Report
Boris AFRAN ...
  • Tessy BROU

NSIA FY23

At the end of the 2023 financial year, Nsia Banque Côte d’Ivoire achieved a
good performance:
✓ The total balance sheet expanded by 8.02% to reach XOF 2,037.06
billion, up from XOF 1,885.06 billion in 2022. This growth is primarily
the result from increased activity levels at the bank, particularly in terms
of resource mobilization. Additionally, the dynamic activity facilitated a
rise in direct customer financing and the funding of other assets within
its operations.
✓ Customer loans experienced a growth of 14.54%, reaching XOF
1,307.35 billion compared to XOF 1,141.36 billion in 2022.
✓ Performing loans amounted to XOF 1,298 billion, up from XOF 1,129
billion previously, attributed to a more pronounced involvement in
financing large companies.
✓ NPL decreased by 30% to XOF 9.0 billion from XOF 12.8 billion in 2022,
as a result of the implementation of robust recovery actions aimed at
ensuring credit risk management.
✓ Customer deposits increased by 16.02% to XOF 1,415.9 billion
compared to XOF 1,220.4 billion in 2022.
✓ The interbank liabilities fell by 18.69% to XOF 367.54 billion against
XOF 452.03 billion the prior year.
✓ Marketable securities decreased by 2.95% to XOF 433.85 billion
against XOF 447.04 billion in 2022.
Underlying
NSIA Banque Cote d Ivoire

Provider
Hudson & Cie
Hudson & Cie

Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.

Analysts
Boris AFRAN

Tessy BROU

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