The Comoros Islands feature a distinct banking sector that includes the central bank, several commercial banks, and savings institutions, each playing a vital role in the country’s financial system.
Central Bank
Central Bank of the Comoros
The Central Bank oversees the country’s monetary policy and financial stability, with branches across the islands.
Products: Regulatory services, monetary policy implementation, financial stability oversight.
Contacts:
- Website: Central Bank of the Comoros
- SWIFT Code: Not available
- Bank Code: Not available
Commercial Banks
Development Bank of Comoros
Focuses on economic development in the Comoros, providing funding for various sectors.
Products: Business loans, project financing, development programs.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Federal Bank of Commerce
Offers a wide range of commercial banking services to businesses and individuals.
Products: Retail banking, corporate banking, trade financing, and treasury services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Bank for Industry and Commerce
Specializes in supporting the industrial and commercial sectors of the Comoros economy.
Products: Business loans, corporate accounts, trade services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Exim Bank (Comoros)
Part of the Exim Bank group, it provides a variety of banking services including international trade financing.
Products: Personal banking, business banking, trade finance, and forex services.
Contacts:
- Website: Exim Bank Comoros
- SWIFT Code: Not available
- Bank Code: Not available
New York Securities Bank
Specializes in investment banking and securities trading within the Comoros.
Products: Investment services, securities trading, asset management.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Societe Nationale des Postes et Services Financiers
Offers postal banking services, providing financial solutions through the postal network.
Products: Savings accounts, payment services, and remittance services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Foreign Financial Bank
Caters to foreign and domestic banking needs, offering a range of financial services.
Products: International banking, corporate finance, personal banking.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
West Zane Bank
Focuses on regional banking services, catering to the financial needs of the Western Comoros region.
Products: Retail banking, SME banking, and microfinance services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Savings Banks
Meck (bank)
A savings bank that provides financial products primarily focused on savings and microfinance.
Products: Savings products, microloans, and microfinance services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
iSavings Bank
Offers innovative savings solutions and financial services to individuals and businesses.
Products: High-yield savings accounts, personal finance management, and online banking.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
Sanduk
Specializes in savings and credit services, primarily serving the local population with microfinance products.
Products: Microsavings, microcredit, and community financial services.
Contacts:
- Website: Not available
- SWIFT Code: Not available
- Bank Code: Not available
The banking sector in the Comoros, encompassing central, commercial, and savings banks, provides a comprehensive range of financial services crucial for the country’s economic development and the financial well-being of its citizens.
