(Business in Cameroon) – On January 30, the Bank of Central African States offered CFA150 billion in liquidity to commercial banks in the Cemac zone. This mark a sharp decline of CFA80 billion from the CFA230 billion offered on January 21.
Despite the reduced liquidity, the offer was sufficient to meet the banks’ needs. According to the BEAC’s report, bank demand reached CFA146 billion, which was just CFA4 billion less than the amount provided by the central bank.
This demand was significantly lower than the CFA258 billion requested during the liquidity injection operation on January 21, indicating a decrease in demand. This could be tied to a reduction in the demand for bank loans. Bankers explain that banks usually seek liquidity from the BEAC when the demand for loans exceeds their available funds.
