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BasisBank Acquires Liberty Bank Shares in Georgia
Former Imedi owner Rukhadze has sold his shares in Liberty Bank to BasisBank. This acquisition means that Chinese-linked BasisBank has now acquired Georgia's Liberty Bank.
16 Apr, 10:03 — 16 Apr, 10:19
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Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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Geographic diversity— 1 region4/34
Georgia2
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oc-media13d ago
Chinese-linked Basisbank acquires Georgia’s Liberty Bank
The deal has spent a year in the making.
By Helena Bedwell
Read full article →civil-geMostly Factual13d ago
Ex-Imedi Owner Rukhadze Sells Liberty Bank Shares to BasisBank
BasisBank, owned by a Chinese Hualing Group, acquired Liberty Bank, Georgia’s third-largest bank, which has been co-owned by the ruling party-close businessman Irakli Rukhadze, the former owner of pro-government Imedi channel, which he sold shortly before it was sanctioned by the UK. The banks reported the completion of the transaction on April 16, stating that …
By Civil.ge
Read full article →Coverage Timeline
First report: oc-media · 16 Apr, 10:03|Full coverage: 2 · 16m|Window: 16m
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