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Banking institution: BpBF obtains its approval

09/09/2022
Categories: Companies

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La Banque Postale du Burkina (BPBF) has obtained an authorization from the banking authorities of the West African Economic and Monetary Union (UEMOA) in order to operate as a bank.

The BPBF will be led by Salifou Kouraogo, former managing director of the Islamic Bank of Niger. This new establishment, expected since 1988, was announced by La Poste BF in 2019. Created in the form of a limited company with a board of directors, the institution has a registered capital of 15 billion FCFA with headquarters in Ouagadougou, according to information from Financial Afrik.

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