Ivory Coast's SIB bank net profit up 15 pct in 2016

Fri Apr 21, 2017 11:41am GMT

ABIDJAN (Reuters) - Ivory Coast's Societe Ivoirienne de Banque (SIB) posted a net profit of 17.09 billion CFA francs ($28.12 million) for 2016, up 15 percent from the previous year, the bank said in a statement.

Net banking income for SIB, controlled by Morocco's Attijariwafa Bank and listed on the West African bourse last year, rose 16 percent to 50.73 billion CFA francs.

($1 = 607.7200 CFA francs)

(Reporting by Loucoumane Coulibaly; Writing by Nellie Peyton; Editing by Joe Bavier and Dale Hudson)

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