Banking

Tuesday 14 December, 2021
BTCI, a fully public Togolese bank, has been officially privatized. It is now part of IB Holding, which is owned…

Thursday 25 November, 2021
The West African Development Bank (BOAD) will soon get a €150 million (CFA98 billion) credit facility from the African Development Bank…

Friday 12 November, 2021
Moroccan group Bank of Africa (BOA) will spend CFA40 billion to support the private sector in 15 ECOWAS States. The…

Tuesday 9 November, 2021
Coris Bank International (CBI) will soon launch in Togo its e-currency, Coris Money, sources close to the group told Togo…

Friday 5 November, 2021
While its shares in real property and other important projects are well known, the National Social Security Fund also has…

Tuesday 26 October, 2021
The Lomé-based pan-African bank Ecobank has secured a $60 million loan from a consortium led by PROPARCO, the AFD’s arm dedicated…

Monday 25 October, 2021
The 13 banks active in Togo seem to be coping well against the Covid-19 pandemic which has spurred uncertainty in…

Wednesday 13 October, 2021
Togolese investors lost more than CFA20 billion in the “Trading Gate” scam. Talking to France 24, Ange Ketor, head of…

Tuesday 28 September, 2021
Togo First presents the 2020 ranking of banks operating in Togo, by assets, deposits, and loans. With a total balance…

Thursday 23 September, 2021
Société Générale de Micro et Méso finance or Sogemef said it has loaned over CFA15 billion to its customers in…

Monday 20 September, 2021
So far into the month, Togolese financial institutions asked and obtained CFA610 billion from the Central Bank of West African States…

Saturday 14 August, 2021
IB Holding, owned by construction mogul Mahamadou Bonkoungou, will get an 8.2% stake in the BTCI, one of Togo’s two…

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