Banks’ credit profiles remain weak across W/A region despite recent improvements in banking supervision – Fitch

Advertisement Strong economic growth in the West Africa Economic and Monetary Union (WAEMU) region supports banks’ profitability, but only partially offsets asset quality and capital risks, says Fitch Ratings in a new report. The regional central bank expects the WAEMU economy will grow by 6.5% in 2024 (2025: 6.6%), while Fitch expects banks’ balance sheets … Read more