logoBC
Yaoundé - 16 January 2019 -
Bank

Cameroon provided 75% of loans granted in Cemac zone, in H1 2018

Cameroon provided 75% of loans granted in Cemac zone, in H1 2018
  • Comments   -   Friday, 14 December 2018 15:57

(Business in Cameroon) - Over the first six months this year, banks operating in Cameroon granted loans worth XAF3,372.1 billion, representing 75% of the XAF4,500.2 billion granted as loans within the Cemac zone the same period. This weight of Cameroon in Cemac loans in H1 2018 is 4% higher than the share the same period last year.

According to Cemac’s central bank Beac, Gabon came second behind Cameroon, providing XAF646.85 billion, or 14% of total amount of loans; ahead of Congo (4%), Equatorial Guinea (3%), Chad (3%) and Central African Republic (1%). Cameroon and Gabon alone, Beac says, granted 89.31% of the amount.

“With regards to type of beneficiaries, large companies and SMEs captured respectively 73.62% and 14.54% of loans. As for individuals they received just 4.52% of the aggregate loan amount,” detailed Beac.

BRM

Mags frontpage


Business in Cameroon n70-71: December 2018-January 2019

Who are Cameroon’s best buyers?

FEICOM, a major contributor to decentralization



Investir au Cameroun n80-81: Décembre 2018-Janvier 2019

Les meilleurs clients du Cameroune

Le FEICOM, un acteur majeur de la décentralisation