Liberty Bank Acquires "Topcard" from Rebank

Liberty Bank has successfully acquired the "Topcard" product and retail credit portfolio from Rebank. The integration of this new product into Liberty's existing system is scheduled to be implemented gradually over a two-month period. Starting from today, during this transitional phase, "Topcard" customers will continue to receive retail services from Rebank as usual.

After the completion of the two-month period, these customers will automatically transition to using their existing conditions at Liberty Bank, without the need for an additional visit.

"This acquisition marks a significant milestone for the Liberty team, as we move towards our goal of becoming a universal financial institution," said Beka Gogichaishvili, CEO of Liberty Bank. "Liberty's retail sector is growing rapidly, and we are continuously strengthening our team and developing new products and services tailored to the needs of our customers. 'Topcard' will play a significant role in our product lineup. We are excited to welcome our new customers and express our gratitude to everyone at Liberty and Rebank who contributed to this process."