NSIA Finance announces the successful issuance of the FCTC NSIA BANK 7% 2020-2025 with a
oversubscription to the tune of 41.3 billion CFA francs for 40 billion CFA francs. A plebiscite that confirms
the international attractiveness of NSIA's offering and reflects the demand for profitable investment offerings
and accessible to investors.
The public offering, which ran from February 7 to March 6, 2020 and for which the Fonds Commun de
Securitization of Loans NSIA BANK (named FCTC NSIA BANK 7% 2020-2025) has obtained
the approval of the Regional Council for Public Savings and Financial Markets (CREPMF) on 21 January
2020, focused on the issuance of bonds for a total amount of 40 billion CFA francs. This is 4,000,000
securities (bonds), with a nominal value of 10,000 CFA francs, with a maturity of 60 months and a rate
annual return of 7%. A profitability that, combined with its financial and geographical accessibility,
explains its attractiveness, noted by the high subscription rate. More than two<-thirds of the funds were > collected outside the African continent, with subscribers coming mainly from the United States,
Switzerland, France and the United Arab Emirates (UAE).
"We are delighted with the success of this transaction, which reflects a successful collaboration between NSIA
Finance and its colleagues in the sub-region. The good reception given by investors from the 8 countries of
WAEMU and beyond is a source of pride for our group and reaffirms NSIA FINANCE conduct new fundraisers of this magnitude. " said Éliane Alangba, Executive Director
Assistant of NSIA Finance.
"With a reference investor which is the International Finance Corporation (IFC), a member of the r the World Bank, and a large number of retail investors among subscribers (91.37%), this
Securitisation operation allows NSIA Banque CI to strengthen its financing capacity. These resources
will be put to the direct benefit of small and medium-sized enterprises (SMEs), a major focus of the bank for the next 5 years. " continued Léonce Yacé, Chief Executive Officer of NSIA Banque Côte
d'Ivoire.
The FCTC NSIA Bank 7% 2020-2025 is managed by Africa Link Capital Securitisation, leader in the b WAEMU in this area. "The FCTC NSIA BANK represents a great first for the banking
of WAMU. We hope that this operation will arouse interest among other actors in this
industry. The success of this operation proves that economic actors can count on the market
financial, and the mechanism of the Securitization of receivables in particular to boost their development. b added Olivier Gui, CEO of ALC Securitisation.
The FCTC NSIA Bank 7% 2020-2025 will very soon submit an application for admission to the listing on
the Regional Stock Exchange (BRVM).
About NSIA
Group The NSIA Group is a Financial Services Group that integrates banking and
products and services insurance. The NSIA Group, is strong of 3 Banks, 3 bank branches, 20 Companies
d'Assurances, 1 Société de Gestion et d'Intermédiation (SGI), 1 Société de Gestion des UCITS, 1 société
Real estate, 1 reinsurance brokerage company, and 1 Foundation. It has more than 3,000 employees.