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Microfinance in UEMOA: increase of FCFA 66.8 billion in outstanding deposits collected at the end of September 2024

11/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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La Banque Centrale des États de l' Afrique de l' Ouest (BCEAO) has renewed that the outstanding deposits collected by microfinance institutions at the end of the 3rd quarter of 2024 increased by 66.8 billion FCFA (or +2.8%) compared to the previous quarter. They settled at 2.459.6

billion FCFA.

Le nombre de systèmes financiers décentralisés (Sfd) dans l' Uemoa stood at 537 at the end of September 2024, after 539 in the previous quarter. The Union's microfinance institutions serve 19,070,625 customers through a network of 4,818 service points in the eight Member States of the Union. A year earlier, the number of beneficiaries was 17,686,163 for 4,500 service points according to the BCEAO. Year-on-year, an increase of 10.7% was noted. The quarterly increase in deposits is observed in almost all countries of the Union. In Senegal we note (+32.4 billion FCFA, +5.9%), in Côte d'Ivoire (+15.7 billion FCFA, +2.6%), in Togo (+8.5 billion FCFA, +2.1%), in Burkina (+5.2 billion FCFA, +5.9%), in Mali (+5.2 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion FCFA, +1.1%), in Mali (+3.3 billion Pissau (+364.0 thousand FCFA, +1.6%). However, a decrease was noted in Niger (-576.8 million FCFA, -2.1%

).
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