As of 1999 there were six banks in Chad, including Banque de Developpement Tchadienne (BDT), Banque Tchadienne de Credits et de Depots (BTCD), Banque Meridien BIAO Tchad (BMBT, privately owned), Financial Bank Tchad, Banque Commercial du Chari (BCC), and the Banque Agricole du Soudan au Tchad (BAST). Estimated assets of Chad's banking system were about $100 million in 2002. Two major Chadian banks, BTCD and the BDT, were privatized in 1999. The International Monetary Fund reports that in 2001, currency and demand deposits—an aggregate commonly known as M1—were equal to $189.2 million. In that same year, M2—an aggregate equal to M1 plus savings deposits, small time deposits, and money market mutual funds—was $202.7 million. The discount rate, the interest rate at which the central bank lends to financial institutions in the short term, was 6.5%.
There were no securities exchanges in Chad, but a financial market was planned between the member countries of the UDEAC (Cameroon, Central African Republic, Chad, Congo/Brazzaville, Gabon, and Equatorial Guinea) to open by December 2000.