Amen Group was founded at the beginning of the last century by the late Brahim Ben Yedder. Originally, the group was specializing in food industry.
Cafés Ben Yedder, a company founded in 1934, specializes in roasting and distributing coffee in Tunisia. G.F.C.O. (“Grande Fabrique de Confiserie Orientale), a company producing and distributing Halwa Chamia was acquired in 1957.
Huilerie Ben Yedder, a pioneer company in the extraction, packaging and marketing of olive oils was founded in 1961.
It was in the early 1970s that Amen Group started its strategic development with the acquisition in 1971 of CFCT ("Crédit Foncier et Commercial de Tunisie"), which will be renamed AMEN BANK in 1995 and the acquisition in 1973 of The insurance company COMAR (Compagnie Méditerranéenne d'Assurances et Reassurances).
Another major acquisition for Amen Group was Parenin in 1977. The company was founded in 1902 and is the concessionaire in Tunisia of renowned multinationals such as Caterpillar since 1926, John Deere (agricultural equipment) since 1939 and Atlas Copco since 1983.
CREATION OF THE COMPANY CAFES BEN YEDDER
BIRTH OF G.F.C.O. ("GRANDE FABRIQUE DE CONFISERIE ORIENTALE ")
CREATION OF BEN YEDDER HUILERIE
ACQUISITION OF C.F.C.T. ("CREDIT FONCIER ET COMMERCIAL DE TUNISIE ")
ACQUISITION OF PARENIN
BIRTH OF THE COMPANY MAGHREB LEASING ALGERIA
ACQUISITION OF THE MAJORITY OF THE CAPITAL OF ENNAKL
ACQUISITION OF THE COMPANY ALIOS FINANCE SUB-SAHARAN AFRICA
The acquisition of a majority shareholding in the Tunisie Leasing Group enabled Amen Group to strengthen its position as a leading player in the financial sector in Tunisia and then in Algeria with the creation in 2005 of Maghreb Leasing Algeria.
In 2012, Amen Group, in a consortium with Poulina Group Holding, acquires a majority stake in Ennakl, which has been a distributor of the VW Group in Tunisia since 1965. In mid-2014, Amen Group breaks the threshold of 50% in Ennakl capital.
In 2015, Amen Group extends its activity in sub-Saharan Africa with the acquisition of the company Alios Finance.
The new visual identity of AMEN BANK carries a more modern logo, combining synergy and fidelity to the values which are the very essence of the bank. The retained colors and shapes (the symbolism of the logotype) have a special meaning: Green Green, which is the reference color of AMEN BANK, has always been a symbol of hope; it is also ...