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Tag Archives: liberty bank

Avto Namicheishvili and Eka Shavgulidze Leave Liberty Consumer

Changes take place at supervisory board of Liberty Consumer. By decision of Georgian Capital, the majority stakeholder of the company, Avtandil Namicheishvili and Eka Shavgulidze have left the board. The mentioned persons were replaced by Levan Dadiani and Zurab Nemsadze. Daviani has occupied the position of a chairman of the …

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Liberty Banks Shares about News within Social Responsibility Program

Liberty Bank has developed several simplified and comfortable conditions for pension recipients. In particular, from today, pensions will be available on any channel on 14th of each month. If 14 numbers happens to be the non-working day, consumers will get pensions with Liberty Bank ATMs. Also, any person receiving a …

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Fitch Affirms 4 Georgian Banks, Revises Outlook on TBC and BOG to Positive

Fitch Ratings has revised the Outlooks on Bank of Georgia’s (BoG) and TBC Bank’s (TBC) Long-Term Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at ‘BB-‘. Fitch has affirmed Liberty Bank’s (LB) Long-Term IDR at ‘B+’ with a Stable Outlook and ProCredit Bank’s Georgia (PCBG) Long-Term …

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Liberty Bank Joined Information Campaign on Visa-free Travel – Europe is Home

On October 9, 2017, Visa Free Regional Information Campaign “Europe is home” started with the organization NGO “Cida”. Campaign partners and supporters are: European Union, Open Society Foundations, Civil Society Regional Network (R-CSN), Office of State Minister for European and Euro-Atlantic Integration, Information Center on NATO and EU and Liberty …

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Liberty Bank Joined Global Money Week

Liberty Bank held meetings at schools in three cities of Georgia: Zugdidi, Kutaisi and Ozurgeti in the frames of “Global Money Week”. The Bank’s regional branch managers presented students an interesting presentation aimed at raising financial education in future generations. “The aim of these meetings was to provide students with …

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Liberty Bank Supports Georgian Paralympic Athletes

For the first time in the history of Georgian sports, Georgian Paralympic athletes will also play in the winter Paralympics. Winter Paralympic Games will be held on March 9-18 in Piochan, Korea, where 670 sportsmen from 41 countries participates. At the official opening ceremony of the Winter Paralympic Games on …

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Liberty Bank’s Profit Increased by 48% Within One Year

“Commersant” continues to analyze financial statements of financial institutions. This time, they shared statistical data of the fourth quarter of Liberty Bank. In particular, the profit of the bank increased by 48% and amounted to 52 million GEL. In 2016 the bank’s profit was 35 million GEL. In 2017, Liberty …

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Rating of Commercial Banks in December

Rating of Commercial Banks in December

Consolidated profits of the bank sector exceeded 152.5 million GEL in December 2017. All commercial banks finished the month of December in profits, including Silk Road Bank. However, the latter bank’s annual losses constituted 495 555 GEL. The Georgian banking sector consists of 16 commercial banks, including 15 ones with …

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