Banking

Wednesday 25 July, 2018
Emerging Capital Partners picks BNP Paribas to arrange the sale of its stake in Orabank
Banking

Emerging Capital Partners picks BNP Paribas to arrange the sale of its stake in Orabank

U.S fund Emerging Capital Partners (ECP), major shareholder of Oragroup, has picked BNP Paribas to lead the sale of its 59.84%…
Tuesday 17 July, 2018
Ecobank to suspend its Eurobond, amid difficult conditions in emerging markets
Banking

Ecobank to suspend its Eurobond, amid difficult conditions in emerging markets

Due to actual difficult market conditions, Ecobank announced it will suspend the roadshow it started for its Eurobond last month.…
Tuesday 17 July, 2018
Coris Bank International-Togo starts building a new branch in Kara
Banking

Coris Bank International-Togo starts building a new branch in Kara

Coris Bank International-Togo is, according to reliable sources, commencing the construction of a new branch in the northern part of…
Wednesday 11 July, 2018
West African Development Bank to launch picture contest ahead of its 45th anniversary
Banking

West African Development Bank to launch picture contest ahead of its 45th anniversary

Ahead of its 45th anniversary next November, BOAD will launch a picture contest focused on the projects it finances with…
Wednesday 4 July, 2018
Togo: Coris Bank International has a new managing director
Banking

Togo: Coris Bank International has a new managing director

Since last Monday, Alassane Kaboré became the new managing director of Coris Bank International’s Togolese subsidiary, Confidentiel Afrique reports. Prior…
Thursday 14 June, 2018
Togo : Legal interest rate set at 4.5%
Banking

Togo : Legal interest rate set at 4.5%

Government set during the council of ministers held June 13, 2018, the legal interest rate for this year. From 3.5437%…
Thursday 7 June, 2018
Bank of Africa (BOA) gets $60 million funding from IFC to support SMEs in eight African countries, Togo included
Banking

Bank of Africa (BOA) gets $60 million funding from IFC to support SMEs in eight African countries, Togo included

World Bank’s private sector arm, the International Finance Corporation, promised last Monday a $60 million financing to the Bank of Africa…
Wednesday 23 May, 2018
Retail Banker International Awards 2018: Ecobank wins Best Digital Strategy Award
Banking

Retail Banker International Awards 2018: Ecobank wins Best Digital Strategy Award

Lomé-based pan-African bank Ecobank has won the Best Digital Strategy Award at the Retail Banker International Awards ceremony held in…
Wednesday 16 May, 2018
Togo : Banks becoming firms’ first financial sponsors ?
Banking

Togo : Banks becoming firms’ first financial sponsors ?

Apparently, in Togo, commercial banks are the main financial contributors to firms’ investments in secondary and tertiary sectors. Indeed, according…
Wednesday 28 March, 2018
Togolese Rose Kayi Mivedo appointed as the new director of Orabank Gabon
Banking

Togolese Rose Kayi Mivedo appointed as the new director of Orabank Gabon

Former deputy director of Orabank Togo, the group’s largest subsidiary, Rose Kayi Mivedor, was just appointed as the new director…
Thursday 1 March, 2018
Banque de France lauds performances of Togo’s banking sector
Banking

Banque de France lauds performances of Togo’s banking sector

Spurred by a 30.8% increase in operating income, Togo’s banking sector has recorded CFA63.4 billion of net positive results in…
Wednesday 14 February, 2018
Togo : In 2014-2016, banking sector’s net profit grew ten-fold (BCEAO)
Banking

Togo : In 2014-2016, banking sector’s net profit grew ten-fold (BCEAO)

In 2016, Togo’s banking sector recorded a net profit of 47 billion CFA francs, a remarkable increase compared to CFA4…
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