Home West Africa Ivory Coast Cote d’Ivoire: Socgen Cote d’Ivoire Profit Holds Flat On Higher Credit Costs

Cote d’Ivoire: Socgen Cote d’Ivoire Profit Holds Flat On Higher Credit Costs

Cote d’Ivoire: Socgen Cote d’Ivoire Profit Holds Flat On Higher Credit Costs

Societe Generale Cote d’Ivoire (BRVM: SOGB) held net profit virtually unchanged in 2025, delivering XOF 101.4 billion ($181 million) against XOF 101.2 billion ($180.7 million) the year before — a flat outcome that tells two stories at once: the bank’s revenue engine is working, but credit risk is becoming more expensive to manage.

Revenue grew. Net banking income — the top-line measure for banks — rose nearly 5% to XOF 276 billion ($492.7 million), driven by interest income and a recovery in…

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