Verified List of Banks in Mali (2026 Update)
Official Name: Republic of Mali
Capital City: Bamako
Currency: West African CFA franc (XOF)

Continent: Africa Country: Mali Total Banks: 14
Our records for Mali currently show 14 verified banking institutions, primarily based in and around Bamako. This listing was last cross-checked against primary sources during the 2026 audit cycle.
Mali has a population of approximately 25,900,000, offering scale context for its 14 listed banking institutions. Average inflation is estimated at approximately 2.00%, a useful benchmark for currency and purchasing-power stability in the region. Mali reports a public debt-to-GDP ratio of approximately 34.8%, against an unemployment rate of 2.80%. Banque de Developpement du Mali is recognized as the largest commercial bank serving Mali.
An estimated 100% of Mali's listed banking institutions maintain a direct SWIFT/BIC connection, placing the country in our 'Integrated' connectivity tier.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
✓ 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: January 1, 2026






