Bridge Bank $118M IPO Sells Out in 24 Hours

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 demand for the 67.5 billion FCFA offer, the bank’s financial performance, its 337.5 billion FCFA valuation and the dividend potential that attracted investors. We also explain what oversubscription means for share allocation, why the speed of the sellout does not guarantee gains after listing and which risks investors should monitor, including credit quality, valuation and market liquidity. The episode also looks at how Daba gives investors digital access to IPOs and why completing verification and funding an account before an offer opens can matter when shares sell out this quickly. Show Notes 00:00 — Bridge Bank IPO Sells Out in Less Than 24 Hours 01:32 — Inside the 67.5 Billion FCFA Public Offering 03:12 — Bridge Bank’s Growth and Financial Performance 05:07 — Is the 6,750 FCFA Offer Price Attractive? 07:24 — Dividends, Oversubscription and Share Allocation 09:35 — Risks, BRVM Listing and Access Through Daba Website: https://www.dabafinance.com/en YouTube: https://www.youtube.com/@DabaFinance TikTok: https://www.tiktok.com/@dabafinance Instagram: https://www.instagram.com/dabafinance Facebook: https://www.facebook.com/dabafinance