2024-05-08 09:00:09
Ecobank Benin held its 2024 annual general meeting on Thursday April 18, 2024 at the NOVOTEL ORISHA hotel in Cotonou. This AGM, which brought together the shareholders or their agents under the leadership of the Board of Directors of the Bank and its President Evariste Bonou, was an opportunity to rule on the accounts closed as of December 31, 2023 of the bank, to adopt several resolutions and define a series of perspectives.
The Benin economist
Net banking income up 17%; a net banking result up 24% in 2023. This is proof of the dynamism of Ecobank Benin which ended the financial year on a good note with positive results achieved for the benefit of shareholders.
As for market shares, Ecobank Benin also presented satisfactory results. We note a slight increase in customer loans, a clear improvement in the quality of the credit portfolio. Overall, the bank has maintained its position in the Beninese banking sector by strengthening it. In presenting these results, Evariste Bonou, Chairman of the Board of Directors, made a point of saluting the commitment of the staff before reassuring shareholders about the prospects for 2024. “We promise to do even better in 2025. We will give the best of ourselves to be able to work and exceed the results of the 2023 financial year”. It is visibly a feeling of satisfaction, also shared by the shareholders who as a whole praised the performance and progress of the bank in 2023. Notary, present on behalf of an estate, Me Francisca Koussouhon particularly awarded a real satisfies the Board of Directors and General Management. “This general assembly is a success, taking into account the reports that have been given. It’s not easy, but it’s a good job,” said a grateful Francisca Koussouhon: “I renew my congratulations to the Board of Directors.” Following him, the auditors representing the accounting firms AFRICA TRUSTEE and DELOITTE have certified the accounts in the following terms: “In our opinion, the annual financial statements are regular and sincere and give a faithful image of the results of the operations of the past financial year, as well as of the situation and assets of the bank at the end of this financial year in accordance with the accounting rules and methods published by the revised banking accounting plan of the West African Monetary Union”, assured José LOUGBEGNON, in his capacity as auditor.
In addition to banking activity, Ecobank Benin accomplished several other tasks during the past financial year. In presenting the human report, the Chairman of the Board of Directors placed emphasis on strengthening the workforce and training staff with a view to strengthening the bank’s human capital, several initiatives to develop and retain employees. The same is true for the benefit of customers through strengthening the customer journey and strengthening the quality of service.
Perspectives
By strengthening its position in the Beninese banking market thanks to its recent successes, Ecobank Benin will continue to diversify its sources of financing to increase its resilience to liquidity tensions and protect its interests. The bank will commit to complying with internal and regulatory standards while improving the quality of customer service through continuous training of its staff, thus aiming to expand its market share.
The Chairman of the Board of Directors, Evariste Bonou, emphasizes the importance of these measures to overcome the challenges and offer a first-class service in a fairly competitive environment.
Q. A.
mai 8, 2024
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