The BCEAO analyzed bank liquidity in the UEMOA in its economic joint note. The bank notes that autonomous factors had a negative impact of 259.0 billion on banks' cash flow in March 2024

The BCEAO indicates in note that the incident is “the result of bank transfer transactions and cash withdrawals which had a downward effect of 377.6 billion and 228.0 billion respectively. For its part, the balance of bank transactions with the Treasury and other net factors partially offset this deterioration in bank liquidity by $346.6 billion.” During March 2024, the refinancing granted by the BCEAO to banks Uemoa increased by 85.3 billion CFA francs. As a result, bank liquidity deteriorated by 137.7 billion CFA francs from one month to the next