CORIS BANK INTERNATIONAL

Coris Group began its operations in 2008 with the establishment of its first subsidiary, Coris Bank International SA, which became the leading financial institution in Burkina Faso within six (6) years. With a unique business model focused on financing SMEs (Small and Medium Enterprises), Coris Bank International expanded successively to Côte d'Ivoire, Mali, Togo, Senegal, Benin, Niger, and Guinea Bissau. This expansion covered all eight (8)-member countries of the West African Economic and Monetary Union (WAEMU) as well as Guinea, which marked the first exit outside the WAEMU zone, and Chad in 2024.

To better oversee its subsidiaries, a holding company was established to manage the interests of the Group. This led to the creation of Coris Holding SA, which engaged in various activities including insurance, financial intermediation, technology, and more.

Following a strategic realignment of its activities in 2019 and bolstered by strong performance, Coris Holding embarked on an ambitious expansion strategy that includes the following plans up to 2024:

A banking segment (Coris Bank International) with ten (10) banks across Africa.

A mesofinance segment (Coris Mesofinance SA) with one (1) subsidiary in Burkina Faso.

An Islamic banking branch (Coris Bank International Baraka) present in seven (7) subsidiaries.

Today, Coris Group is composed of three holdings that manage the entirety of the Group's interests:

Two Banking Holdings:

- Coris Holding is a Financial Company approved by the Banking Commission of the West African Economic and Monetary Union (WAEMU). It oversees both banking and mesofinance activities. This entity has ten subsidiaries and branch offices dedicated to banking and mesofinance, strategically located within the WAEMU region and in Guinea.

- Coris Africa oversees the acquisition operations and currently has a subsidiary in Chad and with prospects for future closing of acquisitions.

One Non-Banking Holding: Coris Invest Group supervises the operations of around twenty non-banking entities across several African countries. It aims to provide investment banking and corporate banking services, focusing on innovative solutions that align with the financing needs of high-value local businesses and institutions. These entities should be capable of developing profitable and sustainable operations.