On September 24, 2026, Bridge Bank Group Côte d'Ivoire (Bbgci) made its debut on the Bourse Régionale des Valeurs Mobilières (Brvm), a regional stock market. The bank successfully raised 67.5 billion Fcfa, with 10 million shares introduced and an oversubscribed offer of 142%. This marks a significant milestone for the bank and the regional financial market. The listing ceremony was attended by key officials, including the Director-General of Brvm, Dr. Edoh Kossi Amenounve.

The Director-General of Brvm, Dr. Edoh Kossi Amenounve, expressed his satisfaction with the listing, citing it as a testament to the dynamism of the regional financial market. He noted that the succession of listings in recent years demonstrates the attractiveness of the regional financial hub and the confidence expressed by investors. The listing brings the total number of companies listed on the Brvm to 48.

Ehouman Kassi, Director-General of Bbgci, emphasized the importance of this new relationship with the market. He made commitments to transparency, discipline in management, sustainable performance, and dialogue with investors. Kassi stressed that the confidence of the market is never acquired and must be built over time. The bank's admission to the market is seen as a significant step in its growth and development.

Myriam Ouattara, Director-General of Bridge Securities, praised the mobilization of investors and the work of the teams that accompanied the operation. She highlighted the responsibility of the arranger and the registrar in ensuring the quality of financial information communicated to shareholders and respecting their rights. The successful listing demonstrates the capabilities of Bridge Securities in facilitating complex financial transactions.

The listing was made possible through the efforts of Bridge Securities, which acted as the lead arranger for the transaction. The offer was fully subscribed in less than 24 hours, demonstrating strong investor interest in the bank's shares. The shares were listed on the main market compartment at a reference price of 6,750 Fcfa per share.

Kossi Tenou, President of the Autorité des Marchés Financiers de l'Union Economique et Monétaire Ouest-Africaine (Amf-Umoa), encouraged the bank's directors to maintain their commitments and uphold the high standards required for the credibility of the regional financial market. The successful listing is seen as a positive development for the regional economy.

The Brvm is a key player in the regional financial market, providing a platform for companies to raise capital and for investors to participate in the growth of the regional economy. The listing of Bridge Bank Group Côte d'Ivoire is a significant milestone for the Brvm, demonstrating its continued attractiveness to investors and companies alike.

Key points

  • The bank's successful listing on the Brvm marks a significant milestone in its growth and development.
  • The listing demonstrates the attractiveness of the regional financial hub and the confidence expressed by investors.
  • The bank's admission to the market is seen as a significant step in its growth and development, with commitments to transparency, discipline in management, sustainable performance, and dialogue with investors.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.