Bank in Seychelles for sale

Seychelles licenses its banks under a framework that the Central Bank of Seychelles supervises. Whether a bank offers domestic banking, international banking or both depends on its licence and the business activities approved for it.

Key details

• Licence: an active banking licence in Seychelles
• Founded: 2015
• Supervisor: Central Bank of Seychelles
• Approximate figures: share capital USD 10 million, annual turnover USD 4–6 million, net profit USD 500,000–800,000
• Currencies: USD, EUR and GBP
• Clients: corporate and private
• Core banking system: up and running
• Payments: SWIFT and correspondent banking in place; Visa and Mastercard through banking partners

Banking and payments

The bank’s set-up suits corporate and international banking: it works in several currencies and has infrastructure for international payments.

Activities

• Banking for corporate clients, and international banking
• Deposit-taking and lending
• Trade finance and foreign exchange
• Card services and international payments

Advantages

• A banking licence from Seychelles, an established financial centre
• An active banking structure that is already regulated
• SWIFT connectivity and correspondent banking, with potential to build a correspondent banking network
• Operations in several currencies
• A client base that is already established
• Potential for international banking