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CRRH-UEMOA: Activity report for the first half of 2019

08/11/2019
Source : Bulletins Officiels de la Cote | BRVM
Categories: Index/Markets

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The Net Banking Product as of June 30, 2019 was 1,268 million FCFA, compared to 790 million FCFA as of June 30, 2018, an increase of 61%, which is mainly explained by the growth in the level of refinancing on market resources and on concessional resources and the improvement of CRRH-UEMOA's investment income.

General expenses increased by 26% in connection with the growth in activity.

In total, the net result in the 1st half of 2019 amounted to 735 million FCFA, an increase of 108% compared to the result of 354 million FCFA in the 1st half of 2018.

The result expected at the end of 2019 is estimated at 1171 MFCFA, an increase of 16%.

The balance sheet total stood at 206.034 billion FCFA as of June 30, 2019 against 158.356 billion FCFA, representing a growth of 30% compared to June 30, 2018.

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