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WAEMU Financial Market: The Central Depository/Settlement Bank's securities custody reaches 19,140 billion FCFA in 2023.

The Central Depository/Settlement Bank (DC/BR) of the West African Economic and Monetary Union (UEMOA) saw its centralized securities custody reach 19,140 billion CFA francs at the end of 2023,…

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The Central Depositary/Settlement Bank is responsible for the custody and circulation of dematerialized securities in the WAMU zone. It acts on behalf of both issuers and intermediaries. It acts as a settlement bank and may hold cash balances on behalf of traders.

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