Friday, October 04, 2024
JSC “Liberty Bank” is one of the leaders of innovation and digital transformation in Georgia's financial sector. Since 2019, the bank has forged a successful partnership with Penki Kontinentai Group including BS/2 and ASHBURN International, adopting cutting-edge technologies to enhance operations.
Thanks to this collaboration, Liberty Bank now provides 17 innovative functionalities through ATMs and digital platforms, including:
Recognition of Excellence
Liberty Bank was recognized as the leading company in banking innovations in the EMEA region. On October 3rd, 2024, Liberty Bank received "Leading Innovator in Banking Functionality Award 2024" from the international companies Penki Kontinentai Group and Diebold Nixdorf. This award symbolizes recognition of Liberty Bank's commitment to modernization and customer-focused solutions.
"The award is a testament to Liberty Bank's leadership in banking innovation," emphasized Idrakas Dadašovas, Chairman of the Board of Penki Kontinentai Group. "Our partnership has made significant strides, and we are excited to see where it takes us in the future. Liberty Bank's vision aligns with our mission to drive digital transformation in the financial industry. We acknowledge Liberty Bank’s contributions to the sector and are proud to celebrate their achievements. We look forward to a long and fruitful partnership."
Signing of the Strategic Cooperation Agreement
During the ceremony, Idrakas Dadašovas, Chairman of the Board of Penki Kontinentai Group, and Giorgi Koroglishvili, Head of the Digital Banking and Innovation Office at Liberty Bank, signed an Agreement of strategic partnership.
The collaboration with BS/2 signifies that Liberty Bank's customers will have new opportunities for more simplified access to modern and convenient banking services. The expansion of the ATM network, enhancement of device functionality, and adherence to high security standards will further improve the quality and reliability of Liberty Bank's services.
"We are extremely pleased with this international recognition and the significant award from our partners. We have a long-standing and successful collaboration with Penki Kontinentai Group and Diebold Nixdorf. This recognition from them once again affirms the professionalism of our team and Liberty’s position as an innovative bank in the region.
Liberty's strategy focuses on universalization and the digitalization of all banking services. Today, the signing of the memorandum of cooperation with Penki Kontinentai Group marks yet another step forward in the implementation and development of innovations." — Giorgi Koroglishvili, Head of Digital Banking and Innovation Office at Liberty Bank.
Under his leadership, Liberty Bank successfully integrated new technologies, significantly improving the efficiency of ATM monitoring and payment system oversight.
“I would like to thank the Liberty Bank’s team for our many years of fruitful collaboration. It is a great pleasure for us to work with a partner that is constantly striving for growth, with customer care as its primary mission. It is an honor for us to be Liberty Bank's partners on this important journey, and together, we are creating new, innovative, and high-tech solutions,” concluded Emilio Kiris, Director of BS/2 Georgia.
About Liberty Bank:
Liberty is one of the largest commercial banks in the country, serving over 1.7 million individuals and more than 50,000 small and medium-sized businesses. The bank's assets amount to 4 billion GEL, and it employs over 5,000 people. Liberty has the widest network in the country, with nearly 500 service centers, 632 ATMs, and self-service and POS terminals across all regions and municipalities of Georgia. In addition to its developed infrastructure, modern digital services and remote banking options are available to both individual and corporate clients
About Penki Kontinentai Group:
Penki Kontinentai is a Lithuanian company that includes BS/2 and ASHBURN International within its group. Along with its subsidiaries in Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Uzbekistan, Latvia, Estonia, and Spain, the company has provided services to banks, financial institutions, retailers, and service companies. The main areas of expertise include software development and implementation, self-service channel distribution, and outsourcing. BS/2 software and hardware use in more than 85 countries worldwide. The company is committed to quality and adheres to ITIL best practices, ensuring reliable service and compliance with SLAs, regardless of customer location.
For more than 30 years, BS/2 has been an official partner of Diebold Nixdorf, a global leader in banking and retail equipment. Together, the companies are dedicated to driving innovation and helping banks enhance their service quality and foster growth.