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Caisse d'Epargne de Madagascar S.A. (CEM SA) 
National Savings Bank of Madagascar

Rue Karija Tsaralalàna 21
MG 101 Antananarivo -  Madagascar
Tel.: +261 20 22 222 55    -  Fax: +261 20 22 271 33
E-mail: dg@cem.mg   -   Web: http://www.cem.mg/accueil.php

Legal Form: Joint-stock company
Organisation type: Savings bank


In Madagascar, CEM is the main institution which practises savings mobilisation for all categories of population. It does not yet distribute credits. Hence its mission is both social and community-oriented. Its principal functions are (i) promotion of individual savings and savings education; (ii) providing the public, in particular SMEs, with a variety of financial services; (iii) taking part in the financial markets through investments and (iii) contributing to the economic and social development of the country.