Banks in Ivory Coast remain closed

Ivory Coast’s banking association, the APBEF, ordered all banks in the West African nation to remain closed on Monday amid worsening unrest linked to a four-day nationwide army mutiny, banking and business officials said.

“There was an emergency meeting this morning and the APBEF took the decision that, for security reasons, all the banks would stay closed,” a senior official with Banque Atlantique, who asked not to be named, told reporters.

Reuters/Ime N