Today.Az » World news » Georgian bank to place shares on international stock exchange
05 December 2011 [18:30] - Today.Az
TBC-bank, one of the leaders of Georgian banking sector, plans to place its stocks on international stock exchanges next year. Securities will be placed on Warsaw or London stock exchange, said a bank representative to Trend on Monday.
This will happen, supposedly, in spring 2012. As a result of this operation TBC-bank expects a profit in the amount of $400-$450 million. So far, only Bank of Georgia has placed its securities on international stock exchanges. The stocks of bank were placed on the London stock exchange.
/Trend/
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