Banque Indosuez Mer Rouge

Banque Indosuez Mer Rouge is the second largest bank in Djibouti and is a wholly owned subsidiary of the French bank Crédit Agricole Indosuez.

The firm traces its presence in Djibouti to 1908 when Banque de l'Indochine established a branch there, although it had started issuing banknotes for Djibouti in 1907.

Meuleau, M. 1990. Des Pionniers en Extrême-Orient: Histoire de la Banque de l’Indochine, 1875-1975. (Paris: Librairie Arthème Fayard).

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