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Home » Banking in Djibouti: A Detailed Guide to For-Profit and Islamic Financial Institutions

Banking in Djibouti: A Detailed Guide to For-Profit and Islamic Financial Institutions

NyongesaSande News Desk by NyongesaSande News Desk
2 years ago
in Banking
Reading Time: 5 mins read
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Banking in Djibouti: A Detailed Guide to For-Profit and Islamic Financial Institutions

Djibouti’s banking sector is comprised of various for-profit and Islamic banks, each offering unique financial services to cater to the needs of individuals, businesses, and international clients.

  • For-profit Banks
    • Bank of Deposit and Credit Djibouti
    • Bank of Africa Red Sea
    • Bank for Trade and Industry Red Sea
    • Commercial Bank of Djibouti
    • CAC International Bank
    • Exim Bank of Djibouti
    • International Investment Bank
    • Silk Road International Bank
  • Islamic Banks
    • East Africa Bank (Djibouti)
    • Saba African Bank
    • Salaam African Bank

For-profit Banks

Bank of Deposit and Credit Djibouti

Offers a wide range of banking services including savings, loans, and investment options.

Products: Personal banking, corporate banking, loans, and deposits.
Contacts:

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  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

Bank of Africa Red Sea

Part of the larger Bank of Africa Group, providing comprehensive banking solutions.

Products: Retail banking, corporate finance, trade finance, and treasury services.
Contacts:

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  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

Bank for Trade and Industry Red Sea

Specializes in trade finance, offering services to facilitate import and export activities.

Products: Trade financing, corporate banking, and investment services.
Contacts:

  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

Commercial Bank of Djibouti

Provides a broad array of financial services to individuals and businesses.

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Products: Checking and savings accounts, loans, corporate finance, and international banking.
Contacts:

  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

CAC International Bank

Offers diverse financial products and services with a focus on customer-centric solutions.

Products: Retail banking, business banking, loans, and digital banking.
Contacts:

  • Website: CAC International Bank
  • SWIFT Code: CACDDJJD
  • Bank Code: Not available

Exim Bank of Djibouti

Part of the Exim Bank Group, it provides various banking services including corporate and personal banking.

Products: Personal banking, trade finance, corporate banking, and treasury services.
Contacts:

  • Website: Exim Bank Djibouti
  • SWIFT Code: EXBDDJJD
  • Bank Code: Not available

International Investment Bank

Focuses on investment opportunities and financial services in the international market.

Products: Investment banking, asset management, and corporate finance.
Contacts:

  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

Silk Road International Bank

Specializes in facilitating trade and investment between Djibouti and international markets.

Products: International trade services, corporate banking, and investment solutions.
Contacts:

  • Website: Not available
  • SWIFT Code: Not available
  • Bank Code: Not available

Islamic Banks

East Africa Bank (Djibouti)

Offers Islamic banking services in line with Sharia principles, catering to the East African market.

Products: Sharia-compliant savings, loans, and investment products.
Contacts:

  • Website: East Africa Bank
  • SWIFT Code: EAFDDJJD
  • Bank Code: Not available

Saba African Bank

Provides Islamic financial services, including Sharia-compliant banking solutions.

Products: Islamic banking, financing, and investment services.
Contacts:

  • Website: Saba Bank
  • SWIFT Code: Not available
  • Bank Code: Not available

Salaam African Bank

Specializes in Islamic banking, offering a range of Sharia-compliant financial products and services.

Products: Islamic personal and corporate banking, finance, and investment services.
Contacts:

  • Website: Salaam Bank
  • SWIFT Code: SALMDJJD
  • Bank Code: Not available

These banks in Djibouti provide a comprehensive range of financial services, from conventional banking to Islamic financial solutions, catering to the diverse needs of their clientele and supporting the economic development of the region.

Tags: Islamic Financial Institutions
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