Georgia's TBC Bank pushes on, could be helped by Ukraine crisis

Georgian lender TBC Bank this week shrugged off fears about the crisis in Ukraine spreading, as it launched an IPO that could be a pathfinder for companies looking to move past the volatility in the region and for Georgia’s stalling privatisation plan. The deal could even be helped by trouble in Ukraine and Russia as EM funds look to reallocate cash into safer markets in central and eastern Europe, said bankers close to it.