Vista Bank is a banking group that operates across several African countries, controlled by Burkina Faso-born financier Simon Tiemtoré. It has been described as one of a new cohort of multinational banking groups in Africa, together with Coris Bank.[1]
History
In 2016, Tiemtoré set up a holding company in New York City, Lilium Capital, through which he acquired the distressed First International Bank (FIBank), a lender based in the Gambia with operations in Guinea and Sierra Leone,[2] which he renamed Vista Bank in 2021.[3]
In 2020, Vista Bank announced its acquisition of the stakes held by BNP Paribas in two banks, BICIGUI in Conakry, Guinea and BICIAB in Ouagadougou