According to data published by the Georgian Stock Exchange, 95.99% of Liberty Bank’s shares - equivalent to 4.27 billion shares - were sold for 674.1 million GEL (approximately $250 million) at a per-share price of 15.78 tetri. The transaction was finalized on April 16, although the bank’s Supervisory Board Chairman, Irakli Rukhadze, had stated at the time that the full deal value was confidential.
Market information indicates that the disclosed amount does not represent the total transaction value, as the deal also included Liberty Bank’s dividend payouts. The bank’s 2025 net profit was 126 million GEL, and the first quarter of 2026 generated an additional 32.4 million GEL. With a combined 158.4 million GEL potentially distributed as dividends, the overall deal value could reach around $330 million.
Additional components of the agreement may push the transaction value even higher, potentially to $350–$400 million. Ahead of the acquisition, Hualing Group—the owner of Basisbank and Liberty’s buyer - reportedly mortgaged several assets to TBC Bank in April 2026 to secure necessary capital.
Following the merger of Basisbank and Liberty Bank, the combined institution will have 11.18 billion GEL in assets (10.53% of the banking sector), an 8-billion-GEL loan portfolio (10.9% market share), and 8 billion GEL in deposits (11.5% market share), making it one of Georgia’s largest financial institutions.
