and the actual number and size of events during any one year may vary from those estimated using established statistical techniques. TBC Insurance also has exposure to market risk through insurance and investment activities. TBC Insurance\u2019s key methods in managing these risks are two-fold. Firstly, the risk is managed through appropriate underwriting and secondly, is transferred using reinsurance. TBC Insurance purchases reinsurance for various business lines: motor, life, property, cargo, liability, and surety business. Non-financial risk adjustment including technique used to measure it and confidence level: In case of the gross of reinsurance calculation for groups with sufficient and reliable own statistics a stochastic bootstrapping method is applied to calculate sufficient number of scenarios from which one in line with the 75% confidence level equivalent is taken. The BEL (best estimate liabilities) determined at this percentage is compared to the actual BEL of the Company. This way the difference between the two gives the related risk adjustment. For groups where sufficient and/or reliable data is not available the average RA% of the remaining portfolio can be chosen based on characteristics of the given group. In the end the total Company level RA is determined as simple sum of RAs per groups, while also the diversification effect is calculated using the easiest and most reliable parameters for correlation between those from Solvency II Directive. For the final RA%s this diversification ratio is incorporated into the raw (previously calculated) RA%s. Later these RA%s are used in the calculations as multipliers to the BEL. For the reinsurance RA rates, the followings are considered: \u2022 In terms of proportional reinsurance - due to the proportionality - simply the gross rates are applied. \u2022 In terms of non-proportional reinsurance: o The share of projected such payments are usually nil or immaterial due to the low probability of such huge claims to happen. o However, it happens a few times, but those are not sufficient for a reliable sophisticated analysis, therefore as the best benchmark still the gross rates are applied. Maturity of insurance liabilities: The measurement of a group of contracts includes all the future cash flows within the boundary of each contract in the group, determined as follows: \u2022 Cash flows are within the contract boundary if they arise from substantive rights and obligations that exist during the reporting period in which the Group can compel the policyholder to pay premiums or has a substantive obligation to provide services. A substantive obligation to provide services ends when: \u2022 The Group has the practical ability to reassess the risks of the policyholder and can set a price or level of benefits that fully reflects those reassessed risks; or \u2022 The Group has the practical ability to reassess the risks of the portfolio that contains the contract and can set a price or level of benefits that fully reflects the risks of that portfolio, and the pricing of the premiums up to the reassessment date does not take into account risks that relate to periods after the reassessment date.
Sensitivity analysis for insurance risk: The assumptions used in the estimation of insurance assets and liabilities are intended to result in best estimate liabilities which are sufficient to cover any liabilities arising out of insurance contracts so far as can reasonably be foreseen. For all types of insurance contracts, the Group estimates BEL arising from reported but not settled claims based on the latest information the Group has related to the severity of the claim. Estimates and judgements are continually evaluated and are based on management\u2019s experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In addition, the Group estimates the ultimate liability arising from claims under life and health insurance contracts that are incurred but not yet reported at the reporting date. The liability is calculated by using standard actuarial methods such as chain-ladder method for life insurance and expected loss ratio method for health insurance. The primary underlying assumption of the chain-ladder method is that historical loss development patterns are indicative of future loss development patterns. The expected loss ratio is the ratio of ultimate losses to earned premiums. The ultimate losses can be calculated as the earned premium multiplied by the expected loss ratio. The total reserve is calculated as the ultimate losses less paid losses. Sensitivity analysis for life insurance shows that 5% increase in the chain-ladder development factors would increase best estimate liability by GEL 663 thousand (2024: GEL 225 thousand), accordingly 5% decrease in the development factors would decrease best estimate liability by GEL 150 thousand (2024: GEL 159 thousand). Health insurance is short-tailed business as there is only a two-month limit to report a claim after the occurrence. To calculate BEL for health insurance management uses subsequent period actual claims which are reported before the financial statement reporting date. For the remaining period expert judgement is applied. Medical services received in a limited number of medical institutions may be reported after 2 months from claims occurrence date. Due to immateriality of such claims historically, no actuarial method is used, instead expert judgement is applied. Management believes that the BEL set up is adequate and there will be no need of additional reserve requirements.
Geographical risk concentrations Assets, liabilities, credit related commitments and performance guarantees have generally been attributed to geographic regions based on the country in which the counterparty is located. Balances legally outstanding to/from offshore companies which are closely related to Georgian counterparties are allocated to the caption \u201cGeorgia\u201d. Cash on hand and premises and equipment have been allocated based on the country in which they are physically held. Tables below include geographical concentration by country of incorporation. Loans and advances to Uzbekistan, OECD and Non-OECD resident customers, as well as to Georgian customers, are issued to the entities most of which are based and performing in Georgia. The geographical concentration of the Group\u2019s assets and liabilities as of 31 December 2025 is set out below by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 1,236,590 225,337 885,941 15,715 2,363,583 Reverse repurchase receivables - - 184,979 - 184,979 Due from other banks 90,602 40,708 11,814 26 143,150 Mandatory cash balances with NBG 2,357,950 - - - 2,357,950 Loans and advances to customers 25,760,491 2,106,626 522,646 332,584 28,722,347 Investment securities 3,040,660 484,994 2,489,429 236,467 6,251,550 Repurchase receivables 101,648 - - - 101,648 Finance lease receivables 597,235 245,201 - - 842,436 Other financial assets 348,542 10,225 33,693 453 392,913 Total financial assets 33,533,718 3,113,091 4,128,502 585,245 41,360,556 Non-financial assets 2,268,282 298,158 12,899 594 2,579,933 Total assets 35,802,000 3,411,249 4,141,401 585,839 43,940,489 Liabilities Due to credit institutions 3,428,729 48,863 3,664,605 231,431 7,373,628 Customer accounts 20,122,580 1,502,313 1,273,325 2,761,840 25,660,058 Debt securities in issue 518,923 39,971 448,679 - 1,007,573 Additional Tier 1 capital subordinated notes - - 1,020,473 - 1,020,473 Other financial liabilities 461,309 38,015 160,781 159 660,264 Lease liabilities 83,698 55,992 - - 139,690 Subordinated debt 156,371 - 753,928 - 910,299 Redemption liability - - 506,906 88,638 595,544 Total financial liabilities 24,771,610 1,685,154 7,828,697 3,082,068 37,367,529 Non-financial liabilities 195,783 29,338 651 721 226,493 Total liabilities 24,967,393 1,714,492 7,829,348 3,082,789 37,594,022 Net balance sheet position 10,834,607 1,696,757 (3,687,947) (2,496,950) 6,346,467 Performance guarantees 1,232,054 - 519,037 102,075 1,853,166 Undrawn credit lines 573,049 172,514 1,082 823 747,468 Letters of credit issued 150,283 - - - 150,283 Financial guarantees issued 517,960 - 1,598 9,347 528,905
The geographical concentration of the Group\u2019s assets and liabilities as of 31 December 2024 is set out below by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 1,253,315 218,734 1,525,239 50,113 3,047,401 Due from other banks 34,568 - 10,907 23 45,498 Mandatory cash balances with NBG 2,576,731 - - - 2,576,731 Loans and advances to customers 23,464,645 1,496,454 439,607 283,092 25,683,798 Investment securities 2,862,085 155,135 1,926,150 595,106 5,538,476 Repurchase receivables - - 140,058 - 140,058 Finance lease receivables 429,435 179,659 - 3,226 612,320 Other financial assets 272,175 8,094 126,409 29,896 436,574 Total financial assets 30,892,954 2,058,076 4,168,370 961,456 38,080,856 Non-financial assets 1,905,584 159,197 12,064 2,765 2,079,610 Total assets 32,798,538 2,217,273 4,180,434 964,221 40,160,466 Liabilities Due to credit institutions 3,966,076 323,908 2,724,140 616,726 7,630,850 Customer accounts 17,762,242 1,055,758 1,396,081 2,649,752 22,863,833 Debt securities in issue 411,247 36,817 - - 448,064 Additional Tier 1 capital subordinated notes 1,062,119 - - - 1,062,119 Other financial liabilities 364,302 25,725 85,975 141 476,143 Lease liabilities 88,093 18,813 - 1,057 107,963 Subordinated debt 162,552 - 843,508 142,314 1,148,374 Redemption liability - - 473,528 - 473,528 Total financial liabilities 23,816,631 1,461,021 5,523,232 3,409,990 34,210,874 Non-financial liabilities 181,604 27,175 657 1,147 210,583 Total liabilities 23,998,235 1,488,196 5,523,889 3,411,137 34,421,457 Net balance sheet position 8,800,303 729,077 (1,343,455) (2,446,916) 5,739,009 Performance guarantees 1,434,027 - 471,593 85,500 1,991,120 Undrawn credit lines 612,776 - 1,309 1,106 615,191 Letters of credit issued 242,968 - - 1,179 244,147 Financial guarantees issued 557,239 - 1,149 2,676
561,06The table below presents the geographical concentration of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, categorized by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 110,430 - 1,104 - 111,534 Loans to subsidiaries - 588,292 - - 588,292 Liabilities Other financial liabilities 132,345 1,158 120,783 148 254,434 Debt securities in issue 292,764 - 405,933 - 698,697 The table below presents the geographical concentration of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2024, categorized by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 66,882 - 2,449 - 69,331 Loans to subsidiaries - 150,305 - - 150,305 Liabilities Other financial liabilities 6,109 - - - 6,109 Debt securities in issue 303,674 - - - 303,674
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExposureExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-696": {
"value": "37. Financial and Other Risk Management Credit Quality Depending on the type of financial asset the Group may utilise different sources of asset credit quality information including credit ratings assigned by the international rating agencies (Standard & Poor\u2019s, Fitch), credit scoring information from credit bureau and internally developed credit ratings. Financial assets are classified in an internally developed credit quality grades by considering the internal and external credit quality information in combination with other indicators specific to the particular exposure (e.g., delinquency). The Group uses following credit quality grades: \u2022 Very low risk \u2013 exposures demonstrate strong ability to meet financial obligations. \u2022 Low risk \u2013 exposures demonstrate adequate ability to meet financial obligations. \u2022 Moderate risk \u2013 exposures demonstrate satisfactory ability to meet financial obligations. \u2022 High risk \u2013 exposures that require closer monitoring, and \u2022 Default \u2013 exposures in default, with observed credit impairment. The table below shows internal and external grades used in ECL calculation. Internal rating grades External ratings Internal ratings Credit quality grade Rating for retail and micro loans Rating for SME and corporate loans Credit bureau (When applicable) International credit ratings (When applicable) Very low 1-10 1-15 A; B; C1; C2; C3 A1.3; A1.4; A1.5; A2; A3; B1; B2 Low 11-21 16-24 A; B; C1; C2; C3; D1; D2; D3 A2; A3; B1; B2; B3; C1 Moderate 22-35 25-40 A; B; C1; C2; C3; D1; D2; D3; E1; E2; E3 A1.3; A1.4; A1.5; A2; A3; B1; B2; B3; C1; C2; C3 High 36-44 41-68 D1; D2; D3; E1; E2; E3 A1.3; A1.4; A1.5; A2; A3; B1; B2; B3; C1; C2; C3; D1; D2; D3 Expected credit loss (ECL) measurement ECL is a probability-weighted estimate of the present value of future cash shortfalls. An ECL measurement is unbiased and is determined by evaluating a range of possible outcomes. ECL measurement is based on four components used by the Group: Probability of Default (\u201cPD\u201d), Exposure at Default (\u201cEAD\u201d), Loss Given Default (\u201cLGD\u201d) and Discount Rate. The estimates consider forward looking information, that is, ECLs reflect probability weighted development of key macroeconomic variables that have an impact on credit risk. The Group uses is a three-stage model for ECL measurement and classifies its borrowers across three stages: The Group classifies its exposures as Stage 1 if no significant deterioration in credit quality occurred since initial recognition and the instrument was not defaulted when initially recognised. The exposure is classified to Stage 2 if the significant deterioration in credit quality was identified since initial recognition, but the financial instrument is not considered defaulted. The exposures for which the defaulted indicators have been identified are classified as Stage 3 instruments. The Expected Credit Loss (ECL) amount differs depending on exposure allocation to one of the Stages. In the case of Stage 1 instruments, the ECL represents that portion of the lifetime ECL that can be attributed to default events potentially occurring within the next 12 months from the reporting date. In case of Stage 2 instruments, the ECL represents the lifetime ECL, i.e., credit losses that can be attributed to possible default events during the whole lifetime of a financial instrument. Generally, lifetime is set equal to the remaining contractual maturity of the financial instrument.
Factors such as existence of contractual repayment schedules, options for extension of repayment maturity and monitoring processes held by The Group affect the lifetime determination. In case of Stage 3 instruments, default event has already incurred and the lifetime ECL is estimated based on the expected recoveries. Definition of default Financial assets for which the Group observed occurrence of one or more loss events are classified in Stage 3. The Group uses both quantitative and qualitative criteria for the definition of default. The borrower is classified as defaulted if at least one of the following occurred: \u2022 Any amount of contractual repayments is past due more than 90 days. \u2022 Factors indicating the borrower\u2019s unlikeliness-to-pay. In case of individually significant borrower\u2019s the Group additionally applies criteria including but not limited to bankruptcy proceedings, significant fraud in the borrower\u2019s business that significantly affected its financial condition, breach of the contract terms etc. For SME and corporate borrowers\u2019 default is identified on the counterparty level, meaning that all the claims against the borrower are treated as defaulted. As for retail and micro exposures, facility level default definition is applied considering additional pulling effect criteria. If the amount of defaulted exposure exceeds predefined threshold, all the claims against the borrower are classified as defaulted. Once a financial instrument is classified as defaulted, it remains as such until it no longer meets any of the default criteria for a consecutive period of six months, in which case exposure is considered to no longer be in default (i.e., to have cured). Probation period of six months has been determined on analysis of likelihood of a financial instrument returning to default status after curing. Exposures which are moved to stage 2 from default state are kept there for certain period before transferring to Stage 1 and classified as fully performing instruments again. Significant increase in credit risk (\u201cSICR\u201d) Financial assets for which the Group identifies significant increase in credit risk since its origination are classified in Stage 2. SICR indicators are recognised at financial instrument level even though some of them refer to the borrower\u2019s characteristics. The Group uses both quantitative and qualitative indicators of SICR. Quantitative criteria On a quantitative basis the Group assesses change in probability of default parameter for each particular exposure since initial recognition and compares it to the predefined threshold. When absolute relative change in probability of default exceeds the applicable threshold, SICR is deemed to have occurred, and exposure is transferred to Stage 2. While defining and applying SICR thresholds, the Bank considers product type, age of the contracts and rating at origination, therefore, SICR threshold for each particular sub segment vary. Apart from statistical thresholds, the Bank incorporates an additional condition to the PD-based SICR assessment, referred to as the PD Backstop. The PD Backstop represents the highest Risk Group (Rating) up to which there is strong and undisputed evidence that the level of default risk is not materially different. An exposure is transferred to Stage 2 when both SICR Quantitative Conditions are met, i.e., the current rating is worse than the backstop rating and when absolute relative change in probability of default exceeds the applicable threshold.
Below we disclose the threshold ranges across the relevant subgroups in percentage points triggering contract to move to stage 2: Mortgage 0% - 5.8% Consumer (further divided into subgroups to apply thresholds) 0% - 25.9% Micro (further divided into subgroups to apply thresholds) 0% - 24.4% Qualitative criteria Financial asset is transferred to Stage 2 and lifetime ECLs is measured if at least one of the following SICR qualitative criteria is observed: \u2022 delinquency period of more than 30 days on contractual repayments. \u2022 exposure is restructured but is not defaulted. \u2022 borrower is classified as a \u201cwatch\u201d. The Group has not rebutted the presumption that there has been significant increase in credit risk since origination when financial asset becomes more than 30 days past due. This qualitative indicator of SICR together with debt restructuring is applied to all segments. Particularly for corporate and SME segment the Group uses downgrade of risk category since origination of the financial instrument as a qualitative indicator of SICR. Based on the results of the monitoring, borrowers are classified across different risk categories. In case there are certain weaknesses present, which if materialised may lead to loan repayment problems, borrowers are classified as \u201cwatch\u201d category. Although watch borrowers\u2019 financial standing is sufficient to repay obligations, these borrowers are closely monitored, and specific actions are undertaken to mitigate potential weaknesses. Once the borrower is classified as \u201cwatch\u201d category, it is transferred to Stage 2. If any of the SICR indicators described above occur, financial instrument is transferred to Stage 2. Financial assets may be moved back to Stage 1, if SICR indicators are no longer observed. ECL measurement The Group utilises two approaches for ECL measurement \u2013 individual assessment and collective assessment. Individual assessment is mainly used for stage 2 and stage 3 individually significant borrowers. For selecting individually significant exposures, the management uses the following estimated thresholds above which exposures 1 are selected for individual review: for stage 2 - to GEL 10 million and for stage 3 - GEL 4 million. Additionally, the Group may arbitrarily designate selected exposures to individual measurement of ECL based on the Group\u2019s credit risk management or underwriting departments\u2019 decision. The individual assessment considers the latest available information in order to define ECL under baseline, upside and downside scenarios. The Group uses the discounted cash flow (DCF) method for the determination of recovery amount under individual assessment. In order to ensure the accurate estimation of recoverable amount the Group utilises scenario analysis approach. Scenarios may be defined considering the specifics and future outlook of individual borrower, sector the borrower operates in or changes in values of collateral. In case of scenario analysis, the Group forecasts recoverable amount for each scenario and estimates respective losses. Ultimate ECL is calculated as the weighted average of losses expected in each scenario, weighted by the probability of scenario occurring. As for the non-significant and non-impaired significant borrower\u2019s the Group estimates expected credit losses collectively.
For the collective assessment and risk parameters estimation purposes the exposures are grouped into homogenous risk pools based on similar credit risk characteristics. Common credit risk characteristics of the group include but are not limited to: Stage (Stage 1, Stage 2 or Stage 3), type of counterparty (individual vs business), type of product, rating (external or internal), overdue status, restructuring status, months in default category or any other characteristics that may differentiate certain sub-segments for risk parameter\u2019s estimation purposes. Number of pools differs for different products/ segments considering specifics of portfolio and availability of data within each pool. Collective ECL is the sum of the multiplications of the following credit risk parameters: EAD, PD and LGD, that are defined as explained below and discounted to present value using the instrument\u2019s effective interest rate. The key principles of calculating the credit risk parameters: Exposure at default (EAD) The EAD represents estimation of exposure to credit risk at the time of default occurring during the life of financial instrument. The EAD parameter used for the purpose of the ECL calculation is time-dependent, i.e., the Group allows for various values of the parameter to be applied to subsequent time periods during the lifetime of an exposure. Such structure of the EAD is applied to all Stage 1 and Stage 2 financial instruments. In case of Stage 3 financial instruments and defaulted POCI assets, the EAD vector is one-element with current EAD as the only value. EAD is determined differently for amortising financial instruments with contractual repayment schedules and for revolving facilities. For amortising products EAD is calculated considering the contractual repayments of principal and interest over the 12- month period for facilities classified in Stage 1 and over lifetime period for remaining instruments. It is additionally adjusted to include the effect of reduction in exposure due to prepayments - Namely full prepayment ratio. Full Prepayment Ratio (FPR) parameter represents the probability that a financial instrument will be fully prepaid during the particular period to maturity. For the purpose of calculating Full Prepayment Ratio, the Group make the analysis of the historical data of the contracts fully prepaid until the maturity. For revolving facilities, the Bank calculates the EAD based on the expected limit utilisation percentage conditional on the default event. Probability of default (PD) Probability of default parameter reflects the likelihood of a default of a facility over a particular time horizon. It provides an estimate of the likelihood that a borrower will be unable to meet its contractual debt obligations. The PD parameter is time-dependent (i.e., has a specific term structure) and is applied to all non-defaulted contracts. Taking into account specific nature of different segments of clients for which the PD is estimated as well as unique characteristics that drive their default propensity, the PD is modelled differently for Retail and Micro segments and Corporate and SME segments. PD assessment approach is also differentiated for different time horizons and is further adjusted due to expected influence of macroeconomic variables as forecasted for the period (see \u2018Forward Looking Information\u201d section for further details on incorporation of macroeconomic expectations in ECL calculation). FLI adjustment is applied on PD for the three-year period, given the uncertainty involved in the macroeconomic forecasts for the longer time horizon. Two types of PDs are used for calculating ECLs: 12-month and lifetime PD. Lifetime PDs represent the estimated probability of a default occurring over the remaining life of the financial instrument and it is a sum of the 12 months marginal PDs over the life of the instrument. The Group generally uses number-based approach of PD model construction, however for the nonhomogeneous portfolio\u2019s, exposure-weighted approach is utilised. The Group uses different statistical approaches such as the extrapolation of 12-month PDs based on migration matrixes, developing lifetime PD curves based on the historical default data and gradual convergence of long-term PD with the long-term default rate.
Loss given default (LGD) The LGD parameter represents the share of an exposure that would be irretrievably lost if a borrower defaults. For Stage 1 and Stage 2 financial instruments, the LGD is estimated for each period in the instrument\u2019s lifetime and reflects the share of the expected EAD for that period that will not be recovered over the remaining lifetime of the instrument after the default date. For Stage 3 financial instruments, the LGD represents the share of the EAD as of reporting date that will not be recovered over the remaining life of that instrument. Assessment of LGD varies by the type of counterparty, segment, type of product, securitisation level, availability of historical observations and portfolio sale. The general LGD estimation process employed by the Group is based on the assumption that after the default of the exposure, two mutually exclusive scenarios are possible. Non-sold scenario-The exposure either leaves the default state (cure scenario) or does not leave the default state and will be subject to recovery process (non-cure scenario); Sold scenario- exposure is sold. The probability that an exposure is sold, probability of a cure and the probability that a cured exposure defaults again are all determined in the estimation process. Risk parameters applicable to both sub-scenarios, i.e., cure rates and recovery rates, are estimated by means of migration matrices approach, whereas the probability of sale is determined by expert judgement until enough data is gathered to allow for statistical estimation. For each LGD portfolio the Group defines the recovery horizon for non-sold exposures and maximum period for an exposure to be sold (which is set at the average time-to-sale), after which no material recoveries are assumed. Recovery horizon is defined by data analytics and expert judgment. For certain portfolios based on the limitations of observations alternative versions of the general approach may be applied. For significant corporate exposures, the Group uses the LGD modelling approach that is based on realised recoveries from historical defaults, adjusted with approximation of future recoveries from individually assessed defaulted exposures. In order to model LGD for SME and non-significant corporate borrowers, the Group is estimating recoverable amount from the collateral and assumes that no recoveries from cash is expected. In order to estimate recoverable amount from the collateral the Group is applying respective haircuts defined for different types of collateral and discounts them using effective interest rate over the realisation period. In addition, at each reporting date, the Group makes the decision which historical data horizon should be used in order to model recoveries. Forward-looking information The measurement of unbiased, probability weighted ECL requires inclusion of forward-looking information obtainable without undue cost or effort. For forward-looking information purposes, the Group defines three macro scenarios. The scenarios are defined as baseline (most likely), upside (better than most likely) and downside (worse than most likely) scenarios of the state of the economy. To derive the baseline macro-economic scenario, the Group takes into account forecasts from various external sources \u2013 the National Bank of Georgia, Ministry of Finance, International Monetary Fund (IMF) as well as other International Financial Institutions (IFIs) \u2013 in order to ensure the alignment to the consensus market expectations. Upside and downside scenarios are defined based on the framework developed by the Group\u2019s macroeconomic unit. The Group uses statistical models and historical relationship between the various macroeconomic factors and default observations to derive forward-looking adjustments. In case these models do not provide reasonable results either from statistical or business perspective, the Group may apply expert judgment or use an alternative approach. As at 31 December 2025, the Group employs statistical models to derive forward looking adjustment in all segments except for corporate. In corporate segment, due to the insignificance of the statistical models, the Group does not apply FLI adjustment. The baseline, upside and downside scenarios were assigned probability weighing of 50%, 25% and 25%, respectively. The forward-looking information is incorporated in collective assessment of expected credit losses of Retail and MSME portfolios and individually assessed exposures.
Model maintenance and validation The Group regularly reviews its methodology and assumptions to reduce any difference between the estimates and the actual credit loss. Such back-testing (including back-casting) is performed at least once a year. As part of the back- testing process, the Group evaluates actual realisation of the risk parameters and their consistency with the model estimates. Additionally staging criteria are also analysed within the back-testing process. The results of backtesting the ECL measurement methodology are communicated to the Group Management and further actions for tuning the models and assumptions are defined after discussions between authorized persons. Risk governance ECL impairment models were developed by internal credit risk governance division with the involvement of external consultants. The division runs the models to calculate ECL each month. They are also responsible for model back- testing, analytics and governance. Economic scenarios and probability weights are prepared by macro-financial analysis unit. All the assumptions, including PMAs and PMOs used in the ECL measurement go through a review and approval process: \u2022 Chief Economist reviews and approves the forward-looking scenarios and respective weights. \u2022 Internal allowance committee reviews and approves appropriateness of the estimates and judgements as well as PMAs and PMOs used in ECL measurement on a regular basis; internal committee includes Head of ERM, Heads of Portfolio Credit Risk Management divisions and CRO, who ultimately approves ECL results as of each reporting date. \u2022 Models used in calculation, as well as back-testing process is also validated by the model risk management division. Climate risk. The Group\u2019s largest operations are located in Georgia hence the climate risk overview is done by the management from Georgian perspective. The second largest subsidiary of the group is UZ Bank and constitutes 6.67% of the Group\u2019s assets. Considering that UZ Bank business activities focus on retail segment with a very low volume of the average exposure, it is considered to be immaterial for the Group from the climate-risk perspective. The Georgia\u2019s 2030 Climate Change Strategy and Climate Action Plan lay out different policy measures on which TBC Bank based its identification of the potential impact of the policy measures on different economic sectors. As a summary of the potential impact of the various transition risks and physical risks identified, the transitional risks in Georgia are low, considering, that trade and services dominate the Georgian economy, the policy measures outlined in the Georgia\u2019s 2030 Climate Change Strategy will have overall low impact on the economic sectors, especially in short and medium term. The Georgia\u2019s 2030 Climate Change Strategy takes into consideration that Georgia is a transitional and growing economy, and therefore the government strategy is not to impede the growth of the GDP with policy measures and rather to support a smooth transition where necessary. It is worth noting, that the economic sectors most affected by transitional risks world-wide such as mining crude petroleum, natural gas and metal ores, manufacturing coke and refined petroleum products are present to the very limited extent in Georgia, resulting in a low overall impact of transitional measures on economic growth, if any. We reviewed our assessments of climate-related transitional and physical risks on a sectoral level and incorporated the ESG Risk Radar considerations of the National Bank of Georgia (NBG) 1 , especially for the short-term perspective. Furthermore, the Bank performed climate stress testing of the credit portfolio. The maturity structure of the loan portfolio shows that the largest part of assets is distributed in the time horizons that are much shorter than the impacts of climate change, especially of physical risks, can be materialised in Georgia. Therefore, the bank has not made any adjustment to the level of provisions purely related to climate risk. On the other hand, the understanding of climate related risks, which have longer-term impacts need to be increased in coming years, therefore, when the bank has a more definitive analysis, it will further develop the approach, how to consider climate risks in provisioning. No post model adjustments (PMAs) or Post model overlays (PMOs) have been posted for 2025 in this regard.
Insurance Risk TBC Insurance carries out assessment of potential losses posed by individuals and business entities insured under health, life, PA and other property and casualty insurance contracts. As such, TBC Insurance is exposed to the uncertainty as to the timing and severity of claims under these contracts. The principal risk is that the frequency and severity of claims may be higher than expected. Insurance events are by their nature random, and the actual number and size of events during any one year may vary from those estimated using established statistical techniques. TBC Insurance also has exposure to market risk through insurance and investment activities. TBC Insurance\u2019s key methods in managing these risks are two-fold. Firstly, the risk is managed through appropriate underwriting and secondly, is transferred using reinsurance. TBC Insurance purchases reinsurance for various business lines: motor, life, property, cargo, liability, and surety business. Non-financial risk adjustment including technique used to measure it and confidence level: In case of the gross of reinsurance calculation for groups with sufficient and reliable own statistics a stochastic bootstrapping method is applied to calculate sufficient number of scenarios from which one in line with the 75% confidence level equivalent is taken. The BEL (best estimate liabilities) determined at this percentage is compared to the actual BEL of the Company. This way the difference between the two gives the related risk adjustment. For groups where sufficient and/or reliable data is not available the average RA% of the remaining portfolio can be chosen based on characteristics of the given group. In the end the total Company level RA is determined as simple sum of RAs per groups, while also the diversification effect is calculated using the easiest and most reliable parameters for correlation between those from Solvency II Directive. For the final RA%s this diversification ratio is incorporated into the raw (previously calculated) RA%s. Later these RA%s are used in the calculations as multipliers to the BEL. For the reinsurance RA rates, the followings are considered: \u2022 In terms of proportional reinsurance - due to the proportionality - simply the gross rates are applied. \u2022 In terms of non-proportional reinsurance: o The share of projected such payments are usually nil or immaterial due to the low probability of such huge claims to happen. o However, it happens a few times, but those are not sufficient for a reliable sophisticated analysis, therefore as the best benchmark still the gross rates are applied. Maturity of insurance liabilities: The measurement of a group of contracts includes all the future cash flows within the boundary of each contract in the group, determined as follows: \u2022 Cash flows are within the contract boundary if they arise from substantive rights and obligations that exist during the reporting period in which the Group can compel the policyholder to pay premiums or has a substantive obligation to provide services. A substantive obligation to provide services ends when: \u2022 The Group has the practical ability to reassess the risks of the policyholder and can set a price or level of benefits that fully reflects those reassessed risks; or \u2022 The Group has the practical ability to reassess the risks of the portfolio that contains the contract and can set a price or level of benefits that fully reflects the risks of that portfolio, and the pricing of the premiums up to the reassessment date does not take into account risks that relate to periods after the reassessment date.
Sensitivity analysis for insurance risk: The assumptions used in the estimation of insurance assets and liabilities are intended to result in best estimate liabilities which are sufficient to cover any liabilities arising out of insurance contracts so far as can reasonably be foreseen. For all types of insurance contracts, the Group estimates BEL arising from reported but not settled claims based on the latest information the Group has related to the severity of the claim. Estimates and judgements are continually evaluated and are based on management\u2019s experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In addition, the Group estimates the ultimate liability arising from claims under life and health insurance contracts that are incurred but not yet reported at the reporting date. The liability is calculated by using standard actuarial methods such as chain-ladder method for life insurance and expected loss ratio method for health insurance. The primary underlying assumption of the chain-ladder method is that historical loss development patterns are indicative of future loss development patterns. The expected loss ratio is the ratio of ultimate losses to earned premiums. The ultimate losses can be calculated as the earned premium multiplied by the expected loss ratio. The total reserve is calculated as the ultimate losses less paid losses. Sensitivity analysis for life insurance shows that 5% increase in the chain-ladder development factors would increase best estimate liability by GEL 663 thousand (2024: GEL 225 thousand), accordingly 5% decrease in the development factors would decrease best estimate liability by GEL 150 thousand (2024: GEL 159 thousand). Health insurance is short-tailed business as there is only a two-month limit to report a claim after the occurrence. To calculate BEL for health insurance management uses subsequent period actual claims which are reported before the financial statement reporting date. For the remaining period expert judgement is applied. Medical services received in a limited number of medical institutions may be reported after 2 months from claims occurrence date. Due to immateriality of such claims historically, no actuarial method is used, instead expert judgement is applied. Management believes that the BEL set up is adequate and there will be no need of additional reserve requirements.
Geographical risk concentrations Assets, liabilities, credit related commitments and performance guarantees have generally been attributed to geographic regions based on the country in which the counterparty is located. Balances legally outstanding to/from offshore companies which are closely related to Georgian counterparties are allocated to the caption \u201cGeorgia\u201d. Cash on hand and premises and equipment have been allocated based on the country in which they are physically held. Tables below include geographical concentration by country of incorporation. Loans and advances to Uzbekistan, OECD and Non-OECD resident customers, as well as to Georgian customers, are issued to the entities most of which are based and performing in Georgia. The geographical concentration of the Group\u2019s assets and liabilities as of 31 December 2025 is set out below by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 1,236,590 225,337 885,941 15,715 2,363,583 Reverse repurchase receivables - - 184,979 - 184,979 Due from other banks 90,602 40,708 11,814 26 143,150 Mandatory cash balances with NBG 2,357,950 - - - 2,357,950 Loans and advances to customers 25,760,491 2,106,626 522,646 332,584 28,722,347 Investment securities 3,040,660 484,994 2,489,429 236,467 6,251,550 Repurchase receivables 101,648 - - - 101,648 Finance lease receivables 597,235 245,201 - - 842,436 Other financial assets 348,542 10,225 33,693 453 392,913 Total financial assets 33,533,718 3,113,091 4,128,502 585,245 41,360,556 Non-financial assets 2,268,282 298,158 12,899 594 2,579,933 Total assets 35,802,000 3,411,249 4,141,401 585,839 43,940,489 Liabilities Due to credit institutions 3,428,729 48,863 3,664,605 231,431 7,373,628 Customer accounts 20,122,580 1,502,313 1,273,325 2,761,840 25,660,058 Debt securities in issue 518,923 39,971 448,679 - 1,007,573 Additional Tier 1 capital subordinated notes - - 1,020,473 - 1,020,473 Other financial liabilities 461,309 38,015 160,781 159 660,264 Lease liabilities 83,698 55,992 - - 139,690 Subordinated debt 156,371 - 753,928 - 910,299 Redemption liability - - 506,906 88,638 595,544 Total financial liabilities 24,771,610 1,685,154 7,828,697 3,082,068 37,367,529 Non-financial liabilities 195,783 29,338 651 721 226,493 Total liabilities 24,967,393 1,714,492 7,829,348 3,082,789 37,594,022 Net balance sheet position 10,834,607 1,696,757 (3,687,947) (2,496,950) 6,346,467 Performance guarantees 1,232,054 - 519,037 102,075 1,853,166 Undrawn credit lines 573,049 172,514 1,082 823 747,468 Letters of credit issued 150,283 - - - 150,283 Financial guarantees issued 517,960 - 1,598 9,347 528,905
The geographical concentration of the Group\u2019s assets and liabilities as of 31 December 2024 is set out below by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 1,253,315 218,734 1,525,239 50,113 3,047,401 Due from other banks 34,568 - 10,907 23 45,498 Mandatory cash balances with NBG 2,576,731 - - - 2,576,731 Loans and advances to customers 23,464,645 1,496,454 439,607 283,092 25,683,798 Investment securities 2,862,085 155,135 1,926,150 595,106 5,538,476 Repurchase receivables - - 140,058 - 140,058 Finance lease receivables 429,435 179,659 - 3,226 612,320 Other financial assets 272,175 8,094 126,409 29,896 436,574 Total financial assets 30,892,954 2,058,076 4,168,370 961,456 38,080,856 Non-financial assets 1,905,584 159,197 12,064 2,765 2,079,610 Total assets 32,798,538 2,217,273 4,180,434 964,221 40,160,466 Liabilities Due to credit institutions 3,966,076 323,908 2,724,140 616,726 7,630,850 Customer accounts 17,762,242 1,055,758 1,396,081 2,649,752 22,863,833 Debt securities in issue 411,247 36,817 - - 448,064 Additional Tier 1 capital subordinated notes 1,062,119 - - - 1,062,119 Other financial liabilities 364,302 25,725 85,975 141 476,143 Lease liabilities 88,093 18,813 - 1,057 107,963 Subordinated debt 162,552 - 843,508 142,314 1,148,374 Redemption liability - - 473,528 - 473,528 Total financial liabilities 23,816,631 1,461,021 5,523,232 3,409,990 34,210,874 Non-financial liabilities 181,604 27,175 657 1,147 210,583 Total liabilities 23,998,235 1,488,196 5,523,889 3,411,137 34,421,457 Net balance sheet position 8,800,303 729,077 (1,343,455) (2,446,916) 5,739,009 Performance guarantees 1,434,027 - 471,593 85,500 1,991,120 Undrawn credit lines 612,776 - 1,309 1,106 615,191 Letters of credit issued 242,968 - - 1,179 244,147 Financial guarantees issued 557,239 - 1,149 2,676
561,064 The table below presents the geographical concentration of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, categorized by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 110,430 - 1,104 - 111,534 Loans to subsidiaries - 588,292 - - 588,292 Liabilities Other financial liabilities 132,345 1,158 120,783 148 254,434 Debt securities in issue 292,764 - 405,933 - 698,697 The table below presents the geographical concentration of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2024, categorized by country of incorporation: In thousands of GEL Georgia Uzbekistan OECD Non-OECD Total Assets Cash and cash equivalents 66,882 - 2,449 - 69,331 Loans to subsidiaries - 150,305 - - 150,305 Liabilities Other financial liabilities 6,109 - - - 6,109 Debt securities in issue 303,674 - - - 303,674
Market risk. Market risk is the risk that the fair value or future cash flows of financial instruments will fluctuate due to changes in market variables such as interest rates, foreign exchange rates and equity prices. Management sets risk appetite limits on the value of risk that may be accepted, which is monitored on a regular basis. These limits provide buffers over regulatory limits, ensuring early detection of potential losses in the event of more significant market movements. Currency risk. Foreign exchange rate risk arises from the potential change in foreign currency exchange rates, which can affect the value of a financial instrument. This risk stems from the open currency positions created due to mismatches in foreign currency assets and liabilities. The NBG requires the Bank to monitor both balance sheet and total aggregate (including off-balance sheet) open currency positions and to maintain the later one within 20% of the Bank\u2019s regulatory capital. The Asset-Liability Management Committee (\u201cALCO\u201d) has set limits on the level of exposure by currency as well as on aggregate exposure positions which are more conservative than those set by the NBG. The Bank\u2019s compliance with such limits is monitored daily by the heads of the Treasury department and Financial Risk Management division. Currency risk management framework is governed through the Foreign Exchange Risk Management Policy. The table below summarises the Group\u2019s exposure to foreign currency exchange rate risk at the balance sheet date. While managing open currency position the Group considers part of the provisions to be denominated in the USD, Euro and other currencies. Gross amount of currency swap deposits is included in Derivatives. Therefore, total financial assets and liabilities below are not traceable with either balance sheet or liquidity risk management tables, where net amount of gross currency swaps is presented.
The Group\u2019s exposure to foreign currency exchange rate risk as at 31 December 2025: Monetary financial assets Monetary financial liabilities Derivatives Net position In thousands of GEL GEL 20,392,825 16,423,043 206,533 4,176,315 USD 12,020,714 13,463,640 1,134,272 (308,654) EUR 5,576,135 4,178,296 (1,404,403) (6,564) UZS 3,006,066 2,471,886 (20,094) 514,086 Other 364,816 249,191 (10,813) 104,812 Total 41,360,556 36,786,056 (94,505) 4,479,995 The Group\u2019s exposure to foreign currency exchange rate risk as at 31 December 2024: Monetary financial assets Monetary financial liabilities Derivatives Net position In thousands of GEL GEL 18,097,799 15,162,913 1,167,218 4,102,104 USD 13,003,588 13,659,391 499,033 (156,770) EUR 4,831,363 3,326,042 (1,499,194) 6,127 UZS 2,031,195 1,451,272 (103,428) 476,495 Other 116,911 155,590 55,676 16,997 Total 38,080,856 33,755,208 119,305 4,444,953 USD strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2025 by GEL 46,298 thousand (increase by GEL 46,298 thousand). Euro strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2025 by GEL 985 thousand (increase by GEL 985 thousand). USD strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2024 by GEL 23,516 thousand (increase by GEL 23,516 thousand). Euro strengthening by 15% (weakening 15%) would increase Group\u2019s profit or loss and equity in 2024 by GEL 919 thousand (decrease by GEL 919 thousand). Interest rate risk. Interest rate risk arises from potential changes in the market interest rates that can adversely affect the fair value or future cash flows of the financial instrument. This risk can arise from maturity mismatches of assets and liabilities, as well as from the re-pricing characteristics of such assets and liabilities. The biggest share of the Bank\u2019s deposits is at fixed interest rates, while more than half of the Bank\u2019s borrowings is at a floating interest rate. In addition, the Bank actively uses floating and combined 1 interest rate structures in its loan portfolio. In case of need, the Bank also applies for interest rate risk hedging instruments in order to mitigate interest rate risk. Furthermore, many of the Bank\u2019s loans to customers contain a clause allowing it to adjust the interest rate on the loan in case of adverse interest rate movements, thereby limiting the Bank\u2019s exposure to interest rate risk. The management also believes that the Bank\u2019s interest rate margins provide a reasonable buffer to mitigate the effect of
possible adverse interest rate movements. 1 In case of combined interest rates, interest rate is fixed for a pre-agreed term, and switches to floating interest rate after the term passesThe Group employs an advanced framework for the management of interest rate risk by establishing appropriate Risk Appetite limits, monitoring compliance with them and preparing forecasts. From September 2020 the NBG introduced regulation on interest rate risk and set the limit for Economic Value of Equity (EVE) sensitivity at 15% of NBG Tier 1 Capital. The main principles and assumptions of NBG IRR methodology are in line with Basel standards developed for IRR management purposes. According to NBG guidelines the net interest income sensitivity under parallel shifts of interest rate scenarios is maintained for monitoring purposes, while EVE sensitivity is calculated under 6 predefined stress scenarios of interest rate changes and the limit is applied to the worst-case scenario result. Interest rate risk is managed by the Balance Sheet Management division and is monitored by the ALCO, which decides on actions that are necessary for effective interest rate risk management and follows up on their implementation. Financial and Capital Risk Management (FCRM) division is responsible for developing procedures, policy document and setting risk appetite for interest rate risk. The major aspects of interest rate risk management development and the respective reporting are periodically provided to the Management Board, the Supervisory Board\u2019s Risk Committee. Following main assumptions under NBG IRR Regulation and Basel 2016 guidelines, at 31 December, 2025, if market interest rates for each currency had been 200 basis points higher, with all other variables held constant, profit would have been equivalent GEL 3 million lower, mainly as a result of relatively closed NII gaps (2024: GEL 14 million lower). If market interest rates for each currency at 31 December, 2025 had been 200 basis points lower with all other variables held constant, profit for the year would have been equivalent GEL 6 million higher, mainly as a result of relatively closed NII gaps (2024: GEL 11 million higher). Compared to the last year, in 2025 in both scenarios the effects have been muted due to the relatively closed NII gaps. At 31 December, 2025, if interest rates had been 200 basis points lower, with all other variables held constant, other comprehensive income would have been GEL 241 million higher (2024: GEL 100 million), as a result of an increase in the fair value of fixed rate financial assets measured at fair value through other comprehensive income and repurchase receivables. If interest rates at 31 December, 2025 had been 200 basis points higher with all other variables held constant, Other comprehensive income would have been GEL 241 million lower (2024: GEL 100 million), as a result of decrease in the fair value of fixed rate financial assets measured at fair value through other comprehensive income.
Liquidity Risk. The liquidity risk is the risk that TBC Bank either does not have sufficient financial resources available to meet all its obligations and commitments as they fall due or can access those resources only at a high cost. The risk is managed by the Balance Sheet Management division and Treasury Department and is monitored by the ALCO, within their pre-defined functions. FCRM is responsible for developing procedures, policy document and setting risk appetite on funding and market liquidity risk management. In addition, FCRM performs liquidity risk assessment and communicates the results to the MB and Risk Committee of the Supervisory Board on a regular basis. The principal objectives of the TBC Bank\u2019s liquidity risk management policy are to: (i) ensure the availability of funds in order to meet claims arising from total liabilities and off-balance sheet commitments, both actual and contingent, at an economic price; (ii) recognise any structural mismatch existing within TBC Bank's statement of financial position and set monitoring ratios to manage funding in line with well-balanced growth; and (iii) monitor liquidity and funding on an on- going basis to ensure that approved business targets are met without compromising the risk profile of the Bank. The liquidity risk is categorized into two risk types: the funding liquidity risk and the market liquidity risk.
Funding liquidity risk is the risk that TBC will not be able to efficiently meet both expected and unexpected current and future cash flow and collateral needs without affecting either its daily operations or its financial condition. To manage funding liquidity risk TBC Bank uses the Liquidity Coverage ratio and the Net Stable Funding ratio set, forth under Basel III, and defined further by the NBG. In addition, the Bank performs stress tests and \u201cwhat-if\u201d scenario analysis. For NBG LCR the limits are set by currency (GEL, FC, Total). TBC monitors compliance with NBG LCR limits on a daily basis. On a monthly basis the Bank also monitors compliance with the set limit for NBG NSFR. The Liquidity Coverage Ratio is used to help manage short-term liquidity risks. The Bank's liquidity risk management framework is designed to comprehensively project cash flows arising from assets, liabilities and off-balance sheet items over certain time buckets and ensure that NBG LCR limits, are met daily. The Net Stable Funding ratio is used for long-term liquidity risk management to promote resilience over a longer time horizon by creating additional incentives for TBC Bank to rely on more stable sources of funding on a continuous basis. The Bank also monitors deposit concentration for large deposits and sets the limits for non-Georgian resident\u2019s deposits share in total deposit portfolio. The Bank relies on relatively stable deposits from Georgia as the main source of funding. In order to maintain and further enhance the liability structure TBC Bank sets the targets for deposits and IFI funding within the Bank\u2019s risk appetite. The Bank\u2019s liquidity position was strong as of 31 December 2025, both LCR and NSFR ratios above the NBG minimum requirements of 100%. Maturity analysis. The table below summarizes the maturity analysis of the Group\u2019s financial liabilities, based on remaining undiscounted contractual obligations as of 31 December 2025 subject-to-notice repayments are treated as if notice were to be given immediately. However, the Group expects that many customers will not request repayment on the earliest date the Group could be required to pay and the table does not reflect the expected cash flows indicated by
the Group\u2019s deposit retention history. The maturity analysis of undiscounted financial liabilities as of 31 December 2025 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Due to credit institutions 3,167,060 1,375,495 3,362,218 108,639 8,013,412 Customer accounts \u2013 individuals 8,929,669 3,824,183 1,489,340 67,500 14,310,692 Customer accounts \u2013 other 8,435,398 1,151,588 2,542,979 336,221 12,466,186 Other financial liabilities 456,772 146,430 58,995 - 662,197 Lease liabilities 18,796 48,003 149,802 81,718 298,319 Subordinated debt 28,930 54,853 407,824 970,988 1,462,595 Debt securities in issue 127,986 307,098 864,656 - 1,299,740 Additional Tier 1 capital subordinated notes 8,949 91,651 317,377 1,010,663* 1,428,640 Redemption liability - - 818,155 - 818,155 Derivative financial instruments: -Inflows (627,163) (1,084,354) (738,376) - (2,449,893) -Outflows 634,754 1,174,714 778,676 - 2,588,144 Performance guarantees 1,880,027 - - - 1,880,027 Financial guarantees 533,362 - - - 533,362 Letters of credit 25,123 130,679 18,486 - 174,288 Undrawn credit lines 747,469 - - - 747,469 Total potential future payments for financial obligations 24,367,132 7,220,340 10,070,132 2,575,729 44,233,333
The maturity analysis of undiscounted financial liabilities as of 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Due to credit institutions 4,119,214 1,001,998 2,914,665 129,029 8,164,906 Customer accounts \u2013 individuals 8,357,428 3,017,632 1,145,095 37,905 12,558,060 Customer accounts \u2013 other 8,470,458 542,201 1,808,943 93,607 10,915,209 Other financial liabilities 396,005 70,723 9,415 - 476,143 Lease liabilities 13,988 36,601 102,967 23,359 176,915 Subordinated debt 31,157 84,183 659,124 1,118,968 1,893,432 Debt securities in issue 5,346 46,500 455,092 20,144 527,082 Additional Tier 1 capital subordinated notes 9,321 95,651 419,888 1,051,972* 1,576,832 Redemption liability - - 604,766 - 604,766 Derivative financial instruments: -Inflows (2,440,676) (1,204,395) (127,835) - (3,772,906) -Outflows 2,496,157 1,234,019 134,912 - 3,865,088 Performance guarantees 2,027,714 - - - 2,027,714 Financial guarantees 566,230 - - - 566,230 Letters of credit 121,989 143,145 15,200 - 280,334 Undrawn credit lines 615,191 - - - 615,191 Total potential future payments for financial obligations 24,789,522 5,068,258 8,142,232 2,474,984 40,474,996 *These amounts represent discounted perpetual payments. The undiscounted financial liability gap analysis does not reflect the historical stability of the current accounts. Their liquidation has historically taken place over a longer period than the one indicated in the tables above. These balances are included in amounts due in less than three months in the tables above. Accordingly, the table does not reflect the Management\u2019s expectations as to actual cash outflows. Term deposits included in the customer accounts are classified based on remaining contractual maturities, however, according to the Georgian Civil Code, individuals have the right to withdraw their deposits prior to maturity, if they partially or fully forfeit their right to accrued interest and the Group is obliged to repay such deposits upon the depositor\u2019s demand. Based on the Bank\u2019s deposit retention history, the Management does not expect that many customers will require repayment on the earliest possible date. The Group does not use the above undiscounted maturity analysis to manage liquidity as it shows contractual terms purely and disregard the actual expected behaviour of the instruments. Instead, the Group monitors the liquidity gap analysis based on the expected maturities. Expected maturities disclosure include customers\u2019 deposits and contingent liabilities according to their behavioural analysis, while for undiscounted cash flow disclosure purposes, demand deposits are put in on demand bucket.
The maturity analysis of certain undiscounted assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025 and 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total As of 31 December 2025 Other financial liabilities 120,395 7,822 204,334 - 332,551 Debt securities in issue 42,781 251,166 636,688 - 930,635 As of 31 December 2024 Other financial liabilities 5,471 638 - - 6,109 Debt securities in issue 2,452 20,371 321,707 - 344,530 As at 31 December 2025 the analysis by expected maturities of financial assets is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Cash and cash equivalents 2,363,583 - - - 2,363,583 Reverse repurchase receivables - 184,979 - - 184,979 Due from other banks 6,960 84,548 50,976 666 143,150 Mandatory cash balances with NBG 2,357,950 - - - 2,357,950 Loans and advances to customers 3,001,106 5,935,376 12,915,770 6,870,095 28,722,347 Investment securities 5,996,848 161,708 92,994 - 6,251,550 Repurchase receivables 101,648 - - - 101,648 Finance lease receivables 173,968 242,380 343,959 82,129 842,436 Other financial assets 308,749 48,303 35,795 66 392,913 Total financial assets 14,310,812 6,657,294 13,439,494 6,952,956 41,360,556 As at 31 December 2024 the analysis by expected maturities of financial assets is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Cash and cash equivalents 3,047,401 - - - 3,047,401 Due from other banks 40 15,928 28,882 648 45,498 Mandatory cash balances with NBG 2,576,731 - - - 2,576,731 Loans and advances to customers 2,578,492 4,889,780 11,538,840 6,676,686 25,683,798 Investment securities 5,411,768 122,153 4,549 6 5,538,476 Repurchase receivables - 140,058 - - 140,058 Finance lease receivables 59,723 92,320 395,665 64,612 612,320 Other financial assets 354,687 66,775 15,112 - 436,574 Total financial assets 14,028,842 5,327,014 11,983,048 6,741,952 38,080,856
As at 31 December 2025 the analysis by expected maturities is as follows: In thousands of GEL Less than 3 months From 3 to 12 months Over 1 years Total Total financial assets 14,310,812 6,657,294 20,392,450 41,360,556 Due to credit institutions 3,151,464 1,278,031 2,944,133 7,373,628 Customer accounts 2,080,276 871,365 22,708,417 25,660,058 Debt securities in issue 125,295 281,639 600,639 1,007,573 Additional Tier 1 capital subordinated notes 8,869 86,420 925,184 1,020,473 Other financial liabilities 456,835 146,045 57,384 660,264 Lease liabilities 10,149 23,669 105,872 139,690 Subordinated debt 27,163 48,869 834,267 910,299 Redemption liability - - 595,544 595,544 Total financial liabilities 5,860,051 2,736,038 28,771,440 37,367,529 Net liquidity gap as of 31 December 2025 8,450,761 3,921,256 (8,378,990) 3,993,027 Cumulative gap as of 31 December 2025 8,450,761 12,372,017 3,993,027 As at 31 December 2024 the analysis by expected maturities is as follows: In thousands of GEL Less than 3 months From 3 to 12 months Over 1 years Total Total financial assets 14,028,842 5,327,014 18,725,000 38,080,856 Due to credit institutions 4,087,160 820,641 2,723,049 7,630,850 Customer accounts 1,737,651 182,911 20,943,271 22,863,833 Debt securities in issue 5,317 36,462 406,285 448,064 Additional Tier 1 capital subordinated notes 9,236 90,199 962,684 1,062,119 Other financial liabilities 396,006 70,723 9,414 476,143 Lease liabilities 8,914 22,461 76,588 107,963 Subordinated debt 21,853 8,591 1,117,930 1,148,374 Redemption liability - - 473,528 473,528 Total financial liabilities 6,266,137 1,231,988 26,712,749 34,210,874 Net liquidity gap as of 31 December 2024 7,762,705 4,095,026 (7,987,749) 3,869,982 Cumulative gap as of 31 December 2024 7,762,705 11,857,731 3,869,982
The analysis of expected maturities of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025 and 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total As of 31 December 2025 Assets Loans to subsidiaries 8,552 97,219 482,521 - 588,292 Liabilities Other financial liabilities 119,048 6,532 128,854 - 254,434 Debt securities in issue 42,117 233,641 422,939 - 698,697 As of 31 December 2024 Assets Loans to subsidiaries - - 150,305 - 150,305 Liabilities Other financial liabilities 5,471 638 - - 6,109 Debt securities in issue 2,427 19,364 281,883 - 303,674 The Management believes that the Group has sufficient liquidity to meet its current on and off-balance sheet
obligations. Insurance Risk TBC Insurance carries out assessment of potential losses posed by individuals and business entities insured under health, life, PA and other property and casualty insurance contracts. As such, TBC Insurance is exposed to the uncertainty as to the timing and severity of claims under these contracts. The principal risk is that the frequency and severity of claims may be higher than expected. Insurance events are by their nature random, and the actual number and size of events during any one year may vary from those estimated using established statistical techniques. TBC Insurance also has exposure to market risk through insurance and investment activities. TBC Insurance\u2019s key methods in managing these risks are two-fold. Firstly, the risk is managed through appropriate underwriting and secondly, is transferred using reinsurance. TBC Insurance purchases reinsurance for various business lines: motor, life, property, cargo, liability, and surety business. Non-financial risk adjustment including technique used to measure it and confidence level: In case of the gross of reinsurance calculation for groups with sufficient and reliable own statistics a stochastic bootstrapping method is applied to calculate sufficient number of scenarios from which one in line with the 75% confidence level equivalent is taken. The BEL (best estimate liabilities) determined at this percentage is compared to the actual BEL of the Company. This way the difference between the two gives the related risk adjustment. For groups where sufficient and/or reliable data is not available the average RA% of the remaining portfolio can be chosen based on characteristics of the given group. In the end the total Company level RA is determined as simple sum of RAs per groups, while also the diversification effect is calculated using the easiest and most reliable parameters for correlation between those from Solvency II Directive. For the final RA%s this diversification ratio is incorporated into the raw (previously calculated) RA%s. Later these RA%s are used in the calculations as multipliers to the BEL. For the reinsurance RA rates, the followings are considered: \u2022 In terms of proportional reinsurance - due to the proportionality - simply the gross rates are applied. \u2022 In terms of non-proportional reinsurance: o The share of projected such payments are usually nil or immaterial due to the low probability of such huge claims to happen. o However, it happens a few times, but those are not sufficient for a reliable sophisticated analysis, therefore as the best benchmark still the gross rates are applied. Maturity of insurance liabilities: The measurement of a group of contracts includes all the future cash flows within the boundary of each contract in the group, determined as follows: \u2022 Cash flows are within the contract boundary if they arise from substantive rights and obligations that exist during the reporting period in which the Group can compel the policyholder to pay premiums or has a substantive obligation to provide services. A substantive obligation to provide services ends when: \u2022 The Group has the practical ability to reassess the risks of the policyholder and can set a price or level of benefits that fully reflects those reassessed risks; or \u2022 The Group has the practical ability to reassess the risks of the portfolio that contains the contract and can set a price or level of benefits that fully reflects the risks of that portfolio, and the pricing of the premiums up to the reassessment date does not take into account risks that relate to periods after the reassessment date.
Sensitivity analysis for insurance risk: The assumptions used in the estimation of insurance assets and liabilities are intended to result in best estimate liabilities which are sufficient to cover any liabilities arising out of insurance contracts so far as can reasonably be foreseen. For all types of insurance contracts, the Group estimates BEL arising from reported but not settled claims based on the latest information the Group has related to the severity of the claim. Estimates and judgements are continually evaluated and are based on management\u2019s experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In addition, the Group estimates the ultimate liability arising from claims under life and health insurance contracts that are incurred but not yet reported at the reporting date. The liability is calculated by using standard actuarial methods such as chain-ladder method for life insurance and expected loss ratio method for health insurance. The primary underlying assumption of the chain-ladder method is that historical loss development patterns are indicative of future loss development patterns. The expected loss ratio is the ratio of ultimate losses to earned premiums. The ultimate losses can be calculated as the earned premium multiplied by the expected loss ratio. The total reserve is calculated as the ultimate losses less paid losses. Sensitivity analysis for life insurance shows that 5% increase in the chain-ladder development factors would increase best estimate liability by GEL 663 thousand (2024: GEL 225 thousand), accordingly 5% decrease in the development factors would decrease best estimate liability by GEL 150 thousand (2024: GEL 159 thousand). Health insurance is short-tailed business as there is only a two-month limit to report a claim after the occurrence. To calculate BEL for health insurance management uses subsequent period actual claims which are reported before the financial statement reporting date. For the remaining period expert judgement is applied. Medical services received in a limited number of medical institutions may be reported after 2 months from claims occurrence date. Due to immateriality of such claims historically, no actuarial method is used, instead expert judgement is applied. Management believes that the BEL set up is adequate and there will be no need of additional reserve requirements.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInsuranceContractsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-699": {
"value": "Market risk. Market risk is the risk that the fair value or future cash flows of financial instruments will fluctuate due to changes in market variables such as interest rates, foreign exchange rates and equity prices. Management sets risk appetite limits on the value of risk that may be accepted, which is monitored on a regular basis. These limits provide buffers over regulatory limits, ensuring early detection of potential losses in the event of more significant market movements. Currency risk. Foreign exchange rate risk arises from the potential change in foreign currency exchange rates, which can affect the value of a financial instrument. This risk stems from the open currency positions created due to mismatches in foreign currency assets and liabilities. The NBG requires the Bank to monitor both balance sheet and total aggregate (including off-balance sheet) open currency positions and to maintain the later one within 20% of the Bank\u2019s regulatory capital. The Asset-Liability Management Committee (\u201cALCO\u201d) has set limits on the level of exposure by currency as well as on aggregate exposure positions which are more conservative than those set by the NBG. The Bank\u2019s compliance with such limits is monitored daily by the heads of the Treasury department and Financial Risk Management division. Currency risk management framework is governed through the Foreign Exchange Risk Management Policy. The table below summarises the Group\u2019s exposure to foreign currency exchange rate risk at the balance sheet date. While managing open currency position the Group considers part of the provisions to be denominated in the USD, Euro and other currencies. Gross amount of currency swap deposits is included in Derivatives. Therefore, total financial assets and liabilities below are not traceable with either balance sheet or liquidity risk management tables, where net amount of gross currency swaps is presented.
The Group\u2019s exposure to foreign currency exchange rate risk as at 31 December 2025: Monetary financial assets Monetary financial liabilities Derivatives Net position In thousands of GEL GEL 20,392,825 16,423,043 206,533 4,176,315 USD 12,020,714 13,463,640 1,134,272 (308,654) EUR 5,576,135 4,178,296 (1,404,403) (6,564) UZS 3,006,066 2,471,886 (20,094) 514,086 Other 364,816 249,191 (10,813) 104,812 Total 41,360,556 36,786,056 (94,505) 4,479,995 The Group\u2019s exposure to foreign currency exchange rate risk as at 31 December 2024: Monetary financial assets Monetary financial liabilities Derivatives Net position In thousands of GEL GEL 18,097,799 15,162,913 1,167,218 4,102,104 USD 13,003,588 13,659,391 499,033 (156,770) EUR 4,831,363 3,326,042 (1,499,194) 6,127 UZS 2,031,195 1,451,272 (103,428) 476,495 Other 116,911 155,590 55,676 16,997 Total 38,080,856 33,755,208 119,305 4,444,953 USD strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2025 by GEL 46,298 thousand (increase by GEL 46,298 thousand). Euro strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2025 by GEL 985 thousand (increase by GEL 985 thousand). USD strengthening by 15% (weakening 15%) would decrease Group\u2019s profit or loss and equity in 2024 by GEL 23,516 thousand (increase by GEL 23,516 thousand). Euro strengthening by 15% (weakening 15%) would increase Group\u2019s profit or loss and equity in 2024 by GEL 919 thousand (decrease by GEL 919 thousand). Interest rate risk. Interest rate risk arises from potential changes in the market interest rates that can adversely affect the fair value or future cash flows of the financial instrument. This risk can arise from maturity mismatches of assets and liabilities, as well as from the re-pricing characteristics of such assets and liabilities. The biggest share of the Bank\u2019s deposits is at fixed interest rates, while more than half of the Bank\u2019s borrowings is at a floating interest rate. In addition, the Bank actively uses floating and combined 1 interest rate structures in its loan portfolio. In case of need, the Bank also applies for interest rate risk hedging instruments in order to mitigate interest rate risk. Furthermore, many of the Bank\u2019s loans to customers contain a clause allowing it to adjust the interest rate on the loan in case of adverse interest rate movements, thereby limiting the Bank\u2019s exposure to interest rate risk. The management also believes that the Bank\u2019s interest rate margins provide a reasonable buffer to mitigate the effect of
possible adverse interest rate movementsThe Group employs an advanced framework for the management of interest rate risk by establishing appropriate Risk Appetite limits, monitoring compliance with them and preparing forecasts. From September 2020 the NBG introduced regulation on interest rate risk and set the limit for Economic Value of Equity (EVE) sensitivity at 15% of NBG Tier 1 Capital. The main principles and assumptions of NBG IRR methodology are in line with Basel standards developed for IRR management purposes. According to NBG guidelines the net interest income sensitivity under parallel shifts of interest rate scenarios is maintained for monitoring purposes, while EVE sensitivity is calculated under 6 predefined stress scenarios of interest rate changes and the limit is applied to the worst-case scenario result. Interest rate risk is managed by the Balance Sheet Management division and is monitored by the ALCO, which decides on actions that are necessary for effective interest rate risk management and follows up on their implementation. Financial and Capital Risk Management (FCRM) division is responsible for developing procedures, policy document and setting risk appetite for interest rate risk. The major aspects of interest rate risk management development and the respective reporting are periodically provided to the Management Board, the Supervisory Board\u2019s Risk Committee. Following main assumptions under NBG IRR Regulation and Basel 2016 guidelines, at 31 December, 2025, if market interest rates for each currency had been 200 basis points higher, with all other variables held constant, profit would have been equivalent GEL 3 million lower, mainly as a result of relatively closed NII gaps (2024: GEL 14 million lower). If market interest rates for each currency at 31 December, 2025 had been 200 basis points lower with all other variables held constant, profit for the year would have been equivalent GEL 6 million higher, mainly as a result of relatively closed NII gaps (2024: GEL 11 million higher). Compared to the last year, in 2025 in both scenarios the effects have been muted due to the relatively closed NII gaps. At 31 December, 2025, if interest rates had been 200 basis points lower, with all other variables held constant, other comprehensive income would have been GEL 241 million higher (2024: GEL 100 million), as a result of an increase in the fair value of fixed rate financial assets measured at fair value through other comprehensive income and repurchase receivables. If interest rates at 31 December, 2025 had been 200 basis points higher with all other variables held constant, Other comprehensive income would have been GEL 241 million lower (2024: GEL 100 million), as a result of decrease in the fair value of fixed rate financial assets measured at fair value through other comprehensive income.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-700": {
"value": "Liquidity Risk. The liquidity risk is the risk that TBC Bank either does not have sufficient financial resources available to meet all its obligations and commitments as they fall due or can access those resources only at a high cost. The risk is managed by the Balance Sheet Management division and Treasury Department and is monitored by the ALCO, within their pre-defined functions. FCRM is responsible for developing procedures, policy document and setting risk appetite on funding and market liquidity risk management. In addition, FCRM performs liquidity risk assessment and communicates the results to the MB and Risk Committee of the Supervisory Board on a regular basis. The principal objectives of the TBC Bank\u2019s liquidity risk management policy are to: (i) ensure the availability of funds in order to meet claims arising from total liabilities and off-balance sheet commitments, both actual and contingent, at an economic price; (ii) recognise any structural mismatch existing within TBC Bank's statement of financial position and set monitoring ratios to manage funding in line with well-balanced growth; and (iii) monitor liquidity and funding on an on- going basis to ensure that approved business targets are met without compromising the risk profile of the Bank. The liquidity risk is categorized into two risk types: the funding liquidity risk and the market liquidity risk.
Funding liquidity risk is the risk that TBC will not be able to efficiently meet both expected and unexpected current and future cash flow and collateral needs without affecting either its daily operations or its financial condition. To manage funding liquidity risk TBC Bank uses the Liquidity Coverage ratio and the Net Stable Funding ratio set, forth under Basel III, and defined further by the NBG. In addition, the Bank performs stress tests and \u201cwhat-if\u201d scenario analysis. For NBG LCR the limits are set by currency (GEL, FC, Total). TBC monitors compliance with NBG LCR limits on a daily basis. On a monthly basis the Bank also monitors compliance with the set limit for NBG NSFR. The Liquidity Coverage Ratio is used to help manage short-term liquidity risks. The Bank's liquidity risk management framework is designed to comprehensively project cash flows arising from assets, liabilities and off-balance sheet items over certain time buckets and ensure that NBG LCR limits, are met daily. The Net Stable Funding ratio is used for long-term liquidity risk management to promote resilience over a longer time horizon by creating additional incentives for TBC Bank to rely on more stable sources of funding on a continuous basis. The Bank also monitors deposit concentration for large deposits and sets the limits for non-Georgian resident\u2019s deposits share in total deposit portfolio. The Bank relies on relatively stable deposits from Georgia as the main source of funding. In order to maintain and further enhance the liability structure TBC Bank sets the targets for deposits and IFI funding within the Bank\u2019s risk appetite. The Bank\u2019s liquidity position was strong as of 31 December 2025, both LCR and NSFR ratios above the NBG minimum requirements of 100%. Maturity analysis. The table below summarizes the maturity analysis of the Group\u2019s financial liabilities, based on remaining undiscounted contractual obligations as of 31 December 2025 subject-to-notice repayments are treated as if notice were to be given immediately. However, the Group expects that many customers will not request repayment on the earliest date the Group could be required to pay and the table does not reflect the expected cash flows indicated by
the Group\u2019s deposit retention historyThe maturity analysis of undiscounted financial liabilities as of 31 December 2025 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Due to credit institutions 3,167,060 1,375,495 3,362,218 108,639 8,013,412 Customer accounts \u2013 individuals 8,929,669 3,824,183 1,489,340 67,500 14,310,692 Customer accounts \u2013 other 8,435,398 1,151,588 2,542,979 336,221 12,466,186 Other financial liabilities 456,772 146,430 58,995 - 662,197 Lease liabilities 18,796 48,003 149,802 81,718 298,319 Subordinated debt 28,930 54,853 407,824 970,988 1,462,595 Debt securities in issue 127,986 307,098 864,656 - 1,299,740 Additional Tier 1 capital subordinated notes 8,949 91,651 317,377 1,010,663* 1,428,640 Redemption liability - - 818,155 - 818,155 Derivative financial instruments: -Inflows (627,163) (1,084,354) (738,376) - (2,449,893) -Outflows 634,754 1,174,714 778,676 - 2,588,144 Performance guarantees 1,880,027 - - - 1,880,027 Financial guarantees 533,362 - - - 533,362 Letters of credit 25,123 130,679 18,486 - 174,288 Undrawn credit lines 747,469 - - - 747,469 Total potential future payments for financial obligations 24,367,132 7,220,340 10,070,132 2,575,729 44,233,333
The maturity analysis of undiscounted financial liabilities as of 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Due to credit institutions 4,119,214 1,001,998 2,914,665 129,029 8,164,906 Customer accounts \u2013 individuals 8,357,428 3,017,632 1,145,095 37,905 12,558,060 Customer accounts \u2013 other 8,470,458 542,201 1,808,943 93,607 10,915,209 Other financial liabilities 396,005 70,723 9,415 - 476,143 Lease liabilities 13,988 36,601 102,967 23,359 176,915 Subordinated debt 31,157 84,183 659,124 1,118,968 1,893,432 Debt securities in issue 5,346 46,500 455,092 20,144 527,082 Additional Tier 1 capital subordinated notes 9,321 95,651 419,888 1,051,972* 1,576,832 Redemption liability - - 604,766 - 604,766 Derivative financial instruments: -Inflows (2,440,676) (1,204,395) (127,835) - (3,772,906) -Outflows 2,496,157 1,234,019 134,912 - 3,865,088 Performance guarantees 2,027,714 - - - 2,027,714 Financial guarantees 566,230 - - - 566,230 Letters of credit 121,989 143,145 15,200 - 280,334 Undrawn credit lines 615,191 - - - 615,191 Total potential future payments for financial obligations 24,789,522 5,068,258 8,142,232 2,474,984 40,474,996 *These amounts represent discounted perpetual payments. The undiscounted financial liability gap analysis does not reflect the historical stability of the current accounts. Their liquidation has historically taken place over a longer period than the one indicated in the tables above. These balances are included in amounts due in less than three months in the tables above. Accordingly, the table does not reflect the Management\u2019s expectations as to actual cash outflows. Term deposits included in the customer accounts are classified based on remaining contractual maturities, however, according to the Georgian Civil Code, individuals have the right to withdraw their deposits prior to maturity, if they partially or fully forfeit their right to accrued interest and the Group is obliged to repay such deposits upon the depositor\u2019s demand. Based on the Bank\u2019s deposit retention history, the Management does not expect that many customers will require repayment on the earliest possible date. The Group does not use the above undiscounted maturity analysis to manage liquidity as it shows contractual terms purely and disregard the actual expected behaviour of the instruments. Instead, the Group monitors the liquidity gap analysis based on the expected maturities. Expected maturities disclosure include customers\u2019 deposits and contingent liabilities according to their behavioural analysis, while for undiscounted cash flow disclosure purposes, demand deposits are put in on demand bucket.
The maturity analysis of certain undiscounted assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025 and 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total As of 31 December 2025 Other financial liabilities 120,395 7,822 204,334 - 332,551 Debt securities in issue 42,781 251,166 636,688 - 930,635 As of 31 December 2024 Other financial liabilities 5,471 638 - - 6,109 Debt securities in issue 2,452 20,371 321,707 - 344,530 As at 31 December 2025 the analysis by expected maturities of financial assets is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Cash and cash equivalents 2,363,583 - - - 2,363,583 Reverse repurchase receivables - 184,979 - - 184,979 Due from other banks 6,960 84,548 50,976 666 143,150 Mandatory cash balances with NBG 2,357,950 - - - 2,357,950 Loans and advances to customers 3,001,106 5,935,376 12,915,770 6,870,095 28,722,347 Investment securities 5,996,848 161,708 92,994 - 6,251,550 Repurchase receivables 101,648 - - - 101,648 Finance lease receivables 173,968 242,380 343,959 82,129 842,436 Other financial assets 308,749 48,303 35,795 66 392,913 Total financial assets 14,310,812 6,657,294 13,439,494 6,952,956 41,360,556 As at 31 December 2024 the analysis by expected maturities of financial assets is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total Cash and cash equivalents 3,047,401 - - - 3,047,401 Due from other banks 40 15,928 28,882 648 45,498 Mandatory cash balances with NBG 2,576,731 - - - 2,576,731 Loans and advances to customers 2,578,492 4,889,780 11,538,840 6,676,686 25,683,798 Investment securities 5,411,768 122,153 4,549 6 5,538,476 Repurchase receivables - 140,058 - - 140,058 Finance lease receivables 59,723 92,320 395,665 64,612 612,320 Other financial assets 354,687 66,775 15,112 - 436,574 Total financial assets 14,028,842 5,327,014 11,983,048 6,741,952 38,080,856
As at 31 December 2025 the analysis by expected maturities is as follows: In thousands of GEL Less than 3 months From 3 to 12 months Over 1 years Total Total financial assets 14,310,812 6,657,294 20,392,450 41,360,556 Due to credit institutions 3,151,464 1,278,031 2,944,133 7,373,628 Customer accounts 2,080,276 871,365 22,708,417 25,660,058 Debt securities in issue 125,295 281,639 600,639 1,007,573 Additional Tier 1 capital subordinated notes 8,869 86,420 925,184 1,020,473 Other financial liabilities 456,835 146,045 57,384 660,264 Lease liabilities 10,149 23,669 105,872 139,690 Subordinated debt 27,163 48,869 834,267 910,299 Redemption liability - - 595,544 595,544 Total financial liabilities 5,860,051 2,736,038 28,771,440 37,367,529 Net liquidity gap as of 31 December 2025 8,450,761 3,921,256 (8,378,990) 3,993,027 Cumulative gap as of 31 December 2025 8,450,761 12,372,017 3,993,027 As at 31 December 2024 the analysis by expected maturities is as follows: In thousands of GEL Less than 3 months From 3 to 12 months Over 1 years Total Total financial assets 14,028,842 5,327,014 18,725,000 38,080,856 Due to credit institutions 4,087,160 820,641 2,723,049 7,630,850 Customer accounts 1,737,651 182,911 20,943,271 22,863,833 Debt securities in issue 5,317 36,462 406,285 448,064 Additional Tier 1 capital subordinated notes 9,236 90,199 962,684 1,062,119 Other financial liabilities 396,006 70,723 9,414 476,143 Lease liabilities 8,914 22,461 76,588 107,963 Subordinated debt 21,853 8,591 1,117,930 1,148,374 Redemption liability - - 473,528 473,528 Total financial liabilities 6,266,137 1,231,988 26,712,749 34,210,874 Net liquidity gap as of 31 December 2024 7,762,705 4,095,026 (7,987,749) 3,869,982 Cumulative gap as of 31 December 2024 7,762,705 11,857,731 3,869,982
The analysis of expected maturities of certain assets and liabilities reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025 and 31 December 2024 is as follows: In thousands of GEL Less than 3 months From 3 to 12 months From 1 to 5 years Over 5 years Total As of 31 December 2025 Assets Loans to subsidiaries 8,552 97,219 482,521 - 588,292 Liabilities Other financial liabilities 119,048 6,532 128,854 - 254,434 Debt securities in issue 42,117 233,641 422,939 - 698,697 As of 31 December 2024 Assets Loans to subsidiaries - - 150,305 - 150,305 Liabilities Other financial liabilities 5,471 638 - - 6,109 Debt securities in issue 2,427 19,364 281,883 - 303,674 The Management believes that the Group has sufficient liquidity to meet its current on and off-balance sheet
obligations",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-702": {
"value": "38. Contingencies and Commitments Legal and regulatory matters. When determining the level of provision to be set up with regards to such matters, or the amount (not subject to provisioning) to be disclosed in the financial statements, the management seeks both internal and external professional advice. The management believes that the provision recorded in these consolidated financial statements is adequate and the amount (not subject to provisioning) need not be disclosed as it will not have a material adverse effect on the financial condition or the results of future operations of the Group. Tax legislation. Georgian and Uzbekistan tax and customs legislation is subject to varying interpretations, and changes, which can occur frequently. The management\u2019s interpretation of the legislation as applied to the Group\u2019s transactions and activity may be challenged by the relevant authorities. In both Uzbekistan and Georgia, the period of limitation for tax review is generally three years. To respond to the risks, the Group has engaged external tax specialists to carry out periodic reviews of Group\u2019s taxation policies and tax filings. The Group\u2019s management believes that its interpretation of the relevant legislation is appropriate, and the Group\u2019s tax and customs positions will be substantially sustained. Compliance with covenants. The Group is subject to certain financial and non-financial covenants primarily related to its borrowed funds. These borrowings are subject to covenant requirements. Non-compliance with such covenants may result in negative consequences for the Group including mandatory prepayment and declaration of default. The Group was in compliance with all covenants as of 31 December 2025 and 31 December 2024. Group\u2019s financial covenants mainly consist of the following major sub-categories. The key covenants within each category, together with their respective compliance status, are disclosed below. Covenant Description Status Liquidity Net Stable Funding Ratio (NSFR) Complied Liquidity Coverage Ratio (LCR) Complied Net loan to deposit and funding ratio Complied Capital Adequacy Tier 1 capital ratio Complied Total capital ratio Complied Asset Quality Open Credit Exposure Ratio Complied Par 90 to Gross Loan portfolio Complied Net Problem assets to total capital Complied Open Loan Position Complied Credit Concentration Related Party Exposure Ratio Complied Largest Group Exposure Ratio Complied Foreign Exchange Risk Single Currency Foreign Exchange Risk Ratio Complied Aggregate Foreign Exchange Risk Ratio Complied Short Foreign Exchange Position Complied For all financial covenants the group monitors risks related to its potential breach.
Management of Capital. The Bank manages capital requirements under regulatory rules. The Bank complied with all its imposed capital requirements for the years 2025 and 2024. Based on information provided internally to key management personnel, the amount of capital that the Bank managed (the Bank\u2019s total equity adjusted for regulatory corrections) was GEL 5,222,768 thousand as of 31 December 2025 (2024: GEL 4,843,167 thousand), regulatory Tier 1 capital amounts to GEL 6,233,431 thousand (2024: GEL 5,895,717 thousand), total regulatory capital amounts to GEL 7,072,885 thousand (2024: GEL 6,861,963 thousand). UZ Bank manages capital requirements under regulatory rules. UZ Bank complied with all its imposed capital requirements for the years 2025 and 2024. Based on information provided internally to key management personnel, the amount of capital that the UZ Bank managed (UZ Bank\u2019s total equity adjusted for regulatory corrections) was UZS 2,502,984,171 thousand as of 31 December 2025 (2024: UZS 2,389,155,709 thousand), regulatory Tier 1 capital amounts to UZS 2,502,984,171 thousand (2024: UZS 2,389,155,709 thousand), total regulatory capital amounts to UZS 2,593,554,585 thousand (2024: UZS 2,520,739,144 thousand). TBC Sug\u2019urta manages its capital to ensure compliance with regulatory requirements and to maintain financial stability. In accordance with Presidential Resolution No. PP-108 dated 1 March 2024, the Company\u2019s charter capital exceeds the applicable minimum threshold. Additionally, in line with Order of the Minister of Finance of the Republic of Uzbekistan No. 1806 dated 12 May 2008, the Company maintains a solvency margin in full compliance with regulatory standards, supporting its ability to meet insurance obligations. On 16 September 2016, ISSSG (Insurance State Supervision Service of Georgia) issued directives \u211615 and \u211616 on the determination of the Regulatory Solvency Margin (\u201cRSM\u201d) and Regulatory Capital, respectively. The laws also impose the requirements on maintaining minimum Regulatory Capital benchmarking against RSM. JSC TBC Insurance was in compliance with capital requirements set by ISSSG during 2024 and 2025.
Credit related commitments and financial guarantees. The primary purpose of these instruments is to ensure that funds are available to a customer as required. Financial guarantees and standby letters of credit, which represent the irrevocable assurances that the Group will make payments in the event that a customer cannot meet its obligations to third parties, carry the same credit risk as loans. Documentary and commercial letters of credit, that are underwritten by the Group on behalf of a customer authorizing a third party to draw drafts on the Group up to a stipulated amount under specific terms and conditions, are collateralized by the underlying shipments of goods to which they relate or cash deposits and therefore carry less risk than a direct borrowing. Commitments to extend credit represent unused portions of authorisations to prolong credit in the form of loans, guarantees or letters of credit. With respect to credit risk on commitments to extend credit, the Group is potentially exposed to a loss in an amount equal to the total unused commitments.
However, the likely amount of loss is lower than the total unused commitments since most commitments to extend credit are contingent upon customers maintaining specific credit standards. The Group monitors the term to maturity of credit related commitments because longer-term commitments generally have a greater degree of credit risk than shorter-term ones. As of 31 December 2025, outstanding credit related commitments presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Undrawn credit lines 728,693 13,408 5,367 Letters of credit issued 149,331 952 - Financial guarantees issued 519,839 8,950 116 Total credit related commitments before ECL 1,397,863 23,310 5,483 Credit loss allowance for credit related commitments Undrawn credit lines (1,677) (145) - Letters of credit issued (178) (1) - Financial guarantees issued (668) - (14) Credit loss allowance for credit related commitments (2,523) (146) (14) As of 31 December 2024, outstanding credit related commitments presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Undrawn credit lines 587,473 22,296 5,422 Letters of credit issued 244,147 - - Financial guarantees issued 558,990 2,001 73 Total credit related commitments before ECL 1,390,610 24,297 5,495 Credit loss allowance for credit related commitments Undrawn credit lines (1,662) (146) - Letters of credit issued (327) - - Financial guarantees issued (762) - - Credit loss allowance for credit related commitments (2,751) (146) -
The credit quality of contingencies and commitments is as follows at 31 December 2025: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Undrawn credit lines risk category - Very low 680,949 1,862 238 683,049 - Low 40,685 6,518 79 47,282 - Moderate 7,035 3,548 62 10,645 - High 24 1,480 58 1,562 - Default - - 4,930 4,930 Carrying amount 728,693 13,408 5,367 747,468 Credit loss allowance (1,677) (145) - (1,822) Letters of credit issued risk category - Very low 149,331 - - 149,331 - Low - - - - - Moderate - 952 - 952 - High - - - - - Default - - - - Carrying amount 149,331 952 - 150,283 Credit loss allowance (178) (1) - (179) Financial guarantees issued risk category - Very low 516,437 - - 516,437 - Low 2,974 8,655 - 11,629 - Moderate 428 245 - 673 - High - 50 - 50 - Default - - 116 116 Carrying amount 519,839 8,950 116 528,905 Credit loss allowance (668) - (14) (682)
The credit quality of contingencies and commitments is as follows at 31 December 2024: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Undrawn credit lines risk category - Very low 545,410 890 - 546,300 - Low 37,283 15,650 - 52,933 - Moderate 4,779 4,811 - 9,590 - High 1 945 - 946 - Default - - 5,422 5,422 Carrying amount 587,473 22,296 5,422 615,191 Credit loss allowance (1,662) (146) - (1,808) Letters of credit issued risk category - Very low 244,147 - - 244,147 - Low - - - - - Moderate - - - - - High - - - - - Default - - - - Carrying amount 244,147 - - 244,147 Credit loss allowance (327) - - (327) Financial guarantees issued risk category - Very low 558,463 - - 558,463 - Low 406 1,735 - 2,141 - Moderate 121 266 - 387 - High - - - - - Default - - 73 73 Carrying amount 558,990 2,001 73 561,064 Credit loss allowance (762) - - (762)
The total outstanding contractual amount of undrawn credit lines, letters of credit, and guarantees does not necessarily represent future cash requirements, as these financial instruments may expire or terminate without being funded. Non- cancellable commitments as of 31 December 2025 were GEL 290,536 thousand (2024: GEL 234,369 thousand). Performance guarantees. Performance guarantees are contracts that provide compensation in case of another party fails to perform a contractual obligation. As of 31 December 2025, outstanding performance guarantees presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Outstanding amount 1,802,410 47,492 3,264 Credit loss allowance (2,294) (971) (327) As of 31 December 2024, outstanding performance guarantees presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Outstanding amount 1,968,360 18,617 4,143 Credit loss allowance (2,705) (9) (2,389) The credit quality of performance guarantees is as follows at 31 December 2025: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Performance guarantees risk category - Very low 1,795,024 - - 1,795,024 - Low 6,448 24,149 - 30,597 - Moderate 938 23,196 - 24,134 - High - 147 - 147 - Default - - 3,264 3,264 Carrying amount 1,802,410 47,492 3,264 1,853,166 Credit loss allowance (2,294) (971) (327) (3,592)
The credit quality of performance guarantees is as follows at 31 December 2024: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Performance guarantees risk category - Very low 1,957,824 - - 1,957,824 - Low 9,237 13,754 - 22,991 - Moderate 1,299 4,838 - 6,137 - High - 25 - 25 - Default - - 4,143 4,143 Carrying amount 1,968,360 18,617 4,143 1,991,120 Credit loss allowance (2,705) (9) (2,389) (5,103) Fair value of credit related commitments was GEL 2,683 thousand as of 31 December 2025 (2024: GEL 2,897 thousand). Total credit related commitments and performance guarantees are denominated in currencies as follows: In thousands of GEL 2025 2024 GEL 1,566,679 1,736,716 USD 1,001,537 1,025,856 EUR 442,030 546,678 Other 269,576 102,272 Total 3,279,822 3,411,522 Capital expenditure commitments. As of 31 December 2025, the Group has contractual capital expenditure commitments amounting to GEL 188,502 thousand (2024: GEL 128,055 thousand). Out of total amount as at 31 December 2025, contractual commitments related to the head office construction amounted GEL 80,005 thousand (2024: GEL 50,414 thousand).
38. Contingencies and Commitments Legal and regulatory matters. When determining the level of provision to be set up with regards to such matters, or the amount (not subject to provisioning) to be disclosed in the financial statements, the management seeks both internal and external professional advice. The management believes that the provision recorded in these consolidated financial statements is adequate and the amount (not subject to provisioning) need not be disclosed as it will not have a material adverse effect on the financial condition or the results of future operations of the Group. Tax legislation. Georgian and Uzbekistan tax and customs legislation is subject to varying interpretations, and changes, which can occur frequently. The management\u2019s interpretation of the legislation as applied to the Group\u2019s transactions and activity may be challenged by the relevant authorities. In both Uzbekistan and Georgia, the period of limitation for tax review is generally three years. To respond to the risks, the Group has engaged external tax specialists to carry out periodic reviews of Group\u2019s taxation policies and tax filings. The Group\u2019s management believes that its interpretation of the relevant legislation is appropriate, and the Group\u2019s tax and customs positions will be substantially sustained. Compliance with covenants. The Group is subject to certain financial and non-financial covenants primarily related to its borrowed funds. These borrowings are subject to covenant requirements. Non-compliance with such covenants may result in negative consequences for the Group including mandatory prepayment and declaration of default. The Group was in compliance with all covenants as of 31 December 2025 and 31 December 2024. Group\u2019s financial covenants mainly consist of the following major sub-categories. The key covenants within each category, together with their respective compliance status, are disclosed below. Covenant Description Status Liquidity Net Stable Funding Ratio (NSFR) Complied Liquidity Coverage Ratio (LCR) Complied Net loan to deposit and funding ratio Complied Capital Adequacy Tier 1 capital ratio Complied Total capital ratio Complied Asset Quality Open Credit Exposure Ratio Complied Par 90 to Gross Loan portfolio Complied Net Problem assets to total capital Complied Open Loan Position Complied Credit Concentration Related Party Exposure Ratio Complied Largest Group Exposure Ratio Complied Foreign Exchange Risk Single Currency Foreign Exchange Risk Ratio Complied Aggregate Foreign Exchange Risk Ratio Complied Short Foreign Exchange Position Complied For all financial covenants the group monitors risks related to its potential breach.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-703": {
"value": "Management of Capital. The Bank manages capital requirements under regulatory rules. The Bank complied with all its imposed capital requirements for the years 2025 and 2024. Based on information provided internally to key management personnel, the amount of capital that the Bank managed (the Bank\u2019s total equity adjusted for regulatory corrections) was GEL 5,222,768 thousand as of 31 December 2025 (2024: GEL 4,843,167 thousand), regulatory Tier 1 capital amounts to GEL 6,233,431 thousand (2024: GEL 5,895,717 thousand), total regulatory capital amounts to GEL 7,072,885 thousand (2024: GEL 6,861,963 thousand). UZ Bank manages capital requirements under regulatory rules. UZ Bank complied with all its imposed capital requirements for the years 2025 and 2024. Based on information provided internally to key management personnel, the amount of capital that the UZ Bank managed (UZ Bank\u2019s total equity adjusted for regulatory corrections) was UZS 2,502,984,171 thousand as of 31 December 2025 (2024: UZS 2,389,155,709 thousand), regulatory Tier 1 capital amounts to UZS 2,502,984,171 thousand (2024: UZS 2,389,155,709 thousand), total regulatory capital amounts to UZS 2,593,554,585 thousand (2024: UZS 2,520,739,144 thousand). TBC Sug\u2019urta manages its capital to ensure compliance with regulatory requirements and to maintain financial stability. In accordance with Presidential Resolution No. PP-108 dated 1 March 2024, the Company\u2019s charter capital exceeds the applicable minimum threshold. Additionally, in line with Order of the Minister of Finance of the Republic of Uzbekistan No. 1806 dated 12 May 2008, the Company maintains a solvency margin in full compliance with regulatory standards, supporting its ability to meet insurance obligations. On 16 September 2016, ISSSG (Insurance State Supervision Service of Georgia) issued directives \u211615 and \u211616 on the determination of the Regulatory Solvency Margin (\u201cRSM\u201d) and Regulatory Capital, respectively. The laws also impose the requirements on maintaining minimum Regulatory Capital benchmarking against RSM. JSC TBC Insurance was in compliance with capital requirements set by ISSSG during 2024 and 2025.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-704": {
"value": "Credit related commitments and financial guarantees. The primary purpose of these instruments is to ensure that funds are available to a customer as required. Financial guarantees and standby letters of credit, which represent the irrevocable assurances that the Group will make payments in the event that a customer cannot meet its obligations to third parties, carry the same credit risk as loans. Documentary and commercial letters of credit, that are underwritten by the Group on behalf of a customer authorizing a third party to draw drafts on the Group up to a stipulated amount under specific terms and conditions, are collateralized by the underlying shipments of goods to which they relate or cash deposits and therefore carry less risk than a direct borrowing. Commitments to extend credit represent unused portions of authorisations to prolong credit in the form of loans, guarantees or letters of credit. With respect to credit risk on commitments to extend credit, the Group is potentially exposed to a loss in an amount equal to the total unused commitments.
However, the likely amount of loss is lower than the total unused commitments since most commitments to extend credit are contingent upon customers maintaining specific credit standards. The Group monitors the term to maturity of credit related commitments because longer-term commitments generally have a greater degree of credit risk than shorter-term ones. As of 31 December 2025, outstanding credit related commitments presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Undrawn credit lines 728,693 13,408 5,367 Letters of credit issued 149,331 952 - Financial guarantees issued 519,839 8,950 116 Total credit related commitments before ECL 1,397,863 23,310 5,483 Credit loss allowance for credit related commitments Undrawn credit lines (1,677) (145) - Letters of credit issued (178) (1) - Financial guarantees issued (668) - (14) Credit loss allowance for credit related commitments (2,523) (146) (14) As of 31 December 2024, outstanding credit related commitments presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Undrawn credit lines 587,473 22,296 5,422 Letters of credit issued 244,147 - - Financial guarantees issued 558,990 2,001 73 Total credit related commitments before ECL 1,390,610 24,297 5,495 Credit loss allowance for credit related commitments Undrawn credit lines (1,662) (146) - Letters of credit issued (327) - - Financial guarantees issued (762) - - Credit loss allowance for credit related commitments (2,751) (146) -
The credit quality of contingencies and commitments is as follows at 31 December 2025: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Undrawn credit lines risk category - Very low 680,949 1,862 238 683,049 - Low 40,685 6,518 79 47,282 - Moderate 7,035 3,548 62 10,645 - High 24 1,480 58 1,562 - Default - - 4,930 4,930 Carrying amount 728,693 13,408 5,367 747,468 Credit loss allowance (1,677) (145) - (1,822) Letters of credit issued risk category - Very low 149,331 - - 149,331 - Low - - - - - Moderate - 952 - 952 - High - - - - - Default - - - - Carrying amount 149,331 952 - 150,283 Credit loss allowance (178) (1) - (179) Financial guarantees issued risk category - Very low 516,437 - - 516,437 - Low 2,974 8,655 - 11,629 - Moderate 428 245 - 673 - High - 50 - 50 - Default - - 116 116 Carrying amount 519,839 8,950 116 528,905 Credit loss allowance (668) - (14) (682)
The credit quality of contingencies and commitments is as follows at 31 December 2024: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Undrawn credit lines risk category - Very low 545,410 890 - 546,300 - Low 37,283 15,650 - 52,933 - Moderate 4,779 4,811 - 9,590 - High 1 945 - 946 - Default - - 5,422 5,422 Carrying amount 587,473 22,296 5,422 615,191 Credit loss allowance (1,662) (146) - (1,808) Letters of credit issued risk category - Very low 244,147 - - 244,147 - Low - - - - - Moderate - - - - - High - - - - - Default - - - - Carrying amount 244,147 - - 244,147 Credit loss allowance (327) - - (327) Financial guarantees issued risk category - Very low 558,463 - - 558,463 - Low 406 1,735 - 2,141 - Moderate 121 266 - 387 - High - - - - - Default - - 73 73 Carrying amount 558,990 2,001 73 561,064 Credit loss allowance (762) - - (762)
The total outstanding contractual amount of undrawn credit lines, letters of credit, and guarantees does not necessarily represent future cash requirements, as these financial instruments may expire or terminate without being funded. Non- cancellable commitments as of 31 December 2025 were GEL 290,536 thousand (2024: GEL 234,369 thousand). Performance guarantees. Performance guarantees are contracts that provide compensation in case of another party fails to perform a contractual obligation. As of 31 December 2025, outstanding performance guarantees presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Outstanding amount 1,802,410 47,492 3,264 Credit loss allowance (2,294) (971) (327) As of 31 December 2024, outstanding performance guarantees presented by stages are as follows: In thousands of GEL Stage 1 Stage 2 Stage 3 Outstanding amount 1,968,360 18,617 4,143 Credit loss allowance (2,705) (9) (2,389) The credit quality of performance guarantees is as follows at 31 December 2025: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Performance guarantees risk category - Very low 1,795,024 - - 1,795,024 - Low 6,448 24,149 - 30,597 - Moderate 938 23,196 - 24,134 - High - 147 - 147 - Default - - 3,264 3,264 Carrying amount 1,802,410 47,492 3,264 1,853,166 Credit loss allowance (2,294) (971) (327) (3,592)
The credit quality of performance guarantees is as follows at 31 December 2024: In thousands of GEL Stage 1 Stage 2 Stage 3 Total Performance guarantees risk category - Very low 1,957,824 - - 1,957,824 - Low 9,237 13,754 - 22,991 - Moderate 1,299 4,838 - 6,137 - High - 25 - 25 - Default - - 4,143 4,143 Carrying amount 1,968,360 18,617 4,143 1,991,120 Credit loss allowance (2,705) (9) (2,389) (5,103) Fair value of credit related commitments was GEL 2,683 thousand as of 31 December 2025 (2024: GEL 2,897 thousand). Total credit related commitments and performance guarantees are denominated in currencies as follows: In thousands of GEL 2025 2024 GEL 1,566,679 1,736,716 USD 1,001,537 1,025,856 EUR 442,030 546,678 Other 269,576 102,272 Total 3,279,822 3,411,522 Capital expenditure commitments. As of 31 December 2025, the Group has contractual capital expenditure commitments amounting to GEL 188,502 thousand (2024: GEL 128,055 thousand). Out of total amount as at 31 December 2025, contractual commitments related to the head office construction amounted GEL 80,005 thousand (2024: GEL 50,414 thousand).
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-705": {
"value": "42. Fair Value Disclosures (a) Fair value hierarchy Fair values of financial instruments are determined to a hierarchy that reflects the observability of significant market inputs. The three levels of the fair value hierarchy are defined as following: Level 1 - Financial instruments if their value is observable in an active market. Level 2 - Financial instruments with quoted prices for similar instruments in active markets valued using models with significant observable inputs are classified as level 2. Level 3 - Financial instruments valued using valuation techniques with significant inputs that are not based on
observable market data. (b) Fair values of financial instruments carried at fair value Recurring fair value measurements are those that the accounting standards require or permit in the statement of financial position at the end of each reporting period. The level in the fair value hierarchy into which the recurring fair value measurements are categorised as follows: 31 December 2025 31 December 2024 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Level 1 Level 2 Level 3 Total fair value Financial assets carried at fair value Investment securities measured at FVTOCI Corporate bonds 5,592 1,886,521 - 1,892,113 68,280 1,247,354 - 1,315,634 Foreign government treasury bills 1,101,804 - - 1,101,804 1,395,638 - - 1,395,638 Certificates of Deposits of NBG - 9,893 - 9,893 - - - - Ministry of Finance of Georgia treasury bills - 2,730,532 - 2,730,532 - 2,652,100 - 2,652,100 Repurchase receivables - 101,648 - 101,648 140,058 - - 140,058 Corporate shares - 921 236 1,157 - 997 255 1,252 Financial assets measured at FVTPL Derivative financial assets - 43,746 - 43,746 - 156,598 - 156,598 Investment securities measured at FVTPL - - 23,859 23,859 - - - - Total assets recurring fair value measurements 1,107,396 4,773,261 24,095 5,904,752 1,603,976 4,057,049 255 5,661,280 Financial liabilities carried at fair value Derivative financial liabilities - 138,251 - 138,251 - 92,182 - 92,182 Total liabilities recurring fair value measurements - 138,251 - 138,251 - 92,182 - 92,182
(c) Level 3 fair value measurements (i) Movements in Level 3 financial instruments There were no transfers between levels 1, 2 and 3 during the year ended 31 December 2025 (2024: none). (ii) Significant unobservable inputs to Level 3 financial instruments The description of the valuation technique and the description of inputs used in the fair value measurement for level 3 measurements: Valuation technique Significant unobservable inputs 2025 Range 2024 Range Units Min Max Min Max Assets carried at fair value - Corporate shares Asset-based approach Book value per share 1.00 33.00 1.00 33.00 GEL - Investment securities measured at FVTPL Discounted cash flow model Fair value per share 1.021 1.025 - - GEL Investments classified at FVTPL represent TBC Leasing JSC\u2019s investments in investment funds. The fair value of these investments is determined based on the market value of the respective funds\u2019 net asset values. These investment funds manage portfolios of underlying assets, and the fair value attributable per share held is used to determine the fair value of the investment in each respective fund. There were no changes in the valuation technique for the level 2 and level 3 recurring fair value measurements during the year ended 31 December 2025 (2024: none).
(d) Assets and liabilities not measured at fair value but for which fair value is disclosed Fair values analysed by level in the fair value hierarchy and carrying value of assets not measured at fair value are as follows: 31 December 2025 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Carrying value Financial assets Cash and cash equivalents 897,946 1,465,637 - 2,363,583 2,363,583 Reverse repurchase receivables - 184,979 - 184,979 184,979 Due from other banks - 143,150 - 143,150 143,150 Mandatory cash balances with NBG - 2,357,950 - 2,357,950 2,357,950 Loans and advances to customers: - Corporate loans - - 11,241,496 11,241,496 11,266,091 - Consumer loans - - 6,073,007 6,073,007 5,955,668 - Mortgage loans - - 5,203,132 5,203,132 5,346,854 - Loans to micro, small and medium enterprises - - 6,157,464 6,157,464 6,153,734 Bonds carried at amortised cost 39 495,630 - 495,669 492,192 Finance lease receivables - - 843,678 843,678 842,436 Other financial assets - 349,167 - 349,167 349,167 Non-financial assets Investment properties, at cost - - 18,373 18,373 11,430 Total assets (excluding assets with no fair value hierarchy) 897,985 4,996,513 29,537,150 35,431,648 35,467,234 Financial liabilities Customer accounts - 14,042,539 11,619,776 25,662,315 25,660,058 Debt securities in issue - 1,027,991 - 1,027,991 1,007,573 Due to credit institutions - - 7,373,617 7,373,617 7,373,628 Other financial and lease liabilities - 661,704 - 661,704 661,703 Subordinated debt - - 908,639 908,639 910,299 Additional Tier 1 capital subordinated notes 1,090,446 - - 1,090,446 1,020,473 Total liabilities (excluding liability with no fair value hierarchy) 1,090,446 15,732,234 19,902,032 36,724,712 36,633,734 Performance guarantees - - 3,592 3,592 3,592 Financial guarantees - - 682 682 682 Credit related commitments - - 2,001 2,001 2,001 Total credit related commitments and performance guarantees - - 6,275 6,275 6,275
31 December 2024 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Carrying value Financial assets Cash and cash equivalents 862,343 2,185,058 - 3,047,401 3,047,401 Reverse repurchase receivables - - - - - Due from other banks - 45,498 - 45,498 45,498 Mandatory cash balances with NBG - 2,576,731 - 2,576,731 2,576,731 Loans and advances to customers: - Corporate loans - - 9,691,963 9,691,963 9,794,792 - Consumer loans - - 5,075,473 5,075,473 4,954,861 - Mortgage loans - - 5,005,377 5,005,377 5,098,976 - Loans to micro, small and medium enterprises - - 5,860,017 5,860,017 5,835,169 Bonds carried at amortised cost 14,128 156,291 - 170,419 173,852 Finance lease receivables - - 692,149 692,149 612,320 Other financial assets - 279,976 - 279,976 279,976 Non-financial assets Investment properties, at cost - - 17,135 17,135 9,752 Total assets (excluding assets with no fair value hierarchy) 876,471 5,243,554 26,342,114 32,462,139 32,429,328 Financial liabilities Customer accounts - 12,952,215 9,826,927 22,779,142 22,863,833 Debt securities in issue - 447,449 - 447,449 448,064 Due to credit institutions - - 7,630,517 7,630,517 7,630,850 Other financial and lease liabilities - 491,924 - 491,924 491,924 Subordinated debt - - 1,140,070 1,140,070 1,148,374 Additional Tier 1 capital subordinated notes 1,072,019 - - 1,072,019 1,062,119 Total liabilities (excluding liability with no fair value hierarchy) 1,072,019 13,891,588 18,597,514 33,561,121 33,645,164 Performance guarantees - - 5,103 5,103 5,103 Financial guarantees - - 762 762 762 Credit related commitments - - 2,135 2,135 2,135 Total credit related commitments and performance guarantees - - 8,000 8,000 8,000
The carrying amounts of cash and cash equivalents, due from other banks, bonds carried at amortised cost, other financial assets and liabilities, subordinated debt, and credit related commitments and performance guarantees are a reasonable approximation of fair value as they are short-term in nature or reprice to current market rates frequently. The fair values in the level 2 and level 3 of the fair value hierarchy were estimated using the discounted cash flows valuation technique. The fair value of unquoted fixed interest rate instruments was calculated based on estimated future cash flows expected to be received discounted at current interest rates for new instruments with similar credit risk and remaining maturity. The fair value of investment properties was estimated using market comparatives. Amounts due to credit institutions were discounted at the Group\u2019s own incremental borrowing rate. Liabilities due on demand were discounted from the first date that the Group could be required to pay the amount. There were no changes in the valuation technique for the level 2 and level 3 measurements of assets and liabilities not measured at fair values in the year ended 31 December 2025 (2024: none). Debt securities in issue as reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, are classified as level 2 financial instruments, with a carrying amount of GEL 698,697 thousand and the fair value of GEL 719,475 thousand (31 December 2024: classified as level 2 with a carrying amount of GEL 303,674 thousand and the fair value of GEL 298,615 thousand). Loans to subsidiaries, as reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, are classified as level 3 financial instruments, with a carrying amount of GEL 588,292 thousand, which is considered a reasonable approximation of fair value (31 December 2024: classified as level 3 with a carrying amount of
GEL 150,305 thousand)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-706": {
"value": "42. Fair Value Disclosures (a) Fair value hierarchy Fair values of financial instruments are determined to a hierarchy that reflects the observability of significant market inputs. The three levels of the fair value hierarchy are defined as following: Level 1 - Financial instruments if their value is observable in an active market. Level 2 - Financial instruments with quoted prices for similar instruments in active markets valued using models with significant observable inputs are classified as level 2. Level 3 - Financial instruments valued using valuation techniques with significant inputs that are not based on
observable market data(b) Fair values of financial instruments carried at fair value Recurring fair value measurements are those that the accounting standards require or permit in the statement of financial position at the end of each reporting period. The level in the fair value hierarchy into which the recurring fair value measurements are categorised as follows: 31 December 2025 31 December 2024 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Level 1 Level 2 Level 3 Total fair value Financial assets carried at fair value Investment securities measured at FVTOCI Corporate bonds 5,592 1,886,521 - 1,892,113 68,280 1,247,354 - 1,315,634 Foreign government treasury bills 1,101,804 - - 1,101,804 1,395,638 - - 1,395,638 Certificates of Deposits of NBG - 9,893 - 9,893 - - - - Ministry of Finance of Georgia treasury bills - 2,730,532 - 2,730,532 - 2,652,100 - 2,652,100 Repurchase receivables - 101,648 - 101,648 140,058 - - 140,058 Corporate shares - 921 236 1,157 - 997 255 1,252 Financial assets measured at FVTPL Derivative financial assets - 43,746 - 43,746 - 156,598 - 156,598 Investment securities measured at FVTPL - - 23,859 23,859 - - - - Total assets recurring fair value measurements 1,107,396 4,773,261 24,095 5,904,752 1,603,976 4,057,049 255 5,661,280 Financial liabilities carried at fair value Derivative financial liabilities - 138,251 - 138,251 - 92,182 - 92,182 Total liabilities recurring fair value measurements - 138,251 - 138,251 - 92,182 - 92,182
(c) Level 3 fair value measurements (i) Movements in Level 3 financial instruments There were no transfers between levels 1, 2 and 3 during the year ended 31 December 2025 (2024: none). (ii) Significant unobservable inputs to Level 3 financial instruments The description of the valuation technique and the description of inputs used in the fair value measurement for level 3 measurements: Valuation technique Significant unobservable inputs 2025 Range 2024 Range Units Min Max Min Max Assets carried at fair value - Corporate shares Asset-based approach Book value per share 1.00 33.00 1.00 33.00 GEL - Investment securities measured at FVTPL Discounted cash flow model Fair value per share 1.021 1.025 - - GEL Investments classified at FVTPL represent TBC Leasing JSC\u2019s investments in investment funds. The fair value of these investments is determined based on the market value of the respective funds\u2019 net asset values. These investment funds manage portfolios of underlying assets, and the fair value attributable per share held is used to determine the fair value of the investment in each respective fund. There were no changes in the valuation technique for the level 2 and level 3 recurring fair value measurements during the year ended 31 December 2025 (2024: none).
(d) Assets and liabilities not measured at fair value but for which fair value is disclosed Fair values analysed by level in the fair value hierarchy and carrying value of assets not measured at fair value are as follows: 31 December 2025 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Carrying value Financial assets Cash and cash equivalents 897,946 1,465,637 - 2,363,583 2,363,583 Reverse repurchase receivables - 184,979 - 184,979 184,979 Due from other banks - 143,150 - 143,150 143,150 Mandatory cash balances with NBG - 2,357,950 - 2,357,950 2,357,950 Loans and advances to customers: - Corporate loans - - 11,241,496 11,241,496 11,266,091 - Consumer loans - - 6,073,007 6,073,007 5,955,668 - Mortgage loans - - 5,203,132 5,203,132 5,346,854 - Loans to micro, small and medium enterprises - - 6,157,464 6,157,464 6,153,734 Bonds carried at amortised cost 39 495,630 - 495,669 492,192 Finance lease receivables - - 843,678 843,678 842,436 Other financial assets - 349,167 - 349,167 349,167 Non-financial assets Investment properties, at cost - - 18,373 18,373 11,430 Total assets (excluding assets with no fair value hierarchy) 897,985 4,996,513 29,537,150 35,431,648 35,467,234 Financial liabilities Customer accounts - 14,042,539 11,619,776 25,662,315 25,660,058 Debt securities in issue - 1,027,991 - 1,027,991 1,007,573 Due to credit institutions - - 7,373,617 7,373,617 7,373,628 Other financial and lease liabilities - 661,704 - 661,704 661,703 Subordinated debt - - 908,639 908,639 910,299 Additional Tier 1 capital subordinated notes 1,090,446 - - 1,090,446 1,020,473 Total liabilities (excluding liability with no fair value hierarchy) 1,090,446 15,732,234 19,902,032 36,724,712 36,633,734 Performance guarantees - - 3,592 3,592 3,592 Financial guarantees - - 682 682 682 Credit related commitments - - 2,001 2,001 2,001 Total credit related commitments and performance guarantees - - 6,275 6,275 6,275
31 December 2024 In thousands of GEL Level 1 Level 2 Level 3 Total fair value Carrying value Financial assets Cash and cash equivalents 862,343 2,185,058 - 3,047,401 3,047,401 Reverse repurchase receivables - - - - - Due from other banks - 45,498 - 45,498 45,498 Mandatory cash balances with NBG - 2,576,731 - 2,576,731 2,576,731 Loans and advances to customers: - Corporate loans - - 9,691,963 9,691,963 9,794,792 - Consumer loans - - 5,075,473 5,075,473 4,954,861 - Mortgage loans - - 5,005,377 5,005,377 5,098,976 - Loans to micro, small and medium enterprises - - 5,860,017 5,860,017 5,835,169 Bonds carried at amortised cost 14,128 156,291 - 170,419 173,852 Finance lease receivables - - 692,149 692,149 612,320 Other financial assets - 279,976 - 279,976 279,976 Non-financial assets Investment properties, at cost - - 17,135 17,135 9,752 Total assets (excluding assets with no fair value hierarchy) 876,471 5,243,554 26,342,114 32,462,139 32,429,328 Financial liabilities Customer accounts - 12,952,215 9,826,927 22,779,142 22,863,833 Debt securities in issue - 447,449 - 447,449 448,064 Due to credit institutions - - 7,630,517 7,630,517 7,630,850 Other financial and lease liabilities - 491,924 - 491,924 491,924 Subordinated debt - - 1,140,070 1,140,070 1,148,374 Additional Tier 1 capital subordinated notes 1,072,019 - - 1,072,019 1,062,119 Total liabilities (excluding liability with no fair value hierarchy) 1,072,019 13,891,588 18,597,514 33,561,121 33,645,164 Performance guarantees - - 5,103 5,103 5,103 Financial guarantees - - 762 762 762 Credit related commitments - - 2,135 2,135 2,135 Total credit related commitments and performance guarantees - - 8,000 8,000 8,000
The carrying amounts of cash and cash equivalents, due from other banks, bonds carried at amortised cost, other financial assets and liabilities, subordinated debt, and credit related commitments and performance guarantees are a reasonable approximation of fair value as they are short-term in nature or reprice to current market rates frequently. The fair values in the level 2 and level 3 of the fair value hierarchy were estimated using the discounted cash flows valuation technique. The fair value of unquoted fixed interest rate instruments was calculated based on estimated future cash flows expected to be received discounted at current interest rates for new instruments with similar credit risk and remaining maturity. The fair value of investment properties was estimated using market comparatives. Amounts due to credit institutions were discounted at the Group\u2019s own incremental borrowing rate. Liabilities due on demand were discounted from the first date that the Group could be required to pay the amount. There were no changes in the valuation technique for the level 2 and level 3 measurements of assets and liabilities not measured at fair values in the year ended 31 December 2025 (2024: none). Debt securities in issue as reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, are classified as level 2 financial instruments, with a carrying amount of GEL 698,697 thousand and the fair value of GEL 719,475 thousand (31 December 2024: classified as level 2 with a carrying amount of GEL 303,674 thousand and the fair value of GEL 298,615 thousand). Loans to subsidiaries, as reported in the separate statement of financial position of TBC Bank Group PLC as of 31 December 2025, are classified as level 3 financial instruments, with a carrying amount of GEL 588,292 thousand, which is considered a reasonable approximation of fair value (31 December 2024: classified as level 3 with a carrying amount of
GEL 150,305 thousand). 43. Presentation of Financial Instruments by Measurement Category The following table provides a reconciliation of classes of financial assets with these measurement categories as of 31 December 2025: In thousands of GEL Amortised cost FVTOCI FVTPL Total Assets Cash and cash equivalents 2,363,583 - - 2,363,583 Reverse repurchase receivables 184,979 - - 184,979 Due from other banks 143,150 - - 143,150 Mandatory cash balances with NBG 2,357,950 - - 2,357,950 Loans and advances to customers 28,722,347 - - 28,722,347 Investment securities 492,192 5,735,499 23,859 6,251,550 Repurchase receivables - 101,648 - 101,648 Other financial assets 349,167 - 43,746 392,913 Total financial assets subject to IFRS 9 measurement categories 34,613,368 5,837,147 67,605 40,518,120 Finance lease receivables - - - 842,436 Non-financial assets - - - 2,579,933 Total assets 34,613,368 5,837,147 67,605 43,940,489 The following table provides a reconciliation of classes of financial assets with these measurement categories as of 31 December 2024: In thousands of GEL Amortised cost FVTOCI FVTPL Total Assets Cash and cash equivalents 3,047,401 - - 3,047,401 Due from other banks 45,498 - - 45,498 Mandatory cash balances with NBG 2,576,731 - - 2,576,731 Loans and advances to customers 25,683,798 - - 25,683,798 Investment securities 173,852 5,364,624 - 5,538,476 Repurchase receivables - 140,058 - 140,058 Other financial assets 279,976 - 156,598 436,574 Total financial assets subject to IFRS 9 measurement categories 31,807,256 5,504,682 156,598 37,468,536 Finance lease receivables - - - 612,320 Non-financial assets - - - 2,079,610 Total assets 31,807,256 5,504,682 156,598 40,160,466 For the measurement purposes, IFRS 9, classifies financial assets into the categories discussed in Note 2. As of 31 December 2025, and 2024 all of the Group\u2019s financial liabilities except for derivatives are carried at amortised cost. Derivatives belong to the assets fair value through profit or loss measurement category under IFRS 9.
44. Related Party Transactions Pursuant to IAS 24 \u201cRelated Party Disclosures\u201d, parties are generally considered to be related if the parties are under common control or one party has the ability to control the other or it can exercise significant influence over the other party in taking financial or operational decisions. In considering each possible related party relationship, attention is directed to the substance of the relationship, not merely the legal form: \u2022 The key management personnel include members of TBCG\u2019s Board of Directors and the Management Board of the Bank. \u2022 Other related parties include close family members such as spouses, children, parents, and siblings of key management personnel and Entities significantly controlled or owned by key management personnel or their close family members. Transactions between TBC Bank Group PLC and its subsidiaries also meet the definition of related party transactions. As at 31 December 2025 and 2024 the Group\u2019s outstanding balances with related parties were as follows: In thousands of GEL Contractual interest rate Key management personnel Other related parties Associates 2025 Gross amount of loans and advances to customers 4.8%-33.0% 1,961 1,907 - Customer accounts 0%-13.1% 10,715 34,459 8,145 2024 Gross amount of loans and advances to customers 4.8%-36.0% 826 1,759 - Customer accounts 0%-12.2% 14,064 40,185 5,798 The Group\u2019s income and expense items with related parties except from key management compensation for the years 2025 and 2024 were as follows: In thousands of GEL Key management personnel Other related parties Associates 2025 Interest income - loans and advances to customers 39 118 - Interest expense 641 1,407 493 Fee and commission income 21 43 3 Administrative and other operating expenses (excluding staff costs) 2,012 - - 2024 Interest income - loans and advances to customers 344 115 - Interest expense 475 835 248 Fee and commission income 17 72 4 Administrative and other operating expenses (excluding staff costs) 2,312 - -
The aggregate loan amounts disbursed to and repaid by related parties during 2025 and 2024 were as follows: In thousands of GEL Key management personnel Other related parties 2025 Amounts disbursed to related parties during the year 2,369 2,437 Amounts repaid by related parties during the year (1,227) (2,357) 2024 Amounts disbursed to related parties during the year 2,505 1,662 Amounts repaid by related parties during the year (7,635) (1,722) As of 31 December 2025, and 2024 transactions and balances of TBC Bank Group PLC with subsidiaries were as follows: In thousands of GEL Contractual interest rate Carrying amount 2025 Cash and cash equivalents - 110,430 Loans issued* 8%-24.50% 588,292 Investment in subsidiaries - 2,560,085 Other financial assets - 97,214 Foreign exchange forward contracts liability - 35,625 2024 Cash and cash equivalents - 66,882 Loans issued* 8.25%- 24.50% 150,305 Investment in subsidiaries - 2,374,388 Other financial assets - 769 Foreign exchange forward contracts liability - 2,860 *Loans issued represent short term intragroup obligation in USD, all of which is classified at stage 1 with no ECL for the separate statement of financial position. The income and expense items for TBC Bank Group PLC with subsidiaries except from key management compensation for the years 2025 and 2024 were as follows: In thousands of GEL 2025 2024 Interest income 82,767 15,862 Interest expense 19,347 1,279 Fee and commission expense 15 15 Dividend income 827,601 582,770 Professional Expenses 10,178 2,850 Net losses from currency derivatives, foreign currency operations and translation 18,657 11,837
The movement of investment in subsidiary for separate TBC Bank Group PLC for the year 2025 was as follow: In thousands of GEL 1 January 2025 Considerations for investments in subsidiaries Capital injections Reorganisation of Uzbekistan operations 31 December 2025 JSC TBC Bank 1,452,451 - - - 1,452,451 JSC Space 130,503 - 28,500 - 159,003 T Net LLC 87,691 - 11,063 - 98,754 TBC Group support LLC 19,037 - 9,500 - 28,537 TBC Insurance JSC 7,823 - - - 7,823 TBC International Holding Limited 16,903 - 6,887 - 23,790 Marjanishvili 7 LLC 244 - - - 244 TBC Digital JSC* 41 98,100 - 635,280 733,421 Payme JSC 241,421 - - (241,421) - JSCB TBC Bank 388,569 - - (388,569) - Shoppe Group LLC - 18,998 5,426 - 24,424 Investment in subsidiaries 2,344,683 117,098 61,376 5,290 2,528,447 *In May 2025 the Group completed the reorganisation of the structure of Uzbekistan operations. For more details refer to the note 26. The movement of investments in subsidiary for separate TBC Bank Group PLC for the year 2024 was as follow: In thousands of GEL 1 January 2024 Considerations for investments in subsidiaries Capital injections Purchase of additional interest from minority shareholders 31 December 2024 JSC TBC Bank 1,452,451 - - - 1,452,451 Payme JSC 240,360 - 1,061 - 241,421 JSCB TBC Bank 217,749 - 170,820 - 388,569 JSC Space 84,503 - 46,000 - 130,503 T Net LLC 75,142 - 12,549 - 87,691 TBC Group support LLC 8,200 - 10,837 - 19,037 TBC Insurance JSC 7,823 - - - 7,823 TBC International Holding Limited 1,629 - 15,274 - 16,903 Marjanishvili 7 LLC 244 - - - 244 TBC Digital JSC - - 41 - 41 Investment in subsidiaries 2,088,101 - 256,582 - 2,344,683
The compensation of the TBCG Board of Directors and the Bank\u2019s Management Board is presented below: In thousands of GEL 2025 2024 Salaries and short-term bonuses 19,053 18,974 Equity-settled share-based compensation 28,214 21,736 Total 47,267 40,710 Included In salaries and bonuses for 2025, GEL 4,874 thousand (2024: GEL 4,411 thousand) relates to compensation for TBC Bank Group PLC\u2019s non-executive directors (2025: 9 persons, 2024: 8 persons). For 2025, GEL 2,573 thousand (2024: GEL 2,386 thousand) relates to salary expense of non-executive directors for standalone TBC Bank Group PLC. Details of the director\u2019s remuneration are discussed in the remuneration committee report.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
},
"reg-ix-709": {
"value": "45. Events After Reporting Period On February 19, 2026, TBC Bank Group PLC\u2019s board of directors declared 2025 final dividend of GEL 3.87 per share payable in cash (total GEL 213,062 thousand). The record date will be on 22 May 2026, while dividend will be paid on 22 June 2026.
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:213800T6NS9N2WQ3B328",
"period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
}
}
}
}