DIB also holds a 55 per cent stake in Bank of Khartoum, which will relaunch its retail business by mid-2006. The bank has 54 branches across Sudan and has undergone a complete restructuring since DIB acquired the government’s stake in mid-2005. Dubai-based GODO Research & Marketing Consultants (GRMC) conducted market analysis for DIB. Lebanese investment is also fuelling growth in the sector. Byblos Bank Africa, Byblos Bank’s Sudanese subsidiary, is increasing its presence in the country, with two new branches planned for Greater Khartoum, in addition to its headquarters in the city, and representative offices in Port Sudan and Juba. The bank, which was established in 2003, focuses on small businesses and offers trade and capital expenditure finance, as well as loans to the industrial sector. Byblos Bank Africa is also considering opportunities in West Africa.