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Espace Uemoa: The digitization of financial operations is a concern Ad-Mbf

27/07/2019
Source : Fraternite Matin
Categories: General Information

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Members of the Association of Graduates in Masters in Banking and Finance (Ad-Mbf) of the African Center
of higher studies in management (Cesag) in Dakar, Senegal, met recently around a
lunch, at the Pullman hotel, at the Plateau, in Abidjan.
Many of them responded to the association's call. Who invited them to exchange around this
theme: "The digitization of financial operations, what opportunities in the Uemoa space?" »
During this meeting, Collecte Kouadio from Standard Chatered Bank presented the advantages that
the digitization of financial operations can offer banks and the Economic and Monetary Union
West African (UEMOA), a vast market of eight countries estimated at 120 million inhabitants. According to this
lastly, it makes it possible to broaden the range of products of banking and financial establishments, to implement
place much more effective means of communication.
This process allows, according to Collecte Kouadio, to have a database capable of providing
services adapted to users. “Banks must not remain on the sidelines of digitalization. She is
a real factor of competitiveness”, she insists. A position shared by Daouda Kamagaté,
representing the Secretary of State to the Prime Minister, in charge of the Budget and the State Portfolio: "
Digitization is irreversible for any organization that wants to be modern”.
By organizing this meeting, the president of the Association of Master's graduates in banking and finance
(created in 2005), Ligué Laurent, told the media that the objective of the structure he heads is to contribute,
through this theme, "to make banking and finance more accessible to ordinary citizens, Ivorians
and to all Africans.
This meeting comes at a time when the banking rate, according to the information note (4th quarter
2018) of the
Bceao, which disseminates the decisions of the bodies (Umoa and Bceao ), is weak. The main
monetary policy measures as well as texts regulating banking and financial activity adopted in
during the period reveal that this rate was 17.7% at December 31, 2017, compared to 16.1% in 2016.

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