Fatshimetrie, November 1, 2024 – On this International Savings Day, the Director General of the Caisse Générale d’Epargne du Congo (Cadeco), Juliette Mbambu Mughole, made a solemn appeal to all Congolese in Kinshasa and beyond. The objective? To promote financial inclusion by encouraging savings as a lever for economic development.
At the heart of this initiative is the desire to create a dynamic middle class, one of President Félix Tshisekedi’s major challenges. Cadeco, as the only national bank, plays a central role in this ambition. By encouraging citizens to open bank accounts and save their income, the institution aims to democratize access to essential financial services at affordable costs.
The promotion of savings is also demonstrated by increased support for Small and Medium Enterprises (SMEs) as well as disadvantaged people, a crucial vector in the fight against poverty and the improvement of the living conditions of the Congolese population. Cadeco is thus committed to collecting savings throughout the national territory to reinvest them in the form of credits benefiting the local economy.
Beyond its financial missions, Cadeco strives to raise awareness among the Congolese population of the importance of savings as a pillar of national success. Awareness campaigns on the ground aim to instill a culture of savings, fundamental to the prosperity of a country. The objective is clear: to dissuade Congolese from saving in foreign institutions, thus preventing the exodus of capital from the country.
By offering the lowest interest rate among all Congolese banks, Cadeco positions itself as a key player in sustainable financial inclusion. For Juliette Mbambu Mughole, savings not only strengthen the economic resilience of individuals, but also promote the growth of local entrepreneurship, a key catalyst for socio-economic development. Through its action, Cadeco works not only for present generations, but also for the prosperous future of the Democratic Republic of Congo.