The editorial staff of Global Finance, together with a jury panel composed of leading industry analysts and experts, reviewed both announced and completed deals by 2020 and identified the winning financial institutions according to the following criteria: market share, number and size of deals, service and advice, structuring capabilities, innovative approach, competitive pricing and market reputation.

"Worldwide, expectations for consolidation in large sectors are high. That is why investment banks will play a leading role in shaping the post-pandemic economy. Companies, as never before, now need investment banking specialists and their skills, which creates the necessary opportunities for the current situation. The Global Finance Award is a valuable guide to the new reality,” - said Joseph Giarraputo, the publisher and editorial director of Global Finance.

"TBC Capital is actively raising awareness about the capital market instruments and access to diversified funding sources for corporations. As a result, last year we issued bonds worth up to GEL 1 billion. It is noteworthy that during the crisis TBC Capital actively published researches in various directions which made it easier for our business partners to make decisions", said Giorgi Tkhelidze, Deputy Director General of TBC.

In 2020, with the help of TBC Capital, TBC Leasing placed GEL 58.4 million worth of bonds on the Stock Exchange, and the investment company Georgia Global Utilities (managing water supply and discharge and energy assets) placed US$ 250 million international green bonds on the Irish Stock Exchange. TBC Capital also successfully closed two private placements - totaling $ 25 million.

Parallel to the intensive investment activities, TBC Capital responded to the crisis in the very first days of the pandemic. The first webinar to assess the impact of COVID-19 on the economy took place in April. During the year, TBC Capital hosted six online conferences on expectations and possible scenarios related to various business sectors. In addition, TBC Capital continues to prepare weekly reports on the dynamics of economic recovery, which are an additional tool for companies to assess the current situation and better plan their activities.