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BOA Burkina Faso (Burkina Faso)

Main Activities: Commercial Banking
Full name: Bank of Africa Burkina Faso Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Bank of Africa Burkina Faso, located in Ouagadougou, is a Burkinabè banking establishment created on October 12, 1997. It belongs to the BOA Group, which is present in 18 African countries. Despite intense competition in the banking sector, Bank of Africa Burkina Faso has become one of the major players in the Burkinabè banking sector, with a total balance sheet of 1,163,300 billion CFA francs. It is the second largest bank in Burkina Faso. The bank has a diversified clientele and offers a range of products and services in the retail, corporate, and financial markets. As of December 31, 2022, it has a total customer deposit of more than CFAF 875,499 million and employs 566 people. The bank operates through a network of 52 branches, including 24 and 1 Business Center in Ouagadougou and 23 and 1 Center in business in the regions. Bank of Africa Burkina Faso is part of the Bank of Africa network.

Headquarters
770, Avenue Du President Aboubacar Sangoule Lamizana, 01 Bp
Ouagadougou; Ouagadougou; Postal Code: 1319

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Website: http://www.boaburkinafaso.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairman
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Chief Executive Officer
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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Subsidiaries
AISSA
16.67%
SOFIGIB
15.81%
Agora (Ivory Coast)
5%
Company Performance
Financial values in the chart are available after BOA Burkina Faso report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency XOF. Absolute financial data is included in the purchased report.
Net interest income
1.66%
Operating profit (EBIT)
16.82%
Net Profit (Loss) for the Period
14.07%
Total assets
-5.59%
Total equity
13.16%
Total Assets Trend
N/A
Net Interest Income Trend
-9.96%

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