Okapital

Finance & Banking

The Congolese financial system operates primarily through the Central Bank and is comprised of 19 licensed banks, a national insurance company (SONAS) and the National Social Security Institute (INSS), one development bank, SOFIDE, 120 micro finance institutions and cooperatives. There is no equity market or debt market. The bulk of the banking system is based on banks and the aggregate holdings of banks, estimated at $5.1 billion, accounts for about 95 percent of the overall holdings of the financial system.

Okapital plans on operating in the capital market and portfolio investment by developing a local stock exchange. Also, in money and banking systems where we plan on implementing a virtual bank for financial inclusion of the most rural inhabitants.