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Transactions: BICICI makes a record performance for 2020

08/02/2021
Categories: Economy/Forex Companies

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At the beginning of 2021, the International Bank for Commerce and Industry of Côte d'Ivoire (BICICI), a subsidiary of the French group BNP Paribas, posted record values and volumes of transactions.

The Covid-19 pandemic did not prevent BICICI from making good performances for 2020. Even though several investors sold shares on a day when his stock was down, this resulted in record trades

.


The securities of the financial structure have already been the subject of 2.1 billion FCFA in transactions since January 1, 2021. This performance was driven by a big day of trading on January 4, when 289,560 of its shares were traded on the Abidjan Regional Securities Exchange (BRVM) where the

company is listed.


This was the Bank's best monthly performance since 2017 and the fourth since 2010. Over the one-year period, the stock posted a capital gain of 11.2%. The Bank has maintained a virtually equal level of net banking income, despite Covid-19. Its net profit was 4.7 billion FCFA, up 569.7%

.
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