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AXIAN FINANCIAL SERVICES

Developing countries’ economies remain largely informal and access 
to basic banking such as savings, credit and insurance is limited. 
The AXIAN Financial Services cluster has used its numerous projects 
to position itself as a facilitator for access to basic finance 
and banking for all.

Portrait de Hassane Muhiedinne/Hassane Muhiedinne portrait
Icône 'guillement'/'quoting mark' icon

We consider capital investments a means of addressing specific barriers to inclusion and social responsibility at a localized level. Developing profitable and sustainable companies in Africa without ethical, inclusive investment strategy is simply not possible.

Hassane Muhiedinne

CEO AXIAN Financial Services

AXIAN Financial Services
at a glance

No. 1

banking network
in Madagascar

No. 1

corporate bank
in the country with BNI Madagascar

100%

annual growth in brokerage and insurance

23 000

households benefited from health insurance through Sanko Madagascar

40%

of bank branches
solar-powered

15 600

people financed
through KRED

Over 2,500

VSE & SMEs financed

BNI MADAGASCAR is the leading local Malagasy bank offering banking products and services tailored to the needs of professionals and individuals. It participates in financial inclusion and the stimulation of the formal sector of the economy

1st

network of banking
branches in Madagascar

1st

bank for SMEs
and micro-enterprises

40%

of all branches
fully solar-powered

KRED is the 100% digital microfinance brand of BNI MADAGASCAR bank and its range of services is a first in Africa. Developed in Madagascar in line with the groups synergy, it was created to meet the growing needs of Malagasy VSEs and SMEs in financing. KRED offers an optimal integration of mobile services into financial services

1st

100%-digital microcredit
platform in Africa

13 090

people financed

86 126 355 000

amount financed

SANKO is an AXIAN Group subsidiary based in Madagascar, offering insurance brokerage and risk management services across Africa. SANKO's team of dedicated insurance professionals, trained in managing modern risks, offers comprehensive risk management support to its clients.

+ 260

satisfied clients

+ 600

active insurance
policies

+ 3 000

claims handled
in 10 years of existence

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