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Bank Of Africa Kenya Limited
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 corporate, SMEs, investment groups as well as 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 Ju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. 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 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa
Bank of Africa (BOA) is a Moroccan banking conglomerate headquartered in Casablanca, Morocco, with banking operations in Morocco and eighteen other African countries. Its main predecessor entities started in 1959 in Morocco and in 1982 in Mali. Until 2020 the group parent entity was known as the Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Trade"), a name that lingers as "BMCE Group" in the BOA brand identity as of 2022. BOA has offices in Europe, Asia, France, Spain, United Kingdom, China, Italy, Germany, UAE, Belgium, Canada and Netherlands. History BMCE was created in 1959, shortly after the country's independence, and listed on the Casablanca Stock Exchange in 1974. In 1995, it was privatized and became controlled by Moroccan businessman Othman Benjelloun through insurer . BOA's initial bank in Sub-Saharan Africa was established in late 1982, in Bamako, Mali, by local businesspeople. It was formed to address the scarcity of banking services f ... [...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. Because 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 ... [...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 45 Jinja Road, in the central business district of Kampala, Uganda's capital and largest city. The geographical coordinates of the bank's headquarters are: 0°18'56.0"N, 32°35'32.0"E (Latitude:0.315556; Longitude:32.592222). 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 December 2019, BOA Uganda was a medium-sized financial services provider, with total assets of UGX:803.07 billion (approximately US$218.25 million), with shareholders' equity of UGX:123.54 billion (approximately US$33.58 million). Bank of Africa Group ... [...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 notable commercial banks in Kenya ; Licensed commercial banks # ABC Bank (Kenya) # Absa Bank Kenya # Access Bank Kenya # Bank of Africa # Bank of Baroda # Bank of India # Citibank # Consolidated Bank of Kenya # Cooperative Bank of Kenya # Credit Bank # Development Bank of Kenya # Diamond Trust Bank # Dubai Islamic Bank # Ecobank Kenya # Equity Bank Kenya # Family Bank # First Community Bank # Guaranty Trust Bank Kenya # Guardian Bank # Gulf African Bank # Habib Bank AG Zurich # Housing Finance Company of Kenya # I&M Bank # Imperial Bank Kenya (In receivership) # Kingdom Bank Limited # Kenya Commercial Bank # Mayfair Bank # Middle East Bank Kenya # M Oriental Bank # National Bank of Kenya # NCBA Bank Kenya # Paramount Universal Bank # Prime Bank (Kenya) # SBM Bank Kenya # Sidian Bank # Spire Bank # Stanbic Holdings Plc # Standard Chartered Kenya # United Bank for Africa # Victoria Commercial Bank ; Representative offices of foreign banks # HDFC Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BMCE Bank
Bank of Africa is a large commercial bank in Morocco, known until 2020 as Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Commerce"). According to the company's website, it operates over 697 branches A branch, sometimes called a ramus in botany, is a woody structural member connected to the central trunk of a tree (or sometimes a shrub). Large branches are known as boughs and small branches are known as twigs. The term ''twig'' usually r ... in Morocco. It is part of the Casablanca-headquartered Bank of Africa Group. External links Banque Marocaine du Commerce Extérieur ExterieurCurrency Exchange Practices at Moroccan Banks Banks of Morocco Companies based in Casablanca Crédit Mutuel {{Morocco-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa (Red Sea)
Bank of Africa (BOA Red Sea) is the second largest bank in Djibouti and is part of Mali based Bank of Africa Group. Bank of Africa Group 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 The firm traces its presence in Djibouti to 1908 when Banque de l'Indochine The Banque de l'Indochine (), originally Banque de l'Indo-Chine ("Bank of Indochina"), was a bank created in 1875 in Paris to finance French colonial development in Asia. As a bank of issue in Indochina until 1952 (and in French Paci ... established a branch there, although it had started issuing banknotes for Djibouti in 1907. Banque de l'Indochine had just received the French government concession to create the Franco-Ethiopian Railway between Djibouti and Addis Ababa (Ethiopia). The bank's name changed as its ownership changed. The Bank of Indochina became in 1974 Bank of Indochina and Suez then B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Development Finance Company
FMO ( nl, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.) is a Dutch development bank structured as a bilateral private-sector international financial institution based in the Hague, the Netherlands. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Africa Group
Bank of Africa (BOA) is a Moroccan banking conglomerate headquartered in Casablanca, Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ..., with banking operations in Morocco and eighteen other African countries. Its main predecessor entities started in 1959 in Morocco and in 1982 in Mali. Until 2020 the group parent entity was known as the Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Trade"), a name that lingers as "BMCE Group" in the BOA brand identity as of 2022. BOA has offices in Europe, Asia, France, Spain, United Kingdom, China, Italy, Germany, UAE, Belgium, Canada and Netherlands. History BMCE was created in 1959, shortly after the country's independence, and listed on the Casablanca Stock Exchange in 1974. In 1995, it was privatized a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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