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Adaptation of the prudential regulation linked to Covid: COBAC puts an end to the exceptional measures in the CEMAC zone

22/09/2022
Categories: Companies

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To support the post-Covid recovery, which is recording a good performance, the Central African Banking Commission (COBAC) announces the “end of exceptional measures to adapt to the Res prudential regulations applicable to institutions subject to COBAC, taken in the context of the Covid-19 crisis.” In a circular sent on September 19, 2022 to savings and credit institutions operating in the countries of the Economic and Monetary Community of Central Africa (CEMAC), the banking sector regulator confirms the return to the provisions thus ending the exceptional measures.

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