Yaoundé - 23 September 2020 -

Cameroon: Commercial banks recorded XAF75.5 bln of net result in 2019 (Ministry of Finance)

Cameroon: Commercial banks recorded XAF75.5 bln of net result in 2019 (Ministry of Finance)
  • Comments   -   Friday, 03 April 2020 14:20

(Business in Cameroon) - In 2019, the 15 credit institutions operating in Cameroon realized a net result of XAF75.5 billion, according to the Ministry of Finance.

At the same time, their balance sheet reached XAF6,472.40 billion while deposits were estimated at XAF487 billion and XAF3,664.4 billion for credits.

According to banking professionals, this year, despite the recent measures taken by the CEMAC Monetary Policy Commission to boost the activities of banks in the current health crisis, activities will not be as good as the 2019 performance.


Cameroon's Directorate-General of Customs recently hosted a meeting aimed at ensuring the consistency of the draft regulation on the creation,...
Thanks to Hilli Episeyo (the floating natural gas liquefaction plant commissioned off the coast of Kribi in 2018), Cameroon has become one of the four...
In Q2-2020, the treasury bills issued by Cameroon, Gabon, and Congo (to a lesser extent) were the most sought after, according to the quarterly bulletin...
In Q2-2020, the global prices of agricultural products exported by CEMAC countries dropped by 7.6%, according to the commodity price index recently...

Mags frontpage

Business in Cameroon n91: September 2020

Covid-19 Insights from entrepreneurs

Land squabbles between citizens and the government

Investir au Cameroun n101 Septembre 2020

Covid-19 Des entrepreneurs s’expriment

Les populations défendent leur patrimoine foncier

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month