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Find all the economic and financial information on our Orishas Direct application to download on Play StoreA notice published by the Bourse Régionale des Valeurs Mobilières (BRVM) indicates that the Bank of Africa-Benin (BOA-Benin) is preparing to reward its shareholders with a substantial dividend of 468 FCFA net per share for the fiscal year 2024.
This payment takes place on Tuesday, June 3, 2025, while the stock was listed ex-dividend on Friday, May 30, 2025. The announcement came in a context where the banking institution presented mixed results for the first quarter of 2025. While Net Banking Income (GNP) showed an encouraging increase of 2% compared to the same period of the previous year, reaching 11.08 billion FCFA, net income, for its part, fell by 8%, to 4.45 billion FCFA compared to 4.84 billion FCFA in the first quarter of
2024.The management of BOA-Benin highlights a significant 8% improvement in the interest margin, a traditional pillar of banking profitability. This performance is explained by a double favorable dynamic, in particular an increase of 2% in interest income generated by customer loans and a substantial reduction of 12% in the overall cost of resources.
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