Financial Bank Benin is a

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with cor ...

Benin Benin ( , ; french: Bénin , ff, Benen), officially the Republic of Benin (french: République du Bénin), and formerly Dahomey, is a country in West Africa. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north ...

. It is a member of the

West African Bankers' Association The West African Bankers' Association (WABA; french: Association des banques de l'Afrique de l'ouest (ABAO)) is a professional association of banking and financial services and institutions in West Africa. It has its headquarters and offices in ...

. It has its headquarters in

Cotonou Cotonou (; fon, Kútɔ̀nú) is a city in Benin. Its official population count was 679,012 inhabitants in 2012; however, over two million people live in the larger urban area. The urban area continues to expand, notably toward the west. The ci ...

but also has branches in cities such as

Parakou Parakou is the largest city in northern Benin, with an estimated population of around 206,667 people, and capital of the Borgou Department. Administratively the commune of Parakou makes up one of Benin's 77 communes. Since 2015, its mayor is Sour ...

. The bank is dominated by

Swiss Swiss may refer to: * the adjectival form of Switzerland * Swiss people Places * Swiss, Missouri * Swiss, North Carolina *Swiss, West Virginia * Swiss, Wisconsin Other uses *Swiss-system tournament, in various games and sports *Swiss Internation ...

ownership, with Financial BC in Geneva having an 85% share, Aiglon S.A. in Geneva with 15% and private French shares (0.01%). The bank has a 25% share in the Benin

microfinance Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings ...

group Finadev.

References

Banks of Benin Companies based in Cotonou {{benin-stub