This is a list of commercial banks in Senegal, as updated in September 2024 by the Banking Commission of the West African Monetary Union. [1]
The Banque de l'Afrique Occidentale, known from 1853 to 1901 as Banque du Sénégal and from 1965 to 1990 as the Banque Internationale pour l'Afrique Occidentale (BIAO), was a bank headquartered in Dakar. During most of its history it was the main or only commercial bank and bank of issue in French Senegal and French West Africa.
Attijariwafa bank is an international financial services group headquartered in Casablanca, Morocco. Since its formation in 2004 by merger between Banque Commerciale du Maroc and Wafabank, it has been the leading bank in Morocco and kept that rank as of 2024. It is listed on the Casablanca Stock Exchange.
Bank of Africa (BOA) is an international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa by the Banque Marocaine du Commerce Extérieur, following which BMCE rebranded its commercial operations as Bank of Africa in 2020. The BMCE name survives in the byline "BMCE Group" incorporated in the BOA brand identity.
The Compagnie Bancaire de l'Afrique Occidentale is a bank headquartered in Dakar, Senegal. With a history going back to the establishment of the Banque du Sénégal in 1853, it was purchased in November 2007 by Morocco-based Attijariwafa Bank.
The Banque Internationale pour le Commerce et l'Industrie (BICI) was a network of banks in sub-Saharan Africa created from 1962 onwards by Paris-based Banque Nationale pour le Commerce et l'Industrie (BNCI). Following successive mergers it was inherited by BNCI's successors the Banque Nationale de Paris then BNP Paribas. BNP Paribas sold most of the BICI network in the early 2020s.
Coris Bank, also known by the acronym CBI, is a banking group in Africa with head office in Ouagadougou, Burkina Faso. By 2024, it had the largest branch network in Burkina Faso. It has been described as one of a new cohort of multinational banking groups in Africa, together with Vista Bank.