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The Banking Commission of the West African Economic and Monetary Union (UEMOA) Takes a Hard Line: ZEYNA in Niger and SOBCA in Burkina Faso Lose Their Licenses

Summary by Financial Afrik
The Banking Commission of the West African Economic and Monetary Union (WAEMU) has published the disciplinary and financial sanctions imposed during its 152nd session, held on March 17 and 18, 2026, in Abidjan, Côte d'Ivoire. Five credit institutions operating in four member states—Togo, Niger, Mali, and Burkina Faso—have been sanctioned for serious breaches of prudential regulations and anti-money laundering measures. Two of them, ZEYNA in Nige…
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The Banking Commission of the West African Economic and Monetary Union (WAEMU) has published the disciplinary and financial sanctions imposed during its 152nd session, held on March 17 and 18, 2026, in Abidjan, Côte d'Ivoire. Five credit institutions operating in four member states—Togo, Niger, Mali, and Burkina Faso—have been sanctioned for serious breaches of prudential regulations and anti-money laundering measures. Two of them, ZEYNA in Nige…

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Financial Afrik broke the news on Monday, July 6, 2026.
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