Productive Sector: BEAC Suspends Medium-Term Credit Refinancing
The tightening of access to central liquidity is redefining the operational priorities of second-tier banks. The central bank of the six CEMAC states has temporarily halted requests for refinancing backed by medium-term credits aimed at supporting productive investment.
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The monetary authority, led by Governor Yvon Sana Bangui, justifies the measure by the need to reform the regulatory texts in force since the 1990s. The moratorium temporarily deprives the private banking sector of a tool that covers 60% of the global cost of industrial projects, whereas in 2025, there were validations of cumulative drawings of 41.2 billion CFA francs for the exploitation of the Bipindi-Grand-Zambi iron ore deposit and 31.3 billion for the benefit of operator Camtel.
The rules for sharing competencies set the ceiling for direct authorization granted to the governor at 20 billion CFA francs at most, with higher amounts being subject to the exclusive arbitration of the CPM, while national directions manage files of 4.5 billion CFA francs per quarter. Long ignored by commercial banks in favor of the short-term treasury operations compartment, the monetary instrument had been experiencing an unprecedented increase in activity following a awareness campaign conducted in June 2025 in Bangui. The enthusiasm of investors was recently materialized by the validation of a 30 billion CFA franc line mobilized by CCA Bank for a mining project in Congo, as well as support of 20 billion CFA francs requested by Afriland First Bank on behalf of a Sodecoton oil processing unit. The exclusive treatment of only files deposited before the suspension date will restrict the room for maneuver of regional industrialists while finalizing the rewriting of the counter procedures.
Asaba
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