Home West Africa Ivory Coast Cote d’Ivoire: NSIA Banque to Distribute $34m to Shareholders After Profit Growth

Cote d’Ivoire: NSIA Banque to Distribute $34m to Shareholders After Profit Growth

Cote d’Ivoire: NSIA Banque to Distribute m to Shareholders After Profit Growth

NSIA Banque Côte d’Ivoire (BRVM: NSBC) plans to distribute CFA19 billion ($33.5 million) in dividends for 2025 after reporting higher profit and continued balance-sheet growth.

The proposal will be submitted to shareholders at the bank’s annual general meeting on June 30. The gross dividend is set at CFA768.16 per share, equal to a net dividend of CFA675.98 after the 12% tax on investment income. Payment will be made within 45 days after approval.

The bank posted net profit of CFA40.71 billion in…

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