Banque Atlantique Côte d’Ivoire

Founded in 1978, Banque Atlantique Côte d’Ivoire is the oldest entity of the Atlantic Financial Group. Initially, AFG had a corporate strategy, but in 1998, it acquired a bank, COBACI, which used to be a subsidiary of Barclays’.

There was a crisis in 1999, and then the two banks became part of the same sector. In 2005-2006, because of the impact of the crisis, the Atlantic Financial Group was born, as a means of being present in West African countries. Then we realized that BACI and COBACI were in the same market, and its shareholders decided to go forth with a fusion.