Nine years after the collapse of PosteBank SA, a subsidiary of La Poste whose 2017 bankruptcy abruptly froze lifetime savings, the government is finally taking action. Through a statement from the Ministry of Communication issued on June 6, 2026, Libreville announced the official launch of a large-scale census of affected savers, an essential step before compensation.
The countdown has begun. From June 8 to 11, 2026, La Poste offices across the country will open from 8 a.m. to 5 p.m. to welcome affected customers. To be included in the lists and claim their rights, individuals must bring a valid ID and any document proving their deposits. The purpose of this quick update is clear: to ensure the database is reliable and up-to-date to prevent fraud and guarantee that every CFA franc returns to its rightful owner.
A transition promise nearing fulfilment
This initiative marks a major political shift. While the previous regime was known for empty promises, the authorities of the Fifth Republic reaffirmed in February 2025 their firm commitment to settle this painful social debt. By bringing this issue back to the forefront, the current administration aims to restore the broken trust between the state and its citizens.
Over 31 billion CFA francs for individuals
The financial and human stakes are enormous. According to official data, nearly 60,000 individual savers were directly affected by this historic freeze. To settle this debt, the state has set aside a total budget of 31.212 billion CFA francs. The repayment will be spread over three years, with one-third of the total amount paid each year. As for businesses, also caught in the bankruptcy, their claims are estimated at 41.154 billion CFA francs. Although their payment schedule is still to be determined, the reimbursement process is underway.
