Côte d'Ivoire Financial Services

The UEMOA banking system, which has experienced accelerated development over the last five years with average annual growth of 13% of the total sector balance sheet, has remained globally stable and profitable. Nonetheless, there are still pockets of vulnerability. Indeed, some banks are still undercapitalised and several small banks still do...

The much-anticipated third board of the Bourse Régionale des Valeurs Mobilières (BRVM) that is dedicated to small and medium-sized enterprises (SMEs) was launched in 2017. With this new compartment the aim is to provide smaller companies – which account for around 80% of the economic structure of the UEMOA – access to long-term financial...

In April 2016 the Inter-African Conference of Insurance Markets (Conférence Interafricaine des Marchés d’ Assurances, CIMA), which oversees insurance regulation in 14 African countries, including Côte d’Ivoire, adopted a major reform aimed to protect the region’s reinsurance industry. Two years on, changes appear to be paying off for local...