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Agricultural financing in Mali: The BNDA announces a total balance sheet of approximately 1.055 billion USD for the year 2020

25/05/2021
Categories: Sectors

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The 140th session of the Board of Directors of the National Bank for Agricultural Development (BNDA), was held on May 19, 2021 in Bamako, Mali. On the occasion, the officials of the green bank announced a total balance sheet of approximately 1.055 billion USD for the year 2020.

The leader in the financing of the agricultural sector achieved a total balance sheet of approximately 568 billion CFA francs (1.055 billion USD) against a profit result of 8.2 billion CFA francs and increased its equity to approximately 72 billion CFA francs (133.8 million USD) (+9%) compared to fiscal year 2019.

“In 2020, the Bnda injected 213 billion Fcfa (390 million USD) in the financing of agriculture, including 6 billion Fcfa for peasant organizations, 190 billion (383 million USD) Fcfa for agro-industries and food suppliers. inputs. It financed small and medium-sized agricultural and industrial enterprises for 103 billion Fcfa (191 million USD) and individuals for 77 billion Fcfa (about 143 million USD) for their equipment and their habitat,” said Moussa Alassane Diallo, President of the BNDA Board of Directors.

With regard to net banking income, Moussa Alassane Diallo indicated that the Bnda has improved its financial performance by creating greater added value. Thus, in 2020, net banking income (NBP) increased from 40 billion FCFA to 44 billion FCFA (82 million USD), with a net result of 8.2 billion FCFA in 2020.

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