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BICICI: net income and GDP up in 2024

02/04/2025
Source : ORISHAS FINANCE
Categories: Sectors

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La Banque International Trade and Industry of Côte d'Ivoire (BICICI) posted a net profit of 26.2 billion CFA francs ($42.8 million) as of December 31, 2024, up 57% over one year. While net banking income (GNP), the main indicator of banking activity, reached 68.1 billion CFA francs, an increase of +22.6% compared

to 2023.

The performances recorded by BICICI in 2024 are driven by a favorable evolution of net interests (+23.2%) and commissions (+23.3%), a reflection of a strengthened commercial strategy& acute;. The bank's balance sheet crossed the threshold of 1000 billion CFA francs in assets for the first time, up 10.3% over one year. The customer loan portfolio grew by 15.5% to reach 565 billion CFA francs, while interbank claims increased by more than four, a sign of a strategic repositioning of cash flow, while throughout the last year interbank rates

increased by up to 6%.

La banque dont l' action est cotée à la BRVM strengthened its equity (+19.4%), in particular thanks to an increase in subscribed capital (from 8.33 billion FCFA to ; 25 billion FCFA), and is continuing its structural investments

.
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