Venture capital (VC) is money provided to seed early-stage, emerging and emerging growth companies. Venture capital funds invest in companies in exchange for equity in the companies they invest in, which usually have a novel technology or business model in high technology industries, such as biotechnology and IT. The typical venture capital investment occurs after a seed funding round as the first round of institutional capital to fund growth (also referred to as Series A round) in the interest of generating a return through an eventual exit event, such as an IPO or trade sale of the company. Venture capital is a type of private equity.
In addition to angel investing, equity crowdfunding and other seed funding options, venture capital is attractive for new companies with limited operating history that are too small to raise capital in the public markets and have not reached the point where they are able to secure a bank loan or complete a debt offering. In exchange for the high risk that venture capitalists assume by investing in smaller and less mature companies, venture capitalists usually get significant control over company decisions, in addition to a significant portion of the companies' ownership (and consequently value).
Capital Bank Limited, commonly known as Capital Bank, is a commercial bank in Botswana. It is owned by First Merchant Bank of Malawi, and others, including Botswana nationals. In that respect, it is one of the few commercial banks in Botswana, in which nationals of Botswana own a stake.
The bank began operations in 2008, following the issuance of its banking license by the Bank of Botswana, the national banking regulator. Capital Bank introduced Internet banking in 2009 and VisaDebit Cards in 2010.
Among the shareholders of Capital Bank are First Merchant Bank of Malawi (FMB), a leading financial services provider in Malawi, whose shares are listed on the Malawi Stock Exchange. Other share holders include Mmapula Modise, a national of Botswana, Raj Patel both resident in Botswana. The table below summarizes the shareholders of Capital Bank.
As of July 2011, Capital Bank maintains its headquarters at 17954 Old Lobatse Road, Gaborone, Botswana's capital city and another branch in Francistown, Botswana's second-largest city, in the northeast of the country. The list of branches of the bank are at the following locations:
Capital Bank, S.A. is a commercial bank based in Pétionville, Haiti. It is currently the third largest in term of assets among Haiti's private commercial banks.
The bank started its operations in 1986 as a Savings and Loan institution under the name Banque de Crédit immobilier (BCI). In 1999, it changed its charter to become a full fledged commercial bank operating under the name Capital Bank. Currently, Capital Bank has 18 branches throughout Haiti. In addition to its commercial banking operations, Capital Bank is present in the following specific financial areas: