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Top 10 Banks in Comoros
The banking sector in Comoros, which is a small island nation in east Africa, has been on the rise and the country has 10 banks that are contributing to the economy. This article aims to discuss the top 10 banks of Comoros and the services and characteristics of these banks.
1. Banque pour l'Industrie et le Commerce (BIC)
The largest bank in Comoros, Banque pour l'Industrie et le Commerce (BIC) offers many products and services in the field of finance to individuals, firms, and government. BIC has recently been known for high customer satisfaction and fast and effective banking services.
Key features of BIC:
- Has a number of accounts: deposits, current, fixed term deposits.
- Business and personal loans and credit facilities.
- Foreign exchange and international remittances banking.
- ATM and branch network for service delivery.
2. Banque Fédérale de Commerce (BFC)
Federal Commerce Bank (BFC) is a new bank with new ideas and a customer focused approach. It provides a number of banking products and services that are suitable for different types of customers.
Key features of BFC:
- Personal banking services such as savings and current accounts and term deposits.
- Personal, business and mortgage loans.
- Online and mobile banking to manage money.
- A professional and courteous banking and financial services department.
3. Banque de Développement des Comores (BDC)
BDC is a state owned bank with a mandate of supporting economic development and financial access. It has the mandate of providing funding for infrastructure projects and offering services to the previously unbanked.
Key features of BDC:
- Offers the following services: savings, current assets, and time deposits.
- Agriculture, small business and development loans and credit.
- Working with government institutions for the purpose of economic development.
- Education in financial matters and integration.
4. Banque Moroni International (BMI)
BMI is a bank with a good financial reputation and a high level of customer satisfaction that offers banking services to a number of clients.
Key features of BMI:
- Has a number of accounts: savings accounts and foreign currency accounts.
- Business and personal lending and facilities.
- Trade finance and exchange of money.
- The ATMs are accessible.
- The article also indicates that the bank has several branches.
5. Banque Comorienne pour l'Industrie et le Commerce (BCIC)
BCIC is a bank that aims to offer new and unique banking solutions that meet the dynamic needs of the customers.
Key features of BCIC:
- There are several types of accounts offered, including savings accounts.
- Business and personal banking loans and credit.
- Online and mobile banking to access your account.
- Trade finance and currency exchange.
6. Banque de l'Union des Comores (BUC)
BUC is a state owned bank and its main objective is to support Comorian economy and provides many services.
Key features of BUC:
- Savings and time deposits.
- Personal and business loans and credit facilities.
- Engagement with government for the purpose of economic development.
- Financial and inclusion education.
