BANK OF AFRICA OPENS A REPRESENTATIVE OFFICE IN SWITZERLAND TO SUPPORT SWISS SMES IN THEIR INVESTMENTS IN AFRICA

BANK OF AFRICA OPENS A REPRESENTATIVE OFFICE IN SWITZERLAND TO SUPPORT SWISS SMES IN THEIR INVESTMENTS IN AFRICA

Zurich, Switzerland – May 29, 2024 – BANK OF AFRICA SA is pleased to announce the addition of its representative office in Zurich into its operations, marking a significant step in its international expansion and its commitment to supporting Swiss SMEs in their investments in Africa.

A Banking License for Tailored Support

BANK OF AFRICA’s expertise in Africa and its willingness to be closer to its Swiss clients, has obtained a banking license from the Swiss Financial Market Supervisory Authority (FINMA). This status allows it to operate as a representative of a foreign bank in Switzerland starting from May 1, 2024.
The primary mission of BANK OF AFRICA's representative office in Switzerland will be to promote the bank's financial products and services, particularly in corporate and investment banking. It will also serve as a support platform for Swiss institutions wishing to establish or expand their activities in African markets.

BANK OF AFRICA: The Preferred Partner for Swiss SMEs in Africa

BANK OF AFRICA's expertise and presence in 20 African countries and its extensive network, will offer Swiss SMEs unique expertise and privileged access to African markets. The bank provides a comprehensive range of customized banking solutions designed to meet the specific needs of businesses looking to invest or trade in Africa.

Becoming the Key Reference for Swiss SMEs

By establishing a presence in Switzerland, BANK OF AFRICA aims to become the go-to partner for Swiss SMEs planning to expand into Africa. The bank offers them a team of seasoned experts and unparalleled know-how to support them at every stage of their project.

About BANK OF AFRICA

BANK OF AFRICA is a pan-African banking group operating in 20 African countries. With more than 2,000 points of sale and over 14,800 employees, BANK OF AFRICA offers a comprehensive range of banking products and services to individuals, businesses, and institutions. BANK OF AFRICA is a major player in development financing in Africa and is committed to contributing to the continent's economic growth.