logoBC
Yaoundé - 20 April 2024 -
Finance

Banque Atlantique Cameroun internationalises money transfers from its automatic teller machines

Banque Atlantique Cameroun internationalises money transfers from its automatic teller machines
  • Comments   -   Wednesday, 15 June 2016 18:41

(Business in Cameroon) - The Cameroonian subsidiary of the Ivorian banking group Banque Atlantique has now available to its clients automatic teller machines (ATM) which can offer more services such as transfers or change of PIN code for the client’s magnetic card.

The novelty is however in the fact that, we officially learn, this new equipment enables a client holding an account in Cameroon to make money transfers to other accounts “held in any of the 8 countries in the Banque Atlantique network” in Africa, being: Benin, Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Niger, Senegal and Togo.

As a reminder, Banque Atlantique debuted on the Cameroonian market in 2010, after buying out Amity Bank, a local institution in difficulty. Since 2011, a decision until now ineffective from the Common Justice Court of the CEMAC questioned this transaction between the Cameroonian government and the Ivorian banking group, following a referral order by the shareholders of Amity Bank.

BRM

api-signs-key-agreements-to-boost-investor-access-to-economic-zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
cameroun-repays-cfa39-8bn-debt-with-new-borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
cemac-raises-cfa4-336tn-in-2023-public-securities-cfa2-5tn-less-than-waemu
In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...
cameroon-minister-urges-african-restaurants-to-unite-on-geographic-indications
Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »