Banque Atlantique Senegal has opened a new headquarters in Dakar as it looks to expand its business and strengthen ties with customers and companies across the country. The new building was inaugurated by Naziha Belkeziz, chairwoman and chief executive of Banque Centrale Populaire (BCP) Group, which owns the Senegalese bank, alongside Hassan Naciri, ambassador of the Kingdom of Morocco to Senegal. Bank executives, business leaders and regional representatives also attended the ceremony.
The move brings the bank’s administrative operations into a new headquarters, supporting its plans to develop retail and corporate banking, expand digital services and finance projects across Senegal.
Banque Atlantique Senegal serves individuals, businesses and other economic players. Its priorities include financing infrastructure projects, supporting small and medium-sized enterprises, and helping companies trade between North and West Africa.
BCP owns a 79.82% stake in Banque Atlantique Senegal. The wider group has assets worth more than 465bn Moroccan dirhams, equivalent to about $46bn, and serves more than 8.5m customers through its pan-African network.
Its network includes 9,539 branches and agent-banking points, while its banking operations cover all eight member countries of the West African Economic and Monetary Union (WAEMU), a regional bloc that shares the CFA franc.
Senegal’s banking sector is competitive, with more than 29 licensed credit institutions. Banque Atlantique Senegal competes with lenders including Societe Generale, CBAO Groupe Attijariwafa Bank, Ecobank and Bank of Africa.
The bank’s expansion comes as Senegal’s economy develops its oil and gas industries. Commercial production at offshore projects, including Sangomar and Greater Tortue Ahmeyim, has increased demand for services such as corporate banking, cash management and financing for large projects.
The new headquarters also reflects BCP’s wider strategy to strengthen its operations across West and Central Africa. The group operates through Atlantique Business International (ABI) across all eight WAEMU countries, making it a significant foreign banking network in the region.
BCP has also pursued expansion and modernisation elsewhere in West Africa. In Togo, it opened dedicated private-banking branches in Lomé in August 2026. In Burkina Faso, it expanded social responsibility initiatives and institutional partnership funding with the National Social Security Fund (CNSS) in September.
In Ivory Coast, the group launched financing initiatives for the cocoa and coffee sectors and signed agreements to finance vehicle fleets in late September and October 2026.
The inauguration took place under BCP chief executive Naziha Belkeziz, as the group works to consolidate its expansion across West and Central Africa.
The development also highlights the economic links between Morocco and Senegal. Moroccan investment in Senegal spans banking, telecommunications, construction and agriculture, with Senegal serving as a key destination for Moroccan investment in West Africa.
