Progress Bank (Tbilisi) Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 51

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

Progress Bank (Tbilisi) General Information

Description

Provider of banking services based in Tbilisi, Georgia. The company provides commercial and retail banking services, deposit services, loan services, internet banking, mobile banking, money transfer services for individual and corporate customers.

Contact Information

Website
www.progressbank.ge
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 8 North Baratashvili Street
  • Tbilisi, 0105
  • Georgia
Primary Industry
National Banks
Acquirer
TBC Bank Group
Corporate Office
  • 8 North Baratashvili Street
  • Tbilisi, 0105
  • Georgia

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Progress Bank (Tbilisi) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Progress Bank (Tbilisi) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Progress Bank (Tbilisi) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Progress Bank (Tbilisi) FAQs

  • When was Progress Bank (Tbilisi) founded?

    Progress Bank (Tbilisi) was founded in 2008.

  • Where is Progress Bank (Tbilisi) headquartered?

    Progress Bank (Tbilisi) is headquartered in Tbilisi, Georgia.

  • What is the size of Progress Bank (Tbilisi)?

    Progress Bank (Tbilisi) has 51 total employees.

  • What industry is Progress Bank (Tbilisi) in?

    Progress Bank (Tbilisi)’s primary industry is National Banks.

  • Is Progress Bank (Tbilisi) a private or public company?

    Progress Bank (Tbilisi) is a Private company.

  • What is Progress Bank (Tbilisi)’s current revenue?

    The current revenue for Progress Bank (Tbilisi) is .

  • How much funding has Progress Bank (Tbilisi) raised over time?

    Progress Bank (Tbilisi) has raised $737K.

  • Who are Progress Bank (Tbilisi)’s investors?

    Pintex Group has invested in Progress Bank (Tbilisi).

  • When was Progress Bank (Tbilisi) acquired?

    Progress Bank (Tbilisi) was acquired on 12-Sep-2016.

  • Who acquired Progress Bank (Tbilisi)?

    Progress Bank (Tbilisi) was acquired by TBC Bank Group.

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