The activity report prepared by the management of BOA Benin mentions that the banking institution's net profit fell slightly by 1% in the 3rd quarter of 2023 compared to the 3rd quarter of 2022. This decrease is the cause of the evolution of taxation on securities in Benin

The net result of the BOA Benin question was 17.018 billion FCFA compared to 17.189 billion FCFA in the 3rd quarter of 2022. According to Bank officials, “the profit tax rises from 549 million FCFA to 1.474 billion FCFA.” The bank's management indicated that “at the end of September 2023, BOA Benin retained its second rank in Benin's banking market, both in jobs and in resources, representing respectively 14.19% and 18.63% of market share”. Net banking income (GNP) amounted to 36 billion FCFA compared to 35 billion FCFA at 30 September 2022, an increase of 3%