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The banking sector in Madagascar
Madagascar's banking sector is gradually modernizing, with financial institutions supporting economic development. Thanks to its expanding commercial banks and innovative financial services, Madagascar is developing an accessible banking system that facilitates financial inclusion and supports productive investment.
Madagascar – Bank
– The banking system
The Malagasy banking landscape has undergone significant changes with the arrival of new foreign banks and microfinance institutions (MFIs). The sector...
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Madagascar – Bank
– The Central Bank has launched partnership agreements for gold
The establishment of the national gold reserve and the formalization of the sector are underway. An agreement...
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Madagascar – Bank
– Strengthening the industrial and financial sectors with the support of the AfDB
The AfDB approved, at the end of October 8, 2020, the Industrialization and Financial Sector Support Project (PAISF) for a...
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Madagascar – Bank
– Financing for the economy
As in all countries experiencing the pandemic, the health crisis has had negative impacts on the Malagasy economy in...
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The AfDB approved, at the end of October 8, 2020, the Industrialization and Financial Sector Support Project (PAISF) for a loan of approximately 14.52 million euros through the African Development Fund...
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The establishment of the national gold reserve and the formalization of the sector are underway. A partnership agreement was signed at the end of October 2020 between the...
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As in all countries affected by the pandemic, the health crisis had a negative impact on the Malagasy economy in 2020. The IMF is forecasting a recession of 11% to 3%. The...
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The Malagasy banking landscape has undergone significant transformation with the arrival of new foreign banks and microfinance institutions (MFIs). The banking sector is characterized by high levels of profitability, but...
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