WAMU: 17.1% increase in the total balance sheet of credit institutions
The balance sheet total of credit institutions in the West African Monetary Union (WAMU) increased by 17.1% as of December 31, 2021 compared to the same period of 2020, according to the 2021 annual report of the Banking Commission based in Abidjan. This balance sheet total reached 55,356 billion FCFA 47,269 billion FCFA in 2020, an increase of 8,087.1 billion FCFA. According to the Banking Commission "this development was recorded in all WAMU banking centres, in this case in Côte d'Ivoire (+2,623 billion; +16.4%), in Senegal (+1,423