1988 - FINANCIAL BANK BENIN opens. It is the first bank with capital deprived to open in an environment Marxist-Leninist.
1992 - FINANCIAL BANK Chad opens to Ndjaména.
1999 - The activity of microfinance is developed within FINANCIAL BANK BENIN; FINADEV BENIN, institution approved by microfinance, is created in 2001 with international partners.
2001 - The activity of microfinance begins in the Chad, and is created subsidiaries under the banner FINADEV Chad in 2003.
2002 - The Group took over Interfi Banking Corporation Gabon (IBC) banking institution specialized in leasing. The Group went on to increase its capital, and put in place the structures needed for a fully fledged banking operation and launched the FINANCIAL BANK GABON.
UIBG (International Union of Bank in Guinea) of Guinea Conakry joined the Group in 2002. The acquisition of this credit Lyonnais subsidiary in Guinea completed the FINANCIAL Group's arrangements outside the CFA franc zone.
2003 - After the acquisition of SNI (Société Nationale d'Investissement) [National Investment Company] in 2003 when the banking sector was being privatized, FINANCIAL BANK TOGO opened in 2005.
2005 - FINADEV GUINEE was approved as a microfinance institution in June 2005, and opened in 2006, in line with commitments made at the time of acquisition of UIBG.
2006 - The new head office of FINANCIAL BANK BENIN is opened, and the premises of the UIBG and FINANCIAL BANK Chad are renewed.
Subsidiaries standardize their visual identity and adopt the current graphics standards.
A program of changes of the banking application software is introduced for all the banking subsidiaries, in partnership with the French company Vivéo.
A multiannual program of intensification of the financial structure and the organization of the holding company and the subsidiaries is inaugurated.
2008 - FINANCIAL BANK Chad is the first bank to be reopened to the clientele after the military events of February to Ndjaména.
Emerging Capital Partners (ECP), one of the leaders of the capital-investment in Africa, takes a minority participation within the Group Financial and support the Group in the intensification of its financial structure.
2009 - Following the approvals given by regulatory authorities in the countries where the Group is present, ECP acquires 100 % of holding company of the Group Financial on March 20th, 2009.
ECP separates the functions of Chaiman of the board and Chief Executive Officer, makes a commitment in an approach of structuralization of holding company in support to subsidiaries and bring new financial resources to allow the development of the Group.
The Group Financial becomes minority a shareholder of the BACIM Bank, the 7th Mauritanian bank acquired by ECP in 2008, so translating its will renewed by geographical expansion on the African continent.
