JSC “Liberty Bank”, one of Georgia’s top commercial banks, has been awarded a prestigious honor by The Penki Kontinentai Group for its leadership in banking innovation. This recognition highlights the bank’s achievements in digital transformation and its focus on advanced technology. 

The Penki Kontinentai Group, along with BS/2 and ASHBURN International, began its partnership with Liberty Bank in 2019. On October 3, 2024, the companies took their collaboration to the next level by signing a Strategic Partnership Agreement. 

In the photo (left to right): Giorgi Koroglishvili, Head of Digital Banking and Innovation at Liberty Bank, and Idrakas Dadašovas, Chairman of the Board of The Penki Kontinentai Group. 

This new agreement will allow Liberty Bank to enhance self-service device functionality and make services even more secure. 

The bank has already launched 17 innovative services across ATMs and online platforms. They include card-to-card transfers, international remittance support, full integration with Apple Pay and Google Pay, the ability to apply for loans and deposits through ATMs, among others. 

For its commitment to modernization and customer-focused solutions, Liberty Bank received the "Leading Innovator in Banking Functionality Award 2024" from The Penki Kontinentai Group and Diebold Nixdorf. The bank has also been recognized as a leader in banking innovation across Europe, the Middle East, and Africa (EMEA). 

"This award showcases Liberty Bank’s leadership in banking innovation," said Idrakas Dadašovas, Chairman of the Board of The Penki Kontinentai Group. "Our partnership has already delivered significant results, and we look forward to more achievements in the future. 

Liberty Bank’s approach aligns perfectly with our mission of driving technological transformation in the financial sector. We greatly value their contribution to advancing digital technology and are proud to celebrate their dedication to continued growth." 

Both The Penki Kontinentai Group and Liberty Bank emphasized that their partnership would play a crucial role in developing digital services in the region.