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.
2025-07-10National Bank of Georgia
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.