Groupe Banque Atlantique

What Groupe Banque Atlantique does

Groupe Banque Atlantique is a pan-African commercial banking group headquartered in Abidjan, Côte d'Ivoire, and operating as a wholly-owned subsidiary of Moroccan Groupe Banque Centrale Populaire (BCP). Founded in 1978, the group provides retail, professional, and corporate banking services across 8 UEMOA countries: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. The group serves individuals, self-employed professionals, and large enterprises, with specialized sector expertise in cocoa/coffee, mining, energy, and infrastructure. Its core digital infrastructure includes the ANET online banking platform (deployed per country) and the Atlantique Mobile application, both built on a Capital Banking Solutions core banking platform. Beyond traditional banking, the group operates non-bank subsidiaries spanning insurance (Atlantique Assurances, Atlantique Assurance Vie, GTA Assurances, GTA Assurances Vie), asset management (Atlantic Asset Management), structured/project finance (Atlantique Finance / AFIN), mobile money (Wizall Money), treasury services (ATPS), and shared IT/audit services (Atlantic Business International / ABI).

The group's revenue model is anchored in interest income from lending (including consumer credit products such as Crédit Express Prêt Scolaire, up to 4,000,000 FCFA), transaction and commission fees, corporate banking services (trade finance, cash management, syndicated financing), and recurring digital banking subscription revenue. Distribution is multi-channel: physical branches in each operating country, the ANET self-serve online banking portal, the Atlantique Mobile app, an ATM network offering cardless cash withdrawal (Transfert vers DAB, up to 300,000 FCFA per operation), and mobile-money interoperability partnerships (e.g., Bank-to-Wallet via NITA in Niger). The bank's go-to-market combines relationship-driven corporate banking (with dedicated sector teams for cocoa, mining, and energy) and consortium-based project finance participation — exemplified by its role in the 569.5 billion FCFA Société Ivoirienne de Raffinage (SIR) gasoil Euro V facility and the 372 MW Songon Energies combined-cycle thermal power plant financing alongside Atlantique Finance and BAD (African Development Bank).

Capital and risk management processes include KYC/AML automated transaction monitoring, multi-factor authentication (CVV, 3D Secure), ZTNA-based VPN security for the group IT estate, and an internal ethics whistleblower platform (Dispositif d'Alerte Éthique) deployed across all 8 countries. The bank's institutional positioning emphasizes financial inclusion, female leadership, and ESG/CSR commitments, with internal talent development (Pépites BABF in Burkina Faso) and academic partnerships (with Université Internationale de Rabat) feeding the workforce pipeline. Brand architecture is unified under "Banque Atlantique – Grandir Ensemble," with digital sub-brands (Atlantique Mobile, ANET) and product sub-brands across card tiers (Platinum, Gold, Balafon).

Name

Groupe Banque Atlantique

Legal name

Banque Atlantique

Website

https://banqueatlantique.net

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Short description

Groupe Banque Atlantique is a pan-African commercial banking group and wholly-owned subsidiary of Moroccan Groupe BCP, operating across 8 UEMOA countries (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo). It serves retail, professional, and corporate clients via branch networks, ANET online banking, Atlantique Mobile, and insurance/asset management subsidiaries.

Ownership category

akta.pro rank

Product category

Retail and Corporate Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Finance and Insurance (52), Portfolio Management and Investment Advice (523940)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF), Fraud Prevention, Controls & Compliance (MCC controls, AML/KYC, SCA) (THACAJAG), Remittances & Retail FX (Consumer Cross-Border) (FSABAAAK)

Keywords

• Retail banking services
• Corporate banking services
• Project finance lending
• Mobile banking applications
• Insurance and asset management

Headquarters

HQ city

Abidjan

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional banking interest revenue from credit products including personal loans, business financing, and project finance. The bank offers credit products such as Crédit Express Prêt Scolaire up to 4,000,000 FCFA with preferential rates.
2. Transaction and Commission Fees: Fees from banking transactions including transfers, card payments, and service commissions. Special promotional rates offered during Tabaski season (500 FCFA instead of 1,000 FCFA per transfer operation).
3. Corporate Banking Services: Services for corporate clients including trade finance, cash management, and syndicated financing. Participation in major project financing including SIR gasoil Euro V production (569.5 billion FCFA project) and Songon Energies thermal power plant (372 MW).
4. Digital Banking Services: Revenue from digital banking services including online banking subscriptions and mobile banking value-added services

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Groupe Banque Atlantique provides retail, professional, and corporate banking services (accounts, credit, payment cards, transfers), corporate and project finance (syndicated loans, trade finance, cash management), insurance and asset management (Atlantique Assurances, Atlantic Asset Management), and digital banking (ANET platform, Atlantique Mobile app) across 8 UEMOA countries. The group also operates mobile money and wallet interoperability services (Wizall Money, Bank-to-Wallet via NITA) and supporting tools such as e-invoicing and financial simulators.

Product overview

Groupe Banque Atlantique operates as a pan-African banking group (a subsidiary of Groupe Banque Centrale Populaire, BCP) present across 8 UEMOA countries: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. The core banking platform is ANET (Banque à Distance), an online banking platform delivered through country-specific portals, complemented by the Atlantique Mobile app for account management, transfers, and card services. The product portfolio includes a full range of payment cards (Platinum, Gold, Balafon), credit products such as Crédit Express school loans, and the cardless ATM transfer service 'Transfert vers DAB.' The group also offers digital interoperability with mobile wallets (Bank to Wallet/Wallet to Bank via NITA in Niger), electronic invoicing (E-Facture), financial simulators, and insurance/asset management subsidiaries (Atlantique Assurances, Atlantique Assurance Vie, Atlantique Finance, Atlantic Asset Management, Wizall Money, GTA Assurances). All of these operate under the unified brand 'Banque Atlantique – Grandir Ensemble.'

Differentiator

Problem solved

Functional benefit

Brands

• Atlantique Mobile: Mobile banking application providing account consultation, transfers, money management, and card services.
• ANET
• Atlantique Finance (AFIN)
• Atlantic Asset Management
• Atlantic Business International (ABI)

Products and services

• Atlantique Mobile Mobile banking application enabling clients to consult accounts, transfer funds between accounts, send money transfers, and manage payment cards remotely 24/7 across all 8 UEMOA countries. Available on iOS and Android.
• ANET (Banque à Distance) Online banking platform offering real-time cash flow management and banking operations via the internet, delivered through country-specific portals for Bénin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.
• Cartes Bancaires (Platinum, Gold, Balafon) Full range of payment cards (Platinum, Gold, and Balafon tiers) offering advantageous limits, contactless payment, double CVV authentication and 3D Secure, and included insurance coverage, offered on a subscription basis.
• Crédit Express – Prêt Scolaire School loan product providing financing for children's tuition fees up to 4,000,000 FCFA, available in 48 hours, with preferential rates, and renewable without new documentation.
• Transfert vers DAB / Transfert Multibanco Cardless ATM cash withdrawal service allowing clients to transfer money to beneficiaries who can withdraw cash at any Banque Atlantique ATM across the UEMOA zone using a PIN code, with up to 300,000 FCFA per operation and 2 operations per day.
• Bank to Wallet / Wallet to Bank Interoperability Interoperability service launched in Niger with NITA enabling instant fund transfers between Banque Atlantique bank accounts and mobile e-wallets.
• Atlantique Assurances Insurance subsidiary of the BCP Group offering insurance products and services to Banque Atlantique clients across the UEMOA region.
• Atlantique Assurance Vie Life insurance subsidiary of the BCP Group offering life insurance products.
• Atlantique Finance (AFIN) Investment banking and structured finance subsidiary acting as Mandated Principal Arranger for large infrastructure and corporate financing in the UEMOA region, including the Songon Energies 372 MW power plant deal.
• Atlantic Asset Management Asset management subsidiary of the BCP Group providing investment management services.
• Wizall Money Digital money and mobile payment subsidiary operating within the BCP Group ecosystem, enabling mobile financial services.
• GTA Assurances / GTA Assurances Vie Insurance subsidiaries of the BCP Group operating in Togo, providing non-life and life insurance products.
• Corporate and Project Finance Services Structured finance, syndicated loans, trade finance, cash management, and project finance for large enterprises, demonstrated through participation in deals such as the 569.5 billion FCFA SIR gasoil Euro V desulfurization financing, the 372 MW Songon Energies plant, and the SCHIBA SACS polypropylene factory.
• Campagne Café-Cacao Financing Agricultural sector financing campaign for the 2025-2026 cocoa and coffee production cycle in Côte d'Ivoire, offering financing aligned to production cycles, technical expertise, and risk coverage for producers, cooperatives, exporters, and processors.

Quantifiable outcome

• Côte d'Ivoire represents 40-45% of world cocoa production, generating ~3 billion USD annually in export revenues - primary market for bank's agricultural financing
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• NITAcoreTechnology or Integration · 26 June 2026Banque Atlantique Niger and NITA launched 'Bank to Wallet' and 'Wallet to Bank' interoperability services, enabling instant transfers between bank accounts and mobile wallets. This partnership extends digital financial services accessibility to mobile-first customers in Niger, supporting the bank's digital transformation strategy and financial inclusion goals.
• Atlantique Finance (AFIN)flagshipStrategic or Co-development Partner · 1 June 2026Atlantique Finance and Banque Atlantique Côte d'Ivoire jointly participated in the Songon Energies 372 MW thermal power plant financing. Atlantique Finance served as Mandated Principal Arranger for the local currency tranche while BACI joined the banking consortium. This marks a significant structured project finance collaboration between group subsidiaries.
• Université Internationale de Rabat (UIR)coreStrategic or Co-development Partner · 15 April 2026UIR and BCP International signed a strategic partnership to facilitate access for Sub-Saharan students to quality higher education in Morocco. The program targets students from UEMOA and CEMAC countries including Benin, Burkina Faso, Côte d'Ivoire, Mali, Niger, Senegal, Togo, and others where Groupe BCP has presence. This initiative supports talent development and positions Morocco as a pan-African academic hub.
• Caisse de Dépôt et de Consignations (CDC) du BéninminorStrategic or Co-development PartnerBanque Atlantique participated in CDC du Bienin's panel on 'Women and Leadership in Impact Finance' demonstrating commitment to gender equality and female entrepreneurship support through partnerships with regional development finance institutions.

Scale indicators11 records

Recent moves1 record

Broad incumbents

• United Bank for Africa (UBA): Pan-African commercial bank present in 20+ African countries including key UEMOA markets. Comparable full-service retail and corporate banking with significant digital banking investment.
• Attijariwafa Bank: Major Moroccan banking group with pan-African expansion across UEMOA, CEMAC, and beyond. Sister Moroccan banking group to BCP, and a direct comparator on regional expansion strategy, corporate banking, and digital transformation.
• Société Générale West Africa: French universal bank with extensive West African subsidiary network across UEMOA. Competes directly in corporate banking, trade finance, and project finance with similar product offerings and customer segments.
• Standard Chartered Bank Africa: Global bank with selective African presence focused on corporate, transaction, and trade banking. Comparable as a competitor for large corporate, project finance, and cross-border transaction mandates in overlapping UEMOA markets.

Direct peers

• Ecobank Group: Pan-African banking group operating across 33+ African countries with significant overlap in UEMOA markets. Competes directly with Banque Atlantique in retail, SME, and corporate banking across the same 8 countries.
• Bank of Africa (BOA): Pan-African commercial banking group (BMCE subsidiary) operating in over 20 African countries, with deep presence in UEMOA. Closely comparable regional banking footprint, retail/corporate mix, and Moroccan-affiliated ownership structure.
• Oragroup (formerly Orabank): West and Central African banking group present in 12 UEMOA and CEMAC countries. Directly comparable on multi-country regional banking model, retail and corporate services, and digital channels targeting similar customers.

Regional players

• NSIA Banque: Ivorian-headquartered banking and insurance group with strong West African presence. Closely comparable on retail/corporate banking mix, insurance cross-sell, and Côte d'Ivoire market focus.
• Banque Sahélo-Saharienne pour l'Investissement et le Commerce (BSIC): West African banking group with presence in multiple UEMOA countries including Côte d'Ivoire and Niger. Comparable regional commercial banking footprint and cross-border trade finance orientation.

Emerging players

• Coris Bank International: West African banking group headquartered in Burkina Faso with expanding UEMOA presence. Comparable regional banking model focused on retail, SME, and corporate banking across multiple UEMOA countries.

Market position

Strengths4 records

Weaknesses4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Bq_Atlantique
• YouTubeyoutube.com/channel/UCPNe605uznov-xnWdxz_N0A
• Facebookweb.facebook.com/BqAtlantiqueOfficiel
• LinkedInlinkedin.com/company/banqueatlantiquegroupe

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

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 Groupe Banque Atlantique