econ
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Sonibank

Sonibank

BankingNo. 4 in NigerNiger
Founded
1990
Headquarters
Niamey, Niger
Ticker
n/a
Sector
Banking

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

The Société Nigérienne de Banque (Sonibank) began operating in 1990 and grew into the leading bank in Niger, opening a branch in Cotonou, Benin, in 2018.

Business model

Sonibank offers retail and commercial banking, including deposits, loans, trade finance, and financing for small and medium-sized businesses, through a network of branches in Niger.

Market position

Sonibank is one of the largest banks in Niger by assets and deposits.

Country impact

Niger's banking system was severely disrupted by the regional sanctions imposed after the 2023 coup, which cut it off from regional payment systems for months, and leading banks like Sonibank faced cash shortages as a result.