Company Information

Get to know Société Ivoirienne de Banque

Founded in 1962, Société Ivoirienne de Banque (SIB) is one of the oldest and most prominent banking institutions in Côte d'Ivoire. Initially a state-owned development bank, it was privatized in 2012 and is now a subsidiary of the Moroccan banking group, Attijariwafa Bank. SIB offers universal banking services, including retail banking for individuals, corporate banking for businesses, and market activities, aiming to support the economic development of the country and meet the diverse needs of its clientele.

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Société Ivoirienne de Banque

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1962 (64 Years)

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.