The National Bank for Agricultural Development (BNDA) aims to collect 389 billion CFA francs, about 725 million dollars and grant credits up to 539 billion indicated the officials of this bank at the end of the 138th session of the council of administration.

This session held by videoconference on December 17, 2020 reveals that the BNDA intends to achieve a Gross National Product (GNP) of nearly 60 billion by 2025, i.e. a net result of at least 15 billion.

In addition, the Board of Directors granted authorization for the signing of agreements with KFW for 10.8 billion and a loan agreement with the West African Development Bank (BOAD) for 10 billion. However, the landing on December 31, 2020 bodes well with the achievement of the objectives at 95%.

“The 2021 activity objectives are as follows: Achieve outstanding deposits at the end of December 2021 of CFAF 389,771 million, i.e. an increase of 8.91% compared to the estimated achievements for 2020 and above all strengthen stable deposits; and make grants for a total volume of 539,825 million FCFA at the end of December 2021, an increase of 5.2% compared to the 2020 financial year, respecting the level of appetite defined by the Board of Directors ", left hear, Souleymane Waigalo, Managing Director of the National Bank for Agricultural Development.

Note that NBI will be 43,506 million at December 31, 2021, an increase of 7%, while commissions will represent 30% of NBI. The beneficial owner register (RBE) will be 19,844 million or 45% of the NBI and the net result will come out at 9,049 million or 21% of the NBI. The cost/income ratio will be 54.4%.