 Banks in Libreville and Rest of GabonThe banking system in Gabon is regulated by the Central Bank of Central African States (BEAC), which is responsible for maintaining financial stability and ensuring the soundness of the banking system. BEAC is the central bank of six countries in the region, including Gabon, and it issues the regional currency, the Central African CFA franc (XAF). The banking sector in Gabon is relatively small, with a few large banks dominating the market. The largest banks in Gabon include BGFI Bank, Société Générale Gabon, BICIG (BGFIBank Gabon), and United Bank for Africa (UBA). These banks offer a range of services, including personal and business banking, loans, mortgages, and investment services. In addition to these traditional banks, there are also microfinance institutions and mobile banking services that are becoming more popular in Gabon. Mobile banking services allow customers to access their accounts and conduct transactions using their mobile phones, which can be especially helpful for people who live in rural areas and have limited access to traditional banks.
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