In 2013, the Senegalese economy was hit by
the fallout from an especially unfavourable
international economic environment, including
the energy, food and financial crises and, lastly the
Euro zone debt crisis. This led to severe weakness
in economic activity in the first nine months of
the year. In addition, the Senegalese government’s
“hunt for ill-gotten gains” triggered a crisis of
confidence between economic actors. Even so,
the economy’s fundamentals held up well, despite
a 4.6% year-on-year contraction in economic
activity.
Activity reports
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Activity report BOA-Senegal 2013 -
Activity report BOA-SENEGAL 20122012 will go down as a busy political year characterised by a successful change in government. During the year, despite a lacklustre economy, BANK OF AFRICA – SÉNÉGAL (BOA-SÉNÉGAL) continued to expand its activities and enhanced its productivity considerably
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Activity report BOA-SENEGAL 2011During 2011, BANK OF AFRICA – SÉNÉGAL (BOA-SÉNÉGAL) conducted its business in a tumultuous international environment, while Senegal suffered a slight dip in growth, due to a poor showing by the primary and secondary sectors of the economy.
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Activity report BOA-SENEGAL 2010In 2010, BANK OF AFRICA-SÉNÉGAL (BOA-SÉNÉGAL)
conducted its activity in a relatively favourable
economic environment, highlighted by an upturn in
growth. During this period, the market was once
again active, with healthy, but sometimes
excessive, competition in banking conditions, as well
as a broadening in the banking landscape.
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Activity report BOA-SENEGAL 2009Our activity in 2009 was conducted in an
unfavourable international context and against the
backdrop of a disquieting slowdown in economic
performance in Senegal, related to shortfalls in the
secondary sector and sluggish growth in the primary
and tertiary sectors.
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Activity report BOA Senegal 2008
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Activity report BOA-SENEGAL 2007
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Activity report BOA-SENEGAL 2006
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Activity report BOA-SENEGAL 2005