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NSIA BANQUE CI: continued solid financial performance, credit rating unchanged

09/01/2024
Source : ORISHAS FINANCE
Categories: Sectors

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NSIA Banque CI announced at the beginning of this week that it would maintain its solid financial performance despite persistent challenges. The Bloomfield Investment Rating Agency maintained its long-term AA- and short-term A1 credit

ratings.

The financial rating granted by Bloomfield Investment strongly underlines the exceptional resilience and consistency of NSIA Banque CI in a constantly changing economic environment. It is valid from September 2023 to August 2024. Despite numerous economic and environmental challenges, this remarkable performance testifies to the effectiveness of the strategies implemented by the Bank. The stability of the rating, compared to the previous year, is particularly significant in the current economic context. It attests to NSIA Banque CI's ability to successfully navigate demanding market conditions in order to strengthen its position and maintain solid financial performance

.

Les facteurs positifs tels qu' une continued organizational redesign; effective implementation of the “Altitude 22-26” strategic plan; good flexibility of financing; a growth in performance indicators; an improvement in the concentration and quality of the credit portfolio; a continuously improving operation; and a continuous decrease in the cost of risk characterize the rating.

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