Established in 2002, Liberty Bank (GSE: BANK, Bloomberg: BANK GG) is the fourth largest bank in Georgia by total assets, with a 5.9% market share as of 31 December 2011 (up from 3.5% as of 30 September 2009). Liberty Bank has the largest branch network in Georgia, comprising 281 branches (including mobile branches) and serves approximately 1.3 million individuals and over 46 thousand legal entities. In September 2009, Liberty Capital purchased a controlling equity interest in Liberty Bank and commenced its turnaround.