Vista Bank to acquire Burkina Faso and Mozambique business of Societe Generale.

Vista Bank, a financial services firm that establishes a financial institution group and promotes economic and financial inclusion, agreed to acquire Burkina Faso and Mozambique business of Societe Generale, a French multinational investment bank and financial services company. Financial terms were not disclosed. According to the commitments made, the Vista Bank would take over all activities operated by these subsidiaries, as well as all Societe Generale's client portfolios and all employees within these entities.