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DR Congo central bank, Citibank discuss reserves, compliance as gold strategy shifts

DR Congo central bank, Citibank discuss reserves, compliance as gold strategy shifts

The Democratic Republic of Congo’s central bank held talks with Citibank on reserve management and compliance after a meeting in Kinshasa on April 14, 2026, between Governor André Wameso and a delegation from the U.S. bank.

In a statement, the Central Bank of the Congo (BCC) said discussions focused on foreign exchange reserve management, best practices for monetary gold holdings and compliance requirements for financial institutions.

Citibank backed the BCC’s plan to build gold reserves. The central bank also signaled it wants to strengthen cooperation with Citi through technical support and expertise in reserve asset management.

The talks come as the BCC shifts its reserve strategy, with growing interest in gold as a stabilizing asset. They also reflect efforts to align more closely with international standards, particularly on governance and compliance.

No formal agreement was announced, and discussions remain at the level of technical cooperation, with both sides exploring potential collaboration as central banks seek to improve reserve management and strengthen integration into the global financial system.

Citibank, a subsidiary of Citigroup, has operated in the Democratic Republic of Congo since 1971. It mainly serves multinational companies, public institutions and large enterprises, offering treasury management, trade finance and institutional financial services.

Ronsard Luabeya

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