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
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Burkina Faso adopts 2026-2030 Recovery Plan guiding economic and social policy Five-year plan mandated by law, replacing previous national development...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
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.