logoBC
Yaoundé - 10 December 2019 -
Finance

BEAC: Liquidity injections reduced to XAF335.2 bln in June 2019

BEAC: Liquidity injections reduced to XAF335.2 bln in June 2019
  • Comments   -   Wednesday, 27 November 2019 15:33

(Business in Cameroon) - In June 2019, BEAC’s liquidity injections into commercial banks operating within CEMAC was XAF335.2 billion. According to the official report just published by the central bank of CEMAC countries, this volume is down from the XAF340.7 billion recorded in May 2019.  

This decrease was spurred by the payment of certain debts to companies by public administrations.

These payments boosted the companies’ cash-flow thereby reducing their liquidity needs. Consequently, their recourse to commercial banks for liquidity needs has decreased.

BRM

cameroon-companies-lost-xaf800-bln-to-socio-political-crisis-within-3-years-gicam
The Inter-Patronal Grouping of Cameroon (GICAM) recently updated its data on the socio-political crisis raging the North-West and South-West since October...
cameroon-gathers-partners-around-torn-anglophone-region-s-reconstruction-plan
Cameroon's Prime Minister, Joseph Dion Ngute, announced on his twitter account that he recently brought together “about fifteen” representatives of...
cameroon-feicom-redistributed-xaf88-8-bln-to-municipalities-in-2018
In Cameroon, the Special Fund for Equipment and Inter-municipal Assistance (FEICOM) collected revenues amounting to XAF158.3 billion in 2018, a little...
cameroon-generates-an-average-of-xaf140-bln-year-from-the-distribution-of-oil-products
Every year, Cameroon generates an average of XAF140 billion from the distribution of oil products. This was revealed by the minister of water and energy...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés