Société nigérienne de banque
SONIBANK is a Nigerien commercial bank founded in 1990, headquartered in Niamey, with a network of branches across Niger and a subsidiary in Benin.
Last updated September 27, 2026
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Overview
Société nigérienne de banque, commonly known as SONIBANK, is a commercial bank based in Niger. It was established on 29 August 1990 to strengthen the country's banking system, which had been weakened by the liquidation of the BDRN. The bank is headquartered in Niamey and operates as a full-service commercial bank, offering traditional banking products and services alongside online banking and magnetic cards (BUKATA and ASUSU) for transactions at automated teller machines. SONIBANK maintains a network of 13 branches, seven of which are located in Niamey, with the remaining six spread across the interior of the country in Arlit, Agadez, Tahoua, Maradi, Dosso and Zinder. It also operates a branch in Benin. The bank serves approximately 50,000 accounts, including 7,000 accounts belonging to small and medium-sized enterprises (SMEs). As of 31 December 2017, the total amount of customer deposits stood at 116 billion CFA francs. The bank's share capital of 12 billion CFA francs is held by a mix of domestic and regional institutions. The Société tunisienne de banque (STB) holds 25%, the Central Bank of West African States (BCEAO) holds 10%, the West African Development Bank (BOAD) holds 10%, the Ministry of Economy and Finance holds 5%, the Caisse Nationale de Sécurité Sociale (CNSS-Niger) holds 4%, and the Société nigérienne des produits pétroliers (SONIDEP) holds 3%. Its registered office is in Niamey. As a Nigerien commercial bank, SONIBANK plays a role in the national economy, providing banking services to individuals, businesses and public institutions. Its ownership structure reflects a combination of regional banking institutions and Nigerien state-linked entities.
History
Société nigérienne de banque (SONIBANK) was created on 29 August 1990. Its establishment was intended to reinforce the Nigerien banking system, which had been weakened by the liquidation of the BDRN (Banque de Développement de la République du Niger). The bank was set up as a commercial bank with its head office in Niamey. Over the years, SONIBANK developed a branch network covering both the capital and the interior of the country. Its network comprises 13 branches, with seven in Niamey and six in Arlit, Agadez, Tahoua, Maradi, Dosso and Zinder. The bank also established a branch in neighbouring Benin. In terms of services, SONIBANK expanded beyond traditional banking to offer an online banking portal and magnetic cards, branded BUKATA and ASUSU, for transactions at automated teller machines. By the late 2010s, the bank reported serving approximately 50,000 accounts, including 7,000 SME accounts, with total customer deposits of 116 billion CFA francs as of 31 December 2017. The bank's capital of 12 billion CFA francs is held by a group of institutional shareholders: Société tunisienne de banque (25%), Banque centrale des États de l'Afrique de l'Ouest (10%), Banque ouest-africaine de développement (10%), the Ministry of Economy and Finance (5%), Caisse Nationale de Sécurité Sociale (4%) and Société nigérienne des produits pétroliers (3%). This ownership mix combines regional banking institutions with Nigerien state-linked entities.
Société nigérienne de banque (SONIBANK) is created on 29 August 1990 to strengthen the Nigerien banking system after the liquidation of the BDRN.
The bank operates a network of 13 branches, including 7 in Niamey and 6 in the interior (Arlit, Agadez, Tahoua, Maradi, Dosso, Zinder), and a branch in Benin.
As of 31 December 2017, customer deposits total 116 billion CFA francs, with approximately 50,000 accounts including 7,000 SME accounts.
Products and positioning
A Nigerien commercial bank with regional institutional shareholders, serving retail, SME and institutional customers through a national branch network and digital channels.
Commercial banking products and services
Online banking portal
BUKATA magnetic card
ASUSU magnetic card
ATM services
SME accounts
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