July 25, 2014 1:22 PM ET

Banks

Company Overview of Banco Caboverdiano de Negocios

Company Overview

Banco Caboverdiano de Negocios operates as a bank, which provides depository and loan services. The bank is headquartered in Praia, Cape Verde. Banco Caboverdiano de Negocios operates as a subsidiary of Sociedade de Estudos e Promoção de Investimentos.

Avenida Amílcar Cabral, 97

Praia,  

Cape Verde

Phone:

238 261 26 65

Fax:

238 261 26 65

Key Executives for Banco Caboverdiano de Negocios

Banco Caboverdiano de Negocios does not have any Key Executives recorded.

Banco Caboverdiano de Negocios Key Developments

BCN Draws Interest From Potential Buyers

More than 20 entities are interested in acquiring Banco Caboverdiano de Negocios (BCN), bulk of them being Africa based. Two of the potential buyers for the 51% stake held by Banco International do Funchal SA-Banif (ENXTLS:BANIF) in BCN are Ecobank Transnational Incorporated (GHSE:ETI) and Banco BIC, SA. The process is still in its early stages, with Banif making initial contacts with interested parties in order to launch the foundation for negotiations. This week, the chairman of Banif announced that interest had already been expressed in BCN and that he had sent information on the bank to potential buyers. The sale of BCN is a part of the restructuring plan Banif is negotiating with the European Union.

Similar Private Companies By Industry

Company Name Region
Banco Caboverdiano de Negocios Middle East/Africa
Caixa Economica De Cabo Verde S.A. Middle East/Africa
BPN - Ifi, S.A. Middle East/Africa
Banco Comercial do Atlântico, SARL Middle East/Africa

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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