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List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banco Do Brasil
Banco do Brasil S.A. ( en, Bank of Brazil) is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on Wednesday, 12 October 1808. It is the first largest banking institution in Brazil, as well as the first largest in Latin America, and the seventieth largest bank in the world. Banco do Brasil is controlled by the Brazilian government and is listed at the B3 stock exchange in São Paulo. It has been one of the four most profitable Brazilian banks since 2000 (along with Itaú Unibanco, Banco Bradesco and Banco Santander) and holds a strong leadership position in retail banking. History Banco do Brasil was founded in 1808 by then prince regent John (later King John VI of Portugal) to finance the kingdom's public debt when he moved from Europe to Brazil. "As a mixed institution under state control, the Banco do Brasil ...
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United Bank For Africa
United Bank for Africa Plc (UBA) is a Multinational pan-African financial services group headquartered in Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. In December 2021, UBA received its banking license to commence operations in the UAE. It is listed as commercial bank by the Central Bank of Nigeria. The shares of stock of the group are listed on the Nigerian Stock Exchange, where they trade under the symbol: UBA. The Group Chairman of the bank is Tony Elumelu and the GMD/CEO is Oliver Alawuba. Current executives The table below shows the current Group Board of United Bank for Africa: Overview United Bank For Africa is a large financial services group in Nigeria and on the African continent. As of December 2021, the group's financial assets were valued at ₦8.5 trillion (US$20.1 billion), with shareholders' equity of ₦724.1 billion (US$1.8 billion). At that time the group ...
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Financial Bank Bénin
Financial Bank Benin is a commercial bank in Benin. It is a member of the West African Bankers' Association. It has its headquarters in Cotonou 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 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 group Finadev. References Banks of Benin Companies based in Cotonou {{benin-stub ...
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Ecobank
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom. Overview ETI is a large financial services provider with offices in 36 countries around the world, and presence in 36 sub-Saharan countries. , ETI's customer base was estimated at 13.7 million, with 9.6 million (70.2%), located in Nigeria, the continent's most populous nation. ETI's branch network numbered 1,305, with 1,981 networked ATMs. Group network , Ecobank Transnational had banking operations in 36 African countries, with representative offices in Angola, Beijing, Dubai, Ethiopia, South Africa and the United Kingdom: Ecobank Tra ...
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Diamond Bank
Diamond Bank Plc., was a Nigerian multinational financial service provider. Diamond Bank was acquired by Access Bank in December 2018, and announced to complete the transactions of the merger fully in the first half of 2019. On 1 April 2019, Diamond Bank was fully merged with Access Bank to build a new entity while retaining the name of Access Bank with a logo that took the form of Diamond Bank. Overview The bank provides financial services. Its headquarters is located in Calabar, Nigeria. As at June 2013, the bank operated 267 branches in Nigeria. Leadership Uzoma Dozie is the CEO. The other board of directors is Mrs. Caroline Anyanwu, Mrs. Chizoma Okoli, Mr. Chiugo Ndubisi, Mr. Kabir Alkali Mohammed, Mr. Damian Dolland, Mr. Dele Babade, Mr. Christopher Ubosi, and Mr. Idris Mohammed. See also * List of banks in Nigeria * List of banks in Africa * Central Bank of Nigeria * Economy of Nigeria The Economy of Nigeria is a middle-income, mixed economy and emerging mark ...
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BGFIBank Group
BGFIBank Group, whose full name is BGFIBank Group S.A., is a financial services organization headquartered in Gabon. The group has subsidiaries in eight countries including Gabon, Benin, Republic of the Congo, Democratic Republic of the Congo, Equatorial Guinea, Madagascar, France and Cote d'Ivoire. Overview BGFIBank Group is a large financial services conglomerate in Central, West and East Africa, with subsidiaries in ten countries. The member institutions serve both individuals and businesses, with emphasis on small-to-medium enterprises (SMEs). As of December 2010, the Group's assets were in excess of €3.7 billion. In January 2010, BGFIGroup was rated the largest bank group in Central Africa, by assets. History In 1971, the group started with one institution in Gabon called Bank of Paris and the Netherlands Gabon. That first bank was a joint venture between several private Gabonese investors, BNP Paribas and the Netherlands. The group's first subsidiary was set up ...
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Banque Sahélo-Saharienne Pour L'Investissement Et Le Commerce
Banque Sahélo-Saharienne pour l'Investissement et le Commerce is a commercial bank and investment bank serving several nations in Saharan and Sahelian Africa. The bank's headquarters are located in Libya. Branches A list of branches of BSIC with corresponding links to their AfricaPhonebook Annuaires Afrique (French), or AfricaPhonebooks (English), is a group of African online telephone directories owned by The Global Super Pages. It currently serves the following areas: *Benin *Burkina Faso *Burundi *Cameroon *Chad *Central Africa ... pages. * BSIC Guinée * BSIC Bénin * BSIC Burkina Faso * BSIC Tchad * BSIC Togo * BSIC Ghana * BSIC Libye * BSIC MaliAbout BSIC Mali
* BSIC Niger *
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Banque Internationale Du Bénin
Banque Internationale du Bénin (B.I.B.E.) is a national bank of Benin. It is a member of the West African Bankers' Association. It has its headquarters at Carrefour des 3 Banques in Cotonou but also has branches in Porto-Novo and Parakou. Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ... dominates the bank, with the First Bank of Nigeria Plc. having a 13.6% share, the Union Bank of Nigeria Plc. (13%), Nigerian Economic Operatives (47.7%), Nigerian Bureau of Public Enterprises (6.7%), and then the First Interstate Merchant Bank Ltd. (11.1%) and finally the Beninese Economic Operatives with 8.2%. References Banks of Benin Companies based in Cotonou * Banque Capitale Du Benin {{benin-stub ...
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Banque Atlantique
Atlantic Bank Group, commonly known by its French name Groupe Banque Atlantique, is a West African financial services conglomerate, headquartered in Lome, Togo. The Group consisting of banks and other financial services companies in Cote d'Ivoire, Benin, Niger, Burkina Faso, Mali, Togo, Senegal and Cameroon. Overview The Group is a large financial services provider in West Africa and Central Africa, with emphasis on retail banking, but offering a full range of financial products. The group maintains in excess of 150 branches in the 8 countries that it serves. The Group's shareholder's equity is in excess of US$122 million, as of October 2010. History The first bank that the group established was Atlantic Bank Cote d'Ivoire ''(Banque Atlantique Cote d'Ivoire)'' (BACI), which was founded in 1978. In 1997, the Group acquired the assets of Barclays Bank in Cote d'Ivoire, keeping the new acquisition separate, but renaming it COBACI. In 2001, the Group created a joint stock with th ...
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Bank Of Africa
Bank of Africa (BOA) is a Moroccan banking conglomerate headquartered in Casablanca, Morocco, with banking operations in Morocco and eighteen other African countries. Its main predecessor entities started in 1959 in Morocco and in 1982 in Mali. Until 2020 the group parent entity was known as the Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Trade"), a name that lingers as "BMCE Group" in the BOA brand identity as of 2022. BOA has offices in Europe, Asia, France, Spain, United Kingdom, China, Italy, Germany, UAE, Belgium, Canada and Netherlands. History BMCE was created in 1959, shortly after the country's independence, and listed on the Casablanca Stock Exchange in 1974. In 1995, it was privatized and became controlled by Moroccan businessman Othman Benjelloun through insurer . BOA's initial bank in Sub-Saharan Africa was established in late 1982, in Bamako, Mali, by local businesspeople. It was formed to address the scarcity of banking services ...
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African Investment Bank
The African Investment Bank (AIB) is one of three financial institutions of the African Union (AU) along with the African Monetary Fund and the African Central Bank. It will be headquartered in Tripoli, Libya.M. Mkwezalamba CAMEF II 2006 Background The Lome Summit (2000) adopted the Constitutive Act of the African Union, which specifies the objectives, principles, and organs of the AU. Twenty-seven African countries signed the act, which provided for establishing a wide variety of institutions, including the Pan-African Parliament; Court of Justice; African Central Bank; African Monetary Fund; and African Investment Bank. In 2005, the AU held a meeting of independent experts in Addis Ababa, Ethiopia, to consider concept papers and draft Protocols prepared by the African Union Commission (AUC) regarding the three institutions. The AU also determined seats for the financial institutions, the African Central Bank (Nigeria), the African Investment Bank (Libya), and the African M ...
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