(Business in Cameroon) - As of June 30, 2012, the bank held 18.6% of the total deposits in Cameroon. In absolute terms, 483.9 billion francs CFA lies in the coffer of this Cameroonian bank, according to our sources at the Ministry of Finance.
Afriland First Bank is a full-service bank operating in Cameroon, Equatorial Guinea, Liberia, and São Tomé and Príncipe. The bank was created in Yaoundé in 1987 under the name Caisse Commune d'Epargne et d'Investissement. Afriland First Bank Cameroon operates 23 branches in the country. The bank, a premier financial institution in Cameroon, also serves the entrepreneurs and the rural sector of the country.
BICEC follows with 441.3 billion francs CFA, SGBC has FCFA 421.4 billion meanwhile NFC-Bank, Banque Atlantique du Cameroun and BGFI-Bank have less than 7% of the total deposit estimated at 2604.1 billion francs CFA.
JV