Global Bank Liberia
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Global Bank Liberia Limited (GBLL), commonly referred to as Global Bank Liberia, is a
commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...
in
Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to its north, Ivory Coast to its east, and the Atlantic Ocean ...
. It is one of the commercial banks licensed by the
Central Bank of Liberia The Central Bank of Liberia is Liberia's central bank. Its current executive governor is J. Aloysius Tarlue. The offices of the bank are located in Monrovia, the capital of Liberia. The bank is a member of the Alliance for Financial Inclusion. ...
, the national banking regulator.


Overview

Global Bank Liberia is a private commercial bank. It was granted a banking license by the
Central Bank of Liberia The Central Bank of Liberia is Liberia's central bank. Its current executive governor is J. Aloysius Tarlue. The offices of the bank are located in Monrovia, the capital of Liberia. The bank is a member of the Alliance for Financial Inclusion. ...
on February 10, 2005. The majority shareholders of the bank were
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
ans who have investment interest in
Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
and have substantial investment in Liberia. In January 2009, the ownership of Global Bank Liberia Limited (GBLL) was transferred to Platinum Habib Bank ( Bank PHB). The takeover increased the bank's capital by US$8.5 million to US$10 million. The new corporate entity was known as ''Global Bank PHB'', between 2005 and 2011. Among the banking products on offer, is
Internet Banking Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial inst ...
and money transfer services under the
MoneyGram MoneyGram International, Inc. is an American cross-border Peer-to-peer, P2P payments and electronic funds transfer, money transfer company based in the United States with headquarters in Dallas, Dallas, Texas. It has an operations center in St. L ...
brand. When Bank PHB in Nigeria collapsed in August 2011, its interest in Global Bank Liberia was assumed by
Keystone Bank Limited Keystone Bank Limited, is a commercial bank in Nigeria. The bank is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. Overview Keystone Bank offers banking services to large corporations, publ ...
.


Ownership

Global Bank Liberia Limited, is a 100% subsidiary of
Keystone Bank Limited Keystone Bank Limited, is a commercial bank in Nigeria. The bank is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. Overview Keystone Bank offers banking services to large corporations, publ ...
, a large financial services provider based in
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
, with subsidiaries in
Gambia The Gambia,, ff, Gammbi, ar, غامبيا officially the Republic of The Gambia, is a country in West Africa. It is the smallest country within mainland AfricaHoare, Ben. (2002) ''The Kingfisher A-Z Encyclopedia'', Kingfisher Publicatio ...
,
Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to its north, Ivory Coast to its east, and the Atlantic Ocean ...
,
Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...
and
Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
.


Branch Network

, Global Bank Liberia maintains six branches, including at these locations: # Main Branch - 5th Street, Sinkor,
Monrovia Monrovia () is the capital city of the West African country of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the 2008 census had 1,010,970 residents, home to 29% of Liberia’s total population. As the ...
# Ashmun Branch - Ashmun Street,
Monrovia Monrovia () is the capital city of the West African country of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the 2008 census had 1,010,970 residents, home to 29% of Liberia’s total population. As the ...
# Redlight Branch - Redlight Market, Paynesville # Clara Town Branch -
Clara Town Clara Town is a slum located on Bushrod Island in Monrovia, the capital of Liberia. It is built upon a swamp. Clara Town was one of several ethnic communes that was squatted in the outskirts of Monrovia. Clara Town had around 4,500 inhabitants ...
,
Monrovia Monrovia () is the capital city of the West African country of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the 2008 census had 1,010,970 residents, home to 29% of Liberia’s total population. As the ...
# Buchanan Branch - Tubman Street
Buchanan Buchanan may refer to: People * Buchanan (surname) Places Africa * Buchanan, Liberia, a large coastal town Antarctica * Buchanan Point, Laurie Island Australia * Buchanan, New South Wales * Buchanan, Northern Territory, a locality * Buchanan ...
# Branch Number 6


See also

* Bank PHB *
Economy of Liberia The economy of Liberia is extremely underdeveloped, with only $3.222 billion by gross domestic product as of 2019, largely due to the First (1989–1996) and Second Liberian Civil War (1999–2003). Liberia itself is one of the poorest and lea ...
*
List of banks in Liberia This is a list of commercial banks in Liberia. Banks # Afriland First Bank Liberia # AccessBank Liberia # Ecobank Liberia # G N Bank (Liberia) # Guaranty Trust Bank Liberia # Global Bank Liberia # International Bank (Liberia) # Liberian Ban ...


References


External links


Global Bank Liberia Homepage
{{Portal, Banks Banks of Liberia Banks established in 2005 Companies based in Monrovia 2005 establishments in Liberia