The parent had headquarters in Zambia and subsidiary branches in Burkina Faso, Burundi, Cameroon, Gabon, Gambia, Ghana, Kenya, Niger, Sierra Leone, Swaziland, Tanzania and Togo.
MBB was a limited liability company with private and public shareholders, and had capital of 800 million BIF[b] when it was founded.
[2] Meridian Bank of Burundi began operations with 48% of shares owned by local private investors, an unexpectedly large percentage.
[1] Melchior Ndadaye, the future President of Burundi, took a correspondence course in banking at the Conservatoire National des Arts et Metiers in Paris between 1987 and 1992.
[5] He was then put in charge of credit review at Meridien Bank, a post he held when he was elected president in 1993.