Société Ivoirienne de Banque (SIB), a subsidiary of the Moroccan banking group Attijariwafa Bank, will pay its shareholders on July 31, 2024, for the fiscal year 2023, a net global dividend of 24.750 billion FCFA (42.075 million dollars), announced the managers of this banking institution based in Abidjan.

The net global dividend corresponds to a net dividend per share of 495 FCFA, the same as was paid in 2022. According to BRVM officials, the SIB Côte d'Ivoire stock will trade ex dividend as of Monday, July 29, 2024. Investors who wish to acquire SIB Côte d'Ivoire shares therefore have until Friday, July 26, 2024 to do so. After this period, BRVM officials will cancel all pending stock exchange orders in the trading system

At the close of the trading session on Wednesday, July 17, 2024, the SIB Côte d'Ivoire share price was at 6,720 FCFA, up 0.30%. At the end of the 2023 financial year, SIB's net income grew by 9% with an achievement of 43.5 billion FCFA compared to 40.1 billion FCFA

The total balance sheet of CFAF 1,606 billion increased by 7% compared to fiscal year 2022. For its part, net banking income increased by 14%, with a level of 96 billion FCFA against 84 billion FCFA in 2022. According to the bank's managers, this significant growth is mainly supported by the increase in service revenues (+23.5%) and market activities (+12%