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Microfinance: The Umoa zone will have 508 Sfd at the end of December 2021

21/04/2022
Categories: Economy/Forex

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The Central Bank of West African States (BCEAO), in its analysis of the evolution of the indicators evaluated from the estimated data, took stock of the situation of the microfinance sector in Umoa member countries for the fourth quarter of the year 2021.

The information on decentralized financial systems (DFS) reveals that the number of DFS in Umoa is 508 units at the end of December 2021. In addition, 17,001,669 people benefited from financial services provided by microfinance institutions during the period under review, through 4,366 points of service spread across the member states of the Union.

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