BCEAO confronts tough choices on commercial bank refinancing amid liquidity challenges (ECOFIN)
The net profit of BCEAO has surged due to a substantial increase in revenues from commercial banks refinancing. Yet, this success masks a liquidity decline within the UEMOA banking sector, although currently managed. The central bank of WAEMU countries –BCEAO- grapples with complex decisions in managing commercial banks' refinancing demands....