BNI Madagascar
Founded
1919
Headquarters
Antananarivo, Madagascar
Ticker
n/a
Sector
Banking
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
BNI Madagascar, whose roots go back to 1919, is the oldest bank still operating in Madagascar and is often called the country's first bank. It went through nationalization after independence and later privatization, with French banking groups among its long-time shareholders.
Business model
BNI provides retail and corporate banking through more than 100 branches, along with digital banking and online account opening.
Market position
BNI is one of Madagascar's largest banks, competing with BFV-Société Générale, BOA Madagascar, and BMOI.
Country impact
With very few Malagasy people holding bank accounts, BNI's branch network and digital push are important for expanding access to financial services.