Côte d'Ivoire’s Société Ivoirienne de Banque proves an established financial firm can reinvent itself by broadening its focus. Once specialising in corporate financing, SIB is now one of the country’s four leading universal banks. CEO Mohamed El Ghazi outlines the bank’s goal of being the “reference relational bank in retail banking”.
The best banking institutions in retail, commercial, private and investment banking are highlighted, along with two outstanding CEOs from their regions.
The prospects of West African companies are reflected in rising share prices on the NGX, where the main board index was up nearly 20%, and the BRVM, whose main index rose nearly 50%.