SHAREHOLDERS

BMCE Bank72.85%
FMO8.94%
PROPARCO3.73%
BIO2.03%
Autres12.45%

ACTIVITY REPORT

The 2018 fiscal year closed with earnings up 7% compared with the previous year, i.e. nearly EUR 133 million, confirming yet again the dynamism of the BANK OF AFRICA Group, as well as its capacity for continuous adaptation and the sagacity of its strategy. This strategy, set out in the 2016–2018 Three-Year Development Plan, was extended, fine-tuned and updated this year in a new plan, covering the period 2019–2021. However, given the highly diverse environment in which the BANK OF AFRICA Group operates, the proper implementation and the success of its strategy also hinge on its great capacity for adaptation.