News Finances

Bridge Bank Targets Guinea Expansion with 2027 Subsidiary Launch

Bridge Bank Targets Guinea Expansion with 2027 Subsidiary Launch
Thursday, 30 April 2026 10:14
  • Bridge Bank Group plans to open a Guinea subsidiary in January 2027 as part of regional expansion.
  • The group reported net profit of CFA27.2 billion ($48 million) in 2025, up 19% year-on-year.
  • The bank is considering a stock market listing on the BRVM to finance growth.

Bridge Bank Group is preparing to open a banking subsidiary in Guinea in January 2027, as the lender accelerates its regional expansion strategy.

The group, which Yérim Sow controls through Teyliom Group, operates in Ivory Coast since 2006 and expanded into Senegal in 2021. It is now targeting a new growth phase, with a potential listing on the BRVM.

Bridge Bank Group, which Bridge Group West Africa owns at 77%, confirmed plans to establish the Guinean unit.

Mariama Ciré Sylla announced the project on Wednesday, April 29, after a meeting with Yérim Sow, founder of Teyliom Group. The discussions focused on the terms of the bank’s establishment in the country. If completed, the move will mark a new step in the bank’s expansion strategy and strengthen its positioning in West Africa.

The group has built a strong presence in Ivory Coast since June 2006 through the development of its banking operations and the launch of a microfinance entity, Bridge Microfinance. It then expanded into Senegal with a branch opening in 2021.

Burkina Faso, another growth lever within UEMOA

In parallel with the Guinea project, Bridge Bank Group is advancing plans to enter Burkina Faso.

To that end, Bridge Bank Côte d’Ivoire filed an application in April 2025 to obtain approval for opening a branch in the country. The bank disclosed this information on April 28, 2026, during the presentation of its 2025 annual report. This step reflects the group’s ambition to strengthen its footprint within the UEMOA and accelerate its regional growth trajectory.

Solid financial results support expansion

The expansion strategy relies on strong financial performance. In 2025, Bridge Bank Côte d’Ivoire reported net income of CFA27.2 billion ($48 million), up 19% compared with 2024.

The bank generated net banking income of CFA68 billion, up 15%, while operating expenses increased by 14%. The cost-to-income ratio improved by 12 basis points to 41.8%.

The cost of risk reached CFA6.8 billion, compared with 6.4 billion a year earlier. At the same time, customer deposits increased by 28% and lending rose by 27%, which reflects strong commercial momentum.

Bridge Group West Africa holds 77% of the group’s capital. The Caisse nationale de prévoyance sociale holds 20%, while individual investors hold the remaining 3%.

By 2026, the group aims to operate in four countries. Moreover, Yérim Sow is advancing a plan to list Bridge Bank on the BRVM. Such a move would provide additional funding to support expansion and enhance the group’s visibility in regional financial markets.

This article was initially published in French by Chamberline Moko

Adapted in English by Ange J.A de Berry Quenum

 

On the same topic
Bridge Bank Group plans to open a Guinea subsidiary in January 2027 as part of regional expansion. The group reported net profit of CFA27.2 billion...
NSIA Banque CI securitized bonds begin trading on BRVM First multi-currency deal in UEMOA, fully subscribed Proceeds to boost SME lending,...
Ecobank Côte d’Ivoire reports revenue and profit growth in 2025 Deposits, loans rise; shareholders approve dividend payout Bank targets...
More than CFA1,000 billion received via mobile money in 2024 Total inflows rise 77% to CFA1,354 billion, led by Europe and North...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.