Banking

Thursday 22 April, 2021
Since it was taken over by Sunu Group in 2018, as it was in an impasse, the BPEC, now Sunu…

Tuesday 20 April, 2021
In Togo, banks have deferred the loan repayment of at least 438 businesses and 1,454 people, in line with the…

Thursday 15 April, 2021
Together, Orabank and Ecobank claim slightly over 42% of the Togolese banking assets. This is according to the latest data…

Tuesday 13 April, 2021
Akin Dada is the new Group Executive, Corporate and Investment Bank of the Ecobank Transnational Incorporated (ETI) Group. Executive Director…

Thursday 1 April, 2021
On Wednesday, March 31, 2021, Serge Ekue, president of the West African Development Bank (BOAD), announced that the institution plans…

Thursday 11 March, 2021
On March 8, 2021, the Central Bank of West African States (BCEAO) injected CFA218 billion into Togo’s banking market, at…

Monday 22 February, 2021
The Caisse Regionale de Refinancement Hypothecaire (CRRH-UEMOA), based in Lome, becomes the third best-rated financial institution by Moody's in the…

Tuesday 9 February, 2021
Amid the Covid-19 pandemic, microfinance institutions active in Togo considerably lowered loans to the public in the nine first months…

Wednesday 13 January, 2021
In Togo, outstanding loans granted by microfinance institutions in H1 2020 grew by 5.3%. This was revealed in the BCEAO’s latest…

Wednesday 30 December, 2020
Interest rates of banks operating in Togo are extremely high, in contrast with easing measures introduced this year to support…

Monday 21 December, 2020
Cofina Group, the African financial institution based in Côte d'Ivoire, partnered with the West African Development Bank (BOAD) to support…

Wednesday 16 December, 2020
Orabank Togo and Togocom will launch Mbanking, a service that allows its users to transfer money between the bank and…

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