Banking

Monday 31 August, 2020
Wall Street Journal reveals the four countries at the center of irregularities reported in the Doing Business’ underlying data
Banking

Wall Street Journal reveals the four countries at the center of irregularities reported in the Doing Business’ underlying data

China, Azerbaidjan, the United Arab Emirates, and Saudi Arabia are the four countries concerned by the irregularities that pushed the…
Friday 10 July, 2020
CRRH-UEMOA reports net profit of XOF1.24 billion for 2019
Banking

CRRH-UEMOA reports net profit of XOF1.24 billion for 2019

The WAEMU mortgage refinancing fund (CRRH-UEMOA) has reported for its 2019 financial year a net profit of XOF1.24 billion (XOF1,242,860,623…
Tuesday 16 June, 2020
Togolese banking sector to receive one newcomer
Banking

Togolese banking sector to receive one newcomer

Banque de Développement du Mali (BDM) will be entering the Togolese market soon. According to the BCEAO’s latest updates on banks…
Monday 15 June, 2020
Oragroup’s net income up 46.7% for the 2019 financial year
Banking

Oragroup’s net income up 46.7% for the 2019 financial year

For its 2019 financial year, Oragroup reported a net income of XOF18.327 billion. This is 46.7% more than the year…
Friday 5 June, 2020
“In the coming days, banks will finance the agricultural sector more” -Kossi Ténou, BCEAO national director
Banking

“In the coming days, banks will finance the agricultural sector more” -Kossi Ténou, BCEAO national director

The Togolese government is keeping up with initiatives to increase financing to the agricultural sector. Last Wednesday, top officials from…
Tuesday 26 May, 2020
Ecobank, Google partner to offer digital solutions to SMEs
Banking

Ecobank, Google partner to offer digital solutions to SMEs

Ecobank Group and Google are teaming up to help African SMEs keep pace in a fast-growing digital world. The partners…
Tuesday 28 April, 2020
Ecobank contributes $3 million to help African nations fight COVID-19
Banking

Ecobank contributes $3 million to help African nations fight COVID-19

Last week, Pan-African lender Ecobank disbursed about $3 million to help African nations fight the Coronavirus pandemic.  The support, which was…
Monday 20 April, 2020
Sani Yaya appointed head of governors’ council of BIDC
Banking

Sani Yaya appointed head of governors’ council of BIDC

Togo’s minister of economy and finance, Sani Yaya, is the new head of the council of governors of the ECOWAS…
Friday 10 April, 2020
Covid-19: Ecobank introduces fee-free electronic transactions to support clients
Banking

Covid-19: Ecobank introduces fee-free electronic transactions to support clients

In addition to the measures it announced to curb the spread of the Covid-19, Ecobank Transnational Incorporated (ETI) has established…
Wednesday 1 April, 2020
In Togo, banks and other financial institutions have changed their opening hours to slow the spread of the coronavirus
Banking

In Togo, banks and other financial institutions have changed their opening hours to slow the spread of the coronavirus

Effective April 1, 2020, banks and other financial institutions will be operating from 7:30 AM to 1:30 PM and 2:30…
Friday 21 February, 2020
Togo : Sunu adopts WhatsApp banking services to help its clients operate their accounts “without time constraints”
Banking

Togo : Sunu adopts WhatsApp banking services to help its clients operate their accounts “without time constraints”

In Togo, Sunu Bank, formerly Banque Populaire pour l’Epargne et le Crédit (BPEC) has adopted WhatsApp banking services to allow…
Friday 21 February, 2020
Ecobank launches 3rd edition of its Fintech Challenge
Banking

Ecobank launches 3rd edition of its Fintech Challenge

Lomé-based pan-African lender, Ecobank, just launched the 3rd edition of its “Ecobank Fintech Challenge.”  African startups that will run in…
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