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Find all the economic and financial information on our Orishas Direct application to download on Play StorePour l' exercice clos le 31 décembre 2024, la Société Ivoirienne de Banque (SIB) announced a 15% increase in its net profit to 50 billion XOF (79.1 million dollars).
The SIB is supported by rising loans and deposits. According to the information, the bank's total assets increased by 5% to XOF 1,685 billion ($2.67 billion), reflecting steady expansion. SIB's net banking income (GNP) increased by 8% to XOF 103 billion ($163 million), thanks to a 13% increase in interest margins and market transactions. Customer deposits increased by 8% to XOF 1,399 billion ($2.21 billion), while customer loans grew 6% to XOF 1,101 billion ($1.74 billion). LaSIB style="font-family: "Bookman Old Style”, serif"> launched its “Impulsion 2028" strategic plan in October 2024, aimed at developing its digital banking offerings, supporting SMEs and diversifying financial products.
The bank also increased its capital by 10 billion XOF ($15.8 million) to 20 billion XOF ($31.6 million), in accordance with the new UEMOA banking regulations.
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