Bank: Why BNI is shedding a highly profitable BICICI

Author: Samuel KADIOPublished on: July 15, 2026Country: Côte d'Ivoire

Business & Economy

Bank: Why BNI is shedding a highly profitable BICICI

The National Investment Bank (BNI) of Côte d'Ivoire is selling its 21.09% stake in BICICI to Brandon & Mcain Capital, the holding company of businessman Ahmed Cissé. The sale comes despite BICICI's record profits, with net income up 39% in 2025 and 30% in Q1 2026. BNI says it will reinvest the proceeds into infrastructure, agriculture, SMEs, and mining. The transaction amount has not been disclosed.

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