Connect with us

Resources

List of Banks in Cameroon

List of Banks in Cameroon

Banking in Cameroon is a crucial component of the country’s financial sector. It is responsible for intermediating between savers and borrowers, enabling economic growth and development. The banking sector in Cameroon has seen steady growth in recent years, with the presence of both local and international banks. These banks offer a range of financial services, including deposit-taking, lending, foreign exchange transactions, money transfers, and insurance.

The Central Bank of Cameroon (Banque des Etats de l’Afrique Centrale – BEAC) regulates and supervises the country’s banking sector. It is responsible for ensuring stability and soundness in the financial system, as well as promoting financial inclusion and supporting economic growth.

Despite the growth in the banking sector, access to financial services remains a challenge for many Cameroonians, particularly those in rural areas. The government and the Central Bank of Cameroon have launched initiatives aimed at increasing financial inclusion and promoting the use of formal financial services.

Overall, the banking sector in Cameroon plays a critical role in supporting the country’s economic development, and efforts are ongoing to make it more inclusive and accessible to all.

Here’s a list of notable banks in Cameroon with their headquarters address:

SL No Bank Name Headquarters Address
1 Ecobank Cameroon Boulevard du 20 Mai, Yaoundé, Cameroon
2 United Bank for Africa (UBA) Cameroon Avenue Charles de Gaulle, Yaoundé, Cameroon
3 Société Générale Cameroon Avenue Charles de Gaulle, Yaoundé, Cameroon
4 Standard Chartered Bank Cameroon Avenue Winston Churchill, Yaoundé, Cameroon
5 Afriland First Bank Cameroon Avenue de la Révolution, Yaoundé, Cameroon
6 BICEC (Banque Internationale du Cameroun pour l’Epargne et le Crédit) Avenue de l’Indépendance, Douala, Cameroon
7 Crédit Foncier du Cameroun (CFC) Avenue de la Paix, Yaoundé, Cameroon
8 BGFI Bank Cameroon Avenue du Congrès, Douala, Cameroon
9 Union Bank of Cameroon (UBC) Avenue Joss, Yaoundé, Cameroon
10 Société de Banque Commerciale du Cameroun (SBC) Avenue des Champs Elysées, Douala, Cameroon

Please keep in mind that this information is subject to change, and it’s always best to check with the bank directly for the most accurate and up-to-date information.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Text Translator

Awards Ceremony

Click on the Image to view the Magazine

GBM Magazine cover


Global Brands Magazine is a leading brands magazine providing opinions and news related to various brands across the world. The company is head quartered in the United Kingdom. A fully autonomous branding magazine, Global Brands Magazine represents an astute source of information from across industries. The magazine provides the reader with up- to date news, reviews, opinions and polls on leading brands across the globe.


Copyright - Global Brands Publications Limited © 2024. Global Brands Publications is not responsible for the content of external sites.

Translate »