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302LES ATOUTS ECONOMIQUES DU CAMEROUNCompared to 31 December 2013, State’s net claims on the banking system increased by 68.9 billion to stand at 202.6 billion at end-December 2014. Thus clearly, the government’s position, although on the decline, was still creditor of 152.8 billion vis-à-vis the banking system.At June 30, 2015, and compared to end-June 2014, domestic credit increased by 8.3% under the combined effect of the 9.1% increase in cre- dit to the economy and the contraction of 15.4% net claims on the State.MONEY AGGREGATESReflecting an evolution of its counterparts, money supply rose from 11.1% at the end of December 2014 for 11.6% in 2013. It amounted to 3,646 billion. The economy's liquidity ratio deteriorated from 22.5% in 2013 to 20.6%. the coverage rate of the currency stands at 98.1% at the end of 2014, after it had been 93.9% at end- December 2013.At June 30, 2015 compared to the end of June 2014, the money supply was 5.9% up and stood at 3,463.1 billion. It is composed of 15.7% fiat money, 46.3% bank money and 38% quasi money. Currency coverage rate loses six points to stand at 87.9%.The headquarters of the Bank of the Central African States (BEAC) in YaoundeBANKING AND FINANCEA sector with a great majority of commercial banks, banking and finance are characterized by a pro- gression of deposits and loans, stabilization of outs- tanding receivables and resumption of interbank transactions. On prudential standards, solidity and solvency rates are relatively satisfactory. However, a few banks are still characterized by structural weak- ness of net equity (243.6 billion in June 2015). The banking rate is about 13%. The ratio of the number of accounts opened at banks and microfinance ins- titutions on the more than 18 is 26%.BANKING SECTORAt end-June 2015, 14 banks have a leading position in the banking sector. Three banks (Afriland First Bank, Société Générale Cameroon (SG / Cameroon) and BICEC) dominate the mar- ket with 53.9% appropriations and 50.2% depo- sits. In July 2015, the Cameroon SME Bank (CB- SME) opened and registered their first deposits.At 30 June 2015, the number of bank accounts increased by 10.5% year on year, to stand at 1,860,304. The deposit accounts represent 64% and current accounts 36%. The degree of intermedia- tion, measured based on the comparison between the outstanding credits and deposits, improves to 82.2%, against 77.1% in June 30, 2014.

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