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Advans Banque Congo

Advans Banque Congo S.A., commonly referred to as Advans Banque, is an independent commercial bank based in the Democratic Republic of Congo, with its headquarters located in Kinshasa.

Advans Banque Congo S.A.
Company typePrivate
IndustryBanking
FoundedOctober 8, 2008
HeadquartersAvenue du Bas Congo, N°4, Kinshasa, DRC
ProductsLoans, Checking, Savings
Number of employees
360
WebsiteAdvans Banque Congo

History edit

Advans Banque Congo was incorporated in July 2008 and granted a commercial banking license in May 2009 by the Central Bank of Congo.[1]

In March 2020, Proparco lent $3 million to Advans Banque Congo.[2]

Description edit

The bank has a particular focus on the provision of financial services to micro, small and medium Congolese enterprises as its niche market.[3] Advans Banque operates 10 branches in four Congolese cities.[2]

Advans Banque Congo is a venture between Advans SA (formally knows as Lafayette investment), a venture capital firm registered in Luxembourg as majority shareholder with KfW Entwicklungsbank, African Development Bank, International Finance Corporation and Horus Development Finance as minority shareholders in the venture. Advans SA aims to establish microfinance financial institutions in emerging economies. Advans SA owns microfinance institutions in the Democratic Republic of the Congo, Cameroon, Ghana, Cambodia, Pakistan, Cote d'Ivoire and Tanzania.[4]

Advans Banque Congo Stock Ownership[2]
Rank Shareholder % Ownership
1 Advans SA of Luxembourg 50.1
2 KfW 23.6
3 IFC 13.8
4 ADB 12.6
Total 100.00

See also edit

References edit

  1. ^ MicroCapital - Advans Banque Congo
  2. ^ a b c "Microfinance : Proparco en soutien d'Advans en RDC – Jeune Afrique". JeuneAfrique.com (in French). 2020-03-10. Retrieved 2021-05-17.
  3. ^ Advans Banque Congo Historique July 7, 2013, at the Wayback Machine
  4. ^ "Site Suspended - This site has stepped out for a bit". microfinanceafrica.net. Retrieved 2017-09-07.

External links edit

  • Website of the Advans Banque Congo

advans, banque, congo, commonly, referred, advans, banque, independent, commercial, bank, based, democratic, republic, congo, with, headquarters, located, kinshasa, company, typeprivateindustrybankingfoundedoctober, 2008headquartersavenue, congo, kinshasa, drc. Advans Banque Congo S A commonly referred to as Advans Banque is an independent commercial bank based in the Democratic Republic of Congo with its headquarters located in Kinshasa Advans Banque Congo S A Company typePrivateIndustryBankingFoundedOctober 8 2008HeadquartersAvenue du Bas Congo N 4 Kinshasa DRCProductsLoans Checking SavingsNumber of employees360WebsiteAdvans Banque CongoContents 1 History 2 Description 3 See also 4 References 5 External linksHistory editAdvans Banque Congo was incorporated in July 2008 and granted a commercial banking license in May 2009 by the Central Bank of Congo 1 In March 2020 Proparco lent 3 million to Advans Banque Congo 2 Description editThe bank has a particular focus on the provision of financial services to micro small and medium Congolese enterprises as its niche market 3 Advans Banque operates 10 branches in four Congolese cities 2 Advans Banque Congo is a venture between Advans SA formally knows as Lafayette investment a venture capital firm registered in Luxembourg as majority shareholder with KfW Entwicklungsbank African Development Bank International Finance Corporation and Horus Development Finance as minority shareholders in the venture Advans SA aims to establish microfinance financial institutions in emerging economies Advans SA owns microfinance institutions in the Democratic Republic of the Congo Cameroon Ghana Cambodia Pakistan Cote d Ivoire and Tanzania 4 Advans Banque Congo Stock Ownership 2 Rank Shareholder Ownership 1 Advans SA of Luxembourg 50 1 2 KfW 23 6 3 IFC 13 8 4 ADB 12 6 Total 100 00See also edit nbsp Banks portal Advans List of banks in Africa Advans Bank Tanzania Central Bank of CongoReferences edit MicroCapital Advans Banque Congo a b c Microfinance Proparco en soutien d Advans en RDC Jeune Afrique JeuneAfrique com in French 2020 03 10 Retrieved 2021 05 17 Advans Banque Congo Historique Archived July 7 2013 at the Wayback Machine Site Suspended This site has stepped out for a bit microfinanceafrica net Retrieved 2017 09 07 External links editWebsite of the Advans Banque Congo Portals nbsp Companies nbsp DRC nbsp Bank nbsp This African bank or banking related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Advans Banque Congo amp oldid 1161102387, wikipedia, wiki, book, books, library,

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