The Comoros banking sector is regulated by the Central Bank of the Comoros, which oversees both commercial and cooperative institutions across the islands. The licensed banks in the Comoros include a mix of state-owned, private, and regional banks that serve individual customers, businesses, and cooperatives.
Whether offering development loans, savings products, or microfinance, the banks in the Comoros are essential in supporting the island nation’s economy. Here’s a full list of recognized commercial and cooperative banks operating in the country.
Full List and Overview of Banks in the Comoros
Commercial Banks
- Banque de Développement des Comores (BDC)
A state-controlled development bank supporting national infrastructure and public sector projects. - AFG Bank Comoros
Formerly known as Banque pour l’Industrie et le Commerce des Comores, it is now part of Atlantic Financial Group, offering commercial and SME banking. - Exim Bank Comoros
A subsidiary of the East African Exim Bank Group, offering retail and corporate financial services. - Banque Fédérale de Commerce (BFC)
A local bank providing general banking services to individuals and businesses across the Comoros.
Cooperative Banks
- Mutuelles d’Epargnes et de Crédit ya Komor (MECK)
A popular microfinance network providing savings and small-scale credit services island-wide. - Union des Sanduk d’Anjouan
A cooperative financial institution operating on the island of Anjouan, supporting grassroots economic activity. - Union des Sanduk de Mohéli
The Mohéli-based branch of the Sanduk cooperative network, focused on local savings and credit services.
