Bank for Commerce and Industry

The history of BCI
Created in 1999 in Nouakchott

BCI has established itself as a leading West African bank, committed to financial inclusion and economic development.

West African Bank

After obtaining approval from the Central Bank of Mauritania, the Banque pour le Commerce et l'Industrie BCI opened its doors in Nouakchott in September 1999.

In a country considered to be a link between the Maghreb and sub-Saharan Africa, in a narrow, competitive market, the new institution will quickly establish itself on the banking scene.

Subsequently, it expanded by opening subsidiaries in three other West African countries: Mali, Guinea and Senegal, thus becoming a West African bank.

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This growth is reflected in our highly satisfactory performance, which places us among the country's leading banks.

The CIB has strengthened its commitment to the financial inclusion of women's businesses in Africa in particular by signing a technical assistance agreement with the African Development Bank (AfDB). This initiative, backed by a €10 million line of credit from the AfDB in 2021, illustrates the CIB's ongoing commitment to inclusive economic development and the promotion of women's entrepreneurship.

Growth of BCI Mauritania

Since its creation, BCI-Mauritania has recorded sustainable growth, characterized by :

  • Total assets multiplied by more than 11
  • Share capital multiplied by 14.5
  • Equity multiplied by 11
  • Solvency and liquidity ratios of 30% and 40% respectively, compared with regulatory levels of 10% and 20% respectively.
  • This expansion has resulted in the opening of 18 new branches across the country, bringing the total number of branches in the sub-region to 50.
  • The opening of subsidiaries in Mali (2007), Guinea (2012) and Senegal (2015),
  • Mauritania's leading international bank
  • The signing in 2024 of a 20 million euro financing contract between the BCI and the European Investment Bank (EIB) to support SMEs and ETIs.
  • An international reputation that enables BCI-Mauritania to have lines of over 120 million USD with leading institutions such as
  • Natixis, Société Générale, Bred Bank, UBAF, Attijarwafa, ODDO BHF...

A network you can trust

The bank has developed a network of dozens of financial and banking correspondents in most of the countries with which its customers work, led by Natixis-Banques Populaires, a correspondent and advisor from the outset.

A network of strategic partners

These include the European Investment Bank (EIB), the African Development Bank, Proparco, the African Garantee Fund and the Société Islamique de Développement (SID), all of which have provided credit lines and guarantees to offset the country's lack of long-term resources.