Type Public Industry Financial Services Founded 1997 | Traded as GSE: TBL Headquarters Banjul Number of employees 240 | |
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Key people Ken Afori Atta
Chairman
Pa Macoumba Njie
Managing Director Products Loans, Checking, Savings, Investments, Debit Cards Revenue :Aftertax:US$3.57 million (GMD:139.6 million) (2013) | ||
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.
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History
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.
Overview
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). The bank is one of the largest commercial banks in the Gambia, both by asset size and by branch network.
Ownership
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.
Branch network
As of April 2014, the bank maintains branches at the following locations:
- Head Office - 34 Ecowas Avenue, Banjul
- Bakau Branch - Sait Matty Road, Bakau
- Airport Branch - Banjul International Airport, Yundum
- Bakoteh Branch - Tipper Garage, Bakoteh
- Basse Santa-Su Branch - Upper River Division, Basse Santa-Su
- Brikama Branch - Western Region, Brikama
- Farafenni Branch - North Bank Region, Farafenni
- Kaloli/Senegambia Branch - Wilmon Company Building, Bertil Harding Highway, Kaloli
- Latrikunda Branch - Sabiji, Serrekunda
- Serrekunda Branch 2 - Sayerr Jobe Avenue, Saho Kunda, Serrekunda
- Serrekunda Branch 3 - Westfield Junction, Serrekunda
- Soma Branch - Lower River Region, Soma