AFRICAN STOCKS AND FINANCEJune 16, 2024 at 9:38 PM UTC
TLDR
- Bank of Africa Benin reported a 17.13% decrease in net profit for Q1 2024, down to 4.84 billion FCFA.
- Net banking income decreased by 4.05% to 10.9 billion FCFA due to higher refinancing costs and interest delays.
- Customer receivables grew by 8.4% to 407.2 billion FCFA, and customer deposits increased by 2.2% to 679.7 billion FCFA.
