In a difficult situation since the Central Bank of West African States (BCEAO) raised the conditions of access to the refinancing window in 2016, the Regional Bank of Markets (BRM) has separated from its Director General, Alioune Camara, during a board meeting held on February 5, 2020. The interested party, contacted by Financial Afrik, did not wish to comment on the subject. Ditto for the directors who favor for the moment the solution of the recovery of the bank, faced with an interbank debt of several billion CFA francs, consecutive, it is explained, to the decision of the BCEAO taken at the time to raise the level of reserves of the Central Bank. The Bank is also indebted to certain institutions including the West African Development Bank (BOAD).

According to our information, the departure of Alioune Camara, " a requirement of the authorities ", should pave the way for the repayment by the State of Senegal of a debt of 40 billion CFA francs to the BRM. Which, all in all, would change the balance sheet of the bank which accumulates two years of liabilities, after 11 years of assets. " At the origin of the creation of the bank twenty years ago, Alioune Camara would not have been notified of the holding of the board of directors ," said a well-informed source. A battle is opening in perspective between the board of directors chaired by Mansou Kama and Alioune Camara who remains a shareholder.

The temporary difficulties of the BRM play into the hands of Banque De Dakar (BDK), the other investment bank of the place, tempted for a moment to combine its model with that of specialized financial service of the Wari type. In any case, the BCEAO's measure, if it had the gift of having contributed to the replenishment of the reserves of the central bank common to the eight WAEMU countries, it has, without context, permanently weakened the investment banking model in the sub-region.