Burkinabe Coris Bank International (CBI) just announced it was going to establish subsidiaries in Senegal and Benin in 2016. “We will expand to other countries in 2016,” the firm’s CEO and founder, Idrissa Nassa, told press agency APA, while putting an accent on Benin and Senegal.

Already in Cote d’Ivoire, Mali, and Togo, Coris Bank previously said it planned to expand its network to all members of WAEMU by 2020.  

In Burkina Faso where it celebrated on December 15, 2015, its 200,000^th customer in 7 years of activity and also where it established few months earlier an Islamic division called Coris Baraka in partnership with Islamic Development Bank, the group intends to expand its network to 46 branches by the end of the year.

Coris Bank International has among its shareholders Société Nationale des Postes (SONAPOST) of Burkina Faso, Union des Assurances du Burkina Faso (UAB-Vie), Caisse Nationale de Sécurité Sociale (CNSS, BF) and West African Development Bank (BOAD in French).