Gabon launches savings recount for postbank victims

Nine years after the collapse of PosteBank SA, a subsidiary of La Poste whose 2017 bankruptcy froze lifelong savings overnight, the government is finally taking decisive action. Through an official statement from the Ministry of Communication, authorities in Libreville announced the start of a nationwide effort to identify and compensate affected depositors.

The countdown has begun. From June 8 to 11, 2026, all Post Office branches across Gabon will open their doors from 8 AM to 5 PM to assist victimized savers. To secure their rightful reimbursement, individuals must present a valid ID and any documentary proof of their deposits. This rapid verification drive aims to update records, prevent fraud, and ensure every CFA franc finds its way back to its rightful owner.

Restoring trust through action

This initiative represents a major political turning point. While the previous administration failed to deliver on promises, the current leadership, since February 2025, has made resolving this social burden a top priority. By prioritizing this long-overdue compensation, the government seeks to rebuild the broken trust between citizens and the state.

Over 31 billion francs to be repaid to individuals

The financial and human stakes are immense. Official figures indicate nearly 60,000 individual depositors were directly affected by the freeze. To settle these claims, the government has allocated a total recovery fund of 31.212 billion francs CFA, to be disbursed over three years—one-third of the total amount annually. While corporate creditors, also impacted by the collapse, hold claims estimated at 41.154 billion francs CFA, their repayment schedule remains under review. One thing is certain: the repayment process is now fully underway.