The Regional Stock Exchange (BRVM) celebrated on Wednesday, April 8, 2026, the listing of two new Securitization Funds (FCTCs). The securities “FCTC KEUR SAMBA NSIA BANK CI 7.00% 2025-2030” and “FCTC KEUR SAMBA ORABANK CI 7.00% 2025-2030” officially entered the bond market. Carried respectively by NSIA Bank Côte d’Ivoire and Orabank Côte d’Ivoire under the supervision of the AMF-UMOA, these operations were fully subscribed by investors.
In his speech, the Director General of the BRVM, Dr. Edoh Kossi Amenounve, emphasized that this dual listing is a strategic lever for financing small and medium-sized enterprises (SMEs) within the UEMOA. By using securitization, banking institutions are able to optimize their balance sheets while mobilizing long-term resources. This approach is part of a desire to diversify the financing mechanisms necessary for the growth of Union economies.
Since the introduction of this mechanism in 2016, the regional market has recorded a total of 26 issuances, raising over 1,168 billion CFA francs. With the integration of these two new lines, the BRVM now has 15 FCTCs listed on its official list. These figures reflect the growing importance of this financial instrument and the increasing attractiveness of the regional financial market to economic actors.
The BRVM reaffirmed its commitment to supporting the development of the UEMOA through the deployment of innovative instruments such as thematic bonds, ETFs, and the future derivatives market. On this occasion, a call was made to financial institutions, companies, and public actors to intensify the use of securitization. The goal is to take advantage of investor mobilization to meet real financing opportunities in the community space.
