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Banking activity: BNDE has a total balance sheet of 279 billion FCFA for the 2020 financial year

03/05/2021
Categories: Sectors

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The Ordinary General Assembly of the National Bank for Economic Development (BNDE) approved the result of the Bank which amounts to FCFA 2.573 billion. It is divided into 35% dividends and 65% reserves.

The Bank's activity over the 2020 financial year ended with a total balance sheet amounting to 279 billion FCFA with an increase of 62.7 billion FCFA, i.e. + 29% compared to 2019. Loans to the customers and SFDs stand at 143 billion FCFA, they have increased over the 2020 financial year by 32 billion FCFA.
In terms of resources, the Bank was able to collect CFAF 129 billion from customers and institutions. In addition, it was able to benefit from lines of credit from donors such as BOAD, AFREXIMBANK and ICD, a subsidiary of the Islamic Development Bank (IDB), up to 27.5 billion FCFA. These lines have served to strengthen its interventions in the financing of Agribusiness and to better support companies impacted by COVID-19.

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