Cemac Banking Sector – Positive Assessment But…

[Cameroon Tribune] “Banking situation in the Central African Economic and Monetary Community, CEMAC, have registered remarkable improvement owing to the recovery of oil activities and the good performance of the non-oil sector. With the current trend, the growth rate in 2015 should be around 2 per cent,” the President of the Central African Banking Commission, COBAC, who doubles as the Governor of the Bank of Central African States (BEAC), Lucas Abaga Nchama, made the statement during the 7th annual consultation meeting with

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