List of Commercial Banks in Mauritania

Mauritania’s banking sector consists of both conventional and Islamic financial institutions. These banks provide services in personal banking, corporate finance, and trade facilitation. The industry is regulated by the Central Bank of Mauritania and continues to grow in regional and international partnerships. Below is a list of key commercial banks operating in the country:

Full List of Commercial Banks in Mauritania

1. International Bank of Mauritanie (IBM)
   A private commercial bank offering a range of retail and business banking services including loans, savings, and international transactions.
2. Banque Mauritanienne de l’Investissement (BMI)
   Focuses on investment banking and project financing to stimulate national economic growth, especially in infrastructure and industry.
3. Banque des Financements Islamiques (BFI)
   An Islamic bank providing Sharia-compliant financial solutions like Murabaha and Mudarabah, serving individuals and businesses.
4. Qatar National Bank Mauritanie (QNBM)
   A subsidiary of Qatar National Bank Group, offering corporate banking, trade finance, and wealth management in Mauritania.
5. Banque Islamique de Mauritanie (BIM)
   Specializes in Islamic banking products and operates under full Sharia compliance, catering to personal and business clients.
6. Nouvelle Banque de Mauritanie (NBM)
   A modern commercial bank providing personal and SME banking services across key urban centers.
7. Banque Muamelat As Sahiha (BMS)
   Offers ethical Islamic banking services to individuals and enterprises, supporting local economic participation.
8. Banque Populaire de Mauritanie (BPM)
   A retail and SME-focused bank with extensive outreach and services such as savings, credit, and microloans.
9. Attijari Bank Mauritanie (ABM)
   A member of the Attijariwafa Bank Group, offering commercial banking, trade finance, and investment services.
10. Chinguitty Bank
    A local bank providing basic banking services and focusing on customer-friendly digital banking solutions.
11. Société Générale Mauritanie (SGM)
    A branch of the French multinational Société Générale Group, known for offering comprehensive retail, business, and trade banking.
12. Ora Bank Mauritanie
    Part of the Orabank Group, it supports inclusive finance through SME loans, retail accounts, and modern banking technologies.
13. Banque El Amana (BEA)
    A commercial bank offering full-service banking with emphasis on local development and access to finance.
14. Banque Al Wava Mauritanienne Islamique (BAMIS)
    An Islamic financial institution serving customers with non-interest-based financing and investment solutions.
15. Générale de Banque de Mauritanie (GBM)
    Provides a wide range of commercial and corporate banking products, including trade support and credit.
16. Banque Nationale de Mauritanie (BNM)
    A state-linked bank playing a major role in public sector and development financing.
17. Banque Mauritanienne pour le Commerce International (BMCI)
    Supports trade and investment through a variety of business banking products and export-import services.
18. Banque pour le Commerce et l’Industrie (BCI)
    A subsidiary of BCI Group, focused on serving industrial clients, large corporates, and exporters.

Key Features of the Sector

• Islamic Finance: Several banks operate under Islamic principles, making Mauritania a unique dual-banking system market.
• International Affiliations: Banks like QNBM, SGM, and ABM are connected to strong regional or international groups.
• SME Focus: Local and regional banks are increasingly targeting SMEs to spur economic growth and job creation.

This dynamic mix of banks supports Mauritania’s economic development, facilitates international trade, and expands financial access for individuals and businesses across the country.