SONIBANK, a subsidiary of the Tunisian Bank Corporation (STB), takes 23% of the market and is thus ahead of several European banks present in Niger.
In fact, the financial institution established in this West African country to which STB contributed to its creation by holding 25% of its capital, has generated good sales during the last few years. years.
The bank has managed to appropriate the 23% of the financial market, which has allowed it to emerge from the lot to outperform several European banks instead.
STB Director General Samir Said shared the information during the FITTA 2018 Investment and Trade Finance Forum in Africa.
According to the STB boss, the success of this experiment proves that Tunisia is able to expand its presence on the African continent.
In addition, the top management of the STB announces a decision of its institution to be established in other countries such as Benin and Togo, through SONIBANK.