The Niger subsidiary of the Bank of Africa Group had a generous staff remuneration policy in 2020. It paid its staff 5.97 billion FCFA ($10.7 million).

In Niger, boA is effectively addressing these internal challenges, particularly created by the global health crisis. For the 2020 financial year, the Niger subsidiary of the pan-African banking group Bank of Africa paid its staff 5.97 billion FCFA ($10.7 million).
This compensation, up 20% compared to 2019, comes as the number of employees reported by the company fell for the second year in a row, to 292 people, compared to 306 at the end of 2018.
The evolution of things has not taken place in favor of its leaders. Their remuneration was CFAF 370.8 million over the period analysed. It also includes salary and various benefits, and is down 8.2% from its 2019 level.
However, these personnel costs increased due to the increase in "employee benefits", which rose from 711.4 million in 2019 to 1.36 billion CFA francs at the end of the 2020 financial year.