late 2007. The company was formerly known as SOA Kredit, a non-banking credit organization operating in the Micro and SME (MSME) financial services market in Azerbaijan since 1999. TBC Invest Established in the beginning of 2011, TBC Invest is a wholly owned subsidiary of JSC TBC Bank. It operates in the Israeli market serving as an intermediary between Israeli clients and TBC Bank. My.GE TBC Bank acquired a majority stake in a Georgian e-commerce platform known as My.GE in August 2019. TBC Insurance In 2016 TBC Group acquired insurance company Kopenbur and established a new company, TBC Insurance. Social Responsibility As part of the Bank's social responsibility projects, TBC Bank founded TBC Fund to help victims of the 2008 war in Georgia. The Bank established TBC Fund with GEL 5 million and, shortly after, raised an additional GEL 3 million for its programs. TBC Bank also co-founded the annual literature award, SABA, aimed at rewarding the best literature works of the year since 2003. References Banks of Georgia (country) Companies based in Tbilisi Banks established in 1992 1992 establishments in Georgia (country) Companies listed on the London Stock Exchange