Cote d’Ivoire: Ecobank Ci Grows Q1 Revenue but Rising Risk Costs Weigh On Profit

Ecobank Côte d’Ivoire (BRVM: ECOC) started 2026 with net banking income growing 3.7% to 30.8 billion FCFA ($55.1 million), a solid top-line performance in a market where the bank is operating with deliberate caution on credit.

The income growth was driven entirely by interest margins, which jumped 12.7% as the bank earned more on its loan and securities portfolio. Fee income fell 17%, a drop the bank did not explain in detail but which likely reflects lower transactional volumes or a shift in the…