Fx denominated loans as a share of bank loans reached 15.6% in fourth quarter of 2023 in Madagascar, according to the National Central Bank. This is 9.39% less than in the previous quarter.
Historically, FX denominated loans as a share of bank loans in Madagascar reached an all time high of 28.1% in 1Q2007 and an all time low of 10.7% in 1Q2020.
Madagascar has been ranked 28th within the group of 45 countries we follow in terms of FX denominated loans as a share of bank loans.
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