BGFI Bank has realised a net profit of 15.2 billion CFA francs at the end of the 2018 fiscal year, representing an increase of 87.5 percent compared to the previous fiscal year, a statement to APA on Tuesday revealed.
These figures were published after the General Meeting of shareholders of BGFIBank Gabon’s shareholders, held on Friday, May 17, 2019 at the head office of the bank in Libreville, under the chairmanship of Henri Claude Oyima, the chairof the Board of Directors, says the note.
At the end of the general meeting, it emerged that BGFI Bank Gabon realised a balance sheet total of 1,109,130,356,295 CFA francs, i.e. an increase of 2 percent; customer loans of CFA719,123,379,631; representing an increase of 7 percent; customer deposits of CFA914,188,960,322, up 5.6 percent; shareholder equity of CFA100,023,121,399 and net profit for the year of CFA15,233,980,690, an increase of 87.5 percent compared to the 2017 financial year.
Based on this, BGFI Bank Gabon claims to have “maintained its growth in 2018 with performances that allowed it to consolidate its financial strength and its positioning in its main markets.”
The general meeting decided to distribute a gross dividend per share of CFA1,900, representing a global amount of CFA10,242,894,300.
After the nomination of the directors, the General Assembly recorded the decision of the Central African Banking Commission (COBAC) with prior authorization for the increase of the bank’s capital.
MBG/ard/cat/fss/as/APA