Cape Verde’s banking sector is overseen by the Bank of Cape Verde, the country’s central bank and primary regulatory body. The licensed banks in Cape Verde include a mix of local, regional, and international institutions offering a broad spectrum of services, from traditional retail banking to investment finance and cross-border transfers.
Whether you’re a local business owner, investor, or international trader, understanding the structure of banks in Cape Verde is key to navigating the country’s financial system effectively. Below is the full list of commercial banks currently licensed to operate in Cape Verde.
Full List and Overview of Banks in Cape Verde
- Banco BAI Cabo Verde, S.A.
A subsidiary of Banco Angolano de Investimentos Group, offering retail and corporate banking services. - Banco Caboverdiano de Negócios, S.A.
Majority-owned by insurance group IMPAR, this bank focuses on business finance and private banking. - Banco Comercial do Atlântico, S.A. (BCA)
One of Cape Verde’s largest banks, providing universal banking services across all islands. - Banco Interatlântico, S.A.
A part of Portugal’s CGD Group, serving individuals and companies with international banking capabilities. - Banco de Fomento Internacional – BFI Bank, S.A.
Offers development and commercial banking services, particularly in infrastructure and enterprise finance. - Caixa Económica de Cabo Verde, S.A.
A state-owned bank with a strong focus on public service banking, housing loans, and social finance. - Ecobank Cabo Verde, S.A.
A branch of the Ecobank Group, providing regional banking services with digital and trade finance solutions. - International Investment Bank, S.A. (iiB Bank)
Previously known as Banco Internacional de Cabo Verde and Banco Espírito Santo de Cabo Verde, now owned by Bahrain-based iiB Group Holdings WLL, specializing in investment banking.
Banks in Liquidation (No Longer Active)
- Banco BIC Cabo Verde, S.A.
Formerly Banco Português de Negócios (IFI), this bank has been liquidated. - Banco Privado Internacional, S.A.
No longer in operation; under liquidation status.
