FINANCIAL MARKET HEADLINES
| CÔTE D’IVOIRE | BOA CI | Net income down 8% in Q1 2022
In Q1 2022, the Net Banking Income of BOA CI stands at FCFA 10.6 Bn against FCFA 10.5 Bn a year earlier, i.e. an increase of 0.9%. Meanwhile, the bank's net income fell by 8.0% to FCFA 5.1 Bn.
ECONOMIC HEADLINES
| MOROCCO | OFFICIAL RESERVE ASSET | An increase of 8% y-o-y at the end of April 2022
At the end of April 2022, the Official Reserve Assets reached MAD 329.2 Bn. These recorded an increase of 8.3% year-on-year and 0.1% compared to the previous week.
| MOROCCO | GDP | CMC forecasts a growth rate of 1.8% in 2022
According to the latest forecasts of CMC (Centre Marocain de Conjoncture), the Moroccan economy would post a growth rate of 1.8% during the year 2022.
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