## Central African Economic and Monetary Community (CEMAC): Financial System Stability Assessment

_IMF Staff Country Reports, April 22, 2016_

## Source details

**Canonical URL:** [Central African Economic and Monetary Community (CEMAC): Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-economic-and-monetary-community-cemac-financial-system-stability-assessment-43874)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/central-african-economic-and-monetary-community-cemac-financial-system-stability-assessment-43874/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/central-african-economic-and-monetary-community-cemac-financial-system-stability-assessment-43874/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/central-african-economic-and-monetary-community-cemac-financial-system-stability-assessment-43874/bundle-manifest.json)

## Bibliographic details
- Published: April 22, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484338964.002

---

### Summary findings
- The paper provides a detailed assessment of the Central African Economic and Monetary Community's (CEMAC’s) financial system.
- Over the past decade, primarily as a result of high oil prices, CEMAC achieved robust economic growth, although lower than the SSA average, but insufficient to significantly reduce poverty.
- A poor business climate and weak governance are hampering financial sector development and its contribution to financing investments.
- The weakness of regional integration also limits the growth potential.
- The drop in oil prices by about 60 percent between June 2014 and January 2015 has had a large impact on CEMAC countries’ macroeconomic performance.

### Thematic focus areas (as identified in the source)
- Anti-money laundering and combating the financing of terrorism (AML/CFT)
- Banking; Commercial banks; bank assets; banking sector; liquidity level; interest rate; ISCR
- Credit; Financial institutions; Financial services
- Crime; Financial crises; Money
- CEMAC authority; CEMAC institution; CEMAC regulation; CEMAC jurisdiction; CEMAC member states; CEMAC country; CEMAC economy; CEMAC region
- Regional context: Africa; Central Africa; East Africa; Maghreb

*International Monetary Fund. African Dept. "Central African Economic and Monetary Community (CEMAC): Financial System Stability Assessment", IMF Staff Country Reports 2016, 106 (2016).*

---

## Content in this bundle

- **Central African Economic and Monetary Community**
  - [Central African Economic and Monetary Community (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16106.pdf.md){rel="alternate" type="text/markdown"}
  - [Central African Economic and Monetary Community (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16106.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/central-african-economic-and-monetary-community-cemac-financial-system-stability-assessment-43874_