EcoBank Côte d'Ivoire announced its financial results for fiscal year 2024 on Thursday, March 20, 2021. The Ivorian subsidiary of the pan-African banking group is showing

With a historic net profit of 57.5 billion FCFA ($95 million), up nearly 20%, and net banking income up 11%, the bank posted a solid performance, welcomed by the market (+4.56% on March 21). Ecobank CI's net banking income (GNP) was 122.3 billion CFA francs in 2024 compared to 110.2 billion a year earlier, representing an annual growth of 11%. This increase is driven almost equally by net interest margin, which represents 52% of revenues (+8% over one year), and non-interest income, up by 14.5%, which now account for 48% of GNP. One of the highlights of the year remains the strong reduction in the cost of risk, from 5.9 to 2.9 billion CFA francs, i.e. a decrease

Ecobank CI will propose a dividend up by 19%, to 804 gross FCFA (or 708 net FCFA) per share. This amount represents 77% of net income compared to 73% the previous year