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TBC Bank Acquired Kopenbur Insurance Company

TBC Group has entered the insurance market of Georgia.

TBC Group has appointed a news conference at 13 o’clock on October 26, where TBC Bank director general Vakhtang Butskhrikidze will divulge the deal details.

Kopenbur insurance company launched operation on the Georgian market in late July 2014.

The company is oriented on auto insurance services.According to the second quarter report, Kopenbur premium portfolio made up 3.67 million GEL.