In a note on the situation, the Bank of Central African States (BEAC) notes that the total amount of new loans set up during this semester stood at 3,009 billion FCFA, down by 17.98 % compared to that of the previous half-year which was 3,668 billion and down 20.78% compared to the first half of 2019.

The overall situation in the countries of the Economic and Monetary Community of Central Africa (CEMAC) in the first half of 2020 is marked by a downward trend in the supply of credit observed since the second half of 2018, reports the Central Bank. The overall effective rate (TEG) of credit institutions suggests that most loans are granted by banks, up to 2,979 billion, or 99.02% of market share. This means that the activity of financial institutions remains marginal, with only 0.98% market share, or a total of 29.42 billion loans granted over the period.

The analysis by country shows a great disparity in the amounts of new loans, credit institutions established in Cameroon and Gabon concentrate nearly 75.66% of new loans granted over the period. With 1,866 billion, Cameroon consolidates its position as a driving force in CEMAC and concentrates more than half of the loans followed by Gabon, with 409 billion. It also appears that the loans granted are mainly intended for large companies and SMEs, which account for 63.83% and 18.15% respectively of the loans granted, individuals having benefited from only 10.4% of the total new financing granted. during the reference period.