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BEAC chooses WAFA Gestion to invest the funds of CRBC in CEMAC and WAEMU

BEAC chooses WAFA Gestion to invest the funds of CRBC in CEMAC and WAEMU
  • Comments   -   Monday, 12 February 2018 16:31

(Business in Cameroon) - The Bank of Central African States (BEAC)  has chosen WAFA Gestion,which is 66% owned by the Morrocan group Attijariwafa, to invest the financial assets of its retirement fund (CRBC) in CEMAC and WAEMU.  

On April 18, 2017, when BEAC issued the bid solicitation, it indicated that the fund had  put in place a guarantee  supplementary benefit plan for its retired staff and entitled family members.

Created in 1999, CRBC is an integral part of BEAC but, it is autonomously managed. Its resources are entrusted to portfolio management companies for set mandates with  WAFA Gestion being the current choice.

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