Page 305 - Atouts-Cameroun-2017
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WORDINGCentral public administrationLocal public administrationPublicbodiesPrivateadministrationsPublicenterprisesPrivateenterprisesDEC. -1318.815.1JUNE -1439.313.5DEC. -14 JUNE -15 VARIATIONS ( %) WEIGHT (%)Breakdown of loans according to type of customer0.7 0.527.3 42.4215.0 156.21,483.3 1,515.5Dec.14/13 June 14/1598.0 106.4 421.3 170.79.9 8.4 -34.4 -37.80.5 23.3 -28.6 4,560.050.7 78.5 85.7 85.1140.9 202.7 -34.5 29.8June 20153.90.30.92.97.4Insurance and incorporated companies 54.9 105.21,626.0 1,657.3 9.5 9.4 60.758.2 28.6 6.0 -72.8 1.0200.7 171.7 45.4 -6.6 6.3379.8 438.4 11.5 39.6 16.1SoleproprietorshipsPrivateindividualsSundriesTOTALMICROFINANCE138.0 183.9340.6 314.020.7 18.02,315.3 2,415.316.82,581.515.7 -18.82,731.1 11.5-12.8 0.613.1 100.0Source : BEACwithdrawn for ceasing On 31 December 2014, the microfinance sector has 418 authorized institutions (including 166 independent and 252 in a network) unevenly distributed over the national territory. The Centre Region concentrates approximately 21% of agencies, followed by North-West (19%) and the Littoral (17%). The number of accounts in the EMF is 1,061,481 for 907,175 at the end of December 2013; deposit accounts correspond to 60%.At end-December 2014, outstanding deposits amounts to 519 billion for 456.1 billion at end- December 2013. The credits increase from 8% to come to 309 billion. EMFs mobilize around13.5% of deposits and distribute 11.4% of credits in the banking and financial system. Two institu- tions (CAMCCULL and CCA), share 51.7% of the loan market and 51.6% of the deposits. Bad debts are on the decline by 21% compared to 2013.The microfinance sector returned to positive results in 2014. After successive losses of 4.4 bil- lion in 2013, 1.9 billion in 2012 and 3.7 bil- lion in 2011, its total net income amounted to 195 million. This improvement is explained by the consolidation of some EMFs’ portfolios inclu- ding the reduction of deficits by the First Trust Savings and Loans.Regarding prudential standards, EMFs are gra- dually adapting to the new requirements thanks to the multiplication of supervisory tasks. The risk coverage ratio increased from 6.7% in 2013 to 7.3% in 2014, although it remains below the 8% threshold required. The sector continues itsconsolidation. Consequently, 60 EMFs had their licences withdrawn for cessation of business or payment.The BICEC’s building in YaoundeINSURANCE SECTORIn 2014, 24 companies enliven the Cameroonian insurance market, including 16 in the "IARDT" branch and 8 in the "LIFE" branch. Companies and insurance intermediaries as well as technical experts are the main players in the market. The penetration rate of insurance is still low and is 2%. The creation in June 2015 of the Motor Guarantee Fund of Cameroon (FOGAC) should provide care for victims of road traffic accidents and contribute to increasing improve- ment in the compensation system of the insured persons’ corporeal risks.Turnover of the sector is 161.2 billion, a 0.3% increase on 2013. "IARDT" branch represents 72.5% market share. The payment for claims amounted to 66.7 billion (=83.8% of the total claims).LES ATOUTS ECONOMIQUES DU CAMEROUN305


































































































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