Generale de Banque de Mauritanie

Générale de Banque de Mauritanie (GBM) operates as a financial institution in Mauritania, providing banking services to a business clientele. The bank's offerings are structured into both conventional and participatory (Islamic) banking frameworks. Its business model centers on facilitating corporate financial needs through various funding and investment mechanisms.

GBM's core services include Sharia-compliant financing options tailored for different business requirements. Through the Murabahah contract, the bank procures and resells equipment to companies. The Ijarah contract allows clients to rent necessary equipment purchased by the bank. For business expansion, such as new production or storage facilities, GBM offers Istisna financing. The Mudarabah contract positions the bank as a capital partner for entrepreneurs, providing the necessary funds to launch their ventures.

In addition to Islamic finance, the institution supports day-to-day operations with electronic payment terminals (TPEs) for card payments. It also facilitates international trade through financing for import and export operations, alongside currency transfer and exchange services. Revenue is generated from fees, profit-sharing arrangements on its participatory financing products, and interest on conventional banking services.

Keywords: Islamic banking, corporate finance, Murabahah, Ijarah, Mudarabah, trade finance, asset financing, participatory banking, electronic payments, Mauritania