Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Banking > GEORGIA’S TBC BANK SLASHES LOAN DECISION TIME WITH FICO SOLUTION

GEORGIA’S TBC BANK SLASHES LOAN DECISION TIME WITH FICO SOLUTION

Published by Gbaf News

Posted on October 11, 2016

4 min read

Last updated: January 22, 2026

Queen Camilla speaking at the Holocaust remembrance event, emphasizing 'Never Forget' - Global Banking & Finance Review — Queen Camilla delivers a poignant speech at a Holocaust remembrance event, highlighting the significance of 'Never Forget' and the need to combat anti-Semitism and discrimination.

HIGHLIGHTS:

TBC Bank has deployed FICO^® Originations Manager to make lending decisions
The time needed to make credit decisions and disburse money has been cut from a day to 15 minutes
TBC Bank was named the Best Bank in Georgia for 2016 by Global Finance magazine

TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO^® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down from a day to 15 minutes.

“In today’s digital world, it’s very important to be agile and to reflect the changes in the market,” said Giorgi Alibegashvili, strategic project manager in TBC Bank. “FICO Origination Manager is giving us a competitive advantage, because we can develop and deploy new functionality very quickly. From changing workflows to plugging in new channels to deploying new strategies, we are moving much faster, which is definitely increasing customer satisfaction in our branches.”

TBC Bank, which serves over 1.7 million customers, wanted the most advanced technological partners to upgrade their IT infrastructure, but that’s not all. “During our selection process, the most important criteria for us were experience and trust,” Alibegashvili reported. “FICO is a highly trustworthy company and, along with their platform, they bring tremendous experience as a credit scoring pioneer.”

TBC Bank, has been Awarded “Best Bank in Georgia” for 12 of the last 14 years (24 awards in total) from various prestigious international publications such as Global Finance, Euromoney, Banker and EMEA Finance.

“TBC Bank is using advanced technology to pursue its goal of being the biggest bank in Georgia,” said Steve Hadaway, FICO’s general manager for Europe, the Middle East and Africa. “We are working closely with them to bring global best practices in banking to their operation, and help them provide superior customer service.”

FICO^® Originations Manager delivers the power to make more precise, value-based decisions at the origination stage, enabling credit grantors to grow more profitable portfolios while managing customer-level risk. Built on a platform using service-oriented architecture principles, it minimises IT dependence and ongoing maintenance requirements.

HIGHLIGHTS:

TBC Bank has deployed FICO^® Originations Manager to make lending decisions
The time needed to make credit decisions and disburse money has been cut from a day to 15 minutes
TBC Bank was named the Best Bank in Georgia for 2016 by Global Finance magazine

TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO^® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down from a day to 15 minutes.

“In today’s digital world, it’s very important to be agile and to reflect the changes in the market,” said Giorgi Alibegashvili, strategic project manager in TBC Bank. “FICO Origination Manager is giving us a competitive advantage, because we can develop and deploy new functionality very quickly. From changing workflows to plugging in new channels to deploying new strategies, we are moving much faster, which is definitely increasing customer satisfaction in our branches.”

TBC Bank, which serves over 1.7 million customers, wanted the most advanced technological partners to upgrade their IT infrastructure, but that’s not all. “During our selection process, the most important criteria for us were experience and trust,” Alibegashvili reported. “FICO is a highly trustworthy company and, along with their platform, they bring tremendous experience as a credit scoring pioneer.”

TBC Bank, has been Awarded “Best Bank in Georgia” for 12 of the last 14 years (24 awards in total) from various prestigious international publications such as Global Finance, Euromoney, Banker and EMEA Finance.

“TBC Bank is using advanced technology to pursue its goal of being the biggest bank in Georgia,” said Steve Hadaway, FICO’s general manager for Europe, the Middle East and Africa. “We are working closely with them to bring global best practices in banking to their operation, and help them provide superior customer service.”

FICO^® Originations Manager delivers the power to make more precise, value-based decisions at the origination stage, enabling credit grantors to grow more profitable portfolios while managing customer-level risk. Built on a platform using service-oriented architecture principles, it minimises IT dependence and ongoing maintenance requirements.