Baobab Banque Madagascar

Baobab Banque Madagascar

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Last update: Jan 30, 2025 Last update: Jan 30, 2025
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Details

Legal residence:Madagascar
Organization type:Financial service provider
Funding agencies:Other
Other
Sectors:Banking
Banking
Nr. of employees:501-1000
Sanctions:Check now
Status:
Active

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About

Launched in 2006, Baobab Banque Madagascar is part of the Baobab group, an international network of financial institutions that share the common mission of providing quality financial services that are accessible and adapted to the needs of people who are excluded or poorly served by the financial sector. Our goal is to improve the living conditions of our customers and their families, and to participate in the economic development of Madagascar.
We offer credit, savings, payment methods and insurance services within our network of 39 branches, and more than 300 Baobab points.

We offer a digital banking solution which is the "Baobab network" Developed so that our customers can manage their money without having to use the traditional service in a branch. This solution is based on partnerships with small traders, formed into a network and equipped with a biometric recognition system. Customers can deposit and withdraw money, repay their Microcred loans and pay their bills. Baobab communicates with its customers by SMS and offers them offers that evolve over time, based on their history of network usage and repayment of their credits.

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