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Cemac: Cobac Brings the Minimum Share Capital of Banks to Usd 45 Million From 2026
Summary by Financial Afrik
1 Articles
1 Articles
As of 1 January 2026, the minimum social capital required of banks operating in the Central African Economic and Monetary Community (CEMAC) will increase from CFAF 10 billion to CFAF 25 billion (from USD 18 million to USD 45 million). The decision, adopted by the Central African Banking Commission (COBAC), was published on 1 January 2026.
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