Banking

Tuesday 3 September, 2019
Ecobank closes H1 2019 with $164.75 mln net result, 2% down YoY
Banking

Ecobank closes H1 2019 with $164.75 mln net result, 2% down YoY

Ecobank Transnational Incorporated (ETI), the Lomé-based pan-African banking group closes the first half this year with a net result of $164.75…
Wednesday 28 August, 2019
IFC exits Ecobank’s shareholding, sells its stake to Arise BV
Banking

IFC exits Ecobank’s shareholding, sells its stake to Arise BV

The International Finance Corporation has completed the sale of its 14.1% stake in Ecobank Transnational Incorporated (ETI) to Africa-focused Investment…
Thursday 4 July, 2019
Lomé-based Oragroup increased its capital to XOF69.415 billion
Banking

Lomé-based Oragroup increased its capital to XOF69.415 billion

Pan-African banking group Oragroup recently raised its capital to XOF69.415 billion, thus adding XOF6.097 billion to its initial capital. The…
Tuesday 2 July, 2019
On July 3, Oranbank Togo will reveal its new online banking platform, KEAZ
Banking

On July 3, Oranbank Togo will reveal its new online banking platform, KEAZ

Tomorrow, July 3, Orabank-Togo will launch KEAZ, its brand new digital platform. The platform “aims at allowing all strata of…
Friday 24 May, 2019
Oragroup to redistribute partial interests on 2013-2019 bond next June 4
Banking

Oragroup to redistribute partial interests on 2013-2019 bond next June 4

On June 4, 2019, those who subscribed to the 2013-2019 bond issued by Lomé-based Oragroup will receive quarterly interests. The…
Thursday 23 May, 2019
Cameroonian Ferdinand Ngon Kemoum appointed Oragroup’s new Managing Director
Banking

Cameroonian Ferdinand Ngon Kemoum appointed Oragroup’s new Managing Director

Cameroonian Ferdinand Ngon Kemoum is Oragroup’s new Managing Director. Former deputy MD of the group between October 2009 and September…
Friday 10 May, 2019
Regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion
Banking

Regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion

The regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion (from 9.144 billion), by issuing 44,500 new…
Monday 6 May, 2019
Ecobank group records pre-tax profit of $103 million in Q1 2019
Banking

Ecobank group records pre-tax profit of $103 million in Q1 2019

During the first quarter of 2019, Ecobank Transnational Incorporated recorded a pre-tax profit of $103 million, down 8% compared to the…
Friday 19 April, 2019
Ecobank raises $450 million on international financial market
Banking

Ecobank raises $450 million on international financial market

Ecobank raised $450 million during its last bond issuance on the international market. “The success of this Eurobond reflects the interest…
Wednesday 17 April, 2019
Oragroup officially listed on BRVM  
Banking

Oragroup officially listed on BRVM  

On Tuesday, April 16, Oragroup officially listed 20% (13,883,006 shares) of its capital on the BRVM stock market. This is…
Thursday 21 February, 2019
Ecobank-Togo : Length of account numbers reduced
Banking

Ecobank-Togo : Length of account numbers reduced

From 16 digits, account numbers of Ecobank Togo’s customers have now been reduced to 12 digits. However, old account numbers…
Monday 4 February, 2019
Coris Bank becomes the first bank in Togo to get ISO certification
Banking

Coris Bank becomes the first bank in Togo to get ISO certification

Coris Bank International Togo (CBI-Togo) just got an ISO-9001-2015 certification under the serial number FS 703571. This certification, the first…
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