The Ivorian economy remains stable (growing at around 7.5%), favored by a rebound in productivity, sustained infrastructure development and the implementation of reforms in all sectors of activity. These will improve the investment climate and make growth more sustainable and inclusive.

The bank will continue in the second half of 2019 to strengthen its status as a leading institution in accordance with its strategic plan

Net income amounted to 23,710 million (+19%).

The Net Cost of Risk was strongly controlled with a variation of (-30%) compared to data for the previous year marked by the crisis in the cocoa sector.

Thanks to the actions carried out, in particular on the strengthening of products and services adapted to each type of clientele, the bank has succeeded in maintaining its growth dynamic, which began a few years ago. It is thus posting good commercial performances which are reflected in increases in both average loans (+19%) and average deposits (+22%) compared to the same period of the previous financial year (June 2018). These commercial performances had a positive impact on NBI, which increased by +15%. In addition to the good performance of the interest margin despite pressure on rates, commissions also held up well despite the staggering of some of them in application of the provisions of the revised banking chart of accounts which entered into effective January 1, 2018.

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