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Interest rates: UEMOA banks recorded an increase of 11 basis points in April 2023

08/06/2023
Source : ORISHAS FINANCE
Categories: Rate

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La Central Bank of West African States (BCEAO) based in Dakar conducted a survey of bank conditions. The results mentions that the credit interest rates applied by the banks of the West African Monetary Union (UEMOA) to their clients' term deposits increased by 11 basis points in April 2023 compared to the previous

month.

Au cours du mois sous revue, la BCEAO a indiqué que les taux The interest rates applied by the banks of the West African Monetary Union (UEMOA) to their clients' term deposits are increased from 5.24% in March 2023 to 5.35%. The debit rate was net of charges and taxes, at 6.83% in April 2023, compared with 6.75% a month earlier, an increase of

8 basis points.

Le montant moyen des refinancements accordés par la BCEAO est passé Refinancing granted by the BCEAO increased from 8,336.1 billion FCFA in March 2023 to 8,704.4 billion FCFA in April 2023, on the R& money market regional, an increase of 4.4%. Last April, the weighted average rate of weekly liquidity auctions stood at 5.00%, compared with 89% the previous month,

an increase of 1.11 points.
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