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Investment: commercial banks again capture 260 billion FCFA in liquidity from the BEAC

04/10/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Une fois encore, les CEMAC credit institutions (Cameroon, Congo, Gabon, Gabon, Gabon, Gabon, Gabon, Equatorial Guinea, Chad and CAR) have fully captured the liquidity offer made to commercial banks by the Bank of Central African States (BEAC) on October 1, 2024

.

The subscription rates during the operations of October 1, 2024 resulted in a subscription rate of only 105%, while the previous ones reached 400% and above. The demand of the banks that participated in the operation amounted to 273 billion FCFA, for an offer of 260 billion FCFA. According to the results published by the central bank, there is moderate enthusiasm among banks for this operation. This moderation in enthusiasm reflects a reduction in the financing needs of Cemac banks, after the dynamism observed around the provision of liquidity by the central bank since the resumption of its liquidity injection operations in June

2024.
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