1.0MADAGASCAR YEARBOOK ECONOMIC REPORThttps://madagascar.yearbook-media.com/enMadagascar - Banque - Le système bancairerich600338<blockquote class="wp-embedded-content" data-secret="3V1SZjJxmE"><a href="https://madagascar.yearbook-media.com/en/madagascar-banque-le-systeme-bancaire/">Madagascar – Bank <br>– The banking system</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://madagascar.yearbook-media.com/en/madagascar-banque-le-systeme-bancaire/embed/#?secret=3V1SZjJxmE" width="600" height="338" title="“Madagascar – Banque <br>– Le système bancaire” — MADAGASCAR YEARBOOK RAPPORT ECONOMIQUE" data-secret="3V1SZjJxmE" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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</script>https://madagascar.yearbook-media.com/wp-content/uploads/2024/02/768px-Post_office_Antananarivo_Madagascar-e1708598709152.jpg768460The Malagasy banking landscape has changed significantly with the establishment of new foreign banks and microfinance institutions (MFIs). The banking sector is characterized by high levels of profitability but low levels of banking penetration.