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Oragroup will distribute 4.442 billion CFA francs in dividends

16/06/2020
Source : Lome.com
Categories: Economy/Forex

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The shareholders of Oragroup, a banking group based in Lomé, will be entitled to 4.442 billion CFA francs in dividends according to the draft allocation of results for the 2019 financial year.

The same source indicates that the gross unit dividend amounts to 64 F. And the payment will take place within 45 days from June 29, 2020, the date on which the institution holds a general meeting behind closed doors at the Hotel February 2 from Lome.

In addition, according to the group's consolidated financial statements, the financial year ended December 31, 2019 ended with a net profit of 18.327 billion CFA francs. The total balance sheet rose to 2,634 billion FCFA against 2,171 billion in 2018, and equity stood at 140.6 billion FCFA.

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