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Gabon: BGFIBank's net income up 114%

25/05/2021
Categories: Companies Rate

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Despite the health crisis, the BGFIBank Group had an exceptional year in 2020 with record performance. The banking institution achieved a consolidated net result up 114% compared to 2019, according to data published Friday at the group's Annual General Meeting held in Libreville.

Under the chairmanship of Henri-Claude Oyima, its CEO, the Annual General Meeting of the BGFIBank group indicates that all the indicators are green. Operating in 11 African countries and in France, the banking institution achieved a consolidated net income of 44 billion FCFA (82 million dollars) in 2020. Thus, the total balance sheet is 3,516 billion FCFA. As for the GNP, it stood at 197 billion FCFA. “These results reflect the continuous and relentless work of all of the group's 2,200 employees,” said Henri-Claude Oyima.

“This dynamic put in place from the start of the crisis has enabled us to achieve these results”, rejoiced Henri-Claude Oyima, appreciating the resilience of his group in the face of this planetary crisis. For the future, the BGFIBank group intends to continue its support for the financing of the economies of the countries in which it is established. This funding will also benefit private companies carrying out major development projects.

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