Jump to content
House Price Crash Forum

Ivory Coast Rush To Withdraw Bank Cash

Recommended Posts


Long queues have formed at banks in Ivory Coast amid fears of a banking collapse as the Standard Chartered bank said it was suspending operations.

It is the fourth bank to close this week because of turmoil following November's disputed presidential polls.

Earlier it was reported that West Africa's BRVM stock exchange, based in Abidjan, had suspended its operations.

BRVM staff told the BBC they were working, but it was not clear if they were actually able to do transactions.

The UN-backed election commission named Alassane Ouattara as the winner of the election, but the result was reversed by a legal body and Mr Gbagbo remains in power despite the threat of international sanctions and military force.


Most cash machines in Abidjan are now empty or out of action, and for several weeks it has been almost impossible to cash cheques, he says.

In a statement to the BBC, Standard Chartered said it was suspending operations "until it is safe to reopen".

Not had a bank run story for a while.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.