List of Commercial Banks in Mali

Mali’s financial sector comprises a mix of domestic and regional commercial banks, supervised by the Banking Commission of the West African Monetary Union. As of September 2024, the country hosts a wide array of institutions providing retail, corporate, agricultural, and digital banking services. Below is the complete list of banks currently operating in Mali:

1. AFG Bank Mali

Previously known as BICIM, AFG Bank Mali is part of Atlantic Financial Group. It focuses on commercial and retail banking services with a growing digital footprint.

2. Bank of Africa – Mali (BOA-Mali)

A member of the pan-African Bank of Africa Group, BOA-Mali serves individual and corporate clients with a broad range of financial products including loans, deposits, and investment solutions.

3. Banque Atlantique Mali

Part of the BCP Group (Morocco), Banque Atlantique offers full banking services and plays a major role in financing trade and business ventures across the region.

4. Banque Commerciale du Sahel (BCS)

A locally owned institution, BCS offers personal and business banking, with a strong emphasis on serving SMEs and individual entrepreneurs in Mali.

5. Banque du Développement du Mali (BDM)

BDM is partly owned by the Bank of Africa Group and focuses on development banking, project financing, and economic support initiatives.

6. Banque Internationale pour le Mali (BIM)

This bank is part of the Attijariwafa Bank Group. BIM is a major player in retail banking, with strong ties to international and regional financial networks.

7. Banque Malienne de Solidarité (BMS)

A locally focused bank, BMS promotes economic solidarity through SME lending, personal banking services, and support for national development programs.

8. Banque Nationale de Développement Agricole (BNDA)

BNDA specializes in financing Mali’s agricultural sector, offering tailored products for farmers, cooperatives, and agribusinesses.

9. Banque pour le Commerce et l’Industrie du Mali (BCI-Mali)

BCI-Mali, a subsidiary of the BCI Group, supports trade and industry through a wide range of financial and advisory services.

10. Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSIC Mali)

Part of the regional BSIC Group, this bank promotes investment and cross-border trade across the Sahel-Sahara region.

11. Coris Bank International Mali

Coris Bank Mali is part of the Coris Bank Group and focuses on inclusive banking services, digital banking, and SME support.

12. Ecobank Mali

A subsidiary of the Ecobank Group, Ecobank Mali provides retail, corporate, and mobile banking services, with a robust digital platform for clients.

13. United Bank for Africa – Mali (UBA-Mali)

UBA-Mali is part of the pan-African UBA Group, offering personal, business, and institutional banking services.

14. Orabank Mali (Branch)

Orabank operates in Mali through a branch, offering a broad suite of banking products tailored for individuals and corporations alike.

Summary Table

Mali’s banking sector reflects a healthy mix of regional integration and local responsiveness, supporting growth through financial inclusion, SME support, and development banking.