Did Leonardo buy DRS.?

Written by Admin | Last Updated: July 2026

Yes, Liberty Bank was the subject of a significant acquisition by BasisBank, a lender owned by China's Hualing Group. BasisBank successfully acquired a 95.99% stake in the Georgia-based Liberty Bank. This acquisition brought a large retail banking network, which serves over 1.7 million retail customers and tens of thousands of small and medium-sized businesses, under the control of the Hualing Group-owned lender, marking a major change in ownership for the institution.

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