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Banking & Finance
Banking, assurances and microfinance sectors objectives are the creation of specialized financial institutions and operational efficiency of existing banks. The DRC’s banking system is comprised of the BCC and 18 commercial banks as well as savings/credit cooperatives, microfinance institutions, financial transfer services, and one development bank, SOFIDE. A postal checking system and several credit cooperatives exist and the Citibank-DRC, a wholly-owned subsidiary of Citigroup, is the only U.S. bank in the DRC.
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A market of around 70 million people;
18 commercial banks, 1 saving bank;
3 specialized financial institutions;
3 institutions of electronic money;
2 saving and credit cooperatives;
23 micro-finance institutions;
55 Messengers and 15 currency exchange offices;