West African Bankers' Association

The West African Bankers' Association (WABA; French: Association des banques de l'Afrique de l'ouest (ABAO)) is a professional association of banking and financial services and institutions in West Africa.

West African Bankers' Association
Association des banques de l'Afrique de l'ouest (ABAO)
AbbreviationWABA
TypeIndustry trade group and professional association
Legal statusWestern Union
Region served
West Africa
Secretary General
Agbai Abosi
President
Eddy Ogbogu
AffiliationsWith Western Union
Websitewww.waba-abao.org

It has its headquarters and offices in Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

History

The WABA was created on August 10, 1981 with the main purpose of supporting and developing the West African Clearing House (WACH).[1]

Membership and organization

The organization has banking, securities, and auditing institutions, and individual members. The secretary general is Sega Balde, with Rev Ifeanyi IWANDE as president.

The central banks of each participating countries financed the association. The WABA serves as an intermediary between banks and the sub-regional committee of the central banks.[1]

The association is located in Freetown, Sierra Leone.[1]

See also

References

  1. "About us". Waba-abao.org. Retrieved 22 November 2016.


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