To offer the WAEMU credit institutions that are its shareholders, long-term resources for the refinancing of mortgages loans made to their clients through mobilizing these resources in the Union’s financial market or with development partners.
About Caisse Regional de Refinancement Hipothecaire de l’UEMOA (CRRH-UEMOA)
The CRRH-UEMOA was created in 2010 by the West African Development Bank (BOAD) in partnership with 23 commercial banks to establish a mortgage market in UEMOA countries. The formation of CRRH-UEMOA resulted from a study that was undertaken in 2005 by the Central Bank of West African States (BCEAO), the West African Development Bank, and the Regional Council of the Public Savings and Financial Markets (CREPMF).
The CRRH-UEMOA offered its first bond market to the regional financial market in July 2012. As of December 31, 2017, it has issued seven bonds for a total of 132 billion FCFA for the refinancing of its 34 shareholder banks within the 8 countries of the Monetary Union.