Coris Bank International Togo is a subsidiary of the Coris Group established in the 8 countries making up WAEMU, one of the most active players on the WAEMU Government Securities Market. This is evidenced by its regular participation in various operations on the debt market. Last year, in the context of COVID-19, based on compilations of published results, the Coris Group was the leading investor in the COVID-19 bonds with over 763 billion out of a total of 2003 billion mobilized by the States, i.e. 38.1%. <\/span><\/p>\n\n\n\n Coris Bank International Togo, for its part, participates extensively in operations on this market through its interventions on all issues and its presence on secondary market activities. <\/span><\/p>\n\n\n\n When you consult the statistics published by UMOA-Titres, which has done a lot of work over the past few years, you realize that by August 31, the stock of debt issued by WAEMU States stood at XOF 10,728.56 billion. This outstanding debt shows the contribution of banks which hold nearly XOF 9 916 billion of this debt, i.e. about 92% of the contribution to the revival WAEMU zone economies. <\/span><\/p>\n\n\n\n In the current difficult health context, banks are looking for profitable assets whose risks are under control. As the health crisis has impacted the economic fabric, securities issued by member States are among the assets that meet these criteria. This year, the opportunity is renewed with the Recovery Bonds program associated with a tax exemption in the issuing country. Coris Bank International Togo will continue to seize these opportunities in order to maintain its banking activities and fully play its role in project financing.<\/span><\/p>\n\n\n\n
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