BRVM rises 0.49% as Ecobank CI posts an 8.6% drop in first-half net profit

The BRVM Composite rose 0.49% to 555.48 points on September 11, while the BRVM-30 added 0.5% to 269.06 points and the financial services index gained 0.66% to 259.68 points. Ecobank Côte d'Ivoire reported an 8.6% drop in net profit at end-June 2026, hit by a sharp increase in cost of risk, according to Agence Ecofin. At the same time, the bank posted what Sika Finance described as resilient first-half 2026 growth, with total assets exceeding 2,000 billion CFA francs. On the corporate front, Ecobank appointed Nvalaye Kourouma to lead Consumer & Commercial Banking for Côte d'Ivoire and UEMOA, according to Agence Ecofin, while Financial Afrik reported that Ecobank Benin was named UEMOA's best Treasury Securities Specialist for 2024.