English 
Ouagadougou, December, 7th 2023 – Vista Group today announces that it has agreed to acquire Société Générale Burkina Faso and Banco Société Générale Moçambique, which will further enlarge its existing in Africa.
Simon Tiemtore, Chairman of Vista Group said: “Our agreements to acquire Société Générale Burkina Faso and Banco Société Générale Moçambique, which is confirm to Vista Bank Group becomes a pan-African financial services group with operations in 25 countries. This will also further Vista’s aim to support the African economic growth.”
The Vista Group, which is owned by Lilium Group, provides a full range of innovative and accessible banking services to everyone, especially for retail banking, SMEs, corporate banking and States to drive financial inclusion, economic growth and prosperity in its countries of operation.
After the completions of the transaction, Vista Group will acquire all of Société Générale Burkina Faso and Banco Société Générale Moçambique, accordingly 52,6% and 65%. Consequently, Vista Group will be taking over all the activities operated by these subsidiaries, as well as all the client portfolios and all the employees of these entities.
The acquisition is subject to the approval of the relevant regulatory and financial authorities.
About Vista Group
Vista Group « Vista » is a financial services holding company with the objective of building a world-class pan-African financial institution group and contributing to economic and financial inclusion in Africa.
Vista has entered into strategic partnerships with various global financial institutions to drive its growth strategy by focusing on MSME (SME banking, leasing, mesofinance, banking on women), trade and supply chain finance, bancassurance increasing profitability while controlling operating costs and mitigating risks.
Vista is focused on maximising the opportunities in its respective markets to become the financial institution of choice through innovative banking and insurance products.
Press Contact
Laetitia Camara
+224 625 25 63 94
lcamara@vistabankgroup.com