The Malian Solidarity Bank (french: La Banque malienne de solidarité or ) is a
Malian company created in 2002 through an initiative of President
Alpha Oumar Konaré. This socially activist bank, based on a
Tunisian model, has the struggle against
poverty
Poverty is the state of having few material possessions or little income. Poverty can have diverse social, economic, and political causes and effects. When evaluating poverty in ...
and
unemployment as its main objective.
The housing bank, founded in 1996, has services which include financing, coordination, and support for small businesses or private individuals, particularly those from disadvantaged groups. The bank offers loans at favorable conditions, asking for less
collateral
Collateral may refer to:
Business and finance
* Collateral (finance), a borrower's pledge of specific property to a lender, to secure repayment of a loan
* Marketing collateral, in marketing and sales
Arts, entertainment, and media
* ''Collate ...
and a lower
interest rate than other banks. It also acts as a savings bank.
In November 2021, Lanfia Coulibaly succeeded Alioune Coulibaly at the head of the Malian Solidarity Bank.
In 2004, the bank had seven branches throughout Mali, as well as a capital of four billion
Central African Francs.
The bank has branch offices in
Bamako,
Segou,
Kayes,
Koulikoro,
Kidal,
Mopti
Mopti ( Bambara: ߡߏߕߌ tr. Moti) is a town and an urban commune in the Inner Niger Delta region of Mali. The town is the capital of the Mopti Cercle and the Mopti Region. Situated 630 km northeast of Bamako, the town lies at the conflue ...
, and
Sikasso.
References
Banks of Mali
Banks established in 1996
1996 establishments in Mali
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