A banking structure for your business needs
NAAC supports the establishment and acquisition of banks in Africa for businesses with substantial capital and international payment needs. Options depend on the licence, jurisdiction and regulator's decisions. The team's experience includes establishing four banks in four jurisdictions and two registered branches in Moscow.
What we analyse
The bank's brand and history, branches and representative offices, core services, capital, net profit, assets, own funds, client funds and fees. For a new bank, we define the business model and participants.
Initial requirements
We need the project objectives, preferred countries and branch locations, prospective shareholders' details, citizenship and residence, bank management experience and evidence of the source of capital. KYC procedures and local supervisory requirements apply; foreign ownership may be restricted.
Timeline and capital
Indicative project preparation time is 3-6 months. Capital requirements depend on the jurisdiction and licence category and may range from EUR 1 million to several hundred million euros. Services include capital structuring up to USD/EUR 2 billion. Timelines and capital amounts are determined after selecting the jurisdiction and document requirements.