BasisBank Buys Georgia’s Third-Largest Liberty Bank, Co-Owned by GD-Close Irakli Rukhadze

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 …Источник: