Vista Group has agreed with ECP, BIO, DEG, Proparco and Envol Afrique to acquire, subject to regulatory approvals, 61.4% of Oragroup S.A, the holding company of Orabank based in Lomé and operating in 12 West and Central African countries (Togo, Cote D’Ivoire, Benin, Senegal, Burkina-Faso, Guinea, Guinea-Bissau, Mali, Niger, Tchad, Gabon, Mauritania) with total assets of $7.7 billion as of end of 2022. The entities (Vista and Oragroup) will create a Tier 1 banking group covering 16 countries with more than 270 branches and represent total combined assets of more than $10 billion.
Vista Group today announces that it has agreed to acquire Société Générale’s banks of Société Générale Congo (in Congo Brazzaville) and Société Générale de Banques in Guinée Équatoriale, which will further enlarge its existing sub-Saharan African footprint.
Vista Bank Group is proud to announce its recognition as Regional Bank of The Year (West) at the recent African Banker Awards.
The Award Ceremony, the most prestigious event in the African banking calendar, took place on May 24th at the Rixos Hotel in Sharm El Sheikh, Egypt, on the side-lines of the African Development Bank Annual Meetings. It was attended by over 300 of the continent’s leading bankers, regulators, and policymakers.
Afreximbank congratulates Vista Bank Group for its successful expansion to promote Intra-African trade. The EUR 59.167 million facilityfrom Afreximbank’s Intra-African Investment supports Vista Bank’s expansion through its majority stake acquisition in VIstaGui (ex- Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI)) and Vista Bank Burkina (ex- Banque Internationale pour le Commerce, l’Industrie et l’Agriculturedu Burkina (BICIAB)), from BNP Paribas.
Vista Bank Group (‘Vista’) has closed the deal to acquire BNP Paribas’ majority interest in La Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI) in Guinea.
Vista Bank Group (‘Vista’) has closed the deal to acquire BNP Paribas’ majority interest in La Banque Internationale pour le Commerce l’Industrie et l’Agriculture du Burkina (BICIAB) in Burkina Faso.
Vista Bank Guinea has been granted a €10m line of credit by the ECOWAS Bank for Investment and Development (EBID) to increase its capacity, support and medium-term funding for small and medium-sized enterprises (SMEs) and small and medium-sized industries (SMIs) in the Republic of Guinea.
Vista Group is pleased to announce that the Central Bank of The Gambia has formally approved the rebranding of First International Bank (Gambia) Limited to Vista Bank (Gambia) Limited. A formal launch of the new Brand shall be announced in due course.
Vista Bank Group Expands Its Trade Finance Services In West Africa By Acquiring BNP Paribas’ Subsidiaries In Guinea And Burkina Faso
Vista is now the largest bank in Guinea and operates in four countries including Burkina-Faso, a strategic point of entry into the WAEMU market.