Vista Expands Banking to France in First Outside-Africa Push
- Lender will start operation in second half of the year
- Vista plans to increase its footprint to 26 countries by 2026
This article is for subscribers only.
Vista Group, which bought Societe Generale SA and BNP Paribas SA’s African units, is expanding to France as the Burkina Faso-based lender looks to tap into trade opportunities between Africa and Europe.
Vista — which is owned by Washington-based Lilium Group — will launch in France in the second half of the year, with the unit becoming the lender’s first operation outside of Africa, it said in a statement Friday. Services it will provide will include corporate banking, international trade financing, foreign exchange and treasury management and advisory services, it said.