Regulating demand and preventing inflationary trends In a recent statement, the Banky Foiben’i Madagasikara (BFM) confirmed that conditions for easing its monetary policy have not yet…

Promoting exchanges between banks According to the Central Bank of Madagascar (BFM), interbank loans are becoming increasingly intensive. In the first quarter of 2024, the volume…

Maintaining interest rate stability The permanent facility rates have been increased by the Monetary Committee of the Banky Foiben’i Madagasikara (BFM). The deposit facility rate (FDD),…

70 % stake held by Société Générale sold An agreement has been signed with Bred Banque Populaire for the complete sale of its shares in Société…

Several African institutional investors invited An agreement has been reached between the continental investment bank Africa50 and the government of Madagascar. As a result, Madagascar will…

A gold coin valued at USD 2,700 The celebration of the 50th anniversary of the Central Bank of Madagascar (BFM) is drawing to a close. The…

Up to 20 million USD in order to produce banknotes and coins by 2022 The Central Bank of Madagascar is holding off on minting its own…

Interbank one-day loans « Taha » short for « Taha miantoka ny herin’ny ariary », is launched to bolster the national monetary market. This term, translating…

Taxation among the factors limiting business development Taxation is one of the main factors limiting the development of banking activities. This observation was made by three…