{"id":459879,"date":"2018-05-07T12:26:22","date_gmt":"2018-05-07T11:26:22","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459879"},"modified":"2018-05-07T12:26:22","modified_gmt":"2018-05-07T11:26:22","slug":"boa-niger-posts-a-9-8-rise-in-first-quarter-earnings","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/05\/07\/boa-niger-posts-a-9-8-rise-in-first-quarter-earnings\/","title":{"rendered":"BOA Niger posts a 9.8% rise in first quarter earnings"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Nigerian subsidiary of the Moroccan banking group Bank of Africa (BOA), posted for the first quarter of 2018 an increase of 9.8% of its estimated profit to 2,239 billion FCFA (4,08 million dollars), against 2,039 billion FCFA ($ 3.71 million) as at March 31, 2017, an increase of 200.3 million CFA francs in absolute terms.<\/p>\n<p>Net banking income rose by 5.9% to CFAF 5,002 billion against CFAF 4,724 billion in the same period of 2017.<\/p>\n<p>Outstanding customer loans amounted to 177.169 billion CFA francs in the period under review, compared to 166.257 billion CFA francs a year earlier (plus 6.6%).<\/p>\n<p>For its part, outstanding customer resources rose 3.2% to 148.945 billion FCFA against 144.375 billion FCFA a year earlier.<\/p>\n<p>Finally, the pre-tax income of the bank rose sharply by 20.3% to CFAF 2.724 billion against CFAF 2.264 billion at March 31, 2017.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Nigerian subsidiary of the Moroccan banking group Bank of Africa (BOA), posted for the first quarter of 2018 an increase of 9.8% of its estimated profit to 2,239 billion FCFA (4,08 million dollars), against 2,039 billion FCFA ($ 3.71 million) as at March 31, 2017, an increase of 200.3 million CFA francs in absolute<\/p>\n","protected":false},"author":527297,"featured_media":459883,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_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_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}},"categories":[12000],"tags":[14856],"class_list":{"0":"post-459879","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"tag-boa-nige","9":"post_format-post-format-aside","10":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BOA Niger posts a 9.8% rise in first quarter earnings - 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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