Banque Internationale du Bénin
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Banque Internationale du Bénin (B.I.B.E.) is a national
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 ...
of
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 at Carrefour des 3 Banques 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
Porto-Novo Porto-Novo (Portuguese: "New Port", , ; yo, Àjàṣẹ́, ), also known as Hogbonu and Ajashe, is the capital of Benin. The commune covers an area of and as of 2002 had a population of 223,552 people. Situated on an inlet of the Gulf of Gu ...
and
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 ...
.
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