Fx denominated loans as a share of bank loans reached 16.7% in second quarter of 2024 in Madagascar, according to the National Central Bank. This is 3.93% more 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 27th within the group of 44 countries we follow in terms of FX denominated loans as a share of bank loans.
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