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Bank Of Africa Kenya
Bank of Africa Kenya Limited (BOA Kenya) is a commercial bank in Kenya. It is one of the commercial banks licensed by Central Bank of Kenya, the country's central bank and the national banking regulator. Overview BOA Kenya is a mid-tier bank and is ranked 15th out of the 42 commercial banks in Kenya by the CBK. The bank provides banking services to corporations, SMEs, investment groups, and individuals. As at 31 December 2019, the bank's total assets were valued at KES:43.996 billion (US$403.27 million), with shareholders' equity valued at KSh4.28 billion (approx. USD39.2 million. The bank's customer base was in excess of 100,000, as of March 2016. History The Bank traces its roots from Calyon Bank (formally Credit Agricole Indosuez) which was founded in 1981. In April 2004, Groupe Bank of Africa (BOA Group) acquired the operations of Credit Agricole Indosuez in Kenya and incorporated them into its newly formed subsidiary BOA Kenya. This transaction was completed on June ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa
Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, , , est. 1959), following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity. As of 2024, the bank is the third-largest in Morocco, with major shareholders including Moroccan financier Othman Benjelloun and French bank Crédit Mutuel Alliance Fédérale. Listed on the Casablanca Stock Exchange, BOA operates in numerous African countries, offering a broad range of financial services across the continent. History Banque Marocaine du Commerce Extérieur At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Kenya
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa Uganda Limited
Bank of Africa Uganda Limited, also known as BOA Uganda (BOAU), is one of the commercial banks in Uganda that have been licensed by the Bank of Uganda, the country's central bank and national banking regulator. Location The headquarters and main branch of Bank of Africa Uganda Limited, are located at Lugogo One Building, 23 Lugogo Bypass, in the central business district of Kampala, Uganda's capital and largest city. Overview BOA Uganda is involved in all aspects of commercial banking although its focus is on providing banking services to multinational companies, mid-size local enterprises, and small retail businesses. As of June 2023, BOA Uganda was a medium-sized financial services provider, with total assets of UGX:1,100 billion (approximately US$285.5 million), with shareholders' equity of UGX:177.688 billion (approximately US$46.11 million). Bank of Africa Group The bank is a member of the Bank of Africa Group, a multinational, Pan African bank headquartered in Casablanca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa Rwanda Limited
Bank of Africa Rwanda Limited also BOA Rwanda, formerly known as Agaseke Bank, is a commercial bank in Rwanda. The bank is one of the licensed banks in the Republic of Rwanda. The bank is a growing financial services provider in Rwanda. As of December 2012, its total assets were valued at approximately US$14.6 million (RWF:9.2 billion). History BOA Rwanda was formed in November 2003 as Centre Financier aux Entrepreneurs Agaseke (CFE SA Agaseke) with the aim of providing financial services to small and medium-sized businesses. On 14 December 2010, the shareholders adopted a resolution to convert CFE SA Agaseke to a microfinance bank and adopted the name Agaseke Bank. The bank was granted a banking license by the National Bank of Rwanda, the national banking regulator, in 2011 and commenced commercial banking services in the same year. On October 15, 2015, the Bank of Africa Group announced its acquisition of a 90% stake in Agaseke Bank. This led to Agaske Bank changing its name to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa Ghana Limited
Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015. BOA Ghana is a large financial services provider in Ghana. , the total asset valuation of the bank was estimated at US$300 million (GHS:735.5 million). The bank is a member of Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in fourteen African countries, including Benin, Burkina Faso, Burundi, Democratic Republic of the Congo, Djibouti, Ghana, Kenya, Ivory Coast, Madagascar, Mali, Niger, Senegal, Tanzania and Uganda. The group also maintains an office in Paris, France. History The bank was incorporated in 1997, as Amalgamated Bank Limited. In 2006, ''Meeky Enterprises'' of Nigeria, acquired 49% shareholding in AmalBank. At that time, Meeky was also a major shareholder in Ocea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Kenya
This is a list of commercial banks and other licensed credit institutions in Kenya, as updated mid-2023 by the Central Bank of Kenya. List of commercial banks * Absa Bank Kenya, Absa Bank Kenya PLC, part of Absa Group * Access Bank Kenya, Access Bank (Kenya) PLC, part of Access Bank Group * ABC Bank (Kenya), African Banking Corporation Ltd (ABC Bank) * Bank of Africa Kenya Ltd, part of Bank of Africa, Bank of Africa Group * Bank of Baroda (Kenya) Ltd, part of Bank of Baroda, Bank of Baroda Group * Bank of India (Kenya), Bank of India, part of Bank of India, Bank of India Group * Citibank N.A. Kenya, part of Citigroup * CIB Kenya, Commercial International Bank Kenya Ltd (CIB), part of Commercial International Bank, CIB Group * Consolidated Bank of Kenya, Consolidated Bank of Kenya Ltd, state-owned * Co-operative Bank of Kenya, Co-operative Bank of Kenya Ltd * Credit Bank, Credit Bank PLC * Development Bank of Kenya, Development Bank of Kenya Ltd, state-owned * Diamond Trust Bank (Ke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BMCE Bank
Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, , , est. 1959), following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity. As of 2024, the bank is the third-largest in Morocco, with major shareholders including Moroccan financier Othman Benjelloun and French bank Crédit Mutuel Alliance Fédérale. Listed on the Casablanca Stock Exchange, BOA operates in numerous African countries, offering a broad range of financial services across the continent. History Banque Marocaine du Commerce Extérieur At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industriel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morocco
Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa. It has coastlines on the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to Algeria–Morocco border, the east, and the disputed territory of Western Sahara to Morocco–Western Sahara border, the south. Morocco also claims the Spain, Spanish Enclave and exclave, exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Plazas de soberanía, Spanish-controlled islands off its coast. It has a population of approximately 37 million. Islam is both the official and predominant religion, while Arabic and Berber are the official languages. Additionally, French and the Moroccan dialect of Arabic are widely spoken. The culture of Morocco is a mix of Arab culture, Arab, Berbers, Berber, Culture of Africa, African and Culture of Europe, European cultures. Its capital is Rabat, while its largest city is Casablanca. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa (Red Sea)
Bank of Africa Red Sea is the second largest bank in Djibouti and is part of the Bank of Africa (BOA) Group. Bank of Africa Group, by then based in Mali, acquired Djibouti-based Banque Indosuez Mer Rouge in 2010. BOA Red Sea operates seven branches in Djibouti and a representative office in Addis Ababa. History In 1907, the Banque de l'Indochine started issuing banknotes for Djibouti, and in 1908 established a branch there. The bank had just received the French government concession to create the Franco-Ethiopian Railway between Djibouti and Addis Ababa (Ethiopia). It had a monopoly on banking services in Djibouti until the arrival in 1954 of the ''Banque pour le Commerce et l'Industrie - Mer Rouge (BCIMR)'', a subsidiary of Paris-based Banque Nationale pour le Commerce et l'Industrie. The two banks' headquarters stood together at Place Lagarde for nearly half a century. In 1974, the Banque de l'Indochine merged with Banque de Suez to form Banque Indosuez, and the operation in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Development Finance Company
FMO () is a Dutch development bank structured as a bilateral private-sector international financial institution based in the Hague, the Netherlands. Among others, FMO manages funds for the Ministries of Foreign Affairs and Economic Affairs of the Dutch government to maximize the development impact of private sector investments. It is licensed as a bank and supervised by the Dutch Central Bank. The Dutch government holds 51% of the shares, but FMO operates as a commercial company. Due to its relationship with the Dutch government, it is able to take risks which commercial financiers are not able or not prepared to take. The FMO has a AAA rating from Standard and Poor's. , the bank's total asset valuation was €8.32 billion (US$9.67 billion), and its shareholders' equity was €2.83 billion (US$3.29 billion). FMO's mandate is to provide long term capital for projects in countries in which commercial investors do not yet dare to invest. It invests risk capital in companies and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa Group
Bank of Africa (BOA) is a Moroccan international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali) by the Banque Marocaine du Commerce Extérieur (BMCE, , , est. 1959), following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity. As of 2024, the bank is the third-largest in Morocco, with major shareholders including Moroccan financier Othman Benjelloun and French bank Crédit Mutuel Alliance Fédérale. Listed on the Casablanca Stock Exchange, BOA operates in numerous African countries, offering a broad range of financial services across the continent. History Banque Marocaine du Commerce Extérieur At the time of Moroccan independence, the new country's banking system was dominated by French banks, namely the Banque Commerciale du Maroc controlled by Crédit Industriel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
