Prime Bank (Gambia) Limited, commonly known as Prime Bank (Gambia), was a private commercial bank in the Gambia. It was the 12th commercial bank to be licensed in the country. The bank was a subsidiary of the now defunct Lebanese Canadian Bank (LCB).[1]
The Lebanese Canadian Bank (LCB), the parent company of Prime Bank (Gambia), operated from 1968 through 1988 as a subsidiary of the Royal Bank of Canada Middle East. LCB was among the top ten league banks in Lebanon, known as the Alpha Group, but was shut down after the intervention of the U.S. Law enforcement and regulatory community. Prime Bank (Gambia) was LCB's first African subsidiary. LCB has been working to set up a subsidiary sn in the Democratic Republic of the Congo (DRC).[2] In January 2013, in light of US investigations, the investors in the institution decided to close down the bank by withholding new capital injection, to meet new capital requirements by the Central Bank of The Gambia (CBG).[3]
prime, bank, gambia, limited, commonly, known, private, commercial, bank, gambia, 12th, commercial, bank, licensed, country, bank, subsidiary, defunct, lebanese, canadian, bank, limitedtypeprivateindustryfinancial, servicesfounded2009headquarters42, kairaba, a. Prime Bank Gambia Limited commonly known as Prime Bank Gambia was a private commercial bank in the Gambia It was the 12th commercial bank to be licensed in the country The bank was a subsidiary of the now defunct Lebanese Canadian Bank LCB 1 Prime Bank Gambia LimitedTypePrivateIndustryFinancial servicesFounded2009Headquarters42 Kairaba Avenue Serrekunda GambiaProductsLoans Checking Savings Investments Debit CardsWebsiteNone Contents 1 History 2 External links 3 See also 4 ReferencesHistory editThe Lebanese Canadian Bank LCB the parent company of Prime Bank Gambia operated from 1968 through 1988 as a subsidiary of the Royal Bank of Canada Middle East LCB was among the top ten league banks in Lebanon known as the Alpha Group but was shut down after the intervention of the U S Law enforcement and regulatory community Prime Bank Gambia was LCB s first African subsidiary LCB has been working to set up a subsidiary sn in the Democratic Republic of the Congo DRC 2 In January 2013 in light of US investigations the investors in the institution decided to close down the bank by withholding new capital injection to meet new capital requirements by the Central Bank of The Gambia CBG 3 External links editPrime Bank Gambia Opened List of licensed banks in the Gambia Prime Bank Gambia HomepageSee also edit nbsp The Gambia portal nbsp Banks portalList of banks in GambiaReferences edit About Prime Bank Gambia Archived 2014 07 19 at the Wayback Machine History of Prime Bank Gambia Archived 2014 07 19 at the Wayback Machine Gambia Depositors Told to Withdraw Savings From Prime Bank The Point Banjul 2013 01 22 Retrieved 2017 09 07 nbsp This Gambia related article is a stub You can help Wikipedia by expanding it vte nbsp This African bank or banking related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Prime Bank Gambia amp oldid 1029614010, wikipedia, wiki, book, books, library,
