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Transactions: BICICI makes a record performance for 2020

08/02/2021
Categories: Economy/Forex Companies

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The Banque internationale pour le commerce et l'industrie de la Côte d'Ivoire (BICICI), a subsidiary of the French group BNP Paribas, posted record values and transaction volumes at the beginning of 2021.

The covid-19 pandemic has not prevented BICICI from performing well for 2020. Even though several investors sold shares on a day when their stock was down, it caused record trading.


The securities of the financial structure have already been the subject of 2.1 billion FCFA of transactions since January 1, 2021. This performance was driven by a big trading day on January 4, when 289,560 of its securities were traded on the Abidjan Regional Stock Exchange (BRVM) where the company is listed.


This was the best monthly performance for the Bank since 2017 and the fourth since 2010. Over the one-year period, the stock posted a capital gain of 11.2%. The Bank has maintained a nearly equal level of net banking income, despite covid-19. Its net profit is 4.7 billion FCFA, up 569.7%.

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