In the pursuit of its growth dynamic, the year 2020 will have been for BANK OF AFRICA – TOGO (BOA-TOGO) he confirmation of the impetus given in recent years to improve the Bank’s
indicators of the Bank.
Despite the highly competitive context and the health crisis, BOA-TOGO’s achievements reveal
a general growth in performance and profitability indicators.
- The resources collected from customers reached CFAF 87.2 billion, i.e. 14.6% growth compared to the previous year.
compared to the previous year. Outstanding financing granted rose by 2% to CFAF 76.6 billion 76.6 billion CFA francs.
- Total assets increased by 10% to CFAF 175.36 billion.
- Net banking income grew by 37% to CFAF 11.7 billion, covering general expenses of CFAF 5.7 billion.
of CFA F 5.7 billion (including depreciation), thus generating an operating ratio of 48.8% of 48.8%.