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Type | Public |
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GSE: TBL | |
Industry | Financial services |
Founded | 1997 |
Headquarters | 34 Ecowas Avenue Banjul, the Gambia |
Key people | Ken Afori Atta Chairman Pa Macoumba Njie Managing Director [1] |
Products | Loans, Checking, Savings, Investments, Debit Cards |
Revenue | ![]() |
Total assets | US$121.4 million (GMD:4.75 billion (2013) |
Number of employees | 240+ |
Website | Homepage |
Trust Bank (Gambia) Limited, commonly known as Trust Bank Limited (TBL), but also referred to as Trust Bank (Gambia), is a private commercial bank in the Gambia. It is one of the fourteen (14) commercial banks licensed by the Central Bank of the Gambia, the national banking regulator. [2]
Trust Bank Limited was founded in 1997 by private investors, with the objective of offering banking services to local and International individuals and businesses in a timely, professional, courteous manner, in a profitable framework. At its inception, Trust Bank acquired the assets and liabilities of the defunct Meridian Biao (Gambia) Bank. In 2002, the shares of stock of Trust Bank Gambia Limited were listed on the Ghana Stock Exchange (GHA), where they trade under the symbol: TBL.
Trust bank is a medium-sized financial services provider in the Gambia. As of December 2013, the bank's total asset valuation was about US$121.4 million (GMD:4.75 billion), with shareholders' equity in excess of US$11.3 million (GMD:440.2 million). [3] The bank is one of the largest commercial banks in the Gambia, both by asset size and by branch network. [4]
The bank has over 1,000 shareholders with the largest shareholder being the Social Security and Housing Finance Corporation, (SSHFC) of the Gambia. The table below outlines the shareholding in the bank's stock. [5]
Trust Bank (Gambia) Stock Ownership | |||||||||||||||||||||||||||
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As of April 2014 [update] , the bank maintains branches at the following locations: [6] [7]
Banjul, officially the City of Banjul, is the capital and fourth largest city of The Gambia. It is the centre of the eponymous administrative division which is home to an estimated 400,000 residents, making it The Gambia's largest and most densely populated metropolitan area. Banjul is on St Mary's Island, where the Gambia River enters the Atlantic Ocean. The population of the city proper is 31,301, with the Greater Banjul Area, which includes the City of Banjul and the Kanifing Municipal Council, at a population of 413,397. The island is connected to the mainland to the west and the rest of Greater Banjul Area via bridges. There are also ferries linking Banjul to the mainland at the other side of the river.
The Trans-Gambia Highway is the most important road in The Gambia, running across the centre of the nation in a north–south direction.
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