{"id":486924,"date":"2025-11-25T15:32:05","date_gmt":"2025-11-25T15:32:05","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/11\/25\/strengthening-the-partnership-between-crrh-uemoa-and-the-coris-group-three-new-subsidiaries-entering-the-capital\/"},"modified":"2025-11-25T15:32:11","modified_gmt":"2025-11-25T15:32:11","slug":"strengthening-the-partnership-between-crrh-uemoa-and-the-coris-group-three-new-subsidiaries-entering-the-capital","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/11\/25\/strengthening-the-partnership-between-crrh-uemoa-and-the-coris-group-three-new-subsidiaries-entering-the-capital\/","title":{"rendered":"Strengthening the partnership between CRRH-UEMOA and the Coris Group: three new subsidiaries entering the capital"},"content":{"rendered":"
<\/div>

Lom\u00e9, November 25, 2025. The Regional Mortgage Refinancing Company of the West African Economic and Monetary Union (CRRH-UEMOA) announces the entry of three new subsidiaries of the Coris Group into its capital: Coris Bank International Benin, Coris Bank International Togo, and Coris Bank International Senegal. These new participations bring the total number of Coris Group subsidiaries present in the shareholding of CRRH-UEMOA to five, alongside Coris Bank International SA in Burkina Faso and Coris Bank International Ivory Coast, already shareholders since 2016.<\/p>\n

With these new participations, the Coris Group represents 3.5% of the capital of CRRH-UEMOA and becomes the 6th banking group shareholder of CRRH-UEMOA. Following the capital entry operation, the institution counts 64 commercial banks shareholders from all eight UEMOA countries, alongside its institutional partners such as BOAD, IFC, BIDC, and Shelter Afrique Development Bank.<\/p>\n

Coris Bank International, a partner serving housing in UEMOA<\/p>\n

Partners for nearly a decade, CRRH-UEMOA and the Coris Group share the same ambition: to facilitate access to housing for households. Since 2016, this collaboration has enabled the granting of housing loans, contributing to the construction of housing for households in UEMOA countries.<\/p>\n

These concrete results illustrate the social impact of the partnership and its role in reducing the housing deficit within the UEMOA zone.<\/p>\n

A new step to amplify regional impact<\/p>\n

The entry of Coris Bank International Benin, Togo, and Senegal subsidiaries marks a new step in strengthening cooperation between CRRH-UEMOA and the Coris Group.<\/p>\n

The new subsidiaries will benefit from solutions developed by CRRH-UEMOA to support their real estate loan portfolios and promote financial inclusion in their respective countries.<\/p>\n

This development will better cover all markets within the Union and increase the reach of housing financing for the benefit of populations.<\/p>\n

Statements from leaders<\/p>\n

Madame Yedau OGOUNDELE, General Director of CRRH-UEMOA, welcomed this major advancement: “The entry of these three new subsidiaries of the Coris Group illustrates the renewed confidence of a historical partner in our mission and our model. Together, we share the conviction that housing is an essential lever for social stability and inclusive growth in our region.”<\/p>\n

On his part, Mr. Diakarya OUATTARA, CEO of Coris Holding, stated: “This strengthening of our participation in the capital of CRRH-UEMOA reflects the Coris Group’s commitment to supporting, over the long term, initiatives with strong social and economic impact. Our subsidiaries are joining forces to build a regional financial ecosystem capable of effectively addressing the housing challenge.”<\/p>\n

About CRRH-UEMOA<\/p>\n

Established in 2010 by the Central Bank of West African States (BCEAO), the West African Development Bank (BOAD), and the Financial Markets Authority of the West African Economic and Monetary Union (AMF-UMOA), CRRH-UEMOA is a leading regional financial institution dedicated to housing finance in UEMOA. Since its inception, it has mobilized over 475 billion CFA francs, financing over 100,000 households. The institution plays a key role in the development of the mortgage market and the financing of real estate projects in the region.<\/p>\n

About the Coris Group<\/p>\n

Established in 2013 and ranked as the 2nd financial company in UEMOA by the Banking Commission in 2024, Coris Holding is a major player in the banking sector in the UEMOA zone. The Group deploys an ambitious expansion strategy around two poles: The banking pole, led by Coris Bank International, which has 10 subsidiaries and branches in 10 countries, as well as an Islamic finance branch, Coris Bank International Baraka. The meso-finance pole, represented by Coris Mesofinance, present in 3 countries and committed to massifying financial services. A leader in SME financing, Coris Holding also benefits from the strength of its first subsidiary, Coris Bank International Burkina Faso, listed on the BRVM with a capitalization of 503 million euros (4th in the financial sector). Its presence covers the entire UEMOA zone, Guinea, and Chad, and is gradually expanding towards Central Africa. Resolutely committed to socio-economic development in Africa, the Coris Group strengthens its initiatives and support for structuring projects.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Lom\u00e9, November 25, 2025. The Regional Mortgage Refinancing Company of the West African Economic and Monetary Union (CRRH-UEMOA) announces the entry of three new subsidiaries of the Coris Group into its capital: Coris Bank International Benin, Coris Bank International Togo, and Coris Bank International Senegal. 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