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NIC Bank Group
NCBA Group Plc, is a financial services conglomerate in East and West Africa. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, Uganda and Ivory Coast. Location The group's headquarters are located along Mara Road, in the neighborhood called Upper Hill, in Nairobi, the Capital City of Kenya. The geographical coordinates of the group's headquarters are:01°17'52.0"S, 36°48'46.0"E (Latitude:-1.297778; Longitude:36.812778). Overview NCBA Group Plc is a large financial services organization in East and West Africa, with assets valued at over US$4.43 billion (KES:464.89 billion) as of December 2019. Shareholders' equity at that time was valued at approximately US$661 million (KES:69.416 billion). The group functions as a non-operating holding company for its subsidiaries in the region. As of October 2019, the group serviced an estimated 40 million customers in four East African countries and in one West African country. History ...
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NCBA Group Logo 2019
NCBA may refer to: * National College of Business and Arts * National Club Baseball Association * National Cattlemen's Beef Association * National Collegiate Boxing Association * National Cooperative Business Association * National Community Boats Association * North Carolina Bar Association * Northern California Band Association * Northern California Baseball Association The Northern California Baseball Association or NCBA was a baseball-only conference that existed from 1977 to 1984. It was made up of schools from the Big West Conference, then the Pacific Coast Athletic Association (PCAA), and West Coast Conferenc ...
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West Africa
West Africa or Western Africa is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo, as well as Saint Helena, Ascension and Tristan da Cunha ( United Kingdom Overseas Territory).Paul R. Masson, Catherine Anne Pattillo, "Monetary union in West Africa (ECOWAS): is it desirable and how could it be achieved?" (Introduction). International Monetary Fund, 2001. The population of West Africa is estimated at about million people as of , and at 381,981,000 as of 2017, of which 189,672,000 are female and 192,309,000 male. The region is demographically and economically one of the fastest growing on the African continent. Early history in West Africa included a number of prominent regional powers that dominated different parts of both the coastal and internal trade networks, suc ...
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Central Bank Of Kenya
The Central Bank of Kenya (CBK) ( sw, Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge is current Governor of CBK and Sheila M’Mbijjewe is the Deputy Governor. Organizational structure Management The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson. Governor The current governor of the bank is Patrick Ngugi Njoroge. Former governors of the Bank are: * Prof. Njuguna Ndung'u (March 2007 – March 2015) * Dr. Andrew Mullei (March 2003 – March 2007) * Nahashon Nyagah (April 2001 – March 2003) * Micah Cheserem (July 1993 – April 2001) * Eric Cheruiyot Kotut (January 1988 – July 1993) * ...
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Secondary Market Offering
A secondary market offering, according to the U.S. Financial Industry Regulatory Authority (FINRA), is a registered offering of a large block of a security that has been previously issued to the public. The blocks being offered may have been held by large investors or institutions, and proceeds of the sale go to those holders, not the issuing company. It is also called a secondary distribution. A secondary offering is not dilutive to existing shareholders since no new shares are created. The proceeds from the sale of the securities do not benefit the issuing company in any way. The offered shares are privately held by shareholders of the issuing company, who may be directors or other insiders (such as venture capitalists) who may be looking to diversify their holdings. Usually, however, the increase in available shares allows more institutions to take non-trivial positions in the issuing company which may benefit the trading liquidity of the issuing company's shares. A secondary m ...
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Barclays Bank (Kenya)
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. Location The headquarters and main branch of the bank are located at Absa Westend Building, off Waiyaki Way, in Nairobi, Kenya's capital and largest city. Overview As of December 2019, the bank is a large financial services institution in Kenya, with an asset base in excess of KSh:374.109 billion (US$3.561 billion), with shareholders' equity of KSh:44.079 billion (US$419.654 million). As of March 2014, Barclays Bank of Kenya was the fifth-largest commercial bank in Kenya, by assets, behind KCB Group, Equity Group Holdings Limited, Cooperative Bank and Standard Chartered Kenya. History The bank's history traces from 1916 when the National Bank of South Africa (now First National Bank) opened a branch. In 1925, National Bank of South Africa ...
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AIM25
AIM25 is a non-profit making collaborative archive project; a single point of networked access to collection level descriptions of the archives of over one hundred higher education institutions, learned societies and specialist archives within the M25 Greater London area of the United Kingdom. It holds over 7500 collection level descriptions on subjects including social sciences, politics, social and economic history, women's history and military history. Each description on AIM25 provides a link to ARCHON which gives contact details of the repository holding that archive. AIM25 follows ISAD(G) and is interoperable with Encoded Archival Description, Open Archives Initiative and Dublin Core. AIM25 is based at King's College London and is freely available to all. Partner institutions update the records for their holdings and collection level descriptions are indexed at King's College London using personal, corporate, place names and subject thesauri. AIM25 is freely available and ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Standard Bank (historic)
The Standard Bank was a British overseas bank, which operated mainly in Africa from 1863 to 1969. It merged with the Chartered Bank in 1969 to form Standard Chartered. History The bank was incorporated in London on 15 October 1862 as Standard Bank of British South Africa. It was formed by a group of South African businessmen led by John Paterson. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon after opening it merged with several other banks including the Commercial Bank of Port Elizabeth, the Colesberg Bank, the British Kaffrarian Bank and the Fauresmith Bank. It was prominent in financing and development of the diamond fields of Kimberley in 1867. In reflection to the growth of its branch network and expansion outside British controlled regions, the bank dropped the word "British" from its title and adopted the name Standard Bank of South Africa Limited in 1881. When gold was discovered on the Witwatersrand, the bank expanded northwards and o ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Upper Hill, Nairobi
Upper Hill is a neighbourhood of the city of Nairobi, the capital and largest city of Kenya. The district has seen an increase in major construction in recent years, with several multinational corporations setting up offices. Location Upper Hill is located by road west of the central business district of Nairobi. The coordinates of Upper Hill are: 1°17'59.0"S, 36°48'58.0"E (Latitude:-1.299719; Longitude:36.816097). Upper Hill lies in two major Nairobi City sub-counties; Kibra and Westlands. Ngong Road separates the two sub-counties. Overview Upper Hill was historically one of the residential neighbourhoods of the city of Nairobi, during colonial times. The that comprise Upper Hill were majorly owned by Kenya Railways. During the 1990s and early 2000s, as land and office space became scarce and exorbitantly priced in the central business district, businesses relocated to Upper Hill and Westlands, where land and office space were more readily available and less expensive. T ...
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Ivory Coast
Ivory Coast, also known as Côte d'Ivoire, officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital is Yamoussoukro, in the centre of the country, while its largest city and economic centre is the port city of Abidjan. It borders Guinea to the northwest, Liberia to the west, Mali to the northwest, Burkina Faso to the northeast, Ghana to the east, and the Gulf of Guinea (Atlantic Ocean) to the south. Its official language is French, and indigenous languages are also widely used, including Bété, Baoulé, Dioula, Dan, Anyin, and Cebaara Senufo. In total, there are around 78 different languages spoken in Ivory Coast. The country has a religiously diverse population, including numerous followers of Christianity, Islam, and indigenous faiths. Before its colonization by Europeans, Ivory Coast was home to several states, including Gyaaman, the Kong Empire, and Baoulé. The area became a protectorate of France in 1843 ...
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