In 2025, the Advans Group celebrated its 20th anniversary in a remarkable fashion, delivering over 20% growth in both its loan portfolio (EUR 432.8m) and deposits (EUR 262.8m), while serving 755,000 clients. This robust performance, supported by significant productivity gains and a well-controlled risk profile (PAR30 of 3.71%), generated an aggregate net income [1] across our six African subsidiaries of EUR 13m, a 68% increase compared to 2024.

2025 also marked the completion of our strategic refocusing on Africa, following the decision taken several years ago to exit Asia in an orderly and responsible manner. The divestment of Cambodia’s Amret, in particular, generated a significant liquidity event for our long-standing shareholders. As a result, (i) the balance sheet of Advans SA, the Group’s holding company, decreased from EUR 356.2m to EUR 92.8m and (ii) an accounting loss was recorded in 2025. This loss simply corresponds to the difference between the carrying value of our investments and their disposal price, after taxes and exceptional items.

With shareholders’ equity of EUR 90.6m, EUR 14.4m in cash and no financial debt, Advans SA’s financial position is solid.

Across the Group, data, technology, and innovation are transforming the way we serve clients and extend our reach. As we enter our new five-year plan (2026-2030), with strong foundations and a clear sense of historical purpose, Advans remains disciplined and ambitious in delivering responsible financial services and products. The strategic work carried out in 2025 has sharpened Advans’ focus on what matters most: to build on a proven High Tech – High Touch model -combining in-person relationships with digital touchpoints, digital processes, and data- to achieve greater scale, to amplify our capabilities in productivity, client knowledge, and AI-enabled innovation, and to sustain long-term growth.

In 20 years, our mission has not changed, but the context in which we operate has and will keep changing. Technology, regulation, competitive dynamics, and client expectations are reshaping our industry, and our response must not only recognize these changes but also leverage them to build on our strengths and transform and scale Advans, thereby cementing our leadership in responsible financial inclusion across Africa.

It is in this spirit that we have defined three strategic priorities for the years ahead. Deepen: broaden access and increase usage through a stronger and more relevant offering. Connect: transform the way we deliver services and build partnerships. Expand: consolidate and replicate our model to achieve greater scale, resilience, and long-term relevance.

In 2025, we celebrated the Group’s 20th anniversary. We are immensely grateful for the journey we have shared with our partners, stakeholders and colleagues. In 2005 we set out with a common desire to serve the unserved and supported by the trust placed not only in our founders and Advans’ management team, but also in our belief that market mechanisms could be harnessed to generate sustainable social and economic progress.

In 2026, with our investors, partners, and board, we wish to express our confidence and anticipation. Confidence, because the needs we address remain profound and our foundations are deep and strong. Anticipation, because the next chapter will require the same long-term commitment, discipline, and trust that have brought us this far.

We will continue growing together, responsibly and sustainably.

Cyrille Arnould 
Chairman of the Board, Advans SA SICAR

Steven Duchatelle 
Chief Executive Officer, Advans International