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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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%).
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Regional Financial Market: Cameroon, Congo and Chad Seek 90 Billion FCFA
From August 24 to 26, 2026, the governments of Brazzaville, N'Djamena and Yaoundé aim to jointly secure a total envelope of 90 billion FCFA to address their short- and medium-term cash shortfalls.
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Budget Transparency: Cameroon Remains Below Minimum U.S. Requirements
Published on August 11, 2026 by the U.S. Department of State in its "Fiscal Transparency Report", the annual analysis covering fiscal year 2025 reveals that only 16 African states fully meet the minimum financial honesty requirements to qualify for development assistance.
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Tax Governance: Customs and CRadec Unite Against Illicit Financial Flows
Faced with revenue losses at borders, interinstitutional cooperation has taken a resolutely offensive turn. Hélène Elise Etaba Bikoun, Acting Director General of Customs, received Jean Mballa Mballa, Executive Director of the African Regional Centre for Endogenous and Community Development, in audience on August 19, 2026. The discussions centered on preparatory consultations for the 2027 Finance Law.
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IPO: Dangote Petroleum Refinery Secures $1 Billion Guarantee
The consecutive financial arrangement mandate awarded in August 2026 to Marob Strategies, led by former Afreximbank president Benedict Oramah, and Lilium Capital Group, chaired by investor Simon Tiemtoré, seals a $1 billion (approximately 600 billion FCFA) firm commitment program for Dangote Petroleum Refinery & Petrochemicals.
