Alternatively, customers can walk into its office, initiate and complete a transaction. “Realizing that speed, security and convenience are important to potential clients, At SB Capital Ltd, we take this...Read More
This Cameroonian diamond export to the United Arab Emirates can be explained by the explosion, in recent years, of trade with Dubai. “Indeed, the main city of the United Arab...Read More
Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...Read More
The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures...Read More
According to the central bank of CEMAC states, this forecast test is a “quarterly document of a prospective nature, based on surveys carried out among business leaders, administrators and other...Read More
Abbas Mahamat Tolli praised the dynamics of the Congolese financial market, because in a few months of activity the public treasury was able to mobilize around 812 billion CFA francs....Read More
It was at the end of the ordinary session of the Ministerial Committee of the Central African Monetary Union (Umac), held on October 2, 2019, at the headquarters of the...Read More
The Minister took the opportunity to reveal to investors the budget financing program. He is counting on the feasibility of the project and especially the good health of the money...Read More
According to the BEAC, the positive effects linked to the rigorous monitoring of regulatory provisions relating to exchange are essentially. It conditions the increase in repatriations and retrocessions, and the...Read More
"The reserves were in the negative zone so it was necessary to urgently and drastically put in place rather monetary programs and austerity programs which led to cuts in wages,...Read More
Between September 2018 and 2020, the outstanding bank loans to the economy of the sub-region were down by 119 billion FCFA. They explain that most of their resources are sight...Read More
"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding...Read More
The mobilization of subscribers was remarkable, with more than 82.4% participation for banks, 7.7% for insurance companies, 5.6% for individuals, pension funds just over 1 , 9% of the total...Read More
"This favourable development reflects the rebound recorded from the third quarter of the year, demonstrating the resilience of the economies of the sub-region in the face of the COVID-19 pandemic",...Read More
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