The European Bank for Reconstruction and Development (EBRD) was the first financial institution to enter into an agreement to join the “Letter of Credit Support Project.” Since then, TBC has worked on trade finance transactions with various international financial institutions and commercial banks, and has raised TF facilities from BSTDB, ADB and IFC.
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Mr. Japaridze graduated from the faculty of psychology of Tbilisi State University in 1982 (where he also acted as a lecturer between 1985 and 1995) and completed his executive course at London School of Economics and Political Sciences.
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Other international institutional investors, such as J.P. Morgan Chase Bank, N.A., London Branch ("JPMorgan") and Ashmore Cayman SPC No. 2 Ltd. ("Ashmore"), in aggregate hold 10% of the Bank’s shares.
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