Madam, Sir, welcome to the Oragroup website.
2020 has just begun and is the promise of great achievements in prospect. Indeed, in 2019, we have carried out major projects that have enabled us to achieve improved results and have consolidated our status as a benchmark pan-African bank.
One of the highlights of the past year took place on 16 April 2019, the date of Oragroup's effective listing on the Regional Stock Exchange (BRVM – Bourse Régionale des Valeurs Mobilières), the largest IPO since the creation of the BRVM in 1998. This exceptional and historical operation for our group contributed to approach with confidence the second planning phase of our transformation project "Strategy 2019-2021: Growth and Profitability". This new phase should enable us to achieve quality growth while controlling risks and costs. The development strategy we are rolling out is therefore based on the group's digital transformation - a genuine growth driver and productivity gain factor - the deployment of the Orabank brand, the consolidation of our activities and the optimization of our network to deliver performance for our customers and create value for our shareholders.
Innovation has been at the heart of our concerns to go even further in optimizing the customer experience. The KEAZ platform, launched on a pilot basis in the Orabank Togo banking network, is a perfect illustration of this. As a digital platform for banking services, KEAZ represents by its functionalities, its accessibility and its simplicity a tool adapted to the new uses of our customers. It will be deployed in the other countries of the Group during the year.
After two years of operation, Orabank's trading room will continue to play a leading role in offering foreign exchange hedging solutions for the import and export needs of clients in our 12 countries of presence and cash investment options for our institutional clients.
The outlook is bright: we will continue to fulfill our mission of financing wealth creators, individuals and entrepreneurs, whether artisans, traders or industrialists.
We want to participate actively and sustainably in the financing of Africa and we are convinced that it is by building a banking group of reference that we will be able to give the continent the means to achieve its development and emergence objectives.
Together, let's participate in Africa's development!
Ferdinand NGON KEMOUM
Chief Executive Officer, Oragroup
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