Jul 22, 2026 · 11 min · 11 segments
Bridge Bank Group Côte d’Ivoire’s IPO sold out in less than 24 hours, despite being scheduled to remain open for more than 2 weeks. In this midweek edition of Daba Markets Talk, we examine what drove…
Bridge Bank Group Côte d'Ivoire's majority shareholder, Bridge Group West Africa, offered ten million existing shares at a fixed price of six thousand and hundred and fifty FCFA each.
At that price, the total offer was worth sixty-seven point five billion FCFA, or about a hundred and eighteen million dollars.
The offer valued the entire bank at three hundred and thirty-seven point five billion FCFA.
Based on its fifty million shares outstanding, the shares are expected to list on the BRVM, the regional stock exchange serving the eight member states of the West African Economic and Monetary Union.
The transaction gives public investors access to a bank that has spent several years expanding its balance sheet, earnings, and customer activity.
It serves large companies, small and medium-sized enterprises, public institutions, financial institutions, and individual customers.
The bank has built a strong position in corporate banking and SME financing, which gives it exposure to business growth in Côte d'Ivoire and the wider region.
Bridge Bank Group Côte d'Ivoire's majority shareholder, Bridge Group West Africa, offered ten million existing shares at a fixed price of six thousand and hundred and fifty FCFA each.
At that price, the total offer was worth sixty-seven point five billion FCFA, or about a hundred and eighteen million dollars.
The offer valued the entire bank at three hundred and thirty-seven point five billion FCFA.
Based on its fifty million shares outstanding, the shares are expected to list on the BRVM, the regional stock exchange serving the eight member states of the West African Economic and Monetary Union.
The transaction gives public investors access to a bank that has spent several years expanding its balance sheet, earnings, and customer activity.
It serves large companies, small and medium-sized enterprises, public institutions, financial institutions, and individual customers.
The bank has built a strong position in corporate banking and SME financing, which gives it exposure to business growth in Côte d'Ivoire and the wider region.
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