The Mauritanian Bank for International Trade was created in 1974 under the name of BAAM (African Arab Bank in Mauritania) with a capital partner between the Mauritanian State of 51% and Arab International Bank African, Egyptian financial institution at 49% height.
In 1984, the State's stake was bought by the ABBAS group. Mauritanian African Arab Bank). Later, the B.M.A.A negotiated the buyout of the Egyptian stake.
In 1986, the bank changed its name and became BMCI.
Today, it occupies a leading position in the Mauritanian banking market. First bank in balance sheet size, in number of customers and in total deposits, it also has the large network of bank branches.