Rizwan Haider plans BIIC’s expansion into Côte d’Ivoire and Senegal
We bring you more information on the SMI/SME-focused bank recently set up by Benin.
06/11/2020 at 17h27, by Africa Business+
The Banque Internationale pour l’Industrie et le Commerce (BIIC) intends to support industry and trade far beyond Benin. The new institution wants to link all UEMOA countries by creating several subsidiaries by the end of 2021. The target countries are Côte d’Ivoire and Senegal, but also Togo, Niger and Burkina Faso. “Our ultimate goal is to expand into Central Africa,” Didier Ayibatin, BIIC’s Managing Director, told Jeune Afrique Business+.
Recommended articles
Development Bank
14/02/2023 at 19h22, by Africa Business+
Meet the Investors – Chris Chijiutomi, MD, Head of Africa at BII: “We expect $1-2 billion in investments within 18 months”
Nick O’Donohoe heads the British International Investment (BII), the development finance institution...
Bank
03/11/2020 at 15h42, by Africa Business+
Bank Misr working to strengthen Banque du Caire while awaiting its IPO
The public bank and its subsidiary are seeking financing, while the latter’s listing has been postponed...
Bank
26/10/2020 at 07h33, by Africa Business+
BCP increases its share in Cameroon’s international bank (BICEC) to 78%
Less than three months after taking over the BPCE group’s subsidiary, Morocco’s former public bank has...
Bank
20/10/2020 at 16h31, by Africa Business+
The candidates shortlisted to take over Togolese banks UTB and BTCI
According to our sources, the opening of a data room allows the five shortlisted candidates to prepare...