Finance

Coris Bank’s post-tax benefit increased to CFA19.57 billion in 2017

Tuesday, 03 April 2018 15:17

The Burkinabe group Coris Bank International, announced that in 2017, its after-tax earnings was CFA19.57 billion (about $31.31 million) an increase  from the CFA19.38 billion in 2016.

The bank also confirmss that its balance sheet increased from CFA884.99 billion in 2016 to CFA1132.01 billion on December 31, 2017.

During the period under review, customer deposits amounted to CFA620.50 billion while they stood at CFA419.65 billion the previous year. Meanwhile, loans granted to customers grew from CFA413.15 billion in 2016 to CFA542.058 billion in 2017.

Moreover, the company founded by the tycoon Idrissa Nassa, also indicates that it will pay a gross dividend worth CFA12.28 billion to shareholders (CFA384 per share).

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