• SIB net profit rose to 56 billion CFA francs in 2025

• Lower risk costs and higher income supported performance

• Assets, loans and deposits grew, dividend increased to 425 francs

Société ivoirienne de banque (SIB), a subsidiary of Morocco’s Attijariwafa bank, reported net profit of 56 billion CFA francs ($100 million) in 2025, up from 50.5 billion a year earlier, according to its annual report.

The results were helped by improved risk management. The cost of risk fell 30% to 3.6 billion CFA francs, reflecting a more cautious lending policy and closer monitoring of exposures, the bank said. This helped lift operating income 10% to 63.1 billion CFA francs.

Net banking income rose 6% to 109 billion CFA francs, driven by net interest margin and higher fees and market income.

Total assets rose 12% to 1.882 trillion CFA francs. Customer deposits increased 7% to 1.503 trillion, while equity grew 9% to 204.8 billion. The solvency ratio remained above 14%, exceeding regulatory requirements. Outstanding loans rose 11% to 1.227 trillion CFA francs.

Based on these results, the board will propose a gross dividend of 425 CFA francs per share at the next annual general meeting, for a yield of 7.39% based on the Dec. 31, 2025 closing price, versus 375 francs a year earlier.

For 2026, the bank plans to leverage Côte d’Ivoire’s projected 6.3% growth to continue modernizing its services and strengthening governance. This is part of the “Impulsion 2028” strategic plan, which aims to create long-term value amid sector changes.

Sandrine Gaingne