The Regional Securities Exchange (BRVM) admitted a Common Debt Securitization Fund (FCTC) called “FCTC NSIA BANQUE 7% 2020-2025” to its bond market for the first time, this Friday, September 18, 2020.

In 2010, as part of the major reforms of the UEMOA Regional Financial Market, the Regional Council for Public Savings and Financial Markets (CREPMF) had the Council of Ministers adopt the texts relating to the creation of the mortgage market and securitization.

The listing of an FCTC to the BRVM for the first time today is therefore the culmination of this major reform. The “FCTC NSIA BANQUE 7% 2020-2025” Credit Securitization Common Fund has made it possible to mobilize 40 billion FCFA with the International Finance Corporation (SFI/IFC) as the reference investor.

During this ceremony, the Director General of the BRVM, Dr. Edoh Kossi AMENOUNVE, welcomed the pioneering role of the NSIA Group and paid a heartfelt tribute to its President, Mr. Jean Kacou DIAGOU. “How not to seize the opportunity of this ceremony to salute your leadership and your commitment to make the NSIA Group a major player in the development of the UEMOA Regional Financial Market and in the popularization of stock market culture through its remarkable presence in several market segments? ”, he asked himself.

Then, he expressed the hope that the other national champions of our Union could follow this example and embrace all segments of the financial system to make it more dynamic for better financing of economies for the benefit of the populations. Dr. AMENOUNVE also welcomed the action of the International Finance Corporation (SFI/IFC), the leading investor in this operation, for its structural role in the development of the Regional Financial Market and congratulated all stakeholders for the success of the operation.

At the end of the ceremony, Mr. Jean Kacou DIAGOU, President of the NSIA Group, said how proud his Group was to be the first bank to list an FCTC on the BRVM. He welcomed the confidence of investors, particularly the IFC, and promised that the NSIA Group would return to the market for other operations in order to strengthen its contribution to the development of Côte d'Ivoire and the sub-region