The Togolese subsidiary of the pan-African banking group Oragroup is increasingly profitable. If on December 31, 2018, it managed to increase its balance sheet total by nearly 100 billion CFA francs to 632 billion, its profitability has also improved. The largest bank operating in Togo shows an improvement in its operating ratio, from 60% to 58%, as well as in the net cost of risk. A positive result following a 12% increase in net banking income (GNP) which reached 31.5 billion CFA francs and a control of its expenses. In the dynamics of its activities, Orabank, now claims to hold 24% of the banking market of deposits. In 2018, the bank collected more than 395 billion FCFA in deposits, 80 billion more than a year earlier. In the segment of loans to the economy, it remains the leader, holding 27% of a market shared by a dozen other banks including Ecobank, its biggest challenger. This is 328 billion in direct credits that the institution has granted to the Togolese economy, an increase of 43 billion. In the same momentum, Orabank is doing as a year earlier with a net profit, of 9 billion FCFA, up 1 billion compared to 2017. "Based on the analysis of the bank's key figures, we can say that these objectives have been achieved because Orabank Togo consolidates its leading position and maintains its solvency and profitability despite the effects of gravity on the financial situation due to the application of the new Basel 2-Basel 3 rules, and this in a very competitive environment", Guy Martial Awona (photo), CEO of Orabank-Togo, told African Economies Magazine. For 2019, the "priority will be to improve the quality of the customer journey with ... the omnichannel digital platform called KEAZ", according to the CEO who announces that Orabank Togo should continue its expansion plan with the opening of 6 new branches by 2020.