The pan-African banking group Oragroup has today obtained the guarantee of the African Guarantee Fund (AGF West Africa) for a forthcoming issue of commercial paper for an amount of 35 billion CFA francs which will be launched on the regional market of UEMOA subject to the approval requested from the Central Bank of West African States (BCEAO). This new issue of commercial paper with a maturity of 2 years with a remuneration of 6.1% per annum, co-arranged by the management and intermediation companies, CGF Bourse and SGI Togo, will be covered at 100% by AGF West Africa. The signing of the agreement between Oragroup and AGF West Africa was signed today in Lomé (Togo). "This guarantee from AGF West Africa reflects a strong mark of confidence in Oragroup, its financial performance, its development model and its growth strategy which materialized recently with our IPO last April for 20% of the capital. , i.e. a raising on the regional financial market of 56.92 billion CFA francs (86 million euros) and the largest operation ever carried out at the BRVM”, declares Ferdinand Ngon Kemoum. In 2018, Oragroup posted a balance sheet total of 2,171 billion CFA francs (3.3 billion euros), an increase of 21% compared to the previous year. Customer deposits for the entire Orabank network amounted to 1,462 billion CFA francs and loan transactions to 1,255 billion CFA francs, an increase of 24% and 16% respectively. In total, the Group posted net banking income of 126.77 billion CFA francs (193 million euros, +17%) and consolidated net income up sharply by 36% to 29.77 billion CFA francs (45 .4 million euros). In May 2018, Oragroup obtained long-term A2 and short-term A2 investment ratings from Bloomfield, confirming the Group's solidity and performance. On November 30, 2018, the Group's three entities in Burkina Faso, Senegal and Togo won the trophy for "best bank in their respective countries" awarded by The Banker magazine, published by the Financial Times group. In 2016 and 2017, Oragroup had already successfully issued commercial paper in two tranches for an amount of 35 billion CFA francs through a public offering on the regional financial market of the Western Economic and Monetary Union. -African (UEMOA). About Oragroup Oragroup is present in 12 countries in West and Central Africa (Benin, Burkina, Côte d'Ivoire, Gabon, Guinea Conakry, Guinea Bissau, Mali, Mauritania, Niger, Senegal, Chad, Togo ) and in four monetary zones (UEMOA, CEMAC, Guinea Conakry, Mauritania). With 149 bank branches and 1,857 employees, Oragroup offers its 485,000 customers (large companies, national and international, SMEs and individuals) a wide range of banking products and services based on the principles of proximity and responsiveness. Working for financial inclusion through the deployment of innovative solutions, Oragroup focuses on segments of the population hitherto neglected. This commitment is reflected in its CSR approach, which is an integral part of its strategy and a priority for its governing bodies, centered around energy transition, the management of environmental and social risks, and the well-being of the public and its employees. .