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Diamond Trust Bank Group
Diamond Trust Bank Group, in short DTB Group, is an African banking group active in Burundi, Kenya, Tanzania, and Uganda. The flagship company of the group, Diamond Trust Bank Kenya, is licensed by the Central Bank of Kenya, the central bank and national banking regulator in Kenya, the largest economy in the East African Community. Location DTB Group's main offices are located at Diamond Trust Bank Centre (DTBC), along Mombasa Road in Nairobi, Kenya. Overview The flagship of DTB Group is Diamond Trust Bank (Kenya), which was founded in 1946. , the group is ranked the eighth largest commercial bank, by assets, out of 43 licensed banks in Kenya. At that time, the group's total assets were approximately US$1.924 billion (KES:166.52 billion), with shareholders' equity of about US$242.1 million (KES:20.95 billion). As of 2018, it ranked 5th. The group works in collaboration with the Habib Bank of the Aga Khan Fund for Economic Development and the International Finance Corporation o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamond Bank
Diamond Bank Plc., was a Nigerian multinational financial service provider. Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019. On 1 April 2019, Diamond Bank was fully merged with Access Bank to build a new entity while retaining the name of Access Bank with a logo that took the form of Diamond Bank. Overview The bank provides financial services. Its headquarters is located in Calabar, Nigeria. As at June 2013, the bank operated 267 branches in Nigeria. Leadership Uzoma Dozie is the CEO. The other board of directors is Mrs. Caroline Anyanwu, Mrs. Chizoma Okoli, Mr. Chiugo Ndubisi, Mr. Kabir Alkali Mohammed, Mr. Damian Dolland, Mr. Dele Babade, Mr. Christopher Ubosi, and Mr. Idris Mohammed. See also * List of banks in Nigeria * List of banks in Africa * Central Bank of Nigeria * Economy of Nigeria The Economy of Nigeria is a middle-income, mixed economy and emerging marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East African Community
The East African Community (EAC) is an intergovernmental organisation composed of seven countries in the Great Lakes region of East Africa: the Democratic Republic of the Congo, the United Republic of Tanzania, the Republics of Kenya, Burundi, Rwanda, South Sudan, and Uganda. Évariste Ndayishimiye, the president of Burundi, is the current EAC chairman. The organisation was founded in 1967, collapsed in 1977, and was revived on 7 July 2000. In 2008, after negotiations with the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA), the EAC agreed to an expanded free trade area including the member states of all three organizations. The EAC is an integral part of the African Economic Community. The capital of the EAC is Arusha, Tanzania. The EAC is a potential precursor to the establishment of the East African Federation, a proposed federation of its members into a single sovereign state. In 2010, the EAC launched its own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kigali
Kigali () is the Capital (political), capital and largest city of Rwanda. It is near the nation's geographic centre in a region of rolling hills, with a series of valleys and ridges joined by steep slopes. As a primate city, Kigali has been Rwanda's economic, cultural, and transport hub since it became the capital following independence from Belgian rule in 1962. In an area controlled by the Kingdom of Rwanda from the 17th century and then German East Africa, by the German Empire, the city was founded in 1907 when Richard Kandt, List of colonial residents of Rwanda, the colonial resident, chose the site for his headquarters, citing its central location, views and security. Foreign merchants began to trade in the city during the German era, and Kandt opened some government-run schools for Tutsi Rwandan students. Belgium East African campaign (World War I), took control of Rwanda and Burundi during World War I, forming the mandate of Ruanda-Urundi. Kigali remained the seat of colo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bancassurance
Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank's customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer. Bank staff are advised and supported by the insurance company through wholesale product information, marketing campaigns and sales training. The bank and the insurance company share the commission. Insurance policies are processed and administered by the insurance company. This partnership arrangement can be profitable for both companies. Banks can earn additional revenue by selling the insurance products, while insurance companies are able to expand their customer base without having to expand their sales forces or pay commissions to insurance agents or brokers. Bancassurance has proved to be an effective distribution channel in a number of countries in Europe, Latin America, Asia, and Australia. Description ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bujumbura
Bujumbura (; ), formerly Usumbura, is the economic capital, largest city and main port of Burundi. It ships most of the country's chief export, coffee, as well as cotton and tin ore. Bujumbura was formerly the country's normal capital. In late December 2018, Burundian president Pierre Nkurunziza announced that he would follow through on a 2007 promise to return Gitega its former political capital status, with Bujumbura remaining as economical capital and center of commerce. A vote in the Parliament of Burundi made the change official on 16 January 2019, with all branches of government expected to move to Gitega within three years. History Bujumbura grew from a small village after it became a military post in German East Africa in 1889. After World War I it was made the administrative center of the Belgian League of Nations mandate of Ruanda-Urundi. The name was changed from Usumbura to Bujumbura when Burundi became independent in 1962. Since independence, Bujumbura has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dar Es Salaam
Dar es Salaam (; from ar, دَار السَّلَام, Dâr es-Selâm, lit=Abode of Peace) or commonly known as Dar, is the largest city and financial hub of Tanzania. It is also the capital of Dar es Salaam Region. With a population of over six million people, Dar is the largest city in East Africa and the List of urban agglomerations in Africa, seventh-largest in Africa. Located on the Swahili coast, Dar es Salaam is an important economic centre and is one of the fastest-growing cities in the world. The town was founded by Majid bin Said of Zanzibar, Majid bin Said, the first Sultanate of Zanzibar, Sultan of Zanzibar, in 1865 or 1866. It was the main administrative and commercial center of German East Africa, Tanganyika (territory), Tanganyika, and Tanzania. The decision was made in 1974 to move the capital to Dodoma and was officially completed in 1996. Dar es Salaam is Tanzania's most prominent city for arts, fashion, media, film, television, and finance. It is the capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamond Trust Bank (Tanzania) Limited
Diamond Trust Bank Tanzania Plc (DTBT) is a commercial bank in Tanzania, licensed by the Bank of Tanzania. Overview Diamond Trust Bank Tanzania PLC is a large financial services provider in Tanzania, with total assets valued at TSh 1,405 billion (approx. US$610 million) as at 31 December 2021. At that time, shareholders' equity was valued at TSh 209 billion (approx. US$99.74 million). The bank has a network of 29 branches, of which 15 are in the Commercial City of Dar es Salaam, while the remaining 14 are spread across major commercial centers in the country. History Diamond Trust Bank (Tanzania) Limited (DTB Tanzania) was founded in 1945, as Diamond Jubilee Investment Trust (DJIT) with its head office in Dar es Salaam (Tanzania) and branches in Mombasa (Kenya) and Kampala (Uganda). Subsequently, branches were also opened in Nairobi and Kisumu in Kenya. At the time, DJIT operated as a community-based finance house offering savings and extending credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kampala
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Rubaga Division. Kampala's metropolitan area consists of the city proper and the neighboring Wakiso District, Mukono District, Mpigi District, Buikwe District and Luweero District. It has a rapidly growing population that is estimated at 6,709,900 people in 2019 by the Uganda Bureau of Statistics in an area of . In 2015, this metropolitan area generated an estimated nominal GDP of $13.80221 billion (constant US dollars of 2011) according to Xuantong Wang et al., which was more than half of Uganda's GDP for that year, indicating the importance of Kampala to Uganda's economy. Kampala is reported to be among the fastest-growing cities in Africa, with an annual population growth rate of 4.03 percent, by City Mayors. Mercer (a New York- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamond Trust Bank (Uganda) Limited
Diamond Trust Bank Uganda Limited (DTBUL), is a commercial bank headquartered in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator. Overview As at December 2018, the bank's total assets were valued at about UGX:1.606 trillion (approximately US$438.574 million), with UGX:222.5 billion (approximately US$60.8 million) in shareholders' equity. As of 31 December 2015, DTBUL was the seventh largest commercial bank in Uganda by assets, controlling about 4 percent of the assets in the banking industry. History The bank dates to 1945, when it was operating as the Diamond Jubilee Investment Trust (DJIT), with its head office in Dar es Salaam, Tanzania, and branches in Mombasa, Kenya and Kampala, Uganda. Branches were later opened at Nairobi and Kisumu in Kenya. The company was initially established as a community-based finance house, dedicated towards the extension of credit to the East African Ismaili Community and the mobiliza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , .... See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
