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beac

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Sub Regional Growth Consolidated despite Economic shocks

December 25, 2024By
The Central Bank is counting on a consolidation of growth in the Economic and Monetary Community of Central Africa (CEMAC) to 2.7% in 2024 against 2% in 2023. At the sub-regional...
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BEAC increases Liquidity for Banks in the CEMAC zone

December 20, 2024By
Faced with renewed interest from commercial banks in refinancing operations, the Bank of Central African States (BEAC) increased its liquidity offer to 220 billion FCFA on December 17, 2024. This...
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Abbas Mahamat Tolli submits Candidacy for African Development Bank Presidency

December 16, 2024By
Chad officially submitted the candidacy of Abbas Mahamat Tolli for the presidency of the African Development Bank (AfDB), during a ceremony in Abidjan, on December 13, 2024. With his experience...
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Equity Compartment of Central African Stock Exchange records 30% increase in 2023

November 1, 2024By
The information contained in the 2023 activity report of the Central African Stock Exchange highlights the essential role played by the Cameroonian Regional Bank. According to the Bvmac activity report,...
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BEAC Injects coins into the Economy

October 4, 2024By
The Douala Agency of the Bank of Central African States BEAC the economic capital of Cameroon is launching an operation to exchange banknotes for coins. This operation mainly concerns pharmacies, supermarkets,...
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BEAC Anticipates Accelerated Economic Growth in 2024

September 28, 2024By
During its meeting on September 23 in Yaoundé, the Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) shared optimistic economic forecasts for 2024, predicting a growth...
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Subscriptions at CEMAC Securities market decline

September 4, 2024By
The eleventh session of the Permanent Consultation Framework (CPC) of the Public Treasuries with the Treasury Securities Specialists (SVT), opened on September 3 in Brazzaville, is devoted to the challenges...
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Congo huge Debt worrisome for the World Bank

August 16, 2024By
With a public debt rate estimated at 96% of the Gross Domestic Product (GDP), Congo is still classified as over-indebted by the World Bank (WB). Getting out of over-indebtedness would...
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Banks in the CEMAC zone demand increased liquidity

August 6, 2024By
The recent liquidity offer reveals a significant gap between the amount provided (120 billion CFA francs) and the demand (511 billion CFA francs) expressed by the banks of  the Economic and...
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COBAC stops Cameroon transfer of ”Sleeping Funds” to Deposit and Consignment Fund CDEC

July 15, 2024By
Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA...
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Navigating the Franc CFA: Balancing Stability and Reform in Central Africa

July 3, 2024By
Central Africa’s economy treads a delicate path, balancing monetary stability, historical ties, and aspirations for autonomy. At the heart of this discourse lies the Franc CFA, a common currency across...
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Commercial banks in the CEMAC zone in search for liquidity despite 90 Billion FCFA offer from BEAC

July 1, 2024By
The financing need of these banks is increasingly expressed, to the point where the liquidity offer of 90 billion FCFA issued by the Beac on June 25, 2024; could not...
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BEAC Advocates for the rehabilitation of SONARA

June 28, 2024By
It is a distress call that Yvon Sana Bangui, the governor of Beac, launched on June 24, 2024, reminding the Cameroonian authorities of the need for rapid rehabilitation of Sonara...
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BEAC Foreign Exhange reserves stall at 7.2 Trillion FCFA

June 25, 2024By
The volume of foreign exchange reserves of the Bank of Central African States (BEAC) represents an external coverage of the currency of 78.4%, or 4.79 in months of imports of...
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