Exim Bank Group (East Africa)
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Exim Bank Group (East Africa)
Exim Bank Group (East Africa) (EBGEA), is a financial services conglomerate based in the African Great Lakes region. EBGEA's headquarters are in Dar es Salaam, Tanzania, with subsidiaries in Uganda, Tanzania, Comoros, Djibouti and Ethiopia. Overview EBGEA is a large financial services conglomerate. As of 15 July 2022, the group had estimated assets exceeding TZS 2.4 trillion (US$1.033 billion). At the end of December 2021, the group had banking operations in four countries across the East African region. The bank issues "TANAPA" Mastercards and Visa cards, acceptable regionally and internationally. At that time the group employed 937 staff members. The group's shareholders' equity at that time was TZS 204.015 billion (US$87.844 million). History EBT was formed in 1997 by a group of Tanzanian business people. The bank is reported to have broken even within the first five months of operation. The subsidiary in the Comoros was established first, in 2007. Later, in 2011, ...
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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 ...
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Banks Established In 1997
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 ...
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Banks Of Tanzania
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 anc ...
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List Of Banks In Comoros
;The central bank in the Comoros # Central Bank of the Comoros with offices in Moroni (Grande-Comore), Mutsamudu (Anjouan) and Fomboni (Mohéli) ;Commercial banks in the Comoros # Development Bank of Comoros # Federal Bank of Commerce # Bank for Industry and Commerce # Exim Bank (Comoros) # New York Securities Bank # Societe Nationale des Postes et Services Financiers # Foreign Financial Bank # West Zane Bank ;Savings banks in the Comoros # Meck (bank) iSavings Bank# Sanduk See also * List of banks in Africa * List of companies based in the Comoros References External links Website of Central Bank of the Comoros {{DEFAULTSORT:Banks in the Comoros Banks Comoros Comoros The Comoros,, ' officially the Union of the Comoros,; ar, الاتحاد القمري ' is an independent country made up of three islands in southeastern Africa, located at the northern end of the Mozambique Channel in the Indian Ocean. It ...
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List Of Banks In Djibouti
This is a list of commercial banks in Djibouti ; For-profit banks # Bank of Deposit and Credit Djibouti # Bank of Africa Red Sea # Bank for Trade and Industry Red Sea # Commercial Bank of Djibouti # CAC International Bank # Exim Bank of Djibouti # International Investment Bank # Silk Road International Bank ; Islamic Banks # East Africa Bank (Djibouti) # Saba African Bank # Salaam African Bank See also * Central Bank of Djibouti * List of banks in Africa * List of banks in the Arab world * List of companies based in Djibouti Djibouti, officially the Republic of Djibouti, is a country located in the Horn of Africa. Djibouti's economy is largely concentrated in the service sector. Commercial activities revolve around the country's free trade policies and strategic loc ... References External linksWebsite of Central Bank of Djibouti (French) {{Economy of Djibouti Banks Djibouti Djibouti ...
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List Of Banks In Uganda
This is a list of commercial banks in Uganda # ABC Bank Uganda Limited # Absa Bank Uganda Limited # Bank of Africa Uganda Limited # Bank of Baroda Uganda Limited # Bank of India Uganda Limited # Cairo Bank Uganda # Centenary Bank # Citibank Uganda # DFCU Bank # Diamond Trust Bank # Ecobank Uganda # Equity Bank Uganda Limited # Exim Bank (Uganda) # Finance Trust Bank # Guaranty Trust Bank # Housing Finance Bank # I&M Bank Uganda # KCB Bank Uganda Limited # NCBA Bank Uganda # Opportunity Bank Uganda Limited # PostBank Uganda # Stanbic Bank Uganda Limited # Standard Chartered Uganda # Tropical Bank # United Bank for Africa See also *Banking in Uganda * List of Microfinance Deposit-taking Institutions in Uganda *List of licensed credit institutions in Uganda References External links Kenyan Banks In Major Ugandan Expansion
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List Of Banks In Tanzania
This is a list of banks in Tanzania whether licensed commercial banks, community banks, microfinance banks, mortgage banks or development banks. Commercial banks # Absa Bank Tanzania # AccessBank Tanzania # Akiba Commercial Bank # Amana Bank # Azania Bank # Bank of Africa Tanzania Limited # Bank of Baroda Tanzania Limited # Bank of India (Tanzania) # Canara Bank Tanzania Limited # China Dasheng Bank Limited # Citibank Tanzania # CRDB Bank # DCB Commercial Bank # Diamond Trust Bank Tanzania # Ecobank Tanzania # Equity Bank (Tanzania) # Exim Bank (Tanzania) # Guaranty Trust Bank (Tanzania) Limited Habib African Bank# I&M Bank (Tanzania) # International Commercial Bank Tanzania # KCB Bank Tanzania # Letshego Bank Tanzania # Mkombozi Commercial Bank # Mwalimu Commercial Bank # National Bank of Commerce (Tanzania) # National Microfinance Bank # NCBA Bank Tanzania # People's Bank of Zanzibar # Stanbic Bank Tanzania Limited # Standard Chartered Bank Tanzania # Ta ...
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Exim Bank (Uganda)
Exim Bank (Uganda) (EBU), commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda (BOU), the central bank and national banking regulator. EBU is a member of the Exim Bank Group (East Africa), a large financial services conglomerate with subsidiaries in Tanzania, Comoros, Uganda and Djibouti. The group also maintains a representative office in Ethiopia. Overview This bank provides services to both individuals and corporate clients. As of December 2019, the bank's total assets were valued at approximately UGX 341.2 billion (approx. US$90.907 million). At that time, the bank's customer deposits were UGX 275.6 billion (approx. US$73.429 million). History Exim Bank Uganda was established in 2011 as Imperial Bank Uganda by two major investors, Mukwano Group, a diversified Ugandan business and manufacturing conglomerate, and Imperial Bank Kenya, a medium-sized financial services provider, based in Nairobi, Kenya. O ...
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Exim Bank (Djibouti)
Exim Bank (Djibouti) (EBD), also Exim Bank Djibouti SA or Exim Bank of Djibouti, is a commercial bank in Djibouti. The bank is one of the commercial banks licensed by the Central Bank of Djibouti, which is the country's central bank and national banking regulator. Overview EBD is a 100 percent subsidiary of Exim Bank (Tanzania), and is a member of the Exim Bank Group (East Africa), a financial services conglomerate, with subsidiaries in Comoros, Djibouti, Tanzania and Uganda, whose total assets were in excess of US$3.3 billion, as of June 2016. The Djibouti subsidiary, was the second to be established, following the one in the Comoros, which was set up in 2007. In 2016, the conglomerate set foot in Uganda, by establishing Exim Bank Uganda. History Exim Bank (Djibouti) was formed in Djibouti in October 2010 and is registered as a public shareholding company in accordance with Licensing and Supervision of Banking Business Proclamation N° Loi 119/AN/11/6ème L. and Company Commerc ...
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Exim Bank (Comoros)
Exim Bank (Comoros) (EBC), also Exim Bank Comores SA (French), is a commercial bank in Moroni, the Comoros. The bank is one of the commercial banks licensed by the Central Bank of the Comoros, which is the country's central bank and national banking regulator. Location The headquarters of the bank are locate in Moroni, on the Grande Comore Island. Overview The bank is an expanding financial services provider with five interconnected branches, as of March 2015. Exim Bank Group Exim Bank (Comoros) is a subsidiary of Exim Bank (Tanzania). It is member of the Exim Bank Group (East Africa), a financial services conglomerate, with subsidiaries in Tanzania, Comoros, Djibouti and Uganda, and with assets in excess of US$3.3 billion, as of June 2016. Branches As of October 2017, the bank maintains branches at the following locations: (1) Main Branch, at Moroni, Grande Comore Island. (2) Second Branch (3) Moheli Branch, at Fomboni, Moheli Island (4) Domoni Branch, at Domoni, Anjou ...
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First National Bank Of Tanzania
First National Bank Tanzania (FNBT), is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the national banking regulator. It is a subsidiary of South Africa-based FirstRand Group. FNBT is a small commercial bank in Tanzania. History The bank commenced operations in Tanzania, in July 2011, following the issuance of a commercial banking licence by the Bank of Tanzania, the country's central bank and national banking regulator. Its headquarters and main branch are located in Dar es Salaam, the national capital and largest city in the country. Ownership , FNBT stock is 100% owned by the FirstRand Group, a large financial services provider, based in South Africa, with subsidiaries in about 10 sub-Saharan countries, as well as in Australia and India. The stock of the group is listed on the Johannesburg Securities Exchange (JSE), where it trades under the symbol: FSR. In July 2022, First National Bank of Tanzania was acquired by Exim Ba ...
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