In Cape Verde, several financial institutions issue credit cards, catering to both individual and corporate clients. The primary credit card issuers include:
1. Banco Interatlântico (BI): Established in July 1999, Banco Interatlântico is a subsidiary of the Portuguese Caixa Geral de Depósitos, which holds a 70% stake in the bank. BI offers various credit card options, including the Visa Classic and Visa Gold cards, tailored to meet the diverse needs of its customers.
2. Banco Comercial do Atlântico (BCA): Founded on September 1, 1993, BCA emerged from the commercial banking functions previously managed by the Bank of Cape Verde. With its headquarters in Praia and 34 branches across all inhabited islands, BCA is a significant player in the Cape Verdean banking sector. The bank offers a range of credit card products to its clientele.
3. Caixa Económica de Cabo Verde (CECV): Established in 1928 as Caixa Económica Postal, it became an autonomous financial institution in 1985 and was later restructured into a limited liability company in 1993. CECV provides various banking services, including the issuance of credit cards.
4. Banco Caboverdiano de Negócios (BCN): Founded in 2003, BCN was initially known as Banco Totta de Cabo Verde before rebranding in 2005. Headquartered in Praia, BCN offers credit card services among its financial products.
5. Ecobank Cabo Verde: As part of the pan-African Ecobank network, Ecobank Cabo Verde provides a range of banking services, including the issuance of Visa-branded credit cards.
These institutions offer a variety of credit card products, primarily under the Visa brand, to accommodate the diverse needs of consumers and businesses in Cape Verde.