{"id":459269,"date":"2018-04-11T15:49:08","date_gmt":"2018-04-11T14:49:08","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459269"},"modified":"2018-04-11T15:49:08","modified_gmt":"2018-04-11T14:49:08","slug":"congo-sino-congolese-bank-offers-35-billion-fcfa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/11\/congo-sino-congolese-bank-offers-35-billion-fcfa\/","title":{"rendered":"Congo: Sino-Congolese Bank offers 35 billion FCFA"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Launched in 2016, the headquarters of the Sino-Congolese Bank for Africa (BSCA) was inaugurated with great fanfare on April 10 in Brazzaville in the presence of Congolese President Denis Sassou N&#8217;Guesso. The last born of the local banking landscape, BSCA, which started its activities in mid-2015, is the symbol of the close relations between the Middle Kingdom and the Congo.<\/p>\n<p>Owned at 50% by the Agricultural Bank of China (ABC), the establishment aims to make Congo the basis of its influence in Africa. &#8220;This building is in line with BSCA Bank&#8217;s long-term development strategy. Indeed, today, this building houses the headquarters of the Bank for Congo, tomorrow it will house the headquarters of the Bank for the CEMAC zone, and the day after tomorrow for all Africa, &#8220;said Rigobert Roger Andely, the chairman of the board of directors.<\/p>\n<p>First profit and capital increase<\/p>\n<p>An ambition that is reflected in the results. In two fiscal years, BSCA welcomes a net profit of 1.7 billion FCFA at the end of 2017, or 2.7 million euros, while the business plan provided &#8220;the first profits for 2018&#8221;.<\/p>\n<p>In addition, in order to strengthen its capacity, the capital of CFAF 50 billion, or \u20ac 76.2 million, will increase by CFAF 20 billion (\u20ac 30.5 million) by the end of the year. year according to Roger Andely.<\/p>\n<p>Present in Brazzaville and Pointe Noire, the BSCA which wants to be a &#8220;commercial bank of proximity&#8221; intends moreover to accelerate its mesh of the national territory.<\/p>\n<p>In addition to the ABC Chinese Bank, the capital is divided between the Congolese State, 12%, the SNPC (national oil company of the Congo), 15%, a collective of private shareholders Congolese and French, 21.5%, and the Magminerals potash company, 1.5%.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Launched in 2016, the headquarters of the Sino-Congolese Bank for Africa (BSCA) was inaugurated with great fanfare on April 10 in Brazzaville in the presence of Congolese President Denis Sassou N&#8217;Guesso. The last born of the local banking landscape, BSCA, which started its activities in mid-2015, is the symbol of the close relations between the<\/p>\n","protected":false},"author":536501,"featured_media":459270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000],"tags":[12098,14705],"class_list":["post-459269","post","type-post","status-publish","format-aside","has-post-thumbnail","category-banks-insurance","tag-congo-en","tag-sino-congolese-bank","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Congo: Sino-Congolese Bank offers 35 billion FCFA - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/04\/11\/congo-sino-congolese-bank-offers-35-billion-fcfa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Congo: Sino-Congolese Bank offers 35 billion FCFA\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/04\/11\/congo-sino-congolese-bank-offers-35-billion-fcfa\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-11T14:49:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/04\/DaXzPyDW0AECVMd-627x418.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"627\" \/>\n\t<meta property=\"og:image:height\" content=\"418\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jean-Mermoz Konandi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jean-Mermoz Konandi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/\"},\"author\":{\"name\":\"Jean-Mermoz Konandi\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/f7e87efc1ab99d63f5a67e33445172c5\"},\"headline\":\"Congo: Sino-Congolese Bank offers 35 billion FCFA\",\"datePublished\":\"2018-04-11T14:49:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/DaXzPyDW0AECVMd-627x418.jpg\",\"keywords\":[\"Congo\",\"Sino-Congolese Bank\"],\"articleSection\":[\"Banks &amp; Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/\",\"name\":\"Congo: Sino-Congolese Bank offers 35 billion FCFA - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/11\\\/congo-sino-congolese-bank-offers-35-billion-fcfa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/DaXzPyDW0AECVMd-627x418.jpg\",\"datePublished\":\"2018-04-11T14:49:08+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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