Banks in the Cemac region are showing renewed demand for central bank liquidity, with requests exceeding supply during the latest operation by the Bank of Central African States (BEAC).
At a liquidity injection held on March 17, 2026, commercial banks requested more than CFA400 billion, above the CFA350 billion made available by the central bank. This marks a shift after several months of more moderate demand.
Bankers say higher demand for central bank liquidity typically reflects increased credit needs from businesses and households. Banks tend to turn to BEAC funding when loan demand exceeds their available cash.
Despite the rebound, current demand remains well below the peaks recorded in late 2025. In September, banks sought CFA650 billion in the second half of the month, before demand climbed to CFA700 billion and then CFA800 billion in October. At the time, BEAC raised its liquidity supply to meet the surge.
Since early 2026, however, demand has eased, prompting the central bank to gradually scale back its offerings. The CFA350 billion injected on March 17 reflects this adjustment.
BRM
