Gabon President Restores Savings to Poste Bank Customers After Decade — Long Wait BODY: Libreville, Gabon – June 20, 2026 – Gabon’s President, Brice Clotaire Oligui Nguema, has initiated the remittance of savings for former customers of Poste SA, a financial institution that suspended operations in the past, impacting the savings of its depositors.
The government has allocated 10 billion FCFA for the first phase of the remittance process. This move follows a national verification campaign that identified 18,972 beneficiaries with savings up to 5 million FCFA, to be paid via cash vouchers, with an additional 540 to receive funds through bank transfers.
The operation marks a significant step towards resolving the Poste Bank crisis and has been warmly received by affected depositors. Poste Bank faced operational issues that led to its suspension, causing distress among its customers. President Oligui Nguema’s government has been actively involved in addressing the issue, demonstrating a commitment to protecting the interests of the citizens.
The 10 billion FCFA allocated for the remittance operation is part of the government’s efforts to compensate depositors whose savings were locked up due to the bank’s problems.
The national verification campaign was a crucial step to ensure fair and secure distribution of funds, with beneficiaries spread across the country, primarily in Libreville, the capital city.
The use of cash vouchers is intended to facilitate immediate access to funds, although some concerns have been raised about the logistics of cash distribution and the potential for fraud.
The success of this initial phase hinges on the government’s ability to manage the logistics effectively and ensure that all eligible depositors receive their funds. Experts have praised the government’s decision to allocate funds for the remittance process, highlighting it as a positive step towards restoring public confidence in the financial sector.
As the operation progresses, the government is expected to continue monitoring the situation closely.
The success of this initial phase could set a precedent for future efforts to address similar financial crises in Gabon and across the region.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: Agpgabon
Source: Redaction
