Ecobank Togo wins award for Best Treasury Securities Specialist in 2022

(Togo First) – Ecobank Togo is the best Treasury Securities Specialist (TSS) on Togolese public securities for the year 2022. UMOA-Titres, the agency that oversees the WAEMU’s stock market, gave the bank the title which it also held in 2018 and 2021.

TSSs are financial institutions authorized to directly interact with the French Treasury to buy and sell government securities, especially bonds or bills.

Last year, 22 TSSs in the WAEMU, including 18 banks and 4 brokering companies, were evaluated. The ranking was based on a 100-point scale, divided between participation in auctions (50 points), presence on the secondary market (35 points), and quality of service (15 points).

Orabank Togo was the second most active entity in Togolese securities in 2022. Coris Burkina and BIIC Financial Services of Benin came right after.

In particular, Orabank Togo, which has a trading room in Lomé, maintained a notable presence on the regional financial market, ranking among the top three investors in almost all UEMOA countries, except Guinea Bissau.