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Net banking income: BOA Benin fell by 2% in the first half of 2022

06/10/2022
Categories: Companies

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The directors of Bank of Africa (BOA) Benin announced that the net banking income (PNB) of this banking institution based in Cotonou fell slightly by 2% in the first half of 2022 compared to the same period of 2021. The GNP stood at 21.803 billion FCFA compared with 22.242 billion FCFA on 30 June 2021, a contraction of 439 million FCFA. This decline is due to the fall in the banking margin, which is itself linked to the fall in the stock of net loans to customers.

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