Bank in Africa for Sale

Key details

• Incorporated: March 2015, when operations also began
• SWIFT: connected and active, with full membership already in place
• Current activity: operations on a limited scale
• Standing: good
• Currencies: access to global currencies around the world
• Sale: the banking licence together with its infrastructure

Why this banking licence

• A strategic position where Africa, the Middle East and Asia meet
• The jurisdiction is politically stable and its policies are pro-business

Suitable for

• Investors who want to enter banking in Africa or internationally
• Institutions growing their correspondent banking networks
• Fintechs that need a licensed infrastructure to run payments globally

Buyer requirements

Note that further details are released only once the buyer provides a KYC package made up of an NDA, proof of funds and a passport.