Orabank Togo, a subsidiary of the pan-African banking group Oragroup, called on the regional financial market. This operation, launched on December 9, 2021, enabled it to raise 25 billion FCFA by selling 7% of receivables to FCTC ORABANK for the period 2021-2026.

The operation was closed early on December 10, 2021. The subscription level of 152% demonstrates the remarkable success of the operation as well as the market's appetite for alternative and innovative financial products. The transaction, structured by ALC Structuration and carried out in the form of a public offering, was authorized by the Regional Council for Public Savings and Financial Markets (CREPMF), under visa number FCTC/2021 -01/CO-01-2021/NI01-2021.

The bonds issued by the Common Fund for the Securitization of Claims at the nominal value of 10,000 FCFA will give rise to a quarterly payment of interest and a reimbursement of the capital by constant quarterly amortization after six months of deferral. The bonds will be listed on the BRVM in the coming months. The FCTC ORABANK 7% 2021-2026 is managed by ALC Titrisation.