The New Bank of Mauritania (NBM) was put into judicial liquidation in August 2023 following a series of cash failures and setbacks and the arrest of its CEO, Abdel Baghi Ould Ahmed Bouha. It knew its fate with the conclusions of the judge in charge of its liquidation, which is its withdrawal from the Mauritanian banking landscape

The Central Bank of Mauritania, after the declaration of bankruptcy of the NBM, created in 2014, had undertaken, under the magisterium of the current governor, the liquidation procedure and assured the real depositors that they would be reimbursed in full. The assumption of this liquidation of NBM by the BCM cushioned its perverse effects on the national financial system. In reality, claims due to customers were estimated at just over two billion MRU in deposits out of the 3 billion estimated during an initial assessment of the debts accumulated by