• Coris Bank Q3 profit rises 6.25% to $93.5M on stronger operations

• Deposits up nearly 10%, but customer loans fall 3.2% year-on-year

• Bank outlook stable amid Burkina Faso’s economic rebound and investment push

Coris Bank International (CBI SA), one of Burkina Faso’s top lenders, posted a 6.25% rise in third-quarter 2025 net profit to 52.9 billion CFA francs ($93.5 million), supported by strong operations and tighter risk control.

Net banking income rose 9.7% year-on-year to 101.3 billion CFA francs, reflecting sustained commercial momentum. Customer deposits climbed 9.9% to 1.876 trillion CFA francs, compared with 1.707 trillion a year earlier, while loans to customers declined 3.2% to 1.203 trillion CFA francs.

The improvement confirms the bank’s recovery after a difficult 2024, when net profit fell to 47.9 billion CFA francs from 64.2 billion in 2023, a 25.4% drop, amid tighter margins and higher risk costs. For the first half of 2025, CBI posted a net profit of 33.75 billion CFA francs, up 0.66% year-on-year, with net banking income rising 8.8% to 65.1 billion CFA francs.

Over the first nine months of the year, the bank benefited from Burkina Faso’s economic rebound, with growth expected to reach 6% in 2025 compared with 5.1% in 2024, according to government forecasts. The outlook is supported by renewed public investment, stabilization in the mining sector, and expanding infrastructure projects.

CBI said it aims to maintain its positive trajectory in the final quarter, underpinned by measures adopted during its annual strategic retreat held in early October in Ouagadougou, which focused on innovation and resilience in a changing banking environment.

Bloomfield Investment Corporation reaffirmed the bank’s credit ratings at AA with a stable long-term outlook and A1 with a stable short-term outlook, citing strong governance and sound fundamentals.