Burkinabe billionaire Idrissa Nassa's Coris Bank posts $106 million nine-month profit
Coris Bank International, the lender founded by Burkinabe billionaire Idrissa Nassa, raised nine-month profit 17.8% to $106 million as customer deposits surged.
Skip to content
Coris Bank International, the lender founded by Burkinabe billionaire Idrissa Nassa, raised nine-month profit 17.8% to $106 million as customer deposits surged.
Coris Bank, the lender of Burkinabe banking tycoon Idrissa Nassa, has launched Islamic banking in Chad to reach customers outside the formal banking system.
Idrissa Nassa's Coris Bank International has given 100 million CFA francs to Burkina Faso's government to support children of soldiers and volunteers killed in action.
Larry Ellison has spent decades borrowing against Oracle shares rather than selling. He now plans to sell up to $7.5 billion of them by Oct. 24.
Coris Bank International Burkina Faso lifted half-year net income 23.5% to $74 million while its cost of risk rose 48% to a seven-year high.
Coris Bank International Burkina Faso reached 1,040 billion CFA francs on Sept. 2, up 201% this year, after first-half profit rose 24%.
Idrissa Nassa's Coris Bank has committed to mobilise $712 million for four university hospitals and 27 schools under a memorandum signed in Ouagadougou.
Coris Holding, founded by Burkinabè banker Idrissa Nassa, has signed an €80 million facility with the ECOWAS bank for food, energy and agriculture.
Coris Bank International, founded by Burkinabè businessman Idrissa Nassa, plans to open in the Central African Republic as it pushes into Central Africa.
Coris Bank, led by Idrissa Nassa, has incorporated a Cameroonian subsidiary and named its leaders, awaiting approval to start operations. Ghost
Idrissa Nassa's Coris Holding has raised its stake in Cape Verde's biggest bank to 62.25% after completing a mandatory public acquisition offer targeting minority shareholders.
Idrissa Nassa's Coris Holding and Vista Bank are jointly requesting $45 million from the IFC to expand SME lending in Senegal, separate from the $10 million Chad facility already in the pipeline for Coris.
The IFC plans to provide up to $10 million to Coris Bank International Chad, a subsidiary of Idrissa Nassa's Coris Holding, to expand SME lending across trade, construction and agriculture.
Idrissa Nassa's Coris Holding has joined a 17-institution coalition targeting a $50 billion gap in African agricultural trade financing at the Nairobi summit.
Idrissa Nassa started out trading bicycle parts and consumer goods in Burkina Faso. He now controls a $9 billion pan-African banking empire.
Coris Bank, founded by Idrissa Nassa, posted a 22% rise in first-quarter profit in 2026, continuing its strong run across West Africa.