TBC Bank, today announces that Badri Japaridze has been appointed as a Chairman of the Supervisory Board of Bank Constanta. Mr. Japaridze is a Founder Shareholder and Vice Chairman of the Supervisory Board of TBC Bank.
Bank Constanta focuses on the growing micro-finance segment of the Georgian banking sector. It is a wholly owned subsidiary of TBC Bank and all members of the Supervisory Board of Bank Constanta are also the members of TBC Bank Management or Supervisory Boards.
Mr. Japaridze will oversee the final stage of the integration of Bank Constanta into TBC Bank, which is expected to be completed in the First Quarter of 2015.