Advans Banque Congo
| Private | |
| Industry | Banking |
| Founded | October 8, 2008 |
| Headquarters | Avenue du Bas Congo, N°4, Kinshasa, DRC |
| Products | Loans, Checking, Savings |
Number of employees | 264 |
| Website | Advans Banque Congo |
Overview
Advans Banque Congo S.A., commonly referred to as Advans Banque, is an independent commercial bank based in the Democratic Republic of Congo, with its headquarters located in Kinshasa.
The bank has a particular focus on the provision of financial services to micro, small and medium Congolese enterprises as its niche market.[1]
History
Advans Banque Congo was incorporated in July 2008 and granted a commercial banking license in May 2009 by the Central Bank of Congo.[2]
Ownership
Advans Banque Congo is a venture between Advans SA (formally knows as Lafayette investment), a venture capital firm registered in Luxembourg as majority shareholder with KfW Bankengruppe KfW, African Development Bank, International Finance Corporation and Horus Development Finance as minority shareholders in the venture.
Advans SA aims to establish microfinance financial institutions in emerging economies. Advans SA owns microfinance institutions in the Democratic Republic of the Congo, Cameroon, Ghana, Cambodia, Pakistan, Cote d'Ivoire and Tanzania.[3]
The table below depicts the shareholding within Advans B a nque Congo:[4]
| Advans Banque Congo Stock Ownership | ||||||||||||
|