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Union Togolaise de Banque operates as a commercial bank, offering a full range of financial services. It provides core solutions including accounts, bank cards, and private loans for individuals. Specialized services are also available for professionals and corporate entities, facilitating transactions and providing banking infrastructure in Togo.
UTB was founded in June 1964 as a semi-public company, established to foster national economic development and banking access. Its ownership evolved, with the Togolese State becoming the sole shareholder in June 1994, cementing its role as a key national financial entity.
The bank serves a broad client base, from individual consumers to corporate organizations across Togo. Union Togolaise de Banque aims to be a pillar of the Togolese economy, envisioning its role in advancing financial inclusion and contributing to economic growth by meeting client needs.
Union Togolaise de Banque has 1 tracked investment across 1 company. The latest tracked deal is $4.0M Debt in Bboxx in February 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 27, 2018 | Bboxx | $4.0M Debt | Union Togolaise DE Banque | Africa Guarantee Fund |