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NSIA Banque Côte d'Ivoire: an annual profit up by 38.1 billion FCFA in 2024

31/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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NSIA Banque Côte d'Ivoire ended fiscal year 2024 with a net profit of 38.1 billion CFA francs ($62.6 million), up 9.48% compared to the previous year's fiscal year.

NSIA Banque Côte d' Ivoire reported an increase ofin 9,48% its net profit for 2024, reaching 38.1 billion CFA francs (62.6 million dollars), against 34.8 billion CFA francs in 2023. Supported by a 27% increase in commissions, which reached 34.3 billion CFA francs, the bank recorded a growth of 7.5% in net banking income to 97.8 billion CFA francs. Interest income fell slightly to 63.5 billion CFA francs. Les résultats de NSIA Banque Côte d'Ivoire for 2024 reflect stable revenue growth and better risk management. A sharp drop in the cost of risk of 116% year-on-year helped improve profitability, while the share of non-performing loans fell by 47%, strengthening the balance sheet.

Total assets increased by 23%, supported by a 17% increase in outstanding loans to 1,536 billion CFA francs.
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