logoBC
Yaoundé - 22 February 2020 -
Economy

BEAC’s XAF60 bln liquidity offer oversubscribed at 276%

BEAC’s XAF60 bln liquidity offer oversubscribed at 276%
  • Comments   -   Thursday, 05 September 2019 16:05

(Business in Cameroon) - The liquidity offer issued by BEAC on September 4, 2019, was concluded with 276% subscription rate.

According to official results, demands received amounted to XAF165.5 billion while it was only offering XAF60 billion. In addition, the weighted average interest rate for the liquidities finally adjudicated is 6%, about twice the prime rate within CEMAC.

BRM

cameroon-pcp-afop-to-train-3-500-people-in-agropastoral-and-fishing-sectors-in-2020-2021
The agropastoral and fishing training programme PCP-Afop, steered by the Ministries of Agriculture and Livestock, has just launched the recruitment of the...
denmark-discusses-cooperation-areas-in-the-maritime-sector-with-cameroon
On February 19, 2020, in Yaoundé, the Minister of Transport, Ernest Massena Ngalle Bibehe, received in audience Danish ambassador to Cameroon Jesper...
french-start-up-heetch-effectively-launches-vip-motorcycle-taxi-service-with-a-network-of-250-drivers
Equipped with pink vests and helmets, 250 motorcycle taxis now roam the streets of Douala, on behalf of French start-up Heetch, the government daily...
british-firm-the-first-group-eyes-both-investors-and-investment-opportunities-in-the-cameroonian-real-estate-sector
On February 19, 2020, in Yaoundé, British firm The First Group’s executives presented investment opportunities in the real estate sector in Dubai to...

Mags frontpage


Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line


Interview: «Shifting from bureaucratic management to efficient public management»


Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille


Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »