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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Regional Council for Public Savings and Financial Markets (Crepmf) drew up, on Tuesday, its balance sheet under
of the year 2019, at the Tiama hotel.
The regional financial market has achieved excellent results over the past year. About thirty
financial transaction files were recorded for a total volume of 1,620 billion FCfa of
resources raised against 1,044 in 2018, an increase of 55%.
This is what emerges from the intervention of the Secretary General of the Regional Council for Public Savings and
financial markets (Crepmf), of the West African Monetary Union (Umoa), Ripert Bossoukpé, on the occasion of a
review seminar on January 21, at the Plateau, intended to take a retrospective look at the past financial year by focusing on
projecting into the future.
A meeting which recorded the presence of the Director General of the Regional Stock Exchange
(Brvm), Edoh Kossi Amenouve, presidents of professional Market associations, players in the
financial market.
"Twenty new market players have been approved, bringing the number of players to 218 and 490
requests for professional cards processed, including 472 issued and 10 files rejected.
The year 2019 was also marked by the execution of reform actions thanks to the support of our
partners", satisfied Ripert Bossoukpé.
He added that the projects relating to the establishment of a regulatory framework for private equity and
the adoption of a system of penalties for stock market violations have made significant progress.
While inviting regional financial market players to develop new strategies, the Secretary
general wanted 2020 to be a year of performance investing.
For this year 2020, the Crepmf intends to continue the ongoing projects. According to Sassou Hunzunken, director
issuers, emphasis will be placed on strengthening the protection of savers, broadening the
base of investors abroad, as well as the digitization of the primary market.
The other strong point this year will be the development of new products (green bonds, sukuks, project
bond), and the financing of the private sector by the listing market of at least two SMEs in the 3rd compartment.
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