Banque Internationale du Bénin
Encyclopedia
Banque Internationale du Bénin (B.I.B.E.) is a national bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 of Benin
Benin
Benin , officially the Republic of Benin, is a country in West Africa. It borders Togo to the west, Nigeria to the east and Burkina Faso and Niger to the north. Its small southern coastline on the Bight of Benin is where a majority of the population is located...

. It is a member of the West African Bankers' Association.

It has its headquarters based at Carrefour des 3 Banques in Cotonou
Cotonou
-Demographics:*1979: 320,348 *1992: 536,827 *2002: 665,100 *2005: 690,584 The main languages spoken in Cotonou include the Fon language, Aja language, Yoruba language and French.-Transport:...

 but also has branches in Porto-Novo
Porto-Novo
Porto-Novo is the official capital of the West African nation of Benin, and was the capital of French Dahomey. The commune covers an area of 110 square kilometres and as of 2002 had a population of 223,552 people.Porto-Novo is a port on an inlet of the Gulf of Guinea, in the southeastern portion...

 and Parakou
Parakou
Parakou is the largest city in eastern Benin, with an estimated population of around 188,853 people, and capital of the Borgou Department. The mayor as of 2008 was Samou Seidou Adambi and administratively the commune of Parakou makes up one of Benin's 77 communes.-Economy:Parakou lies on the main...

. Nigeria
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...

dominates the bank, with the First Bank of Nigeria Plc. having a 13,6% share, the Union Bank of Nigeria Plc. (13%), Nigerian Economic Operatives (47,7%), Nigerian Bureau of Public Enterprises (6,7%), and then the First Interstate Merchant Bank Ltd. (11,1%) and finally the Beninese Economic Operatives with 8.2%.
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