Investor Inquiry into Banking Institution: XYZ Bank

The Central Bank of The Gambia has released a questionnaire to investors seeking to acquire more than 10% of the shareholdings of XYZ Bank, a banking institution in the country. The inquiry aims to gather information on the institution’s financial stability, governance, and reputation.

About XYZ Bank

Banking Institution

• Name: XYZ Bank
• Address: 123 Main Street, Banjul

Institutional History

• Names and addresses of bankers for the last 10 years:
  • ABC Bank, 456 High Street, Banjul
  • DEF Bank, 789 Beach Road, Banjul
• Names of Directors and Departments headed by them:
  • Director: John Doe, Head of Retail Banking
  • Director: Jane Smith, Head of Corporate Banking
  • Department: Risk Management

Shareholders

• Names of shareholders with significant shareholdings (more than 10%):
  • ABC Corporation, 12% stake
  • DEF Limited, 8% stake
• Total number of shares outstanding: 100 million
• Share price: GMD 50 per share

Investor Information

Investor’s Interests

• Names of institutions in which the investor has a significant shareholding (more than 10%):
  • None
• Has the institution or any institution in the same group failed to meet its obligations with creditors over the last 10 years? No
• Has the institution or any institution in the same group had a license revoked by The Central Bank of The Gambia or the banking supervisory authority in another jurisdiction, in the last 10 years? No
• Has a receiver/administrative receiver been appointed for the institution or any institution in the same group in The Gambia or in a jurisdiction outside The Gambia, in the last 10 years? No
• Has the institution or any institution in the same group been censored, warned, disciplined, or publicly criticized by a government department or agency, professional association, or regulatory authority? No

Investor’s Background

• Names and addresses of bankers for the last 10 years:
  • None
• Names of Directors and Departments headed by them:
  • None
• Has the investor failed to meet their obligations with creditors over the last 10 years? No
• Has the investor been adjudicated bankrupt by a court in The Gambia or in a jurisdiction outside The Gambia, in the last 10 years? No
• Has the investor been adjudged by a court in The Gambia or in a jurisdiction outside The Gambia, to be liable for any civil offenses towards any institution or its members? No

Additional Information

Please provide any other information that reasonably ought to be disclosed in assessing your fitness and propriety in becoming a Director or Senior Manager of XYZ Bank.

The Central Bank of The Gambia will review the responses to this questionnaire and use the information gathered to assess the suitability of the investor and their proposal for acquiring more than 10% of the shareholdings of XYZ Bank.