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).
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...
M-Pesa accuses Ethio Telecom of blocking access to new Lehulum app App aims to offer unive...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
Market sources expect rice prices to keep falling in the first quarter of 2026. India is heading for a record harvest and may release large export...
(PRESIDENCE DE LA GUINEE) - The Republic of Guinea has taken a major new step in the implementation of the sustainable and responsible Simandou 2040...
FAO launched a $2.7 million agricultural project to strengthen farmers’ organizations in Niger. The project targets Dosso and Tillabéri and...
Global Atomic delayed the start-up of Niger’s Dasa uranium processing plant by one year to the second half of 2027. Border closures with Benin and...
In line with a broad movement acknowledging colonial-era spoliations and seeking to rebalance cultural relations between Africa and Europe, countries such...
MoMA opens Pan-African portrait photography exhibition on December 14 Show explores mid-20th century African identity and political...