Générale de Banque de Mauritanie
Générale de Banque de Mauritanie (GBM) is a privately-held commercial and investment bank founded in 1995 in Mauritania, serving enterprises, professionals, and Islamic banking customers through four branches in Nouakchott and Nouadhibou with online banking and SWIFT-based international trade services.
- Company typePrivate
- Founded1995
- HeadquartersNouakchott, Mauritania
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Générale de Banque de Mauritanie does
Générale de Banque de Mauritanie (GBM) is a privately-held commercial and investment bank headquartered in Nouakchott, Mauritania, founded in 1995 by Mohamed Ould Bouamatou. The bank operates four physical branches — two in Nouakchott and two in Nouadhibou — split between conventional and dedicated Islamic banking agencies, and serves approximately 1,897 enterprise, professional, and Islamic-banking customers as of December 2023. It is owned and controlled by the Bouamatou family, with Dr. Leila Bouamatou serving as Managing Director since 2018 (the first woman to head a Mauritanian bank), and operates under Mauritanian regulatory supervision with no external parent company or institutional equity owners of control.
Générale de Banque de Mauritanie firmographics
Firmographics- Name
- Générale de Banque de Mauritanie
- Legal name
- Générale de Banque de Mauritanie
- Website
- https://gbm-banque.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Générale de Banque de Mauritanie (GBM) is a privately-held commercial and investment bank founded in 1995 in Mauritania, serving enterprises, professionals, and Islamic banking customers through four branches in Nouakchott and Nouadhibou with online banking and SWIFT-based international trade services.
- Ownership category
- akta.pro rank
Générale de Banque de Mauritanie industry classification
Industry- Product category
- Corporate Banking
- NAICS
- Depository Credit Intermediation (5221), Nondepository Credit Intermediation (5222)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)
- akta.pro secondary industries
- Islamic Trade Finance & Supply Chain (Shariah-compliant) (FSABAGAE), Islamic SME & Commercial Banking (FSABAGAB), Islamic Transaction Banking (Cash Management & Treasury Services) (FSABAGAF), Islamic Private Banking & Wealth (FSABAGAD)
Keywords
Where Générale de Banque de Mauritanie is headquartered
LocationHeadquarters
- HQ city
- Nouakchott
- HQ country
- Mauritania
Offices4 records
Markets served
Générale de Banque de Mauritanie business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Interest earned on loans and financing provided to corporate and professional customers, including short-term operating finance, medium and long-term investment loans, and real estate financing
- Transaction and Commission Fees: Fees from banking transactions including wire transfers, documentary credits, letters of guarantee, currency exchange, and electronic banking services
- Islamic Banking Fees: Fees and profit-sharing from Sharia-compliant financing products including Mourabaha margin, Ijara rentals, and partnership contracts
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Term Deposit (TDR) products with various maturities |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Générale de Banque de Mauritanie product offering
Product offeringCore offering
Générale de Banque de Mauritanie (GBM) is a Mauritanian commercial and investment bank offering corporate and professional banking services across ten product lines: Sharia-compliant Islamic finance, day-to-day banking, online banking, short/medium-term operating credit, medium/long-term investment financing and leasing, term deposits, international trade services, card payments and merchant terminals, currency transfers, and foreign currency exchange. Services are delivered via four branches in Nouakchott and Nouadhibou (including two dedicated Islamic banking agencies) plus an online banking platform, with relationship management provided by dedicated Corporate Officers to enterprises and professionals.
Product overview
Générale de Banque de Mauritanie (GBM) is a corporate/commercial bank offering a broad portfolio of banking products organized into ten core service lines: Finance Islamique (Sharia-compliant participatory banking with Mourabaha, Salam, Istisna'a, Ijara, Moucharaka, and Moudaraba), Banque au Quotidien (day-to-day payments and account management), Banque à Distance (online banking), Financement de l'Exploitation (short/medium-term operating credit), Financement de l'Investissement (medium/long-term investment loans and leasing), Placements Bancaires (term deposits), Services à l'International (import/export financing and guarantees), Monétique (card payments and POS terminals), Transfert de Devise (currency transfer), and Change Manuel (manual currency exchange). GBM's product architecture combines conventional banking with a dedicated Islamic banking track, delivered through four physical branches (two standard and two Islamic) plus a digital channel.
Differentiator
Problem solved
Functional benefit
Products and services
- Finance Islamique (Islamic Banking) Sharia-compliant participatory banking products including Mourabaha, Salam, Istisna'a, Ijara, Moucharaka, and Moudaraba contracts, accompanied by standard banking services (transfers, payment cards, accounts); intended for Muslim-owned enterprises and individuals seeking Islamic-law-compliant financing.
- Banque au Quotidien (Day-to-Day Banking) All classic banking operations including payment, withdrawal, transfer, deposit, and provision of a bank card, managed by a dedicated Corporate Officer; for businesses and professionals needing flexible day-to-day account access.
- Financement de l'Exploitation (Operating Funding) Short- and medium-term financing solutions including cash-flow facilities, overdraft, inventory financing, seasonal activity financing, commercial discounting, and invoice advances; for enterprises and professionals needing working capital.
- Financement de l'Investissement (Investment Funding) Medium- and long-term loans covering classic credit, productivity funds, machinery and equipment financing, real estate financing, and lease-purchase (leasing) arrangements; for enterprises financing capex and real estate.
- Placements Bancaires (Term Deposits) Term deposit (TDR) products in various durations (3, 6, 9, 12 months and medium-term) offering fixed returns on surplus cash with no risk; for clients seeking risk-free interest-bearing deposit accounts.
- Services à l'International (International Services) International trade financing and instruments including documentary credits, export/import guarantees, bonds, stand-by letters of credit, and SWIFT-based foreign currency transfers; for importers, exporters, and businesses executing cross-border transactions.
- Monétique (Card Payments and Electronic Banking) Secure card-based payment solutions including GBM GIMTEL local bank cards, VISA credit cards, and connected electronic payment terminals (TPE) for merchants; for cardholders and merchants requiring electronic payment acceptance.
- Banque à Distance / GBM Online Banking Remote, secure bank account management via the GBM Online Banking platform, accessed with a username and password provided by a Corporate Officer; for clients needing autonomous self-serve account management.
- Transfert de Devise (Currency Transfer) Secure money transfer to and from GBM accounts through two channels: in-branch and email-based transfer, with processing times of 24 to 72 hours; for clients sending or receiving cross-border payments.
- Change Manuel (Currency Exchange) Currency exchange services (purchase and sale of foreign currencies) at market exchange rates, with full security and traceability, approved by the Central Bank of Mauritania; for clients and travelers needing foreign currency exchange.
Quantifiable outcome
- 30% market share in Mauritanian fisheries sector before 2012
- +1 more outcomes
Companies that use Générale de Banque de Mauritanie
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Générale de Banque de Mauritanie technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Générale de Banque de Mauritanie partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- GIMTEL (Groupement Interbancaire pour la Monétique et les Transactions Électroniques)coreInterbank group comprising Central Bank of Mauritania, MAURIPOST, and all local banks working on mobile payment interoperability and electronic transaction infrastructure.
- Kinross Mauritania (TMLSA, SETSA, SENISA)minorDr. Leila Bouamatou co-opted as board member of Kinross subsidiaries in Mauritania, supporting mining sector governance.
- Sovereign Wealth Fund of DjiboutiminorDr. Leila Bouamatou appointed as independent board member of the new Djibouti sovereign wealth fund, which aims to reach 1.5 billion EUR in capital over 10 years.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Générale de Banque de Mauritanie competitors and assessment
Company assessmentDirect peers
- Banque Populaire de Mauritanie (BPM): Direct Mauritanian commercial-banking competitor with a similar corporate-and-professional focus and multi-branch presence across Nouakchott and secondary cities; competes for the same enterprise and trade-finance wallet as GBM.
- Banque pour le Commerce et l'Industrie de Mauritanie (BCIM): BCIM is a leading Mauritanian corporate-and-trade bank offering financing, international services, and corporate accounts — directly comparable to GBM's product set and target segments within the same Mauritanian market.
- Banque Sahélo-Saharienne pour l'Investissement et le Commerce (BSIC): Pan-African bank focused on Islamic finance and trade across Sahel region — direct competitor to GBM's Islamic banking franchise and Sharia-compliant product set in the Mauritanian market.
Broad incumbents
- Société Générale Mauritanie (SGM): Subsidiary of Société Générale group providing commercial, corporate, and trade-finance banking in Mauritania; competes head-to-head with GBM on corporate banking, international trade finance, and correspondent banking.
- Qatar National Bank (QNB) Mauritania / formerly Société Générale Mauritanie acquisition pipeline: Major GCC banking group with strategic interest in Mauritanian banking; competes for large corporate, sovereign, and Islamic finance deals against GBM.
- Attijariwafa Bank Mauritanie: Subsidiary of Morocco's Attijariwafa Bank, one of the largest financial groups in Africa; competes aggressively for Mauritanian corporate, trade, and SME banking — comparable in product scope but vastly larger in scale.
- Ecobank Mauritanie: Subsidiary of pan-African Ecobank group; offers corporate banking, trade finance, and digital channels across West Africa, comparable to GBM on cross-border trade finance and correspondent banking.
Emerging players
- Bank of Africa Mauritanie (BOA Mauritanie): Affiliated with Bank of Africa group; offers corporate and retail banking in Mauritania with regional integration advantages, comparable to GBM on SME and corporate lending but with broader regional footprint.
Regional players
- Banque Islamique du Sénégal (BIS): Senegalese Islamic bank operating across West Africa; comparable to GBM's Sharia-compliant product suite (Mourabaha, Ijara, etc.) although focused on the Senegalese/CFA-region market.
Others
- Proparco (AFD Private Sector Subsidiary): French Development Agency's private-sector financing arm and recent GBM partner (€15M trade finance guarantee, May 2025); operates as development-finance investor rather than direct competitor, but provides the strategic benchmark for Islamic/trade-finance deal flow in Mauritania.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Générale de Banque de Mauritanie social profiles
Digital presenceGénérale de Banque de Mauritanie compliance and trust
Trust signalCompliance1 record
Générale de Banque de Mauritanie financial estimates
Financial estimateRevenue estimate
Valuation estimate
Générale de Banque de Mauritanie leadership team
Management profileNumber of profiles
Profiles5 records
Générale de Banque de Mauritanie funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Générale de Banque de Mauritanie M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Générale de Banque de Mauritanie
What does Générale de Banque de Mauritanie do?
Générale de Banque de Mauritanie (GBM) is a Mauritanian commercial and investment bank offering corporate and professional banking services across ten product lines: Sharia-compliant Islamic finance, day-to-day banking, online banking, short/medium-term operating credit, medium/long-term investment financing and leasing, term deposits, international trade services, card payments and merchant terminals, currency transfers, and foreign currency exchange. Services are delivered via four branches in Nouakchott and Nouadhibou (including two dedicated Islamic banking agencies) plus an online banking platform, with relationship management provided by dedicated Corporate Officers to enterprises and professionals.
Is Générale de Banque de Mauritanie a public or private company?
Générale de Banque de Mauritanie is a private company. It is classified as family owned and is currently operating.
When was Générale de Banque de Mauritanie founded?
Générale de Banque de Mauritanie was founded in 1995. It employs 51 to 100 people.
Where is Générale de Banque de Mauritanie based?
Générale de Banque de Mauritanie is headquartered in Nouakchott, Mauritania.
How does Générale de Banque de Mauritanie make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are transaction and Commission Fees and islamic Banking Fees.
Who are Générale de Banque de Mauritanie's main competitors?
Direct peers on record are Banque Populaire de Mauritanie (BPM), Banque pour le Commerce et l'Industrie de Mauritanie (BCIM) and Banque Sahélo-Saharienne pour l'Investissement et le Commerce (BSIC). Broad incumbents are Société Générale Mauritanie (SGM), Qatar National Bank (QNB) Mauritania / formerly Société Générale Mauritanie acquisition pipeline, Attijariwafa Bank Mauritanie and Ecobank Mauritanie. Bank of Africa Mauritanie (BOA Mauritanie) is listed as an emerging player. Banque Islamique du Sénégal (BIS) is listed as a regional player. Proparco (AFD Private Sector Subsidiary) is listed as an others.
Does Générale de Banque de Mauritanie have an API?
No public API is recorded for Générale de Banque de Mauritanie.
What industry is Générale de Banque de Mauritanie in?
Générale de Banque de Mauritanie's product category is Corporate Banking. Its primary akta.pro industry code is FSABAGAH, Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam), with a secondary code of FSABAGAE, Islamic Trade Finance & Supply Chain (Shariah-compliant). Its NAICS code is 5221 and its SIC code is 6021.