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Banking sector: a negative impact noted on the cash flow of banks in UEMOA in June 2024

26/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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La Bceao a annoncé que les facteurs autonomes ont exercé en juin 2024, une incidence négative de 144.2 billion on bank cash.

La Bceao announced that the balance of ticket payments at bank counters as well as that of Bank transfers came out negative at -138.1 billion and -70.1 billion respectively. The bank a indiqué que le refinancement accordé à la Bceao to banks increased Uemoa by 84.1 billion. As a result, bank liquidity fell by 60.1 billion from month to month. The positive balance of €64.0 billion in bank transactions with governments and other net factors helped mitigate the negative impact of the other two factors. An examination of the constitution of reserve requirements by banks during the period from 16 June 2024 to 15 July 2024 reveals a surplus compared to the level of required reserves.

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