GEO
28 April, 2023

JSC “Liberty Bank” Became a member of the international factoring organization - FCI

JSC “Liberty Bank” Became a member of the international factoring organization - FCI

 

JSC “Liberty Bank” is the third bank on the Georgian market that joined the FCI.

“Liberty continues introducing new products tailored to the needs of its customers and improving service and offerings. 

Factoring is one of the fastest growing financial services both Globally and in Georgia. We have been offering our customers local factoring operations since 2020. Joining the international factoring organization will allow us to offer greater variety of products and services, as well as significantly strengthen our position on the market by offering international factoring operations” - Shota Dekanosidze, Head of Global Banking Department of Liberty.

About FCI:

FCI is the largest international factoring organization that aims to encourage and develop international trade through factoring operations worldwide. About 400 financial institutions from more than 90 countries of the world are members of FCI. FCI has up to 60% of the shares of the world’s factoring market.

About Liberty:

Liberty is one of the largest commercial banks in the country, serving more than 1.7 million individuals and more than 50,000 small and medium-sized businesses. The bank’s assets amount to 3 billion GEL and more than 4500 employees are employed. Liberty is represented throughout the country with the widest network - more than 360 service centers, 632 ATMs, self-service and POS terminals in all regions and municipalities of Georgia. In addition to the developed infrastructure, modern digital services and remote services are available for both individuals and legal entities.