logoBC
Yaoundé - 25 May 2020 -
Finance

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.

BRM

medicis-sarl-to-invest-about-xaf6-bln-in-the-construction-of-a-haemodialysis-centre-in-cameroon
Medicis Sarl plans to invest XAF5.7 billion for the construction of a haemodialysis centre in Cameroon. To encourage and facilitate the realization of...
electronic-tolls-cameroon-finally-signs-a-construction-contract-with-razel-bec-egis-project-consortium
On 18 May 2020, the Cameroonian government finally signed a contract for the construction of the country's first 14 electronic toll booths with the...
no-microfinance-institution-operating-in-cameroon-published-their-tariff-conditions-in-h1-2019-as-the-regulation-requires-beac-study
The Bank of Central African States (Beac) recently published a study titled: “Publication des conditions tarifaires par les banques au Cameroun :...
cameroon-transit-fees-collected-on-chad-cameroon-pipeline-surged-by-24-32-to-xaf36-59-bln-in-2019-snh
In 2019, Cameroon generated XAF36.59 billion (+24.32%) of transit revenues on the Chad-Cameroon pipeline, according to figures recently published by the...

Mags frontpage


Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration


«Central Africa is facing enormous challenges» - AfDB


Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration


« L’Afrique centrale est confrontée à d’énormes défis » (BAD)