Customer deposits recorded by Congolese banks increased by 2.22% in June 2023, according to the Central Bank of Congo. This represents a total sum of $11,106.6 million. This increase is mainly due to deposits from small and medium-sized enterprises, which represent 33.3% of the total, and from private enterprises, which represent 32.5%. Deposits from public enterprises, households and public administration also contributed, with respective rates of 12.0%, 11.1% and 4.2%.
At the same time, gross credit granted by banks also increased significantly, with a monthly increase of 21.23% to reach 6,705.14 million dollars at the end of June. This growth can be explained in particular by the loans granted to private and public companies and to households.
Regarding the distribution by currency, the majority of credits are granted in foreign currencies.
This positive development in the financial sector in the Democratic Republic of Congo is encouraging for the country’s economy. It testifies to the confidence of economic players in the banking system and to the dynamics of business growth. These figures also reflect the need to pay particular attention to supporting small and medium-sized enterprises, which play a key role in the country’s economic development.
It is important to emphasize that this financial data is an indicator of the overall economic health of the country. They bear witness to the confidence of investors and the stability of the Congolese financial market.
It is essential to continue to encourage access to credit for businesses and households, while ensuring that loans are used responsibly in order to promote sustainable and balanced growth.
In conclusion, the increase in customer deposits and loans granted by banks in the Democratic Republic of Congo is a positive sign for the country’s economy. This testifies to the confidence of economic players and the growth dynamic of companies