The global and local environment was highlighted by a slight improvement in economic activity in 2013. In a highly competitive environment featuring 11 banks in Djibouti, the Bank’s strategy began to produce good results, and its resources expanded by 4.82% (DJF 2,768 million), from DJF 57,399 million at end-2012 to DJF 60,167 at end-2013.
...Activity reports
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Activity Report BOA-Mer Rouge 2013 -
Activity report BOA-MER ROUGE 20122012 was the BANK OF AFRICA Group’s second full year in Djibouti.
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In a severely disrupted international economic environment, which led to a new decline in USD benchmark interest rates, the Djibouti economy held up rather well, with estimates in the government’s revised budget of 4.8% GDP growth and 4.3% inflation in 2012. -
Activity report BOA-MER ROUGE 2011For its first year of existence in Djibouti, BANK OF AFRICA – MER ROUGE (BOA-MER ROUGE) rose to the challenge of taking over from a bank with more than a hundred years of history and garnering the loyalty of its teams and customers.
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Activity report BOA-MER ROUGE 2010Bank of Africa - Mer Rouge
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