Home » world » UEMOA Council of Ministers Increases Minimum Share Capital for Banks to 20 Billion FCFA

UEMOA Council of Ministers Increases Minimum Share Capital for Banks to 20 Billion FCFA

by Alexandra Hartman Editor-in-Chief

2023-12-23 20:31:08

During its last session held on December 21 in Cotonou, Benin, the council of ministers of the West African Economic and Monetary Union (UEMOA) took an important decision relating to the banking sector. Thus, the minimum share capital of banks is increased from 10 to 20 billion FCFA or 32 million dollars. There……

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#Raising #share #capital #WAEMU #banks #upheaval

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