Top List of Banks in Niger
Niger's economy is among the world's weakest and least developed but with vast natural resources. Primary resources include uranium, coal, iron ore, tin, phosphates, gold, and petroleum. With financial institutions thriving in this nation, banking has enabled the people to be financially secure and the economy to grow.
The Banque Centrale des Etats de l'Afrique de l'Ouest is the central bank and the supervisory authority for all commercial banks operating in Niger. It was established in 1959 with headquarters in Dakar and was initially charged with formulating monetary policy for all eight members of the West African Monetary Union (WAMU).
Bank of Africa Niger
Bank of Africa Niger is the largest bank in Niger. It is one of the Commercial Banks licensed by the Central Bank of West African States (BCEAO) to provide banking and financial services to individuals, corporate customers, small and medium enterprises.
In addition to its head office in Niamey, the bank maintains eight regional branches. The bank offers personal banking, corporate & investment banking, private banking, specialized financing, and treasury products and services.
Total Assets: CFA francs 329.8 billion
Banque Atlantique Niger.
Established in 2000 and with its headquarters in Niamey, Banque Atlantique Niger is a commercial bank operating in Niger with an international vocation. It has a capital of 1 billion FCFA (2 million USD) and total assets of over US$1.5 billion (2010).
Banque Atlantique Niger has an extensive network with seven branches spread all over the country. Its staff, who are highly trained and experienced, includes 109 employees.
Banque Atlantique Niger offers a wide range of banking services to companies and individuals, including foreign currency exchange transactions, transfer services; payment services; financial management; loans, and savings products.
Banque Régionale de Solidarité Niger.
Banque Régionale de Solidarité Niger. is a cooperative bank, as you would expect, 100% owned by its members. As of December 31, 2016, the bank has 25 branches, 12 of which are also operating as a bureau de change.
Banque Régionale de Solidarité Niger. is a credit institution that provides banking services to individuals and businesses in Niger. The company offers savings accounts, personal loans, and other financial services. It also provides online banking services through its Web site. The company was founded in 2005 and is based in Niamey, Niger.
Total Assets: CFA33.9 billion
Banque Sahelo-Saharienne pour l'Investissement et le Commerce (BSSIC)
BSSIC is a subsidiary of the Saharan-Sahelian Bank for Investment and Trade, established in 2006, and has banking licenses for Niger, Mali, and Mauritania.
BSSIC offers savings accounts, current accounts, and term deposits. Customers can make transactions on their accounts at ATMs, online, or via mobile phone. It also offers overdraft facilities, card payment services (MasterCard), cash withdrawals overseas ATMs, cash loans, and currency exchange. The bank also provides banking services to companies. In Niger, it has headquarters in Niamey and branches in Agadez, Arlit, Diffa, and Maradi.
Assets: CFAF 2,686 billion
Ecobank Niger is a full-service commercial bank providing retail, corporate, investment, and transaction banking services to small, medium, and large enterprises (SMEs) and individuals.
The bank provides personal banking products and services, including savings accounts, current accounts, term deposits, overdraft accounts; credit cards; debit cards; mortgages; loans, and other financial products. It also provides investment banking products and services comprising equity markets, fixed income markets, mergers & acquisitions advisory services, risk management solutions, and asset management services.
Total Assets: US$8.1 billion
Employees: 19,568 (2015)
Crédit du Niger.
Crédit du Niger is a bank in Niger. It is the third-largest bank in Niger by total assets and offers banking, financial, insurance, and tourist activities. As of 2012, there were 38 untried branches in operation (16 regional branches and 22 local offices).
Crédit du Niger is a universal bank that provides a full range of banking services to businesses, individuals, and professionals. Crédit du Niger S.A offers savings accounts, foreign currency exchange, fixed-term deposits, loans, credit cards, money transfers, investments, trade finance, and mortgages.
Banque Internationale pour l'Afrique au Niger.
Banque Internationale pour l'Afrique au Niger is a commercial bank founded in 1961. BIAO-Niger is a subsidiary of Banque Internationale pour l'Afrique au Congo. BIAO-Niger offers retail, corporate and investment banking products and services to its clients.
BIAO-Niger provides retail banking products and services to individuals, including current and savings accounts, time deposits, money transfer, debit and credit cards, loans (private and housing), overdraft facilities, mortgages, insurance, online banking, and others.
Banque Commerciale du Niger.
This bank was established in 1993 and is one of the oldest private banks in Niger. Banque Commerciale du Niger S.A. (BCN) has an extremely long title, translating from French as the Commercial Bank of Niger Limited Company. This is a pretty bad translation, but I'll just call it BCN for short.
BCN is a medium-sized bank with over US$100m in assets and 400 employees. It has branches all over the country, including Niamey, Tahoua, Maradi, Zinder, and Agadez. It also has a branch in Burkina Faso, Ouagadougou.
The bank offers small business loans and consumer loans, along with mortgages. It also offers online banking via mobile phone. Like many banks in this part of Africa, it offers international remittances to Western Union locations worldwide.
Banque Islamique du Niger pour le Commerce et l'Investissement
This is the first Islamic bank that opened its doors in the Niger Republic. The bank was established in 1998, and its head office is located in Niamey, the capital of Niger Republic. This bank has attracted many Muslim customers, especially because they offer services that run in line with the Islamic Sharia laws.
In addition, the products offered by Banque Islamique du Niger pour le Commerce et l'Investissement are affordable and have low interest rates.
The company provides banking services such as fixed deposits, personal loans, and current accounts.
Société Nigérienne de Banque
Société Nigérienne de Banque was founded in 1972. Its headquarters is located in Niamey, the capital of Niger. The bank has branches in all regions of Niger, and its main office is located in Niamey.
SNB offers various banking services such as deposits, term loans, cash management, and trade finance products. The bank also offers a range of insurance products, including life insurance, health insurance, and property and casualty insurance.
Assets: XOF 38.2 billion
How many banks are there in Niger?
A. Presently, ten banks operate in Niger.