Vista Group Holding, a leading pan-African banking player, will expand its services beyond Africa. This announcement, made on January 17, 2025, aims in particular to connect Africa to global markets. Once the project is completed, it should enable the Bank to support African economies while stimulating trade between Africa and Europe.
With the aim of becoming a world-class pan-African financial institution and participating in economic and financial inclusion in Africa, Vista Group Holding wishes to expand beyond the African continent. Specifically, the group will launch Vista Bank France, the group’s first presence outside Africa. This initiative is part of an ambitious growth strategy aimed at connecting Africa to
global markets.
“The expansion of vista bank in France will enable us to get access to the world financial market enabling us to support our economies in playing a role of correspondent bank, support international trade between Africa and the rest of the world through the management of cash and the treasury that we will put at the disposition of Africans, of small and medium enterprises of our States for them to be able to trade with the rest of the world”
Simon Tiemtore, Chairman and CEO of Vista Bank – Burkina Faso
According to Simon Tiemtore, Chairman of Vista Group Holding, this initiative embodies the group’s unwavering faith in African potential and marks the start of a global expansion into other financial markets. With this opening, the group aims in particular to accelerate intra-African and transcontinental trade, provide innovative solutions to African and European companies, support African economies while stimulating trade between Africa and Europe.
“We live in a global world today. We have a global expansion strategy which beneath France will enable us to connect to the Asian market and that of the Middle East as well as the US market”
Simon Tiemtore, Chairman and CEO of Vista Bank – Burkina Faso
According to the group, Vista Bank France will act as a key platform for African and European businesses, offering correspondent banking services, international trade financing, cash management, factoring, foreign exchange, and strategic consulting. The announcement of the opening of the bank in France comes after receipt of approval from the Prudential Control and Resolution Authority (ACPR), in a press release from the bank.
