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Georgian Bank becomes principal shareholder of platform for online ticket purchase

Business Materials 5 July 2019 17:12 (UTC +04:00)

Baku, Azerbaijan, July 5

By Tamilla Mammadova - Trend:

Georgian TBC Bank Group PLC has increased its shares in TKT.GE, a platform for online ticket purchasing, from 26 percent to 55 percent, thus becoming its principal shareholder, Trend reports via georgiatoday.ge.

The initial 26 percent of the platform were bought by the Group a year ago.

At the meeting for mass media representatives at the TBC Headquarters, representatives of the TBC Bank Group and TKT.GE briefed them about the case.

“This is one of the strategic directions for the TBC Group, which is focusing on the simplification of life for clientele and making it easier to do business for entrepreneurs,” said CEO of TBC Bank Vakhtang Butskhrikidze. He went on to speak about the goals of the bank to enter two new markets – Azerbaijan and Uzbekistan, and to have 10 million customers by 2022.

“We have very ambitious plans and totally share interests with the TBC Group. Therefore, we believe that this cooperation will help us to carry out many more successful projects,” stated founder of the TKT.GE platform Levan Kiladze.

The online platform TKT.GE was launched in 2015 with the capital of 14,000 lari. Three years later, it had over 400,000 loyal customers. Currently, 80 percent of tickets in the country are sold via the online platform, while several years ago the figure barely exceeded 30 percent.

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