BGAGBeteiligungsgesellschaft der Gewerkschaften AG (German: Investment Company of Trade Unions)
BGAGBusiness Government Advisory Group (Australia)
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BGAG owns 50 percent of Bank; BHW owns 40 percent of Bank.
BGAG and BHW are considered financial holding companies under German law and, accordingly, are subject to supervision by the German Federal Banking Supervisory Office.
BGAG head Jonathan Lang said the group is continuing to seek expansion prospects, with the aim to develop a pan-African legal services group across the region.