Trust Bank PLC (Gambia), formally known as Trust Bank Ltd (TBL), but also referred to as Trust Bank (Gambia), is a private commercial bank in the Gambia. It is one of the twelve commercial banks licensed by the Central Bank of the Gambia, the national banking regulator.
History Trust Bank Limited was founded in 1997 by private investors, with the objective of offering banking services to local and International individuals and businesses in a timely, professional, courteous manner, in a profitable framework. At its inception, Trust Bank acquired the assets and liabilities of the defunct Meridian Biao (Gambia) Bank.
In 2002, the shares of stock of Trust Bank Gambia Limited were listed on the Ghana Stock Exchange (GHA), where they trade under the symbol: TBL.
Overview Trust bank is a medium-sized financial services provider in the Gambia. As of December 2013, the bank's total assets were valued at approximately US$121.4 million (GMD:4.75 billion), and its shareholders' equity exceeded US$11.3 million (GMD:440.2 million). The bank is one of the largest commercial banks in the Gambia, both by asset size and by branch network. As of December 2024, their total assets reached GMD12.8 billion, marking a 11.1% increase from the previous year. They also successfully upgraded their core banking system of Flexcube from lower version to the latest.
The bank has the following correspondent banks:
Ghana International Bank - London Ghana Commercial Bank - Accra, Ghana Unicredit Italiano - Milan, Italy Skandinaviska - Stockholm Zhejiang Chouzhou Commercial Bak - China Ecobank Senegal - Dakar Afexim Bank - Cairo, Egypt Aktif Bank - Istanbul
Ownership The bank has over 1,000 shareholders with the largest shareholder being the Social Security and Housing Finance Corporation, (SSHFC) of the Gambia.
Branch network , the bank maintains branches at the following locations:
Head Office - 34 Ecowas Avenue, Banjul Bakau Branch - Sait Matty Road, Bakau Airport Branch - Banjul International Airport, Yundum Bakoteh Branch - Tipper Garage, Bakoteh Basse Santa-Su Branch - Upper River Region, Basse Santa Su Brikama Branch - West Coast Region, Brikama Farafenni Branch - North Bank Region, Farafenni Kololi/Senegambia Branch - Wilmon Company Building, Bertil Harding Highway, Kololi Latrikunda Branch - Sabiji, Serrekunda Serrekunda Branch 2 - Sayerr Jobe Avenue, Saho Kunda, Serrekunda Serrekunda Branch 3 - Westfield Junction, Serrekunda Soma Branch - Lower River Region, Soma Lamin Branch - Lamin Highway Serrekunda Market - Serrekunda Mosque Road Bundung - Bundung Highway Brusubi Branch - Turntable Opposite Africmed Clinic Sinchu Branch - Coastal Road at The Turntable Barra Branch - Barra, North Bank Region
See also List of banks in the Gambia Central Bank of the Gambia
References