in Short

Gabon Banking sector posts good results in 2019

Following the 18.4% drop to 406.2 billion FCFA in the third quarter of 2019 of loans granted to general government, gross bank loans distributed fell by 2.7%, when the aggregated total of banks’ balance sheets increased by 4.2%, according to information relayed by Gabon media. In this context, the sector posted a good progression year-over-year on analysis of the sector economic outlook note.

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