Orabank Benin remains a key partner serving the Benin economy.
After more than 25 years of activity, its network included fifteen branches at 31 December 2014, serving a diverse customer base consisting of personal banking customers, professionals, institutions and companies. It has become the bank for everyone, offering a range of products and services :
A range of different accounts
Internet and Mobile Banking solutions
Electronic payment solutions with subregional bank cards
Eight fast money transfer services
Various types of short, medium and long-term loans with preferential conditions for personal and business banking customers
Despite tough competition in an economy where twelve banks operate, at 31 December 2014 Orabank Benin's activities had resulted in a 23% increase in its balance sheet total to 228,944 million CFA francs from 186,168 million CFA francs the previous year.
Customer deposits have risen by 16% from 121,708 million CFA francs at the end of 2013 to 141,200 million CFA francs. Customer loans also increased by 14% from 97,435 million CFA francs at 31 December 2013 to 110,826 million CFA francs one year later.See more