The bceao is gradually tightening the screws to fight inflation, after its accommodative policies to invigorate the sub-regional economy, which was then plagued by the health crisis. This is a return to normal, putting pressure on the UEMOA banking sector.

The West African Economic and Monetary Union (UEMOA) interbank market has been since mid-February shaken by cash flow pressure caused by the resumption of auctions at the weekly and monthly refinancing counters at variable rates. The BCEAO had taken this measure as part of the “normalization of its monetary policy.” In order to enable the umbrella institution to fight the high inflation experienced by the monetary community, the return of variable rates was supposed to reduce the money supply.

Certaines banques n' ont pas réussi à s' adapter à la nouvelle situation plusieurs banques avaient adossé une grande partie de leurs emplois sur le refinancement aux guichets BCEAO , rather than strengthening their efforts in collecting deposits.