A pan-African banking group participating in the development of an emerging Africa
Orabank is a human and committed company that contributes every day to the improvement of the quality of life of all and to the sustainable development of Africa. Since 1988, we have been helping women and men to achieve their ambitions.
Orabank: Engaged, Bold, with you
The Orabank Group is a responsible bank, listening to its clients and partners, working to create a new model where the bank provides responsible service to its stakeholders and civil society.
Founded in 1988, Orabank is a group whose growth has been accelerated by both the purchase of local and regional banks and sustained organic growth.
Since 2009, Orabank has grown to a pan-African dimension of 12 countries of operation. This strong growth was accelerated, in particular, by the acquisition of the network of Banques Régionales de Solidarité (BRS) in 2013 and the consolidation of its location by the creation of banks in West and Central Africa.
A wider range of banking products and services
Orabank entities have universal banking activities centred around the Retail Bank, the Bank of Large Enterprises and the Digital Bank.
392 Plantains Street
B.P. 2810 – LOME
Togo
Tél : Tel: +228 22 23 05 80
Fax : Fax: +228 22 20 48 51
Local presence at the service of growth
The Financial BC was established in 2000 in Lomé. Following a series é new developments and acquisitions, the Orabank Group is now present in 12 countries in West and Central Africa, spread over four currency areas: Benin, Burkina Faso, Côte d’Ivoire, Gabon, Guinea, Guinea-Bissau, Mali, Mauritania, Niger, Senegal, Chad and Togo) through the Orabank network.
In 2011, the group changed its name to Oragroup SA. Oragroup is an Anonymous Company (SA) of Togolese law and has a duration of 99 years. The Group’s strong growth was enabled by the acquisition of the network of Banques Régionales de Solidarité (BRS).
Countries | Agencies | Employees | Active customers |
|---|---|---|---|
Benin | 16 | 229 | 67,538 |
Burkina | 11 | 129 | 43,008 |
Ivory Coast | 10 | 191 | 26,535 |
Gabon | 11 | 134 | 36,554 |
Guinea-Bissau | 7 | 129 | 37,538 |
Guinea | 19 | 190 | 63,055 |
Mali | 10 | 118 | 30,041 |
Mauritania | 9 | 122 | 15,461 |
Niger | 10 | 130 | 30,184 |
Senegal | 13 | 179 | 25,373 |
Chad | 10 | 171 | 31,464 |
Togo | 40 | 472 | 281,151 |
Total | 166 | 2,194 | 687,902 |
A stable shareholder group
Oragroup SA is a holding company with a financial participation, set up in the form of an Anonymous Company with Board of Directors and registered in the Register of Trade and Credit Mobilier de Lomé under n°2000 B 1130. Capital of 69 415 031 000
F CFA. The Orabank Group is mainly owned by Emerging Capital Partners (ECP), an investment fund dedicated to the African continent.
Since ECP Financial Holding’s entry into capital in 2008 and the change of name in Oragroup, the Group has gradually acquired a universal bank size to become a pan-African reference banking group.
Oragroup held its ordinary general meeting on Wednesday, May 25, 2022 in Lomé, for approval of the company’s financial statements for the year ended December 31, 2021, issued in accordance with International IFRS.
Orabank's shareholding structure as of December 31, 2021
Since 2008, the size of Oragroup has increased by 9 times thanks to strong organic growth and successful acquisitions.
1988 | Start of our activities in Benin |
|---|---|
1992 | Opening in Chad |
2002 | Start-up in Gabon and Guinea |
2003 | Opening in Togo |
2009 | Acquisition by ECP of 100% of Financial BC SA |
2009 | Acquisition of a minority stake in BACIM Mauritania |
2011 | Financial BC SA becomes Oragroup SA |
2011 | Financial Bank becomes Orabank |
2012 | Oragroup takes majority stake in BTD |
2013 | Acquisition of the BRS Group |
2014 | BRS Group banks become Orabank |
2015 | Merger of Orabank Togo and BRS Togo, merger of Orabank Benin and BRS Benin |
2019 | Listing on the BRVM on 16 April 2019 at 4,100 CFA francs per share |
2020 | Deployment of KEAZ, our digital banking platform |
2021 | Partnership with Axian to accelerate financial inclusion in Africa |