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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Central Depository/Bank of Settlement (DC/BR) of the West African Economic and Monetary Union (Uémoa) intends to strengthen its positioning and visibility in the regional financial market ecosystem.
Le DC/BR wants to allow all market players and the investor to know what the DC/BR has been doing on the financial market since 1998 and what it can contribute. Birahim Diouf, Director General of DC/BR, presented the institution at a press conference in Togo. He gave an overview of the projects currently being implemented in the active phase. The Central Depositary/Settlement Bank is based in Côte d'Ivoire and is responsible for the centralization of the custody and circulation of dematerialized securities. This community public service structure acts on behalf of both issuers and intermediaries alike. According to the CEO, “Central securities depository in the Uémoa stock market ensures the secure custody of financial securities. So it's a securities bank, it doesn't lend securities. It contributes to the stability of the regional financial market by facilitating the liquidation and compensation of stock market transactions
.”
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