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Bridge Bank now present on the Senegalese market

30 March 2022
As part of its regional expansion program and in accordance with its 2020-2025 strategic plan and the authorization received from the West African Monetary Union (WAMU) banking commission, Bridge Bank Group CI, a subsidiary of the TEYLIOM Group, opened its Senegal branch on December 16, 2021. After...

As part of its regional expansion program and in accordance with its 2020-2025 strategic plan and the authorization received from the West African Monetary Union (WAMU) banking commission, Bridge Bank Group CI, a subsidiary of the TEYLIOM Group, opened its Senegal branch on December 16, 2021.
After three months of operations, the Dakar branch has two branches (Horizon and Place de l’Independance which also serves as headquarters) open to corporate customers, especially SMEs and individuals.
At the start of its activities on June 14, 2006, under the impetus of the TEYLIOM Group, its main shareholder through Bridge Group West Africa, Bridge Bank Group Côte d’Ivoire (BBG CI) focused on the SME segment, which is highly in need of innovative solutions, as soon as it entered the Ivorian market.
Evolving in a particularly competitive Ivorian banking environment, BBG CI has been able to maintain an essential position while growing its activities and its share capital which today amounts to 12.500.000.000 FCFA.
During the last fifteen years, it has been able to adapt to the various political, economic and social changes. It has also been able to integrate the daily challenges, allowing it to optimize its strengths and seize the opportunities offered to it.
Beyond the growth of its business volume, Bridge Bank Group CI also ensures strict compliance with the standards of the profession and the practices of good governance as reflected in :
– The dynamism and mobilization of the various teams;
– The sustained and targeted deployment of an efficient network of branches adapted to our customers;
– The implementation of a rigorous risk management policy, which is the only way to maintain the quality of Bridge Bank Group’s portfolio and to protect our depositors.
See you soon in Bridge Bank Senegal !

 

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In Ivory Coast, BRVM launches the listing of the FTC “TEYLIOM Immobilier”

14 March 2022
The Bourse Régionale des Valeurs Mobilière (BRVM) hosted on February 28th , 2022, the listing ceremony for the mandatory loan "FTC Teyliom Immobilier" 7% 2021-2028 (FTIMC.01). The public offering allowed to raise 20 billion FCFA (30 million euros) at the rate of...

The Bourse Régionale des Valeurs Mobilière (BRVM) hosted on February 28th , 2022, the listing ceremony for the mandatory loan “FTC Teyliom Immobilier” 7% 2021-2028 (FTIMC.01). The public offering allowed to raise 20 billion FCFA (30 million euros) at the rate of 7% over a subscription period spread out from May 20th to June 18th, 2021.

Undertakings for Collective Investment in Transferable Securities subscribed to the volume collected for approximately 67%. In addition, 56% of subscriptions came from Cote d’Ivoire against 8% for Senegal. The early closing of the loan, in one week, testifies to the depth of the market and the appetite of investors.
For any additional information concerning this notice, please contact the BRVM at its headquarters or the National Stock Exchange Branches established in each of the West African Economic and Monetary Union countries.

Source: BRVM

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BRIDGE BANK GROUP Cote d’Ivoire, receives the First Award for the quality reception

14 March 2022
It is with great pleasure that we inform you that Bridge Bank Group Cote d'Ivoire, a subsidiary of the TEYLIOM Group, has won the First award for the quality of physical reception for the 4th consecutive year. This prize organized by the academy of service in partnership with the Chamber of Comme...

It is with great pleasure that we inform you that Bridge Bank Group Cote d’Ivoire, a subsidiary of the TEYLIOM Group, has won the First award for the quality of physical reception for the 4th consecutive year.

This prize organized by the academy of service in partnership with the Chamber of Commerce and Industry of Cote d’Ivoire is that of the customer experience, the emotion experienced, the proximity and complicity between customers and brands. What pride to have been awarded among several companies.

By winning it for the 4th consecutive year, Bridge Bank Group CI confirms its leadership position in a highly competitive sector.

Congratulations to the whole team of Bridge Bank Group Cote d’Ivoire!

Together, let’s contribute to the development of Africa by providing innovative quality services tailored to the needs of our customers.

Tomorrow is now!

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African International School of Diamniadio

23 January 2021

Word from the General Manager (CSI)

Dr. Laurent Bonardi is the General Director of Cité Scolaire Internationale and Founding Principal of African International School.

Welcome to African International School!

Afric...

Word from the General Manager (CSI)

Dr. Laurent Bonardi is the General Director of Cité Scolaire Internationale and Founding Principal of African International School.

Welcome to African International School!

African International School (AIS) is the realization of Cité Scolaire Internationale and Teyliom properties’ vision to bring quality independent boarding school education to the Levant as a means of educating the next generation of regional and global leaders. Enrolling students from Preschool to 12th grade, AIS offers an educational experience unique in West Africa—one that emulates the college-preparatory model of American boarding schools while at the same time upholding and honoring a distinctive African identity.

Since the foundation of its first school in 1996, Cité Scolaire Scolaire Internationale welcomes students from Senegal, Africa, and other countries from around the world. They have found challenges and holistic development through our ambitious academic program, which balances their intellectual, physical, creative, and social development.

 

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Shelter Afrique extends $11.6 million credit facility to Teyliom Group

23 January 2021

The fund will go towards the delivery of large-scale affordable housing of 423 units with selling prices of $26,000.

Dakar, Senegal – February 20, 2020: Shelter Afrique, the Pan African Organisation exclusively dealing with affordable housing in Africa has today signed an $11.6 million ...

The fund will go towards the delivery of large-scale affordable housing of 423 units with selling prices of $26,000.

Dakar, Senegal – February 20, 2020: Shelter Afrique, the Pan African Organisation exclusively dealing with affordable housing in Africa has today signed an $11.6 million line of credit with Senegal’s Teyliom Group for the construction of affordable housing units in the West African state.
Speaking at the signing ceremony in Dakar, Senegal, Shelter Afrique Chief Executive Officer Andrew Chimphondah lauded the long and successful history the Company has had with Senegal and with Teyliom Group.

The deal with Teyliom Group is the first significant project Shelter Afrique has embarked on in Senegal since 2016 and is the second transaction the Company is making with the Teyliom Group.

“We have remained committed to financing Real Estate projects that promote innovation and affordability since 1989 and we have so approved 25 projects for a total of $56 million in the country. Some of the notable projects we have funded in that time are Grand Mbao-Senegal (Phase 3) in March 2002 for FCFA 1 billion, the Espace Ouakam in November 2006 for FCFA 690 million and Al Azhar in March 2009 for FCFA 400 million,” Mr. Chiphondah said.

Also speaking at the signing ceremony, Teyliom Group Chief Executive Mr Yigo Faly Thiam said the investment was timely as there is a growing housing demand in Senegal.

“Shelter Afrique is the kind of partner Teyliom Group needs to support out quest for the provision of affordable housing to Senegalese citizens. We are happy to work with them and other partners in providing housing for the growing housing market,” Mr. Thiam said.
When complete, the project is expected to deliver large- scale affordable housing of 3,439 units with selling prices starting at USD 26,000 for more than 20,000 individuals and create more than 3,000 jobs, with a sizable number of those being held by women.

The high-density estate has been designed to be comfortable, convenient & and dignified. It will have public parks, community buildings, shopping centres, health facilities and schools.
“The project is demonstrative of the guiding principles of Shelter Afrique over the last couple of years. Our 2019-2023 strategy promotes the development of large-scale housing units of nothing less than 1000 units, Teyliom Group project ticks that box,” Mr. Chimphondah said.
Shelter Afrique is the only pan-African finance institution that exclusively supports the development of the housing and real estate sector in Africa. The company is owned by 44 African Governments, the African Development Bank (AfDB) and the Africa Reinsurance Company.

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