BICICI

What BICICI does

BICICI (Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire) is a full-service commercial bank headquartered in Abidjan Plateau, Côte d'Ivoire, founded in 1962 and operating as a Société Anonyme with registered capital of 25,000,005,000 FCFA. The bank serves three primary customer segments — Particuliers (retail individuals), PME (small and medium enterprises with annual revenue ≤800 million FCFA), and Entreprises (large corporations and multinationals with annual revenue ≥5 billion FCFA) — through five Abidjan branches (Plateau, Cocody, Yopougon, Abobo, Marcory), an ATM (GAB) network, and digital channels including the My BICICI mobile app, Digicash mobile-money integration (Wave, Orange Money), Infobank SMS banking, and an AI-powered virtual advisor chatbot on the website.

The product suite spans deposit and savings accounts (Compte à vue, Compte spécial épargne, DAT, Plan Épargne Projet/Retraite/Logement), consumer and mortgage credit, leasing, working-capital facilities (invoice advances up to 80% of face value), trade finance (documentary credit, bank guarantees, commercial discount), structured financing for projects ≥5 billion FCFA, FX hedging (Change à Terme, Flexi Terme, Swap de Change), insurance distribution, and Visa-branded payment cards (Classic, Gold, Platinum, prepaid FLEXICARD, Salaires, Affaires). BICICI also operates BICIBOURSE, a wholly-owned subsidiary providing online securities trading on regional WAEMU markets. The underlying technology stack rests on a core banking platform integrated with mobile (My BICICI), SMS (Infobank), POS terminals (INGENICO, VERIFONE, PULSAR) on the VISA/MasterCard networks, and the GIM UEMOA regional interbank monetics layer, with regulatory oversight from ARTCI under Ivorian data-protection law N°2013-450.

BICICI generates revenue through a mix of net interest income (consumer, SME, and corporate lending plus trade finance), transaction and commission fees (card payments, TPE, transfers, account maintenance), recurring subscription fees from banking packages (Pack FREE, Pack FLEX, Pack FIRST, PRO BOOST, AMBITION), insurance distribution commissions, and investment/advisory fees via BICIBOURSE. Distribution is hybrid: enterprise clients are served through dedicated relationship managers and the contact center (27 20 24 24 24), SMEs through specialized proximity counters and PRO BOOST packages, and retail customers through self-service digital channels and in-branch advisory with online appointment booking.

Name

BICICI

Legal name

BICICI – Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire

Website

https://bicici.ci

Company type

Private

Founded year

1962

Operating status

Operating

Short description

BICICI is a long-established (founded 1962) full-service commercial bank headquartered in Abidjan, Côte d'Ivoire, serving retail, SME, and large-corporate customers with deposits, lending, trade finance, insurance distribution, cards, and digital banking via its My BICICI app, Digicash mobile-money integration, and BICIBOURSE brokerage subsidiary.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industry

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

Keywords

• Retail banking services
• Commercial banking
• Corporate banking
• Consumer lending
• Digital banking

Headquarters

HQ city

Abidjan

HQ country

Côte d’Ivoire

HQ region

Africa

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Interest revenue generated from consumer loans (auto, mortgage, personal), SME financing (medium-term credit, leasing), and corporate credit facilities (structured financing, documentary credit)
2. Transaction and Commission Fees: Fees from payment processing (card transactions, TPE, international transfers), account maintenance, and various banking service commissions
3. Account and Subscription Services: Monthly subscription fees for banking packages (Pack FLEX, Pack FREE, Pack FIRST, PRO BOOST) bundling multiple services
4. Insurance Distribution: Commission revenue from distribution of insurance products including prévoyance, multirisque habitation, auto, and homme clé coverage
5. Investment and Advisory Services: Revenue from BICIBOURSE stock market platform, wealth management, and investment advisory for high-net-worth clients
6. Digital Banking Services: Fees from My BICICI premium features, mobile banking subscriptions, and SMS banking services

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels8 records

Core offering

BICICI is a universal commercial bank operating in Côte d'Ivoire, providing deposit accounts, savings plans, consumer and corporate credit, leasing, insurance distribution, Visa-branded payment cards, trade finance, structured finance, and digital banking services. The bank serves three segments — Particuliers (individuals), PME (small and medium enterprises), and Entreprises (large corporations and multinationals) — through physical branches in Abidjan, mobile and internet banking, ATMs, payment terminals, and SMS-based services.

Product overview

BICICI (Banque Internationale pour le Commerce et l'Industrie de la Côte d'Ivoire) operates as a full-service commercial bank offering a comprehensive digital-first banking platform across three customer segments: Particuliers (retail banking), PME (small and medium enterprises), and Entreprises (corporate banking). The core banking infrastructure includes My BICICI (mobile/internet banking), Digicash (mobile money integration with Wave and Orange Money), Infobank (SMS banking), and E-relevé (electronic statements). Retail customers access deposit products (Compte à vue, Compte épargne, DAT), savings plans (Épargne Projet, Épargne Retraite, Épargne Logement), credit facilities (Crédit Auto, Crédit Immobilier, Crédit Consommation), insurance products (Auto, Habitation, Obsèques, Serenia), Visa payment cards (CLASSIC, GOLD, PLATINUM, FLEXICARD prepaid), and investment services (BICIBOURSE stock trading). SME banking includes current accounts, medium-term financing, leasing (Crédit-Bail), invoice advances (up to 80%), key person insurance, and professional multi-risk coverage with PRO BOOST and AMBITION packages. Corporate banking offers cash management (Connexis Cash, TPE terminals), trade finance instruments (Crédit Documentaire, Caution Bancaire), structured financing for projects exceeding 5 billion FCFA, and foreign exchange risk management (Change à Terme, Flexi Terme, Swap de Change).

Differentiator

Problem solved

Functional benefit

Brands

• My BICICI: Mobile and internet banking application for account management
• Digicash
• Infobank
• BICIBOURSE
• FLEXICARD
• Pack FLEX
• Pack FREE
• Pack FIRST

Products and services

• Compte à vue (Current Account)

Quantifiable outcome

• Complete banking services accessible 24/7 through digital channels
• +2 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and strategic.

• Wave (Mobile Money Operator)coreTechnology or IntegrationDigicash partnership enabling interconnection between BICICI bank accounts and Wave mobile money wallets. This integration allows customers to transfer funds seamlessly between traditional banking and mobile money, expanding financial inclusion and payment flexibility across Côte d'Ivoire.
• INGENICO (Payment Terminal Provider)coreTechnology or IntegrationINGENICO supplies BICICI's electronic payment terminals (TPE) for merchant payment acceptance. INGENICO is described as a global leader in secure electronic payment industry, providing terminals that accept VISA and MasterCard networks.
• VISA InternationalcoreTechnology or IntegrationVISA card network partnership enabling BICICI to issue VISA-branded cards (Classic, Gold, Platinum, Prepaid) accepted globally. The partnership provides international payment and withdrawal capabilities across VISA's worldwide network.
• MasterCard InternationalcoreTechnology or IntegrationMasterCard network partnership for payment terminal acceptance, enabling dual-network payment infrastructure (VISA/MasterCard) at BICICI merchant terminals.
• ARTCI (Autorité de Régulation des Télécommunications/TIC de Côte d'Ivoire)coreOthersRegulatory partnership with ARTCI for data protection authorization (Décision n°2018-0428) enabling lawful collection and processing of customer personal data in compliance with Ivorian data protection law N°2013-450.
• GIM UEMOA (Groupement Interbancaire Monétique de l'UEMOA)coreTechnology or IntegrationRegional interbank electronic banking group enabling ATM and card acceptance across West African Economic and Monetary Union (UEMOA) member states, extending service reach beyond Côte d'Ivoire borders.
• Trade Finance PartnersstrategicStrategic or Co-development PartnerInternational trade finance collaboration for documentary credit, swap arrangements, and forward exchange operations supporting cross-border commerce for corporate clients.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SGBCI (Société Générale de Banques en Côte d'Ivoire): SGBCI is the leading commercial bank in Côte d'Ivoire and a direct competitor to BICICI, serving retail, SME, and corporate clients with comparable universal banking products. Both banks operate within the Ivorian market with branch networks and similar product suites across deposits, lending, and trade finance.
• Ecobank Côte d'Ivoire: Ecobank Côte d'Ivoire is part of the Ecobank pan-African group and directly competes with BICICI across retail, SME, and corporate segments. Both banks offer universal banking, mobile money integration, and trade finance services in the Ivorian market.
• BOA Côte d'Ivoire (Bank of Africa): BOA Côte d'Ivoire is part of the Bank of Africa network and competes directly with BICICI in retail, SME, and corporate banking. Both banks target similar client segments including professionals, SMEs, and larger enterprises with universal banking services.
• NSIA Banque Côte d'Ivoire: NSIA Banque is a major Ivorian bank that competes directly with BICICI across retail, SME, and corporate segments. Both institutions offer universal banking products including deposits, credit, insurance distribution, and digital banking in Côte d'Ivoire.
• Coris Bank Côte d'Ivoire: Coris Bank Côte d'Ivoire is part of the Coris Bank International group and competes with BICICI in commercial banking, particularly SME and corporate segments. Both banks offer similar deposit, lending, and digital banking products in the Ivorian market.
• Orabank Côte d'Ivoire (Oragroup): Orabank Côte d'Ivoire is part of the Oragroup pan-African banking group and competes with BICICI across retail, SME, and corporate segments. Both banks target similar client profiles and offer universal banking services with regional ambitions.
• Banque Atlantique Côte d'Ivoire: Banque Atlantique Côte d'Ivoire is part of the Atlantic Financial Group and competes with BICICI across retail, SME, and corporate segments. Both banks offer universal banking products in the Ivorian market with similar digital and physical distribution strategies.
• Bridge Bank Côte d'Ivoire (Atlantic Group): Bridge Bank Côte d'Ivoire is part of the Atlantic Financial Group and competes with BICICI particularly in SME and corporate segments. Both institutions target business banking clients with comparable product offerings.

Broad incumbents

• Standard Chartered Bank Côte d'Ivoire: Standard Chartered Côte d'Ivoire is a global universal bank serving large corporates and institutional clients, overlapping with BICICI's enterprise banking segment. While less focused on retail and SME, it competes for large multinational and trade finance business.

Emerging players

• Wave Mobile Money: Wave is a mobile money operator and BICICI's Digicash integration partner, but also an emerging competitor in payments and financial services. While Wave currently relies on bank partnerships, its growth represents both an opportunity and a competitive threat to traditional banking in Côte d'Ivoire.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bicicotedivoire
• YouTubeyoutube.com/bicicibanque
• Facebookfacebook.com/bicicotedivoire
• LinkedInlinkedin.com/company/bicici

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 BICICI