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UEMOA: strong increase in the value of securities under custody at the DC/BR

31/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The Director General of the Central Depositorial/Settlement Bank (DC/BR) of Old Style”, "Serif"">UEMOA,

Birahim Diouf announced on Thursday, October 26, 2023, that the value of the securities in custody at the DC/BR stood at 19,253.73 billion FCFA as of September 30, 2023, compared to 15,830.26 billion FCFA as of September 30, 2022, an increase of 21.63%.

A panel was held during a : "Bookman Old Style”, "serif"">introductive (KeyNote) organized on the occasion of the first edition of the Heritage and Investment Forum, opened in Dakar. This parnel revolved around the theme, “Collective Management: Asset Collection and Allocation”. On the occasion, Birahim Diouf made a comparison between the value of DC/BR securities under custody as of September 30, 2023, and over the period of September 30, 2022. The value of closed transactions amounted to 630.75 billion FCFA in the third quarter of 2023, according to the Director General of DC/BR. For Diouf, “these performances are the result of the dynamism of players in our market, including those in collective management

”.

Le DC/BR est le Dépositaire central des titres de l' Uemoa headquartered in Abidjan, Republic of Côte d'Ivoire. It ensures the centralization of the custody of securities for its members, the successful completion of settlement and delivery operations following stock exchange transactions as well as the payment of securities

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