The year 2019 marked a real turning point for Oragroup , thanks in particular to its listing on April 16, 2019 on the Regional Stock Exchange ( BRVM ), during the first listing ceremony in Lomé. This IPO – the largest since the creation of the BRVM in 1998 – is both the culmination of work carried out over the past 10 years, but also and above all an incentive to continue along the same path. Market confidence confirmed the solidity of Oragroup 's model and the Group's growth potential.

By going public with 20% of the capital, Oragroup wanted to accelerate its growth trajectory, which is confirmed today by very strong 2019 results. By proceeding jointly with a capital increase and a sale of shares, Oragroup had then consecrated its regional roots and its attractiveness, in order to contribute actively to the development of the regional financial market.

Ferdinand Ngon Kemoum, Chief Executive Officer of Oragroup, declared: “The year 2019 confirmed our exemplary growth strategy over 10 years, with activities still growing, performance and a reinforced profitability objective. This financial development was also supported by the strengthening of our teams and the development of our branch network to ensure closer proximity to our customers and partners who are our raison d'être. I take this opportunity to thank them for their constantly renewed trust, without forgetting our teams who serve them daily with professionalism, rigor and responsiveness. With our 2019 results, we are pursuing with confidence and serenity our vision of building a leading banking group that participates in the financing of the sustainable development of an emerging Africa. The COVID 19 pandemic hitting the world will force us to do more, but it also strengthens our determination to move forward.”

About Oragroup

Oragroup is present in 12 countries in West and Central Africa (Benin, Burkina Faso, Ivory Coast, Gabon, Guinea Conakry, Guinea Bissau, Mali, Mauritania, Niger, Senegal, Chad, Togo) and in four monetary zones (UEMOA, CEMAC, Guinea Conakry, Mauritania). With 157 bank branches and 2,015 employees, Oragroup offers more than 500,000 customers (large companies, national and international, SMEs and individuals) a wide range of banking products and services based on the principles of proximity and responsiveness. Working for financial inclusion through the deployment of innovative solutions, Oragroup focuses on segments of the population hitherto neglected. This commitment is reflected in its CSR approach, which is an integral part of its strategy and a priority for its governing bodies, centered around energy transition, the management of environmental and social risks, and the well-being of the public and its employees. . For more information, please visit www.orabank.net or on LinkedIn , @Groupe Orabank on Twitter , Facebook , Instagram , YouTube . Also discover KEAZ , the new digital platform of the Orabank group.