- London-listed Georgian lender TBC Bank Group posted an 18.8% rise in profit in the first half of the year thanks to an increase in the size of its loan book.

Net profit for the six months through June grew to GEL 258.3m, up 18.8% from a year earlier.

The bank's net interest margin slipped to 5.6%, down from 6.1%.

Gross loans and advances to customers rose 25.2% and the bank increased its market share to 38.5%, up 0.2%.

At 8:12am: [LON:TBCG] TBC Bank Group Plc share price was +27p at 1349p

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