Friday , March 31 2023

Bank of Africa sangal reports CFF's profit at 30 June 2018


The Bank of Africa Senegal starts its strategic development by retaining its position in the Senegal market. Total loans of banks increased by 2.5% on interbank loans. Unlike the job, the total funds have come down to 100 basis points. However, Bank of Senegal retains its market share, 6.2 per cent for jobs and 8.1 per cent for Resources.

Net banking revenues declined by 2 per cent due to high interest rates. Banking network expansion is estimated to be 40.8% in the first half of 2017 (from 17 to 2017 to 2018). Structural costs (direct costs, direct costs, and repairs).

Total operating income declined 27.1% However, the bank still has a profit of 23.4% of net profit.
Net margin ratio, Net Ratio of Net Banking revenue to 31.9% by the end of June 2018 compares up 6.6% to 25.8%. A year ago.

On the other hand, Bank of Africa Senegal keeps 31.9% GNP, in view of the risk in the risk of recording an improved improvement resulting from the bank's recovery efforts.

Ado Fei Lejos

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