The Bank For International Trade Of Mauritania (BMCI) Was Established In 1974 Under The Name B.A.A.M (African Arab Bank Of Mauritania). The Capital Was Divided Between The Mauritanian State (51%) And The Egyptian Financial Institutions Group Arab African International Bank (A.A.I.B) (49%).
In 1984, The Abbas Group Acquired A Stake In The State. The Bank Was Renamed B.M.A.A (Arab African Bank Of Mauritania). Later, B.M.A.A. Negotiated To Buy Shares In Egypt.
In 1986, The Bank Changed Its Name And Became BMCI.
