At the end of 2020, BOA-CÔTE D’IVOIRE had 41 branches and 469 employees. Total customer deposits increased by 18.4% to CFAF 455,759 million. Customer loans fell by 6.2% over the year to CFAF 300 781 million.
The balance sheet total increased by 12.8% to reach CFAF 686 536 million. With equity capital before distribution of CFAF 60,329 million, the Bank has a solvency ratio of 10.9% for a regulatory minimum of 9.5%.
Net banking income amounted to CFAF 40,811 million, up 15.4% compared to 2019, with a better contribution from the net banking margin, which rose by 23.6%. General operating expenses, including depreciation, are up 6.7% compared to 2019.