Who we are?

TBC Kredit is a non-banking credit organization successfully functioning in Azerbaijan since 1999. The company has a big experience of working with various kinds of loans. TBC Kredit was the first company in Azerbaijan to commence giving mortgage loans.

TBC Kredit began its activity in Azerbaijan within the framework of program for the development of enterprises of small and medium businesses carried out under the aegis of the United States Agency for International Development (USAID). In February 2000 the organization got the license from the National Bank of Azerbaijan.

Starting from 2004 TBC Kredit has effectively cooperated with the Overseas Private Investment Corporation (OPIC) and currently OPIC has given 10 millions dollars credit to the company for the period of 15 years. In addition to this TBC Kredit effectively develops cooperation with the European Bank for Reconstruction and Development (EBRD), which has allocated the first credit line at the rate of 2 millions dollars.

Till the end of 2007, Enclude (former Shore Ovearses Azerbaijan), a member of the Triodos Ventures, USA group of international companies was the only founder of TBC Kredit. In December 2007, an agreement about purchasing 75% of the company by the leading Georgian bank TBC Bank by means of additional investments at the rate of 7 millions 500 thousand dollars to the general capital of the company was reached. Thus, now the authorized capital stock of TBC Kredit is 10 millions dollars.

The company offers a wide spectrum of credit products:

  • Consumer loans
  • Mortgage loans
  • Business loans

The stability of business of TBC Kredit Company, first of all, results from a high level of client servicing. Professionalism, quality and efficiency are the principal criteria on which the company representatives’ work is guided by.

The main principle of the company is mutual trust. The advantage of the company is knowledge and understanding of clients’ needs. TBC Kredit directs every effort to make cooperation with every client effective and mutually beneficial.