How many employees work at Baobab Banque Madagascar?

BAOBAB BANQUE MADAGASCAR SA has approximately 878 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Baobab Banque Madagascar’s total headcount has grown 3.9% from 845 employees in 2023 to 878 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About Baobab Banque Madagascar’s Workforce

BAOBAB BANQUE MADAGASCAR SA is a Financial Services company that employs 878 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. The company is headquartered in Antananarivo, Madagascar.

Baobab Banque Madagascar's workforce has grown 3.9% from 2023 to 2026, up 2.4% year over year in 2026. It fell to a low of 832 in 2024 Q4 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (99.3%), followed by South Asia (0.6%) and North America (0.1%).

Baobab Banque Madagascar's functional groups are Engineering (52.5%), Finance and Operations (32.5%), and Sales and Marketing (15.1%), with Engineering growing fastest (up 4.4%). The average salary is $17,195, highest in Sub-Saharan Africa at a median of $11,000, down 0.7% year over year in 2026.

Sourced from Revelio Labs workforce data.

Headquarters
Antananarivo, Madagascar
Industry
Financial Services
Employees
878
YoY
+2.4% (+10)

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Baobab Banque Madagascar Annual Employee Count (2023-2026)

Interactive chart of Baobab Banque Madagascar annual worldwide employee count from 2023 to 2026.
  • Baobab Banque Madagascar had 878 employees in 2026, a 2.4% increase (+10) from 2025.
  • Baobab Banque Madagascar had 878 employees in 2025, a 4.2% increase (+46) from 2024.
  • Baobab Banque Madagascar had 832 employees in 2024, a 0.3% increase (-3) from 2023.
  • Baobab Banque Madagascar had 835 employees in 2023, a 0.3% decline (-28) from 2022.

Baobab Banque Madagascar's total workforce has grown from 845 employees in 2023 to 878 in 2026.

BAOBAB BANQUE MADAGASCAR SA quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1878+10+2.4%
2025Q4878+46+4.2%
2025Q3851+3+1.0%
2025Q2860+8+0.7%
2025Q1868+35+2.6%
2024Q4832-3+0.3%
2024Q3848-6+0.5%
2024Q2852+7+3.8%
2024Q1833-36-0.3%
2023Q4835-28-0.3%
2023Q3854+20+5.9%
2023Q2845+4+3.0%

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Baobab Banque Madagascar Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Baobab Banque Madagascar's global workforce with approximately 99% of total employees, followed by South Asia and North America.

Baobab Banque Madagascar employees by region

RegionEmployees% of Total
Sub-Saharan Africa86499.3%
South Asia50.6%
North America10.1%

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Baobab Banque Madagascar Employee Count by Department (2026)

Baobab Banque Madagascar's employee groups are Engineering (52.5%), Finance and Operations (32.5%), and Sales and Marketing (15.1%).

Baobab Banque Madagascar employees by department

DepartmentEmployees% of Total
Engineering46152.5%
Finance and Operations28532.5%
Sales and Marketing13315.1%

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Baobab Banque Madagascar Employee Salary by Region (2026)

Baobab Banque Madagascar's average employee salary is $17,195 globally. Employees in Sub-Saharan Africa receive the highest compensation.

Baobab Banque Madagascar median employee salary by region (USD)

RegionMedian Salary
Sub-Saharan Africa$11,000

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Frequently Asked Questions About Baobab Banque Madagascar

How fast is Baobab Banque Madagascar growing?
In 2026, Baobab Banque Madagascar's headcount grew 2.4% to 878 employees, up from 868 in 2025.
See the full headcount history
Where are Baobab Banque Madagascar employees located?
Most Baobab Banque Madagascar employees are based in Sub-Saharan Africa (99.3% of headcount), followed by South Asia and North America.
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What is the average salary at Baobab Banque Madagascar?
The average employee salary at Baobab Banque Madagascar is approximately $17.2k per year.
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When was Baobab Banque Madagascar founded and where is it headquartered?
Baobab Banque Madagascar is headquartered in Antananarivo, Madagascar.
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