According to its earning preview of today TPB had an excellent year 2021 despite the ongoing pandemic. ROE 22.61%. TPB’s capital adequacy ratio (CAR) is at 14% which allows the bank to build on future growth (SBV has set a minimum CAR at 8%). Bank’s balance sheet grew 42% and net earnings 38%.
TPB has started to digitize its services early. This is clearly bearing fruit now and will keep the bank very competitive for years to come. In 2017, the bank had 1.7 million customers, and in 2021 the number of customers exceeded 5 million.