Banking
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…
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Thursday 22 April, 2021
Since it was taken over by Sunu Group in 2018, as it was in an impasse, the BPEC, now Sunu…
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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…
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Thursday 15 April, 2021
Together, Orabank and Ecobank claim slightly over 42% of the Togolese banking assets. This is according to the latest data…
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Tuesday 13 April, 2021
Akin Dada is the new Group Executive, Corporate and Investment Bank of the Ecobank Transnational Incorporated (ETI) Group. Executive Director…
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Thursday 1 April, 2021
On Wednesday, March 31, 2021, Serge Ekue, president of the West African Development Bank (BOAD), announced that the institution plans…
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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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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…
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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…
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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…
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Wednesday 30 December, 2020
Interest rates of banks operating in Togo are extremely high, in contrast with easing measures introduced this year to support…
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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…
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