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Ivory Coast : BICICI reports record profit, up 57%

Ivorian bank BICICI (BRVM: BICC) posted a net profit of 26.2B FCFA ($43.3M) in 2024, a 57% increase. Customer loans grew by 15.5% to $932.5M, while deposits reached $1.35B. Lower operating costs improved the cost-to-income ratio, strengthening the bank’s position in a fast-growing market.

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