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Ivorian economy: SIB recorded a net profit of 13.6 billion FCFA in the first quarter of 2025

01/05/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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A u 1er trimestre 2025 , the Société Ivoirienne de Banque (SIB) recorded a net profit of 13.6 billion FCFA (23.6 million $) , en hausse de 10% compared to 12.3 billion FCFA (21.3 million $

) the previous year.

The subsidiary of Attijariwafa Bank (BRVM: SIBC) saw its net banking income increase by 12% to 26.5 billion CFA francs (45.9 million dollars). Management attributed continued economic growth to Côte d'Ivoire, supported by ambitious economic reforms and a forward-looking 2025 budget. The bank said in its quarterly report that customer deposits increased by 6% to 1.37 trillion FCFA (2.37 billion dollars), reflecting “a proactive commercial policy and increased customer trust”. Customer loans fell slightly by 1% to 1.04 trillion FCFA ($1.8 billion).

The bank maintains a positive outlook for the rest of 2025 and remains “fully committed to strengthening its role as a trusted partner for development.”
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