The Central Bank of West African States (BCEAO) announces that the own liquidity of banks in the UEMOA region fell in November 2020. Thus, it stands at 96.6 billion FCFA.

The own liquidity of banks active in the Union fell by 96.6 billion CFA francs due to the negative impact of banknote movements and external transfers.
Similarly, transfers outside UEMOA, which were larger than receipts during the month, increased more. The positive balance of transactions with States and other net factors amounted to a surplus of 260.7 billion FCFA and attenuated the impact of the negative impact of the other factors.
The BCEAO informs that, unlike these two sectors, net withdrawals made at bank counters by customers increased by 202.6 billion FCFA, degrading banks' own cash flow. During the same month, refinancing by the Central Bank in favor of banks increased by 0.7 billion FCFA in response to the increase in their requests. As a result, “bank liquidity fell by 95.8 billion