“(Business in Cameroon) - Exceptional”. This is how the Managing Director of the Cameroon Standard Chartered Bank, Mathieu Mandeng, characterised the results garnered in 2013. Mr Mandeng highlights that, “for the first time, we had a performance that surpassed our budget. We passed it by 16% with sales figures amounting to 14 billion FCfa (29.5 million dollars)”. This performance is up by 28% with gross profits reaching 3.8 billion FCfa (8 million dollars) - an increase of 35%.

The Managing Director of the Standard attributes them to “a combination of business opportunities […] and the commitment and motivation” of the bank’s staff. A commercial bank, the Standard Chartered Bank has the major groups of the oil, mining, telecommunications, electricity and agro-foods.  

The banking institution is also a major partner of the Cameroonian government. In 2013, the Minister of Finance, for example, bestowed on its Managing Director, the “best government-issued securities placer” on the BEAC market.