With a 6% growth in revenue to CFAF 4 659 million (7.11 million euros) in the first half of 2018, Bank Of Africa Mali (BOA-Mali) maintained its upward trend.
The Bank has experienced the current trends in the sector, namely shrinking interest margin and strong competition. Hence the contraction of the order of 4% of the BNP of the Malian subsidiary of BMCE Bank Of Africa, from CFAF 15 billion at the end of June 2017 to 14, 4 billion FCFA at June 30, 2018. This downward trend is still more pronounced at the level of the gross operating result, contraction of 18% to 5,103 billion FCFA.
BOA Mali is the fourth Malian bank by the total balance sheet.
