Since 1987 :
The Fourth Generation
The development continues in the search for quality
In 1987-88 the General Management was entrusted to the new generation with Louis and Jean-Paul INCHAUSPE, sons of Michel INCHAUSPE.
The strategy remains the same but the tools have changed :
- the organisation of data has been entirely reviewed and all development is now assured internally,
- a new building has been built in Saint Jean-Pied-de-Port to house the administrative department as well as the central branch,
- the company name has been modified to become BANQUE MICHEL INCHAUSPE-BAMI and a new logo has been adopted,
- services have evolved and the range of products has grown.
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From 1987 to today, the development has accelerated :
- the volume of deposits has greatly increased passing from 65,55 million euros to 264 million euros at the end of 2002,
- arranged credit has multiplied by 5, increasing from 26,68 million euros to 160 million euros at the end of 2002,
-the net profit of the Bank has greatly developed reaching 3,9 million euros at the end of 2002.
This progress would not have been possible without the real "house spirit" shared by the 115 staff members of the Banque Michel INCHAUSPE.
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