In the financial landscape of the Democratic Republic of Congo, the issue of banking remains a major challenge at present. With only fifteen (15) operational banking players for a population of around eighty (80) million inhabitants, the banking rate remains relatively low, capping at six percent (6%). Although this figure is below the African average of fifteen percent (15%), recent developments seem to indicate a positive dynamic.
Over the last three years, savers’ deposits in Congolese banks have recorded significant growth, from fourteen point six (14.6) billion dollars in 2021 to nearly sixteen (16) billion in 2023. Similarly, the credit portfolio has experienced dazzling growth, showing an increase of nearly thirty percent (30%) over the same period, from four (4) billion to seven (7) billion dollars.
These encouraging data were revealed during the International Banking Day, celebrated on Thursday, December 5, by the Compliance President of the Congolese Banking Association (ACB), Ms. Joelle Mbala. Congolese banks remain confident about this positive trend, particularly due to the emergence of fintech and new technologies, which offer new opportunities for development and financial inclusion.
Beyond these figures, other important economic topics were discussed in the latest issue of the magazine “Echos d’économie”, published on Thursday, December 5, 2024. These include the Estates General of the portfolio, as well as the second reading of the 2025 budget in the Senate. In addition, the International Aviation Day, scheduled for Friday, December 6, raises questions about the aeronautics sector in the DRC. Stavros Papaianou, aeronautics consultant and former airline administrator, shared his analysis of the challenges and opportunities that arise in this area.
In short, the positive evolution of the banking sector in the DRC demonstrates a promising potential for growth and economic development, supported by initiatives aimed at strengthening access to financial services for all citizens. This dynamism suggests a more inclusive and prosperous future for the Congolese economy, driven by innovation and collaboration between financial sector players.