Georgian banks will not be sold to Russia

Georgian bankers have denied President Mikheil Saakashvili’s information about sale of TBC-Bank and Liberty Bank to Russia’s Alpha-Bank or Sberbank made in Avlabari, Trend reports.

Director General of Liberty Bank Lado Gurgenidze said that the bank had ambitious plans for development in 2013 and will not be sold.

Adapted from Vestnik Kavkaza