The commercial banks in Togo operate under the regulation of the Banking Commission of the West African Monetary Union (WAMU), the regional authority responsible for supervising financial institutions across WAEMU member states. Togo’s banking sector includes major regional banking groups, pan-African players, and public institutions offering a broad range of services.
With Lomé serving as a hub for several pan-African financial institutions, the commercial banks in Togo support trade, development, and financial inclusion through retail, corporate, and digital banking solutions. Below is a detailed list of licensed banks in Togo.
✅ List of Commercial Banks in Togo
1. Bank of Africa Togo (BOA-Togo)
Part of the Bank of Africa Group, BOA-Togo provides universal banking services across the country.
2. Banque Atlantique Togo
A subsidiary of Morocco’s BCP Group, offering retail, business, and trade finance solutions.
3. Banque Internationale pour l’Afrique au Togo (BIA-Togo)
Member of the Attijariwafa Bank Group, delivering corporate and personal banking services.
4. Banque Sahélo-Saharienne pour l’Investissement et le Commerce – Togo (BSIC-Togo)
Focuses on trade, investment, and cross-border banking under the BSIC Group.
5. Coris Bank International Togo
Part of Coris Bank Group, known for serving SMEs, entrepreneurs, and expanding regional businesses.
6. Ecobank Togo
Headquartered in Lomé, Ecobank is one of Africa’s leading pan-African banks offering retail, digital, and corporate banking.
7. International Business Bank Togo (IB Bank Togo)
Provides diversified banking services tailored for individuals and businesses.
8. Orabank Togo
A major banking institution in the region, part of the Orabank Group, with a strong focus on inclusive finance.
9. Société Interafricaine de Banque (SIAB)
Offers corporate and institutional banking with a focus on investment and regional growth.
10. SUNU Bank Togo
Part of the SUNU Group, SUNU Bank provides commercial banking services and is expanding in the WAEMU zone.
11. Union Togolaise de Banque (UTB)
One of Togo’s historic public banks, UTB offers personal, SME, and development banking services.
✅ Foreign Bank Branches Operating in Togo
- Banque de Développement du Mali – Supports regional development and infrastructure finance.
- NSIA Banque Benin (Branch) – Part of the NSIA Group, serving cross-border and regional clients.
- Société Générale Benin (Branch) – A state-owned branch providing general banking services.
