LCB Bank

What LCB Bank does

LCB Bank, operating under the Bank of Africa brand as BOA-CONGO, is a licensed commercial bank headquartered in Brazzaville, Republic of Congo. Founded in 2004 and employing 101-250 staff, the bank is a subsidiary of the pan-African GROUPE BANK OF AFRICA, which operates across more than 18 countries in Sub-Saharan Africa and France. The bank offers a full-service retail and corporate banking product catalog spanning deposit accounts (checking, savings, term deposits, foreign currency), a tiered set of bundled banking packages, VISA and domestic GIMAC payment cards, a diversified consumer and commercial credit book (home loans starting at 6.5% with up to 15-year duration, consumer credit, equipment financing, leasing, motorcycle loans, and micro-loans), insurance products, and domestic and cross-border money transfer services.

The bank's technology stack centers on a multi-channel remote banking platform: MyBOA (mobile application for smartphones and tablets), BOAweb (web-based online banking), SMS Alerte (real-time transaction notifications), and LCB Net (remote account access). These digital channels complement a physical branch network distributed across the Republic of Congo, accessed through an agency finder service. The architecture is presented as standard digital-banking functionality rather than a differentiated technology platform.

Revenue is generated through traditional banking mechanics: net interest income from the lending book, transaction and service fees across accounts, transfers, cards and insurance, and subscription-style revenue from digital banking services. Customer segmentation is horizontal across individual retail customers (Particuliers), large enterprises (Grande Entreprise), SMEs (PME), and the Congolese diaspora (Congolais du Monde), with institutional investors and journalists served as secondary segments. The bank explicitly leverages its parent group's pan-African identity as a distribution and brand asset while emphasizing local proximity and personalized service in the Congolese market.

Name

LCB Bank

Legal name

GROUPE BANK OF AFRICA

Website

https://lcb-bank.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

LCB Bank (Bank of Africa / BOA-CONGO) is a licensed commercial bank in the Republic of Congo and a subsidiary of the pan-African GROUPE BANK OF AFRICA, offering retail, SME, and corporate banking services — deposits, cards, consumer and commercial credit, insurance, and money transfers — through a physical branch network and digital banking channels.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Retail banking services
• Corporate banking services
• Consumer credit lending
• Digital banking platforms
• Deposit and savings accounts

Headquarters

HQ city

Brazzaville

HQ country

Congo - Brazzaville

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Lending: Traditional banking interest income from various loan products including home loans (starting at 6.5% preferential rate), consumer credit, equipment financing, and leasing arrangements
2. Banking Service Fees: Fees from account services, money transfers, card services, and insurance products
3. Digital Banking Services: Revenue from mobile and online banking service subscriptions

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

LCB Bank (operating as Bank of Africa - BOA-CONGO) provides retail and corporate banking services in the Republic of Congo. The bank offers deposit accounts (checking, savings, term deposits, foreign currency), a broad consumer and SME credit portfolio (home, school, consumer, vacation, motorcycle, equipment, leasing, overdraft), payment cards (VISA and GIMAC networks), insurance products, money transfer services, and digital banking channels including the MyBOA mobile app, BOAweb online platform, SMS alerts, and LCB Net remote banking.

Product overview

LCB Bank operates as a pan-African banking group under the Bank of Africa umbrella, offering a comprehensive suite of financial products and services. The core banking platform consists of remote banking services (MyBOA mobile app, BOAweb online banking, SMS Alerte notifications, LCB Net) supporting account management, transfers, and real-time notifications. Account services include checking (Compte Chèque), savings (Compte Épargne), term deposits (Dépôt à Terme), and foreign currency accounts (Compte en Devises), available through bundled packages (Pack Bienvenue, Classique, Kimia, Manage, Élite). Card products span VISA (First, Green, Infinium) and domestic GIMAC network cards (ADAMENCE, LISUNGI). Credit offerings include consumer loans (Prêt Tous à l'École, Prêt Tous en BONANA, Crédit Vacances), zero-interest financing (Crédit numérique, Crédit Électroménager, Crédit Mobilier ORCA), equipment/motorcycle financing (Crédit Équipement, Crédit Motuka, Leasing), home loans (Habitat Plus), and express loans (MBONGO EXPRESS, Prêt MB CONGO EXPRESS Sur Mesure). Insurance products (Elikia Scolaire, Bwania, Assurance Likama, Assurance Emprunteur) and money transfer services complete the portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• MyBOA Mobile banking application that lets retail and business customers access and manage their accounts and cards, execute transfers, and receive real-time transaction notifications from smartphones and tablets.
• BOAweb Web-based online banking platform providing remote account access and transaction services via internet browser.
• SMS Alerte Real-time SMS-based notification service that alerts customers to movements on their accounts and card transactions.
• LCB Net Online banking service platform providing remote account management and digital banking access.
• Compte Chèque (Checking Account) Standard checking account product for everyday banking transactions, available to individual retail customers in the Republic of Congo.
• Compte Épargne (Savings Account) Savings account offering competitive interest rates for retail customers seeking secure long-term savings accumulation.
• Dépôt à Terme (Term Deposit) Fixed-term deposit account providing guaranteed returns for retail customers over a defined term.
• Compte en Devises (Foreign Currency Account) Foreign currency account enabling customers to hold and manage balances in international currencies.
• Carte VISA First Entry-level VISA debit card for everyday banking transactions and purchases, issued to retail customers.
• Carte Visa Green Eco-themed VISA debit card with sustainable features for retail customers.
• Carte VISA Infinium Premium VISA card offering high spending limits and exclusive benefits for high-net-worth retail customers.
• Carte ADAMENCE Domestic GIMAC network debit card for local transactions within the Republic of Congo.
• Carte LISUNGI GIMAC network card providing local banking services to retail customers.
• Habitat Plus Home Loan Home loan product offering preferential interest rates starting at 6.5% with a maximum duration of 15 years for individuals purchasing or building residential property.
• Prêt Tous à l'École (School Loan) Back-to-school consumer loan product designed to help families finance school-related expenses (rentrée scolaire).
• Prêt Tous en BONANA (Consumer Loan) Multi-purpose consumer loan product for various personal financing needs.
• Crédit Vacances (Vacation Loan) Consumer loan product dedicated to financing holiday and travel expenses.
• MBONGO EXPRESS Classique Express micro-loan service providing quick access to small loan amounts for retail customers.
• Crédit Assurance Auto Auto financing credit product bundled with insurance coverage for retail vehicle purchases.
• Crédit Numérique Zero-interest credit product dedicated to financing digital and technology purchases by retail customers.
• Crédit Électroménager Zero-interest credit product for purchasing household appliances and electronics.
• Crédit Mobilier ORCA Zero-interest credit product for financing furniture and home furnishings purchases.
• Prêt MB CONGO EXPRESS Sur Mesure Customized express loan product tailored to specific individual customer financing needs.
• Crédit Équipement (Equipment Financing) Equipment financing loan product supporting the purchase of business or personal equipment assets.
• Crédit Motuka (Motorcycle Financing) Specialized loan product for financing motorcycle purchases.
• Leasing Equipment leasing service providing vehicles and business assets to retail and business customers under lease arrangements.
• Découvert (Overdraft Facility) Overdraft facility allowing customers to maintain a temporary negative balance on their bank accounts for short-term liquidity needs.
• Elikia Scolaire School-focused insurance product providing financial protection covering student educational expenses.
• Bwania Insurance Insurance product providing financial protection coverage for retail customers.
• Assurance Likama Insurance product offering comprehensive coverage features for retail customers.
• Assurance Emprunteur Loan protection insurance covering borrower death and disability for retail and SME credit customers.
• Transfert d'Argent (Money Transfer) International and domestic money transfer service for retail and diaspora customers.

Quantifiable outcome

• Home loan rate starting at 6.5%
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Bank of Africa Group (Groupe BANK OF AFRICA)coreOthersParent group providing branding, governance, and network access across 18+ African countries including subsidiaries in Benin, Côte d'Ivoire, France, Ghana, Kenya, Madagascar, Mali, Niger, DRC, Rwanda, Senegal, Tanzania, Togo, Uganda, and Burundi

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• BGFIBank Congo: BGFIBank is one of the largest commercial banks in the CEMAC region with a strong presence in the Republic of Congo, offering retail, SME, and corporate banking. It is a direct competitor to BOA-CONGO in the same Congolese market with overlapping product suites.
• Ecobank Congo: Ecobank's Congolese subsidiary provides retail, commercial, and corporate banking with a similar multi-channel distribution model. It is a direct competitor serving the same segments in Republic of Congo and leveraging the Ecobank pan-African network.
• United Bank for Africa (UBA) Congo: UBA Congo is the local subsidiary of UBA Group, offering retail, SME, and corporate banking products similar to BOA-CONGO. It is a direct peer competing on price, branch network, and digital banking in the Congolese market.
• Stanbic Bank Congo: Stanbic Bank Congo, part of Standard Bank Group, provides commercial and corporate banking services in the Republic of Congo. It is a direct competitor to BOA-CONGO particularly in the large-enterprise and SME segments.
• Crédit du Congo: Crédit du Congo is a leading Congolese commercial bank offering retail and corporate banking. It directly competes with BOA-CONGO in deposit-taking, lending, and card services within the Republic of Congo.
• Société Générale Congo: Société Générale's Congolese subsidiary provides retail, SME, and corporate banking products in the Republic of Congo. It is a direct competitor with similar product depth and an international banking brand.

Regional players

• Rawbank (DRC): Rawbank is the largest commercial bank in the Democratic Republic of Congo with a similar retail and corporate product set. It is a regional peer in the broader Central African banking market with adjacent but non-overlapping geography.
• Afriland First Bank: Afriland First Bank is a Central/West African banking group operating in CEMAC and beyond with retail and SME banking. It is a regional peer with comparable products and customer segments, although its primary footprint is in other markets.

Broad incumbents

• BGFI Bank: BGFI Bank Group is a major CEMAC-wide banking group headquartered in Gabon, offering retail, corporate, and investment banking across multiple Central African countries. It is a broad incumbent with overlapping capabilities and is the regional heavyweight in BOA-CONGO's primary market.

Emerging players

• Orabank: Orabank is a West and Central African banking group with presence in several WAEMU and CEMAC countries. It is an emerging pan-regional peer with similar retail and corporate offerings, competing for cross-border corporate and diaspora banking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/LCBBank_CG
• Facebookfacebook.com/LCBbank.CG
• LinkedInlinkedin.com/company/lcb-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LCB Bank