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Quinze ans de restructuration bancaire dans la CEMAC : qu’avons-nous appris ?


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  • Sylvie Marie-Louise Eyeffa Ekomo
  • Désiré Avo
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    [eng] Fifteen years of banking restructuring in CEMAC : what have we learnt ? . Member countries of the Central African Economic and Monetary Community (CEMAC) experienced a severe economic crisis since the 80’ s. As a consequence of this prolonged crisis, the portfolio of commercial banks dramatically deteriorated, therefore pushing monetary authorities and international community to envisage a restructuring strategy for the banking sector. The aim of this strategy was to stabilize the banking sector by improving financing channels and mechanisms. In this paper we show that the reforms implemented to restructure the banking sector, far from having improved financing mechanisms, have led to the emergence of three paradoxes : excessive liquidity of the system coupled with credit rationing, banking concentration and contemporaneous development of microfinance structures and foreign penetration in the banking sector without development of financial innovations. . Classification JEL : G21, G34, N27 [fre] Les pays de la Communauté économique et monétaire de l’Afrique centrale (CEMAC) ont connu, à partir du début des années 1980, une grave crise économique. Les conséquences de celle-ci se sont traduites, sur le secteur bancaire, par une dégradation rapide et brutale du portefeuille des banques. En réponse à cette crise, les autorités monétaires, avec l’appui de la communauté financière internationale ont engagé une politique de restructuration bancaire. Cette politique avait pour objectif d’assurer un retour à la stabilité bancaire en améliorant les circuits de financement. L’objectif de cet article est de montrer, après avoir présenté les différentes réformes qui ont été mises en oeuvre, que les restructurations bancaires, au lieu d’assurer le financement de l’économie, ont plutôt conduit à des paradoxes dont trois sont particulièrement développés. Il s’agit de : la surliquidité et le rationnement du crédit ; la concentration bancaire et le développement de la microfinance et enfin l’internationalisation bancaire sans développement des innovations financières. . Classification JEL : G21, G34, N27

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    Bibliographic Info

    Article provided by Programme National Persée in its journal Revue d'économie financière.

    Volume (Year): 89 (2007)
    Issue (Month): 3 ()
    Pages: 183-205

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    Handle: RePEc:prs:recofi:ecofi_0987-3368_2007_num_89_3_4297

    Note: DOI:10.3406/ecofi.2007.4297
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