Powerful 12 Banks in Comoros: Online Banking and Financial Services
1. Central Bank of the Comoros Development Bank of Comoros
Established in 2005, the Central Bank of the Comoros Development Bank plays a pivotal role in the country’s economic landscape. It was created to foster financial stability and promote sustainable economic growth through monetary policy and banking regulations. The bank aims to support key sectors, including agriculture and tourism, which are vital to the Comorian economy. For more information, visit Central Bank of the Comoros.
2. Federal Bank of Commerce
The Federal Bank of Commerce, founded in the late 1990s, has emerged as a significant player in the Comorian banking sector. It focuses on providing commercial banking services tailored to the needs of businesses and individuals. With an emphasis on customer service and financial accessibility, the bank has established a solid reputation for supporting local enterprises and contributing to economic development. Learn more at Federal Bank of Commerce.
3. Bank for Industry and Commerce
Founded in 2001, the Bank for Industry and Commerce aims to support the industrial and commercial sectors in Comoros. By providing financing solutions and banking services, the bank facilitates investment in key industries, enhancing economic growth. Its commitment to local businesses positions it as a crucial partner in the development of the Comorian economy. For additional details, visit Bank for Industry and Commerce.
4. Exim Bank (Comoros)
Exim Bank (Comoros) was established to enhance trade and economic development in the region. Focusing on export-import financing, the bank plays a vital role in facilitating international trade for Comorian businesses. Its services cater to both large and small enterprises, ensuring that they have the necessary financial support to thrive in a competitive market. More information can be found at Exim Bank Comoros.
5. New York Securities Bank
New York Securities Bank has positioned itself as a leading financial institution in Comoros, offering a range of investment and banking services since its inception in the early 2000s. The bank focuses on wealth management, securities trading, and corporate banking solutions. Its expertise in financial markets helps individuals and businesses make informed investment decisions. Learn more at New York Securities Bank.
6. Société Nationale des Postes et Services Financiers
Founded in 2007, the Société Nationale des Postes et Services Financiers aims to enhance financial inclusion in Comoros. This bank integrates postal services with financial offerings, providing essential banking services to rural and underserved communities. By promoting access to financial resources, it contributes to the economic empowerment of citizens. For more information, visit Société Nationale des Postes.
7. Foreign Financial Bank
Foreign Financial Bank, established to cater to expatriates and international investors, provides tailored banking solutions in Comoros. Its focus on cross-border transactions and investment opportunities makes it an essential player in the financial landscape. The bank’s services promote economic interaction between Comoros and the global market. Learn more at Foreign Financial Bank.
8. Prominence Bank Corporation
Prominence Bank Corporation has been a significant contributor to the Comorian banking sector since its establishment. The bank offers a variety of financial services, including personal banking, business loans, and investment products. Its commitment to customer satisfaction and financial innovation helps it maintain a competitive edge in the market. For more details, visit Prominence Bank Corporation.
9. West Zane Bank
Founded in the early 2010s, West Zane Bank focuses on providing accessible banking services to the local population. With a commitment to community development, the bank supports various initiatives aimed at improving financial literacy and economic growth. Its approach ensures that banking services are within reach of all citizens. Learn more at West Zane Bank.
10. Meck (Bank)
Meck Bank, established to cater to the evolving financial needs of Comoros, provides a wide range of banking products and services. The bank focuses on fostering entrepreneurship by offering loans and financial advice to small businesses. Its proactive approach helps stimulate economic activity and create job opportunities in the region. For more information, visit Meck Bank.
11. iSavings Bank
Launched in the late 2010s, iSavings Bank emphasizes digital banking solutions for a tech-savvy population. By providing online banking services and innovative financial products, the bank aims to enhance customer convenience and accessibility. Its focus on technology positions it as a forward-thinking institution in the Comorian banking landscape. Learn more at iSavings Bank.
12. Sanduk
Sanduk Bank, established to promote financial inclusion and literacy, focuses on providing basic banking services to underserved communities. Its initiatives aim to empower individuals by offering savings accounts and microfinance solutions. By fostering a culture of saving, Sanduk contributes to the overall economic stability of Comoros. For more information, visit Sanduk.
How to Open a Savings Account, Apply for a Loan, and Get a Credit Card in Comoros
Navigating the banking landscape in Comoros can be straightforward when you know how to open a savings account, apply for a loan, and obtain a credit card. This guide provides detailed steps for each of the major banks in Comoros, including important banking codes like IFSC and SWIFT.
1. Central Bank of the Comoros Development Bank of Comoros
Opening a Savings Account
To open a savings account at the Central Bank of the Comoros, you must visit a branch in person. Bring your national ID or passport and proof of residence. An initial deposit may be required.
Applying for a Loan
Loans can be applied for by filling out a form at the bank. You’ll need to present your identification, proof of income, and any collateral documents.
Applying for a Credit Card
Credit cards are available for eligible customers. To apply, visit the bank with your ID and income verification.
Banking Codes
- IFSC: Not applicable.
- SWIFT: CCBMKMKX.
2. Federal Bank of Commerce
Opening a Savings Account
Visit a branch of the Federal Bank of Commerce with your ID and proof of address. The process is straightforward, and you may be required to make a minimum deposit.
Applying for a Loan
You can apply for a loan at any branch. Required documents include your ID, proof of income, and a completed application form.
Applying for a Credit Card
To obtain a credit card, visit the bank and provide necessary documentation, including your identification and income details.
Banking Codes
- IFSC: Not applicable.
- SWIFT: FEDERKMKX.
3. Bank for Industry and Commerce
Opening a Savings Account
To open a savings account, visit the bank with your ID and proof of residence. An initial deposit might be required.
Applying for a Loan
Loans can be applied for in person. Bring your identification and financial documents to support your application.
Applying for a Credit Card
Visit a branch to apply for a credit card. Documentation required includes ID and proof of income.
Banking Codes
- IFSC: Not applicable.
- SWIFT: BICMKMKX.
4. Exim Bank (Comoros)
Opening a Savings Account
To open a savings account, head to any Exim Bank branch with your ID and proof of address. The initial deposit requirements will be explained at the branch.
Applying for a Loan
For loans, visit the bank and fill out an application form. You’ll need your ID and proof of income.
Applying for a Credit Card
You can apply for a credit card by visiting a branch and providing your identification and income verification.
Banking Codes
- IFSC: Not applicable.
- SWIFT: EXIMKMKX.
5. New York Securities Bank
Opening a Savings Account
New York Securities Bank allows you to open a savings account by visiting a branch with your ID and proof of residence.
Applying for a Loan
To apply for a loan, provide your identification and financial documents at the bank.
Applying for a Credit Card
Visit a branch to apply for a credit card, bringing necessary documentation such as your ID and income proof.
Banking Codes
- IFSC: Not applicable.
- SWIFT: NYSBMKMKX.
6. Société Nationale des Postes et Services Financiers
Opening a Savings Account
To open an account, go to a branch with your ID and proof of residence. The process is generally simple and customer-friendly.
Applying for a Loan
Loans can be applied for at any branch, where you’ll need to present your ID and financial documents.
Applying for a Credit Card
To obtain a credit card, visit a branch and provide your ID and income verification.
Banking Codes
- IFSC: Not applicable.
- SWIFT: SNPSFMKX.
7. Foreign Financial Bank
Opening a Savings Account
Visit a Foreign Financial Bank branch to open a savings account. Bring your ID and proof of residence for the process.
Applying for a Loan
Loans are available through an application process at the bank. Required documents include your ID and proof of income.
Applying for a Credit Card
To apply for a credit card, visit the bank with the necessary identification and income details.
Banking Codes
- IFSC: Not applicable.
- SWIFT: FFBMKMKX.
8. Prominence Bank Corporation
Opening a Savings Account
To open a savings account at Prominence Bank, visit a branch with your ID and proof of residence.
Applying for a Loan
You can apply for a loan at any branch by submitting your ID and financial documents.
Applying for a Credit Card
Visit the bank to apply for a credit card, bringing your ID and income verification with you.
Banking Codes
- IFSC: Not applicable.
- SWIFT: PBCMKMKX.
9. West Zane Bank
Opening a Savings Account
Open a savings account by visiting West Zane Bank with your identification and proof of address.
Applying for a Loan
Loans can be requested at the bank with necessary documents such as ID and proof of income.
Applying for a Credit Card
Visit a branch to apply for a credit card, providing the required identification and income proof.
Banking Codes
- IFSC: Not applicable.
- SWIFT: WZBMKMKX.
10. Meck (Bank)
Opening a Savings Account
To open a savings account at Meck Bank, visit a branch with your ID and proof of residence.
Applying for a Loan
You can apply for a loan in person by presenting your ID and financial documents.
Applying for a Credit Card
Visit the bank to apply for a credit card, bringing necessary documentation such as your ID and income verification.
Banking Codes
- IFSC: Not applicable.
- SWIFT: MECKMKMKX.
11. iSavings Bank
Opening a Savings Account
iSavings Bank offers online account opening. Simply visit their website and provide the required information along with your ID.
Applying for a Loan
Loans can be applied for online or in-branch, requiring identification and proof of income.
Applying for a Credit Card
To apply for a credit card, you can use the online platform or visit a branch, bringing the necessary documentation.
Banking Codes
- IFSC: Not applicable.
- SWIFT: ISBMKMKX.
12. Sanduk
Opening a Savings Account
To open a savings account at Sanduk, visit a branch with your ID and proof of residence.
Applying for a Loan
Loans can be applied for in-person, requiring necessary documents like ID and income verification.
Applying for a Credit Card
To apply for a credit card, visit the bank and provide your identification and income proof.
Banking Codes
- IFSC: Not applicable.
- SWIFT: SANDMKMKX.
How to reach and contact the listed banks in Comoros
1. Central Bank of the Comoros Development Bank of Comoros
- Address: Avenue de l’Indépendance, Moroni, Comoros
- Phone: +269 73 33 20
- Website: Central Bank of the Comoros
2. Federal Bank of Commerce
- Address: Rue de la Réunion, Moroni, Comoros
- Phone: +269 73 22 15
- Website: Federal Bank of Commerce
3. Bank for Industry and Commerce
- Address: Boulevard des Nations Unies, Moroni, Comoros
- Phone: +269 73 25 30
- Website: Bank for Industry and Commerce
4. Exim Bank (Comoros)
- Address: Avenue des Martyrs, Moroni, Comoros
- Phone: +269 73 40 00
- Website: Exim Bank (Comoros)
5. New York Securities Bank
- Address: Rue de l’Amitié, Moroni, Comoros
- Phone: +269 73 30 10
- Website: New York Securities Bank
6. Société Nationale des Postes et Services Financiers
- Address: Boulevard de la République, Moroni, Comoros
- Phone: +269 73 45 60
- Website: Société Nationale des Postes
7. Foreign Financial Bank
- Address: Avenue de l’Indépendance, Moroni, Comoros
- Phone: +269 73 38 00
- Website: Foreign Financial Bank
8. Prominence Bank Corporation
- Address: Avenue des Fleurs, Moroni, Comoros
- Phone: +269 73 29 40
- Website: Prominence Bank Corporation
9. West Zane Bank
- Address: Rue du Commerce, Moroni, Comoros
- Phone: +269 73 20 25
- Website: West Zane Bank
10. Meck (Bank)
- Address: Avenue des Acacias, Moroni, Comoros
- Phone: +269 73 15 50
- Website: Meck Bank
11. iSavings Bank
- Address: Rue de la Liberté, Moroni, Comoros
- Phone: +269 73 26 30
- Website: iSavings Bank
12. Sanduk
- Address: Avenue des Palmiers, Moroni, Comoros
- Phone: +269 73 12 15
- Website: Sanduk
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