Coris Bank Togo Expands Balance Sheet, Customer Base in 2025

Finance

Wednesday, 01 July 2026 15:46

Coris Bank Togo Expands Balance Sheet, Customer Base in 2025

(Togo First) - More than a decade after entering the Togolese market, Coris Bank International (CBI Togo) continued to grow in 2025. As of the end of December, the bank reported total assets of CFA 615.5 billion, up from CFA 559.4 billion a year earlier, representing an annual growth of 10%.

The growth reflects the broader expansion of the Coris Group, which reported consolidated total assets of CFA 7.74 trillion and more than 1.2 million customers across the West African Economic and Monetary Union (WAEMU).

CBI Togo also expanded its customer base during the year. The number of customers rose to 90,983 in 2025 from 79,419 in 2024, an increase of 14.6%. Growth was even stronger in digital financial services. The number of digital wallet users reached 259,569, up 21.6% from 213,430 a year earlier.

To support its expansion, CBI Togo expanded its network to 19 branches and offices, up from 17 a year earlier. The network also includes 22 automated teller machines (ATMs) and 71 electronic payment terminals. Customer deposits reached CFA 366.1 billion at the end of 2025, up nearly 10% from CFA 333.2 billion a year earlier.

Net loans after provisions totaled CFA 244.6 billion, also representing growth of 10%. Off-balance-sheet commitments, meanwhile, stood at CFA 92.6 billion. Total outstanding financing exceeded CFA 337 billion. The bank said it granted CFA 108 billion in new loans during 2025.

Digital Services Drive Growth

CBI Togo’s digital offering includes its MyCoris Bank online banking platform, the PI-CORIS solution connected to the WAEMU instant payment system, and Coris Money.

As of the end of 2025, the Coris Money network included more than 10,000 service points nationwide, comprising 23 distributors, 9,228 agents and 902 merchants accepting payments.

Beyond its financial results, the bank highlighted its contribution to the national economy through lending to businesses, SMEs and households. In 2025, it also paid approximately CFA 1.7 billion in taxes. Although CBI Togo continued to expand, it remained the country’s third-largest bank, behind Ecobank and Orabank.

Ecobank Togo, the country’s largest bank, also posted strong growth. Total assets reached CFA 724.2 billion at the end of 2025, an increase of 17% from a year earlier. Ecobank’s net customer loans reached CFA 373 billion, compared with about CFA 337 billion at Coris.

Esaïe Edoh

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.