Burkina Commercial Bank increases its capital to CFAF 25 billion
According to African Business+ sources, the institution, owned in equal parts by Burkina and Libya, is working to mobilise CFA 8 billion as part of a capital increase to reach CFA 25 billion.
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▪ Burkina Commercial Bank increases its capital to CFAF 25 billion
▪ According to African Business+ sources, the institution, owned in equal parts by Burkina and Libya, is working to mobilise CFA 8 billion as part of a capital increase to reach CFA 25 billion.
▪ https://www.africabusinessplus.com/en/811142/burkina-commercial-bank-increases-its-capital-to-cfaf-25-billion/
The move comes when the bank, which has been on life support for some time, is showing positive indicators.
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