The National Bank of Georgia has initiated procedures to assess whether BasisBank’s potential acquisition of a 95.99% stake in Liberty Bank would be compatible with the competitive environment. The review concerns a potential concentration between two entities operating in the banking sector. Interested parties have been invited to submit their opinions on the proposed transaction by 23 July 2025.
National Bank of Georgia 2025-07-10
National Bank of Georgia opens competition review of BasisBank’s proposed acquisition of 95.99% of Liberty Bank
The National Bank of Georgia is assessing BasisBank's potential acquisition of a 95.99% stake in Liberty Bank for compatibility with the competitive environment. The review focuses on the potential concentration in the banking sector.