Yaoundé - 27 October 2021 -

CEMAC: BEAC liquidity injections are slowing activities in the interbank market

CEMAC: BEAC liquidity injections are slowing activities in the interbank market
  • Comments   -   Wednesday, 07 July 2021 13:16

(Business in Cameroon) - Commercial banks’ growing attraction for weekly liquidity injection operations organized by the Bank of Central African States (BEAC) is affecting the interbank market. In its recently published report on the state of the money market as of end-December 2021, the BEAC points at a 25% month-to-month drop in activities on the interbank market.

In December 2020, the volume of interbank operations dropped to XAF92.3 billion (-25%), against XAF115.4 billion a month earlier,” the BEAC report reads. Over the same period, the average volume of liquidities injected by the central bank rose to XAF387.6 billion, up from XAF357.1 billion, which is an over 30 billion growth.

This means that commercial banks prefer the BEAC liquidity injections, which carries interest rates closer to key rates, to the funds they could have obtained from peer banks through the repo system-a system through which the borrower submits securities against the cash provided by the lender- thanks to which the market started recording outstanding performance in 2019.


At the end of a Board meeting on October 25, 2021, in Libreville, Cameroonian financier Louis Banga-Ntolo was confirmed CEO of the Central African Stock...
On October 21, 2021, Minister of Water and Energy Gaston Eloundou Essomba granted an audience to his Central African peer Arthur Bertrand Piri. During the...
In its recent report on the state of electronic payments in the CEMAC region in 2020, the Bank of Central African States (BEAC) points out that mobile...
“LA Régionale”, the Cameroonian microfinance institution that entered the regional exchange market BVMAC last February, announces good performance for...

Mags frontpage

Business in Cameroon n104: October 2021

Dossier Where does Cameroon stand in international trade?

Henri-Claude Oyima : “BGFIBank Cameroon is truly one of our success stories.”

Investir au Cameroun n114: Octobre 2021

Dossier La place du Cameroun dans le commerce international

Henri-Claude Oyima : «BGFIBank Cameroun est vraiment l’une de nos success-stories.»