This State Department web site is a permanent electronic archive of information released prior to January 20, 2001. Please see the current site for material released since that date. Contact us with any questions about finding information. The commercial bank loan guarantee requirements are severe and the cost of credit very high. Local banking services, instruments and products are very limited.
Credit is short term and is granted to preferred, long established clients.
Resources reserved for the small entrepreneur are insufficient. Private enterprise is handicapped by the lack of medium to long term bank loans, and by the absence of other lending or financing institutions. Chad has no investment bank. Exchange operations and capital movements of all kinds between Chad and foreign countries are subject to ministerial approval. Chadians and foreigners can execute transactions through the major banks, the Central Bank and the postal administration.