Prime Bank (Gambia)
Encyclopedia
Prime Bank Limited, commonly known as Prime Bank (Gambia), is a private commercial bank in the Gambia
. It is the 12th commercial bank to be licensed in the country. The bank is a subsidiary of Lebanese Canadian Bank (LCB).
.
LCB is now among the top ten league banks in Lebanon
, known as the Alpha Group, and currently has a network of about 35 branches in Lebanon
with about 600 permanent employees. Prime Bank (Gambia) is LCB's first African subsidiary. LCB is now working to set up a subsidiary sn in the Democratic Republic of the Congo
(DRC).
The Gambia
The Republic of The Gambia, commonly referred to as The Gambia, or Gambia , is a country in West Africa. Gambia is the smallest country on mainland Africa, surrounded by Senegal except for a short coastline on the Atlantic Ocean in the west....
. It is the 12th commercial bank to be licensed in the country. The bank is a subsidiary of Lebanese Canadian Bank (LCB).
History
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 EastRoyal Bank of Canada
The Royal Bank of Canada or RBC Financial Group is the largest financial institution in Canada, as measured by deposits, revenues, and market capitalization. The bank serves seventeen million clients and has 80,100 employees worldwide. The company corporate headquarters are located in Toronto,...
.
LCB is now among the top ten league banks in Lebanon
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
, known as the Alpha Group, and currently has a network of about 35 branches in Lebanon
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
with about 600 permanent employees. Prime Bank (Gambia) is LCB's first African subsidiary. LCB is now working to set up a subsidiary sn in the Democratic Republic of the Congo
Democratic Republic of the Congo
The Democratic Republic of the Congo is a state located in Central Africa. It is the second largest country in Africa by area and the eleventh largest in the world...
(DRC).