The West African Bridge Bank Group Côte d’Ivoire is launching its listing on the Regional Securities Exchange (BRVM), an operation which aims to mobilise 67.5 billion FCFA through the sale of 20% of the institution’s capital.
The BBGCI is officially announcing this in Dakar, Senegal on said the operation will involve the sale of 20% of the capital of the institution. It is equivalent to 10 million shares.
The share price is set at 6,750 FCFA. This public sales offer (OPV) aims to mobilise a total amount of 67.5 billion FCFA.
The official subscription period will open on July 20 and close on August 6, 2026. The operation has received official approval from the Financial Markets Authority of the West African Monetary Union
(AMF-UMOA).
The funds raised will be used to finance the bank’s 2026-2030 strategic plan. Bridge Bank wants to accelerate its regional expansion. Present in Ivory Coast and Senegal, it has just received approval to open a branch in Burkina Faso. Implementation projects in Guinea are planned for 2027.
The resources will also strengthen technological transformation. The bank successfully completed the migration of its central IT system in March 2025. It also wishes to increase its financing for small and medium-sized enterprises (SMEs).
“The resources mobilised through this operation will strengthen our capacities and equity, in order to support our expansion, accelerate our technological and digital transformation, develop our corporate financing capacity, and seize the growth opportunities available to us,” explained Ehouman Kassi Managing Director of Bridge Bank Group Côte d’Ivoire.
In 2025, Bridge Bank achieved net banking income of 68 billion FCFA, an increase of 15%. Its net profit stands at 27.2 billion FCFA, showing an increase of 19% over one year. Return on equity (ROE) hits a record high of 28.5%. Its balance sheet total now peaks at 1,427 billion FCFA.
The group retains its position as majority shareholder following the IPO.
He will hold 52.7% of the shares. The National Social Security Fund of Côte d’Ivoire (CNPS) also remains a key partner with 20% of the capital.
Bridge Bank focuses on an agile niche banking model. It focuses on SMEs, large companies and Trade Finance. The institution employs 391 employees. Its management team displays perfect parity with 50% women on its management committee.
The first listing of the bank’s securities on the BRVM is expected at the beginning of September 2026.
ARD/Sf/fss/as/APA