The solemn listing ceremony of the International Bank for Industry and Commerce of Benin (BIIC) took place on Monday, April 28, 2025 in Cotonou. Under the symbol BICM, this financial institution is now listed on the Bourse Régionale des Valeurs Mobilières (BRVM

The BIIC becomes the third Beninese company to be listed on the BRVM, after the introduction of the Benin National Lottery (LNB) only four months ago. This reinforces the country's representation on this common market with the countries of the UEMOA. soci t The BIC is now the 48th cot Already e style="font-family: "Bookman Old Style”, serif"> the BRVM, helping to increase capitalization total market at a record level of more than 11 000 billion CFA francs. The first listing of BIIC is part of a successful privatization process, with a market capitalization of 323.45 billion CFA francs at the time of introduction

In reality, the introduction of the BIIC is of a particular nature. First, this admission is the largest issue of shares by a banking institution on the Regional Financial Market, with an amount raised of 100.45 billion FCFA, greatly exceeding previous record raises, such as that of ORAGROUP (56.92 billion FCFA in 2019) and Ecobank Côte d'Ivoire (45 billion FCFA in 2017)

Second, it also represents the second largest IPO (Initial Public Offering) since the creation of the BRVM, after that of Orange Côte d'Ivoire (140.98 billion FCFA in 2022) in 2022.

noted that several retail investors contributed to the success of the operation with more than ten thousand subscription lines representing around 25% of the amount raised, i.e. more than 25 billion CFA francs.