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Bank El Amana: A Strategic Transformation Supported by an Innovative Partnership with Capital Banking Solutions
3 September 2024

Testimonial Mohamed Ahmed Salem Bouna Moctar – Deputy General Manager of Bank El Amana

Since its establishment in 1996, Banque El Amana (BEA) has emerged as a leading financial institution in Mauritania. Under the leadership of Mohamed Ahmed Salem Bouna Moctar, BEA has evolved to meet the changing needs of the market while maintaining a mission focused on excellence and innovation.

Originally founded to promote social housing in Mauritania, BEA underwent a major transformation in 2004 with the privatization of the Banque de l’Habitat de Mauritanie. “This privatization marked the beginning of a new era for BEA, which quickly restructured itself to become a full-service commercial bank,” notes Mohamed Ahmed Salem Bouna Moctar. Today, BEA stands out for its strong capitalization and a network of branches covering several key regions of the country. With its extensive international correspondent network, BEA strives to strengthen its position in an increasingly competitive market.

“Capital Banking Solutions has been a true catalyst for our transformation.”

The relationship between BEA and Capital Banking Solutions (CBS) also dates back to 2004, coinciding with the bank’s transformation. By adopting the CapitalBanker (formerly Orion) solution for its core banking system, BEA laid the foundation for a strong and lasting partnership. The partnership with CBS has enabled BEA to integrate innovative solutions such as CapitalCompliance and CapitalClearing, thereby strengthening its regulatory compliance and optimizing the management of interbank transactions. These tools have not only improved the bank’s operational efficiency but have also contributed to its competitiveness in the Mauritanian and international markets.

BEA does not intend to stop there. Under the leadership of Mohamed Ahmed Salem Bouna Moctar, the bank has recently integrated new technological components such as WhatsApp Banking, CapitalLending, CapitalPayments, and Capitale-Learning. These initiatives are part of a comprehensive strategy aimed at bringing the bank closer to its customers, especially young people, and promoting their financial inclusion. “Our main objective is to get closer to our potential clients, especially young people, and to promote their financial inclusion,” he emphasizes. The integration of these solutions demonstrates BEA’s commitment to being at the forefront of banking innovation in Mauritania while meeting the specific needs of its clients. By focusing on accessibility, security, and efficiency, BEA positions itself as a modern institution oriented towards the future.

An Evolving Partnership

The General Manager of BEA sees a promising future for the collaboration with CBS. Building on their shared experience, the two partners aim to continue innovating together to transform BEA into a community-focused bank, deeply rooted in the daily lives of its customers.

“With the support of CBS, we aim to strengthen our role as the leading bank in Mauritania,” says Mohamed Ahmed Salem Bouna Moctar. With increasingly personalized and accessible banking solutions, BEA aspires to become an essential player in the Mauritanian financial landscape, while actively supporting the country’s economic and social development.

Thanks to its strategic partnership with Capital Banking Solutions, Banque El Amana has transformed into a modern, responsive bank that is close to its customers. This transformation journey, grounded in innovation and proximity, positions BEA as a cornerstone of financial development in Mauritania, ready to face future challenges while remaining true to its values of excellence and service.

About Banque El Amana

Banque El Amana is a leading financial institution in Mauritania, offering a wide range of banking products and services to its individual, corporate, and institutional clients. The bank is known for its commitment to innovation and its constant focus on improving the customer experience.

About Capital Banking Solutions

For over 25 years, Capital Banking Solutions has been developing and integrating innovative banking solutions tailored to various international banks. Leveraging our expertise, extensive experience, and ongoing research and development efforts, we offer a broad range of innovative products to address the needs and challenges of the banking market and our 200 banking and financial institution clients.

We are leaders in universal banking, retail banking, corporate banking, private banking, Islamic banking, microfinance, neo-banks, family offices, and asset management and brokerage companies. Our software solutions are open architecture, modular, and available on both cloud and on-premise platforms. With 300 expert employees based in France, Switzerland, Dubai, Lebanon, Ivory Coast, Egypt, Morocco and the USA, we ensure seamless product support, services, and a close relationship with all our clients.

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