CEMAC - Regulation No. 1 - Various Provisions Relating to APR and Publication of Bank Terms

In an effort to create the conditions for optimal development of the credit market by promoting transparency and effective competition, the Economic and Monetary Community of Central Africa (CEMAC) has defined for its member nations in this document the standards for calculating and disclosing loan rates (Annual Percentage Rate (APR)/Taux Effectif Global (TEG)), penalties for violation of these standards, and grievance instructions for such violations.

Document Details

Title (Non-English): 
Communaute Economique et Monetaire de L'Afrique Centrale (CEMAC) - Réglement No 01-CEMAC/UMAC/CM - Portant Diverses Dispositions Relatives au Taux Effectif Global et a La Publication des Conditions du Banque
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Year of Document: 
2012
Date of Document: 
Tuesday, October 2, 2012
Document Authors: 
CEMAC

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