Interbank Burundi ten year business : Trend of the main components of its output.

Back to the series of assessments of Interbank Burundi during its first ten year business, started from November 2002, with, today, the trend of its profitability in the course of 1993 -2002 (in MF).

Let's recall that this decade has been commemorated on last January 31st while at the same time, the tenth branch of the Bank, Bujumbura Port Branch, was inaugurated after the 10th Ordinary General Meeting of Shareholders adopting the outputs of the fiscal year 2002.

Parallel to the trend of the marked shares of Interbank Burundi, its profitability and solvency have been strongly consolidated during the last ten years, with a very good take-off since 1997.
A take-off which was going to enable the Bank, three years later, to set beyond the symbolic threshold of a billion net result, to 1,329.8 M.

These outputs are maintained to more than a billion since the last consecutive years.

The intermediation margin is indeed the main component of the output with a interest margin of around 3 billion francs by end December, compared to 199.4 M after the first year of the Bank, but also commissions on operations and various incomes which at December 31st, 2000 have covered far beyond the operational fees (1,638,6 M), reaching 1,890.8 M.

This record which is absolutely appreciable for a bank whose operational charges are correlatively increased by the continuous extension of its distribution network.

The Shareholders 'Equity of the Bank have indeed increased from 380.5 M during the first year to 5,692.0 M ten years later, i.e. nearly 19 times the initial share capital.

IBB-Infos / 08 April 2003
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