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List Of Investment Banks In Gambia

Published by Gbaf News

Posted on October 30, 2012

1 min read

· Last updated: September 24, 2024

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Access Bank
Arab Gambia Islamic Bank
Bank PHB
Banque Sahélo-Saharienne pour l’Investissement et le Commerce
Central Bank of the Gambia
Ecobank
First International Bank
Guaranty Trust Bank
International Commercial Bank
Prime Bank
Skye Bank
Standard Chartered Bank
Trust Bank Limited
Zenith Bank

Key Takeaways

  • The Gambia hosts a diverse array of commercial banks including both local and international institutions.
  • The list includes both conventional and Islamic banking models.
  • Some entities in the original list, such as Prime Bank (Gambia), have ceased operations.
  • The Central Bank of The Gambia plays a regulatory and infrastructural role, not commercial banking.
  • Recent verified sources confirm about 12–13 commercial banks operating in the country.

References

Frequently Asked Questions

How many commercial banks currently operate in The Gambia?
According to the Central Bank and recent data, there are about 12 licensed commercial banks operating in The Gambia, with some sources listing up to 13 including new entrants.
Is Prime Bank (Gambia) still operational?
No — Prime Bank (Gambia), established in 2009, was closed down in January 2013 after investors withheld capital to meet regulatory requirements.
Does The Gambia have an Islamic bank?
Yes — Arab Gambia Islamic Bank (AGIB) is the country’s Islamic bank, offering Sharia-compliant services.
What role does the Central Bank of The Gambia play?
The Central Bank regulates and supervises commercial banks, manages currency (dalasi), interest rates, and financial infrastructure.

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