Coris Bank International Burkina Faso

What Coris Bank International Burkina Faso does

Coris Bank International Burkina Faso is a private universal bank headquartered in Ouagadougou, founded in 2008 and originating from a non-banking financial institution. It serves as the flagship and reference bank of the Coris Bank International group, which operates across 12 West and Central African countries (Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, Gabon, Guinea, Guinea Bissau, Mali, Niger, Senegal, Chad, and Togo) with 200+ branches, 300 ATMs, and approximately 2,600 employees group-wide. The bank targets five horizontal segments — large enterprises, public and parapublic institutions, SMEs/PMIs, individuals/salaried workers, and the informal sector — under a relationship-led universal banking model positioned as 'La Banque Autrement.' Core products include deposit accounts (DAT), local and international wire transfers, bank cards, foreign exchange, and corporate financing, complemented by digital channels (E-Banking/E-Coris, SMS Banking, MyCoris Bank mobile platform, COMO Wallet) and UEMOA-wide instant payment infrastructure (PI-SPA/PI-SPI). Revenue is generated through interest margins on credit, transaction fees, service commissions, and card/payment interchange, with rates negotiated per contract rather than publicly disclosed. The bank's go-to-market combines an extensive physical branch network for relationship banking with self-serve digital channels for retail and informal-sector inclusion, and is supported by a strategic technology partnership between Coris Holding and Proxym Group aimed at modernizing the core banking stack.

Name

Coris Bank International Burkina Faso

Legal name

Coris Bank International

Website

https://coris.bank

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Coris Bank International Burkina Faso is a private universal bank headquartered in Ouagadougou and the flagship of the Coris group, operating 200+ branches across 12 African countries. It serves enterprises, SMEs, public institutions, salaried workers, and the informal sector through branch-based and digital banking.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), International / Multi-Currency Wallets (FSAMAEAL)

Keywords

• Retail banking services
• Commercial banking
• Digital banking
• Mobile payments
• Term deposits

Headquarters

HQ city

Ouagadougou

HQ country

Burkina Faso

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Banking Services Revenue: Universal bank offering comprehensive banking services including deposits, credits, transfers, foreign exchange operations, and banking cards. Revenue generated through interest margins on loans, transaction fees, and service commissions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Coris Bank International Burkina Faso is a universal bank offering a comprehensive suite of banking services including deposit accounts, term deposits (DAT), consumer and commercial loans, local and international transfers, foreign exchange operations, and bank cards. The bank distributes these services through an extensive physical agency network complemented by digital banking platforms — E-Coris online banking, SMS Banking, MyCoris Bank mobile app, and COMO Wallet — along with the PI-SPA/PI-SPI instant payment infrastructure for transfers across the UEMOA zone.

Product overview

Coris Bank International Burkina Faso offers a universal banking platform with a comprehensive suite of traditional and digital banking products. The core offerings include E-Banking (E-Coris) for online banking, SMS Banking for mobile notifications, and MyCoris Bank as an all-in-one digital banking platform. Traditional banking services include term deposits (DAT), international and local transfers, bank cards, and currency exchange operations. The bank also provides innovative payment solutions including PI-SPA/PI-SPI for instant UEMOA-wide payments and COMO Wallet for mobile payments covering deposits, bill payments, merchant transactions, and mobile recharges. A credit simulator tool is available for loan planning.

Differentiator

Problem solved

Functional benefit

Brands

• MyCoris Bank: Digital Banking platform for online banking services
• E-Coris
• PI-SPA
• COMO Wallet
• SMS Banking

Products and services

• E-Banking (E-Coris)

Quantifiable outcome

• 200+ branches across 12 countries providing widespread banking access
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Proxym GroupcoreTechnology or IntegrationStrategic partnership between Coris Holding and Proxym Group to redefine banking of the future. The partnership was signed in the presence of executives from both groups, aiming to innovate and transform banking services through technology.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• United Bank for Africa (UBA): Pan-African banking group operating across 20+ African countries with strong presence in Nigeria and Francophone Africa, including UEMOA markets. Directly comparable as a multi-country universal bank with digital and cross-border payment products.
• Ecobank Transnational Incorporated: Pan-African universal bank with the largest physical footprint across West, Central, East, and Southern Africa, serving SMEs, corporates, and retail. Directly comparable to Coris on multi-country universal banking in the same UEMOA/CEMAC markets.
• NSIA Banque: West African banking and insurance group headquartered in Côte d'Ivoire with operations across UEMOA, serving retail, SME, and corporate clients. Comparable regional universal bank with similar customer-segment focus.
• BGFIBank: Central African banking group headquartered in Gabon with universal banking operations across CEMAC countries. Comparable as a regional universal bank with strong franchise in Central Africa, overlapping with Coris's Gabon and Chad presence.
• Bank of Africa (BOA Group): Pan-African banking network with operations across West, East, and Southern Africa including several UEMOA markets (Mali, Burkina Faso, Niger). Closely comparable universal bank with SME and retail focus.
• Orabank (now Vista Bank Group): West and Central African banking group operating in UEMOA and CEMAC markets including Burkina Faso, Togo, and others. Directly comparable multi-country universal bank targeting similar SME and retail segments.

Emerging players

• Wave (mobile money): Fast-growing mobile money operator in West Africa (Senegal, Côte d'Ivoire, Mali, Burkina Faso). Comparable as a competitor targeting the same underbanked and informal segments through a digital-first model, threatening Coris's deposit and payment franchises.
• BSIC (Banque Sahélo-Saharienne pour l'Investissement et le Commerce): Banking group focused on the Sahel region with operations across West and North Africa. Comparable as a regional bank with overlapping geographic focus on Sahel markets like Burkina Faso, Mali, and Niger.

Broad incumbents

• Attijariwafa Bank: Large Moroccan banking group with pan-African subsidiaries in West and Central Africa, including UEMOA markets. Comparable as a multi-country universal bank with broader North African headquarters and corporate-banking strength.
• Société Générale (African subsidiaries): Major European bank with significant African franchise across UEMOA and CEMAC including Côte d'Ivoire, Senegal, and others. Comparable as a multi-country universal bank with strong corporate and digital banking offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/coris-bank-international-burkina-faso

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coris Bank International Burkina Faso