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Atlas Mara Limited, formerly referred to as Atlas Mara Co-Nvest Limited, [3] is a financial services holding company formed to undertake the acquisition of target banks in Africa. [ 4 ] The Group's headquarters are located in Tortola , British Virgin Islands , with subsidiaries and investments in Botswana , Germany , Mozambique , Nigeria ...
Atlas Mara Bank is a large retail bank serving individuals, small and medium sized enterprises, large corporations and government departments across Zambia. As of December 2016, the bank controlled US$616 million in assets. At that time its branch network totaled 65 full branches, 24 agencies and 177 automated teller machines.
Atlas Mara Limited: 2013 to date. On November 28, 2013, Diamond and Rwandan-based entrepreneur Ashish Thakkar founded Atlas Mara, a company whose focus is ...
In 2021, KCB Group successfully completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. In 2022, in line with its strategy for expansion and enhanced financial inclusion across the region, KCB Group successfully amalgamated Banque Populaire du Rwanda and KCB Bank Rwanda Plc to form BPR ...
Website. www.ashishjthakkar.com. Ashish J. Thakkar is an East African entrepreneur. [1][2] He is the founder of Mara Group and Mara Foundation and also a co-founder of Atlas Mara Limited. Thakkar was born in the United Kingdom, but he moved to East Africa as a teenager before founding Mara Group, a Pan-African conglomerate, at the age of 15. [3]
The bank is a medium-sized retail bank, serving the needs of Zambian companies, small and medium sized enterprises and individuals. As of December 2022 Access Bank Zambia had assets valued at ZMW:5,869,391,000 (approximately US$528.24 million), with shareholders equity of ZMW:962.87 million (US$86.66 million). [4]
Access Bank Zambia Limited [2] Atlas Mara Bank Zambia Limited [3] Bank of China Zambia Limited. Citibank Zambia Limited. Ecobank Zambia Limited. First Alliance Bank Zambia Limited. First Capital Bank Zambia Limited. First National Bank of Zambia Limited [4] Indo-Zambia Bank Limited.
On 31 March 2014, Atlas Mara Co-Nvest Limited announced its offer to acquire ABC Holdings Limited. Atlas Mara made direct agreements with existing shareholders to acquire up to 88 percent of the group and subsequently make a mandatory offer for the remaining 12 percent stake in BancABC. [ 7 ]