The Bank Of Africa (BOA) Burkina Faso, a subsidiary of the Moroccan banking group BMCE Bank, and listed on the BRVM saw its profit fall by a few million FCFA. Compared to the previous year, this decrease was 903.448 million FCFA

BOA Burkina's after-tax profit fell by 903.448 million FCFA at the end of fiscal year 2020 compared to the previous year. It stood at 17.607 billion FCFA compared to 18.511 billion FCFA, a decrease of 4.88%.
The total balance sheet of this banking institution based in Ouagadougou increased by 13.94% to 988.180 billion FCFA compared to 867.213 billion FCFA in

The resources collected by the bank from its customers amounted to 761.160 billion FCFA compared to 624.663 billion FCFA in 2019, representing an increase of 136.497 billion FCFA. While loans granted to this same clientele increased by 26.551 billion francs, reaching 554.270 billion FCFA compared to 527.719 billion FCFA in 2019.
As for the bank's interests and similar products, they increased from 48.895 billion FCFA at 31 December 2019 to 53.391 billion FCFA at 31 December 2020

Also, BOA Burkina Faso's net banking income increased by 10.85%, from 42.707 billion FCFA at 31 December 2019 to 47.367 billion FCFA during the period under review.