BNCNBirmingham New Communities Network (UK)
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BNCN was launched at the Banqueting Suite at Birmingham's Council House last night at an event attended bycommunity leaders and representatives from refugee groups.
Abdirahman Ali, chairman of BNCN, said the organisation would help refugees integrate into society better.
Under the agreement, Bank of North Carolina, a subsidiary of BNCN, will purchase three branches in Asheboro, North Carolina and one each in Burlington, Mebane and Randleman, North Carolina, as well as USD168m in loans and USD270m in deposits.