2019 was characterised by:
- presidential elections in Senegal and Madagascar and the wait-and-see policy in the Democratic Republic of Congo.
- a security situation that remains challenging in Burkina Faso and Mali,
- the closure of borders with Nigeria impacting trade with Benin and Niger.
Despite these disruptions, and thanks to the special efforts of all banks of the Group, the Gross Operating Income posted by BOA GROUP confirms its commercial dynamic. However, given the exceptionally high risk level in two subsidiaries, net income Group share declined by 16.5% to almost 69 million euros.