Finance

NSIA Banque CI Reports Record Profit at 2023 Annual General Meeting

NSIA Banque CI Reports Record Profit at 2023 Annual General Meeting
Thursday, 30 May 2024 20:45

NSIA Banque CI held its Annual General Meeting, attended by Chairman Jean Kacou Diagou and CEO Léonce Yacé. The meeting, held on May 23, 2024, at the CRRAE-UMOA amphitheater in Abidjan-Plateau, reviewed the bank’s financial performance for the year ending December 31, 2023.

During the AGM, the Board of Directors presented a highly positive report, which shareholders unanimously approved. The management reports, auditors' reports, and financial statements were all adopted without reservation. A highlight of the meeting was the announcement of a record net profit of 34.8 billion CFA francs for 2023.

On the Board’s recommendation, shareholders decided on the allocation of this profit, which, combined with the previous year's retained earnings, brought the available balance to 104.8 billion CFA francs. A resolution was unanimously passed to distribute a total gross dividend of 12.5 billion CFA francs, equivalent to 505 CFA francs per share. This dividend will be paid within 45 days of the AGM.

The meeting also reaffirmed NSIA Banque CI's commitment to its stakeholders and its dedication to supporting Côte d'Ivoire's economic and financial development. In 2023, the bank was recognized for its corporate social responsibility efforts and anti-money laundering initiatives. It received the "Best Custodian Bank" award from the Regional Stock Exchange (BRVM).

On the same topic
African experts urge G20 to address bias in global credit ratings Report says unfair ratings raise borrowing costs, harm development efforts AU plans...
Government released a first tranche of UGX 529 billion ($145 million) to fund more than 10,589 cooperatives. Each cooperative will receive UGX...
Atlantic Group aims to expand into industrial sectors, including the creation of a cement production unit and potential mining projects. The...
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Most Read
01

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
02

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.