Century Commercial Bank Limited (CCBL) is a National Level Commercial bank established on January 23, 2011, with the objective of providing simplified banking services by taking advantage of innovations in information and communication technology. CCBL aims to extend its reach to the unbanked population of the country and is driven by the mission of “Saral banking sabaiko lagi” (simplified banking for all). The Bank has a network of 120 branches, 10 extension counters, 21 branchless banking and 88 ATMs across the country and offers a wide range of banking products in deposits, lending, and other value-added services such as internet/mobile banking, remittance, and branchless banking, etc. The Bank’s team comprises of more than 950 staff and caters to more than 500,000 customers. In line with the progressive strategy, the Bank is focused on implementing sustainable business practices and deliver consistent growth that is sustainable and profitable to all its stakeholders. CCBL operates in Finance, Financial Services, Insurance, Banking, and Wealth Management industries. Overall, Century Commercial Bank Limited presents a significant opportunity for investors with its strong focus on leveraging technology to provide simplified banking services and its extensive network across the country, catering to a sizable customer base. However, detailed financial performance and expansion plans will be crucial for evaluating its potential as a feasible investment opportunity for venture capitalists.
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