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• The outstanding receivables from customers are continuously increasing, reaching 12,095 billion FCFA in 2023 compared to 11,036.90 billion FCFA at the end of December 2022.

Evolution of the credit portfolio structure

 Source: BCEAO

Customer loans are primarily composed of short-term loans, followed by medium-term loans and long-term loans. However, the shares of long-term loans, leasing, and factoring tend to increase over time.

The banking system is solid with good credit portfolio quality, and a significant number of banks comply with solvency standards.

Evolution of credit portfolio quality (in %)

Source: BCEAO 

The quality of the banking credit portfolio is improving. The management of credit risk is relatively satisfactory. The gross portfolio deterioration rate is decreasing as of the end of December 2023, standing at 7.3%, compared to 7.8% a year earlier. The net portfolio deterioration rate shows a good profile over the period 2018-2023.

Furthermore, the Ivorian banking sector has remained generally solvent. The average "equity to risk-weighted assets" ratio stood at 13.8% at the end of December 2023, above the minimum standard of 11.50%. Only two banks do not comply with the solvency ratio standard. They hold 1.14% of the total balance sheet of the sector, 1.22% of outstanding loans, and 1.74% of collected deposits.

A large proportion of banks in Côte d'Ivoire comply with solvency standards. In 2023, over 90% of banks meet the three main solidity indicators, namely minimum capital requirements, limits on fixed assets and investments, and risk coverage. The four Systemically Important Banks (SIBs) comply with these solvency standards.

Evolution of solvency indicators

Source: BCEAO 

Significantly improved in recent years, the financial strength of banks ensures the stability of the banking sector. In particular, the total solvency ratio stood at 13.8% at the end of 2023 (above the community standard of 11.5%) in relation to the increase in the level of equity to 10 billion FCFA since 2015.

The funding autonomy of the banking sector (Equity/Total assets) is also improving (7.29% in 2022).