Banking

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…

Wednesday 9 June, 2021
Between 2019 and 2020, loans given to non-residents by banks in Togo swelled by CFA317 billion, from CFA800 billion to…

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…

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