Eternity Law International Banks for sale For sale bank in Dominica

For sale bank in Dominica

Published:
January 30, 2023

Bank in Dominica for sale is a full-service universal bank established in 2021.

Other licenses held are:

  • License to conduct trust business;
  • Digital Currency Purchase, Sale, Deposits, Withdrawal, Transfer, Hypothecation, Exchanges;
  • Custody Services license;
  • Licenses (automatically) expandable, upon need, for the golden Visa/passport issuance.

Investment Rationale

The Bank has targeted three Priority Client Sectors as part of its strategic plan:

A separate Strategic Planning Note is available on each of these Priority Client Sectors. Each Sector Strategy includes detailed pro-active measures to:

  1. Mitigate banking and payments risk and friction by defining client types and marquee lead customers to tailor compliance and operating measures into a specialized program;
  2. Secure a mix of core services alongside one or two uniquely provided services, (unique by quality or novelty) with full transparency of client type to third-party service providers;
  3. Repeat the Sector Program with controlled and disciplined qualification to successive rounds of new clients only within conforming sub-groups rather than the full niche;
  4. collaborate with service providers, marketing, and other hubs already active in niches by offering co-branded full-suite programs and curated select services.

Current Financials of the Bank in Dominica for sale

Financial analysis and projections are provided under separate cover. The bank is very well capitalized and is well within all banking ratio requirements and best practices.

Taxation

  • No income tax;
  • No capital gains tax;
  • No tax, duty, or impost upon the increment in the value of the property or other assets locally in elsewhere.

Timeline to closing

Significant milestones have already concluded with Closing and final approval for Change in Control planned for 60 days from final commitments.

With audited financials and well-documented adherence to banking regulations, the due diligence is focused on the confirmation of risks in loan portfolios. Regulatory approval for change in beneficial owners is streamlined by comprehensive due diligence packages and Strategic Plan.

Documents available in the dataroom:

  • Articles of Incorporation
  • Certificate of Solvency filed in March 2022
  • 2021 Audited financials
  • Registrars Certificate
  • Resolution pertaining to the name change
  • A copy of the license to conduct trust business
  • Certificate of Amendment
  • Articles of Association

Asking price – on request.

Details of the bank in Dominica for sale: e-mail: nick.b@eternitylaw.com / Telegram: @beihuln

Feel free to join our Telegram channel in order to keep updated on new offers and ready-made companies for sale. Every week we have a new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

You could be interested

Ready made fintech company with own SWIFT for sale in Namibia

Ready made fintech company with own SWIFT for sale in Namibia This is a great offer for entrepreneurs looking to start their own banking business. The new owner will be able to open an account for he/her clients at the very initial stage in just a few minutes. Each account brings good profit. The client...

Denmark Licensed Credit Broker for Sale

An opportunity to acquire a licensed credit broker in Denmark. This ready-made company is regulated by the Financial Supervisory Authority (FSA) and includes key individuals who are ready to stay on, ensuring a smooth transition and continued operational success. Key Features of this Ready-Made Denmark Licensed Credit Broker for Sale Licensing and Compliance License Type:...

EMI License in Switzerland

Switzerland’s enduring reputation in the world of finance and its consistent economic stability have made it a prominent choice. For enterprises with ambitions in the European financial landscape, the Swiss Electronic Money Institution (EMI) license presents a captivating opportunity. In the following sections, we will delve into the intricacies of securing an EMI license in...

UK 750k Market Maker License for Sale

Unlock the opportunity to acquire a prestigious UK 750k Market Maker license, offering extensive permissions and operational capabilities within the financial services sector. With key points including a long-standing license, diverse permissions, active business operations, and banking relationships, this offering presents a compelling investment opportunity. Key Points: License Type: FPRU 750k license (market maker), granting...

Bank for sale in Ukraine

Below you can see the basic information regarding the bank for sale in Ukraine  Bank in Ukraine for sale – what’s included: Ukrainian operational bank for sale; Bank is 10+ years old; The bank has 50+ branches and 400 employees; Own buildings; Bank is in good standing; Share capital is fully formed: Bank is the...

Ukrainian company with MT5 main label for sale

Below is the general information regarding Ukrainian company with MT5 main label for sale. Company with MT5 main label for sale: details of the transaction Type of the license: Main Label License; Year and place of registration: 2020, Ukraine; Software: Metaquotes issued in 2020; Markets: Japan and Taiwan market; MT5 has 25000 accounts; The KYC...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7