The côte d'Ivoire subsidiary of the Moroccan group Attijariwafa Bank experienced a less dynamic beginning of 2022, due to government loans becoming unprofitable. Nevertheless, key performance remained positive.

In Côte d'Ivoire, loans granted to the government on the West African Monetary Union capital market are now yielding much less than in 2021. This had a negative impact on SIB's performance in the first quarter of 2022. Compared to the same period in 2021, the financial group, for the 3 months ending at the end of March, reported a 10% decline in income from activities on securities issued by the State.

His net banking income despite having reached the comfortable level of 21.8 billion FCFA ($35 million) is up 3% compared to the 11% increase observed in the first quarter of 2021. The largest decline (less than 3.5 percentage points) was observed in the most commonly issued securities, namely Treasury bills with a maturity of three months.