“Outstanding bank loans have not doubled as Moody’s expected,” says BCEAO Governor Tiémoko Meyliet Kone

“Outstanding bank loans have not doubled as Moody’s expected,” says BCEAO Governor Tiémoko Meyliet Kone

The Governor of the Central Bank of West African States (BCEAO) was optimistic about the regional banking system’s resilience. He spoke during the Africa Financial Industry Summit, organised by the Africa CEO Forum and the Young Africa Media Group with IFC in mid-March.

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            ▪ “Outstanding bank loans have not doubled as Moody’s expected,” says BCEAO Governor Tiémoko Meyliet Kone

▪ The Governor of the Central Bank of West African States (BCEAO) was optimistic about the regional banking system’s resilience. He spoke during the Africa Financial Industry Summit, organised by the Africa CEO Forum and the Young Africa Media Group with IFC in mid-March.

https://www.africabusinessplus.com/en/807436/outstanding-bank-loans-have-not-doubled-as-moodys-expected-says-governor-tiemoko-meyliet-kone-bceao/

Tiémoko Meyliet Kone said that faced with the COVID-19 crisis, “we could have seen, on 31 December 2020, a strong increase in overdue debts, but the reality was quite different”.

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