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Acquisition: Coris Bank finalizes the acquisition of Standard Chartered's business in Côte d'Ivoire

02/09/2024
Categories: Companies

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Coris Bank International Cote d'Ivoire finalized on 30 August the process of buying the retail banking portfolio of the British group Standard Chartered in Côte d'Ivoire. “This agreement strengthens Coris Bank International's position on the Ivorian market. It is thus expanding and diversifying its clientele and its range of banking services,” said the bank founded by the Burkinabe

Idrissa Nassa.

“This agreement strengthens Coris Bank International's position on the Ivorian market. It is thus expanding and diversifying its clientele and its range of banking services,” said the bank founded by the Burkinabe

Idrissa Nassa.

For Abdoul-Moumoune Younoussi, CEO of Coris Bank International Côte d'Ivoire, this is an important step: “This transfer shows our commitment to offering improved and innovative financial services to all our customers, while ensuring a smooth and uninterrupted transition. This strategic partnership illustrates our vision of promoting financial inclusion and supporting economic development in Côte d'Ivoire.

This transaction illustrates Coris Bank's desire to consolidate its position as a major player in the financial sector in Côte d'Ivoire. Far from sticking to traditional transactions, the institution seeks to transform its approach to financial services, offering solutions adapted to the evolving needs of Ivorians

.

Under the direction of Abdoul-Moumoune Younoussi, Coris Bank Côte d'Ivoire clearly shows its ambitions. For him, the integration of Standard Chartered Bank's retail segment represents much more than an increase in market shares. This is an opportunity to modernise the banking offer and to strengthen the bank's mission: to make financial services more accessible and inclusive.

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