The study of financial instruments, based on international standards, showed us: That the role and importance of financial instruments is paramount to the proper functioning of a country's economy. Accordingly, commercial banks record financial instruments in accordance with international standards. With the transition from IAS 39 to IFRS 9, TBC Bank has changed its methods of recognizing and valuing financial instruments; As a result of adopting IFRS 9, TBC Bank reduced its credit loss as its valuation methods changed; TBC Bank, in accordance with international standards, always determines the expected credit loss. Constantly monitors loans and reclassifies them if necessary. The loan is assessed as modified. Differences caused by the modification are reflected in profit or loss. In 2020, the loss of net modification of financial instruments amounted to GEL 41.0 million. As a result of the transition to the new standard in TBC Bank, the total amount of reserves increased by 63,600 thousand GE. In the conditions of the pandemic, amendments were made to IFRS-9. Which is due to changes in benchmark interest rates such as LIBOR and other interbank offered rates. The Board of Directors also decided not to recommend a dividend On March 20, 2020, TBC Leasing, with the assistance of TBC Capital, placed secured bonds in the amount of GEL 58.4 million on the Georgian Stock Exchange. In our opinion, according to IFRS 9, special attention should be paid to forecast information when assessing credit risks. In particular, the assessment of expected credit losses should take into account expected trends in the macroeconomic and financial environment and local and global risks. This will facilitate the timely recording of credit risks and thus have a positive impact on financial stability.