Official Name: State of Eritrea

Capital City: Asmara

Currency: Nakfa (ERN)

Eritrea National Flag

Continent: Africa Country: Eritrea Total Banks: 3

3 banks are currently documented for Eritrea in the Bankinfobook directory, with Asmara as the country's principal financial hub. All entries have undergone manual verification as of 2025.

Foreign exchange reserves equal roughly 16.7% of GDP, indicating a limited external liquidity buffer relative to economic output. Eritrea holds 1.72 tonnes of gold reserves, a hard-asset buffer factored into its broader financial resilience profile.

Our SWIFT-to-Bank analysis places Eritrea in the 'Integrated' connectivity tier, with 3 of its 3 listed institutions maintaining a direct SWIFT/BIC connection (100%).

Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.


Commercial bank

SWIFT: CBERERAI

Eritrea bank

SWIFT: BOERERAI

Hausing and commerce bank

SWIFT: HCBEERAI

✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.

Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist

Last Data Review: July 26, 2025