The Financial Group was created in the 1980s with the aim of developing financial services in French-speaking Africa at a time when the African banking system was relatively troubled. We are in Africa for the long term and we intend to put up an office building taking account of the environmental and local rules in each country.
By their nature, banking services in Africa are elitist, as only a small percentage of the population has access to them. We wanted to make our banking expertise available to the most disadvantaged and this has led us rapidly to create, well ahead of the others, micro-financing institutions wholly privately owned to serve people excluded from the banking system in the best way possible.
The Financial Group is founded on simple principles. As banking is the business of being an intermediary, we aim to be the link between depositors and project owners who are seeking financing (the lending business), between customers and suppliers without geographical obstacles (international money transfer business), between employers and employees (lending to staff, lending for social purposes) etc.
Our banks and micro-financing institutions make these principles of sustainable development and social economy become reality. This means project financing, but also providing local communities with advice and supporting our customers at every stage of their development.
Excellence is at the heart of our business. We have the most advanced technology to ensure the security of our operations and offer quality services. And we place the value added by our human resources at the centre of our organisation to foster greater responsiveness, but also to enhance creativity, because creativity is positively encouraged!
The Financial Group has been offering banking services and solutions in developing economies for 20 years; we now want to give our sustained support to their development so that they fully realise their potential.
Rémy Baysset
Chairman and CEO
By their nature, banking services in Africa are elitist, as only a small percentage of the population has access to them. We wanted to make our banking expertise available to the most disadvantaged and this has led us rapidly to create, well ahead of the others, micro-financing institutions wholly privately owned to serve people excluded from the banking system in the best way possible.
The Financial Group is founded on simple principles. As banking is the business of being an intermediary, we aim to be the link between depositors and project owners who are seeking financing (the lending business), between customers and suppliers without geographical obstacles (international money transfer business), between employers and employees (lending to staff, lending for social purposes) etc.
Our banks and micro-financing institutions make these principles of sustainable development and social economy become reality. This means project financing, but also providing local communities with advice and supporting our customers at every stage of their development.
Excellence is at the heart of our business. We have the most advanced technology to ensure the security of our operations and offer quality services. And we place the value added by our human resources at the centre of our organisation to foster greater responsiveness, but also to enhance creativity, because creativity is positively encouraged!
The Financial Group has been offering banking services and solutions in developing economies for 20 years; we now want to give our sustained support to their development so that they fully realise their potential.
Rémy Baysset
Chairman and CEO