The management of BOA Benin has established the mid-term results of its activities. As such, the Bank recorded an increase of more than 20% in net income in the first half of 2023.

BOA Benin's net income increased by 20.41% at the end of the first half of 2023 compared to the first half of 2022, according to the activity report prepared by management. This result shows a balance of 13 billion FCFA compared to 10.413 billion FCFA in the first half of

For its part, net banking income increased by 10.03%, reaching 24 billion FCFA compared to 22 billion FCFA at 30 June 2022. According to officials at BOA Benin, this increase is due to the growth of commissions over the rolling year by 23% as well as interest income increasing by 25.9% with good control of the cost of resources

For its part, outstanding customer deposits increased by 3.3% over the period. During the period under review, BOA Benin's general expenses increased by 3.01% to 12 billion FCFA compared to 11.410 billion FCFA a year earlier. Regarding gross operating income, the activity report highlights an increase of 17%, from 10.393 billion FCFA in the first half of 2022 to 12.237 billion FCFA a