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BOAD Board of Directors: the 147th session shows an increase of 9.32%

23/09/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Board of Directors of the West African Bank of Development (BOAD ) style="font-size:14.0pt; font-family: "Bookman Old Style”, serif; mso-fareast-font-family: "Times New Roman”; mso-bidi-font-family:arial; Mso-fareast-language:fr"> met on September 18, 2025 by videoconference. The accounts for the first half of the year have been validated.

LA 147e ordinary session of its Board of Directors, chaired by Serge Ekue, a recorded encouraging results for the period ending on 30 June 2025. The The institution's balance sheet grew by 9.32%, reaching FCFA 4,256,478 million compared to 3,893,477 million at December 31, 2024. Financial strength is supported by a net income of 22,163 million CFA francs and by own funds up 23.34%. This growth is largely driven by the show hybrid completed in February 2025, now bringing effective equity to 40.30% of the balance sheet total. The Board of Directors welcomed these performances and highlighted the consolidation of the financial rating of the Bank, whose outlook has changed from “negative” to “stable”, signal positive for investors and development partners.

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