Banking and Finance
Our content covers the banking sector, financial markets, investment strategies, risk management, savings, credit systems, and international finance. This section analyzes economic trends, monetary policies, financial regulation, and corporate strategies that influence growth and economic stability.
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Auto Insurance: COVA and Maviance Partner to Digitize Subscription and Payment
Under a strategic agreement dated September 7, 2026, the Smobilpay payment platform, operated by fintech Maviance, now integrates COVA’s digital insurance brokerage offering for policy subscription and renewal into its network.
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BVMAC: Investor Returns Reach Record 103 Billion FCFA in 2025
According to the BVMAC activity report, investors who allocated part of their cash reserves to listed securities saw their interest and dividends surge by 28.5%
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BVMAC: Net Loss Up 41% Despite Revenue Growth
The unified stock exchange of the Central African Economic and Monetary Community is navigating a delicate financial phase. Rising operating costs and persistent major sovereign arrears continue to weigh heavily on the institution's balance.
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Africa: Africa50 Mobilizes $71 Million for Decentralized Renewable Energy
The continental organization Africa50 officially announced in early September 2026 the securing of $71 million in financial pledges intended to fund its specialized vehicle for decentralized renewable energy.
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Banking Sector: Coris Bank's Net Banking Income Reaches 78.9 Billion FCFA, Up 21.2%
Coris Bank International confirms the robustness of its operational model through the publication of its financial statements for the first half of 2026.
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Performance: SCB Cameroon Reports Total Balance Sheet of 912 Billion FCFA as of End-July 2026
Société commerciale de banque Cameroon (SCB Cameroon) confirms the solidity of its fundamentals based on the publication of its monthly balance sheet
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Banking Sector: CBC Claims 524.5 Billion FCFA in Loans Disbursed in First Half of 2026
Following the publication of its provisional financial situation mid-year, the credit institution highlights a balance sheet structure firmly anchored in short-term financing.
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Chanas Assurances: Georges Bela Onguene Appointed Managing Director
The appointment of Georges Bela Onguene to head Chanas Assurances and its specialized subsidiary on August 18, 2026, during the board of directors meeting, marks a turning point for the institution.
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BVMAC: Alios Finance Extends Its 13 Billion FCFA Loan to September 10
Targeted under number APE 04/26 by the subregional financial commission, the public solicitation launched on June 29 had an initial closing target of July 20, before obtaining a first extension to August 7, and once again being postponed to September 10.
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Banking Sector: Coris Bank and Ecobank Now Share First in West Africa
Driven by a 14.3% year-on-year expansion, the West African financial institution now captures 8.6% of the market share in the monetary zone, joining Ecobank at the top regional rank. Official data published by the Banking Commission set the group's asset base at 7,099 billion FCFA at the close of the 2025 fiscal year, up from 6,213 billion FCFA a year earlier, following the zone's growth pace of 14.1%.
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Trade: Partial Deployment of PAPSS Hinders Cameroonian Companies' Adoption
In a statement dated August 21, 2026, the Minister of Trade, Luc Magloire Mbarga Atangana, urges economic and institutional actors to rapidly adopt the Pan-African Payment and Settlement System. Although the BEAC connection was implemented on July 9, 2026, the majority of concerned entities have not yet deployed the required direct issuance modules to serve a continental market of 1.4 billion people.
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Public Securities Market: Cameroon Borrows at Lower Cost Than Its Cemac Neighbors
Latest statistics from the BEAC show that in July, the average cost of Treasury-assimilable bonds was set at 7.36% for Yaoundé, contrasting with the requirements imposed on Gabon (10.13%), the Central African Republic (10.24%), Congo (11.73%), and Chad (11.90%).
