The minimum share capital of commercial banks in the UEMOA zone increases from 10 to 20 billion FCFA. Faced with such an increase, the Central Bank of West African States (BCEAO) has provided new details

The decision on increasing the minimum share capital of commercial banks in the UEMOA zone was adopted by the Council of Ministers last December. ^{Indeed, according to the information, the banks concerned have until July 1, 2024 to transmit their compliance plan to the Ministers of Finance, the Banking Commission and the BCEAO.} . They will be granted a period of three years to effectively increase their capital. 65 banks are concerned, for a total amount of 472.8 billion CFA francs (around 850 million dollars) in additional equity to be raised