Launching Ceremony via VIDEOCONFERENCE: XXXXXXXXXXXXXX

Advantages of the Operation

EBID contributes to the economic development of West Africa by financing public and private projects in a number of areas (transport, energy, telecommunications, industry, poverty reduction, the environment, etc.).
The Bank has an adequate level of capital in relation to its risk-weighted assets. It has a good capital structure.
The net interest margin is positive and improving for the 2023 financial year. The margin level takes into account the bank's mission as a development bank with profitable projects but at subsidised rates.
A controlled level of past-due receivables, due to improved credit and collection procedures (the net deterioration rate is less than 3% at 31/12/2023).
The restrictive measures taken as part of the Covid-19 pandemic, at both global and national level, are having a severe impact on the economies of the Member States. After almost two decades of resilient and robust growth performance, the region experienced its first recession in 2020.
The funds raised will be used to support the financing of WAEMU's recovery, in addition to an injection of CFAF 70 billion into both the private and public sectors.
This will be the first green and social bond to be floated in the WAEMU zone and will contribute to the dynamic diversification of financial instruments on the regional financial market.
The funds will be invested in projects in line with the 5 Sustainable Development Goals
A multidisciplinary management team with proven experience in development finance
The Bank has a solid shareholder structure made up of the 15 ECOWAS states.
The strengthening of the shareholder structure with the capital increase reserved for non-regional investors
The unlikely default of ECOWAS countries, which are EBID shareholders, reinforces EBID's position as a development bank with a quasi-sovereign risk.
A multidisciplinary management team with proven experience in development finance.
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