The Development Bank of the Eight Member States of the WAEMU (BOAD) posted a profit of CFAF 30.82 billion (47.26 million euros) at the end of the 2021 financial year.
« The financial situation of the institution remains healthy and is notably marked by a balanced financial structure. by a balanced financial structure. At the end of December 2021, equity represented about 28.0% of the balance sheet total and the ratio of outstanding loans to equity (debt ratio) stood at about 233.1%, for a statutory standard of 300%, » explains the WADB.
