Jean-Luc Konan, Chairman and CEO of the COFINA Group has just announced that he has obtained official approval for his company, COFINA. " Our institution has obtained the approval of the official authorities, we have officially become "COFINA Côte d'Ivoire", he announced.

The Compagnie Africaine de Crédit known as CAC SA has changed its name, and now bears the name of Compagnie Financière Africaine, abbreviated COFINA. This change is taking place within a framework of standardization of all the subsidiaries of the COFINA Group and reinforces the Group's synergy.

The Ivorian subsidiary of the COFINA Group wants to impact a significant number of SMEs excluded from traditional financial circuits and promote financial inclusion, which remains a major challenge for the development of the continent.
Led by Ivorian banker Jean-Luc Konan (in the middle of the photo), the group recorded a total balance sheet of 212 billion CFA francs at the end of 2019, compared to 158 billion in 2018 and 155 billion in 2017. Outstanding loans increased by 30% to 146 billion CFA francs in 2019, and deposits reached 134 billion CFA francs, an increase of nearly 29%.