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Housing finance in UEMOA: the 2023-2027 strategic plan of the CRRH-UEMOA approved by its administrators

21/07/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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La Caisse Régionale de ReHypothécaire de l'UEMOA (CRRH-UEMOA) held its Board of Directors on Wednesday, July 20, 2023. At the end of the activities, its administrators approved its 2023-2027 strategic plan

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The objective of CRRH-UEMOA's new five-year plan is to increase the impact of CRRH-UEMOA in terms of housing acquisition financing by tripling activity in 5 years. To achieve this objective, the Fund will improve its operating method and the quality of its services, control the risk so as not to compromise its financial rating, and expand its activities. To this end, three areas of intervention will be implemented. This will involve refinancing with new methods of origination, securitization, allowing banks to lighten their balance sheets, then guarantee, which is a complementary solution that will eventually eliminate mortgage applications.

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