Vista Group Holding has finalized its acquisition of a majority stake in Société Générale Burkina Faso, marking a significant expansion of its footprint in the country’s financial sector.
This acquisition enhances Vista’s presence in Burkina Faso, where it already operates two other entities: Vista Bank Burkina, launched in 2021, and Vista Assurances Burkina, recently introduced.
With the addition of Société Générale Burkina Faso, Vista now operates across banking and insurance, positioning itself as one of the country’s leading financial groups in terms of customer base, distribution reach, and the diversity of its services.
“This acquisition marks a decisive milestone for Vista in Burkina Faso,” said Simon Tiemtoré, Chairman of Vista Group Holding. “Since 2021, Vista Bank Burkina has been providing innovative and inclusive banking solutions. With the launch of Vista Assurances and the integration of this new bank, we are building a comprehensive financial ecosystem capable of supporting every Burkinabè citizen and business towards sustainable growth.”
The move aligns with Vista’s broader pan-African strategy to expand operations across 25 countries in the coming years, with a strong focus on promoting financial inclusion and driving economic growth across the continent.
Vista Group Holding, a subsidiary of Lilium Group LLC, provides a full suite of financial services including accounts, payments, savings, loans, insurance, and custom solutions for individuals, businesses, and governments.
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