The banking sector of Côte d’Ivoire finances the economy well. According to Guy Koizan, president of the Professional Association of Banks and Financial Institutions of Côte d’Ivoire (Apbef-ci), the sector has achieved a continuous growth of credit to the economy at 7056 billion Fcfa, or an average annual increase of 18%, in 2018. These loans went to households, to businesses, ie to economic agents in general.
Regarding banking, according to figures provided by the President of the Apbef-ci, during the traditional ceremony of « official return 2019 » of the association, the sector recorded a rate of banking of 19.07%, or an annual increase of 2%.
As for the number of bank staff at the same time, it was 8,699 while the sector had 27 banks, 2 financial institutions and 622 bank branches.