Afriland First Bank
 | |
| Type | Joint stock |
|---|---|
| Industry | Finance |
| Founded | 1987 |
| Headquarters | 1063 Place de l'Indépendance Yaoundé, Cameroon |
Key people | Jean Paulin Fonkua Chairman[1] Alphonse Nafack General Manager |
| Products | Financial services |
| Revenue |  Aftertax: €19,186,000) (2016)[2] |
| Total assets | €2.98 billion (2016)[2] |
| Website | http://www.afrilandfirstbank.com |
Afriland First Bank is a full-service bank in Cameroon, with subsidiaries in the Democratic Republic of the Congo, Equatorial Guinea, Guinea, Liberia, South Sudan, São Tomé and Príncipe, Uganda[3] and Zambia. The bank was founded in Yaoundé in 1987 under the name of Caisse Commune d'Epargne et d'Investissement. It is the largest financial services group in Cameroon.
Overview[]
The bank is a large financial services provider in with global customer deposits in excess of €1,840,404,000, as of December 2016. The bank with its subsidiaries around the world had a combined asset base valued at €2.98 billion in December 2016.[2]
Subsidiaries[]
As of October 2019 the bank maintains subsidiaries in the following countries:[4]
- Equatorial Guinea
- CCEI Bank GE - São Tomé and Príncipe
- First Bank São Tomé and Príncipe - Democratic Republic of the Congo
- Afriland First Bank DRC - Liberia
- Afriland First Bank Liberia - South Sudan
- Afriland First Bank South Sudan - Guinea
- Afriland First Bank Guinea - Ivory Coast
- Afriland First Bank Ivory Coast - Uganda
- Afriland First Bank Uganda Limited.[5] - Zambia
- Intermarket Bank (80 percent shareholding)[6]
Representative offices[]
In the following countries, the bank has representative offices only:
- Paris, France
- Afriland First Bank Paris - Beijing, China,
- Afriland First Bank China - Brazzaville, Republic of the Congo
- Afriland First Bank Congo Brazzaville
Branch network[]
As of December 2012, the bank maintains 32 networked branches inside the Republic of Cameroon.[7]
See also[]
References[]
- ^ "Members of Board of Directors". Archived from the original on 2011-09-09. Retrieved 2013-10-15.
- ^ Jump up to: a b c Afriland First Group (2017). "2016 Consolidated Financial Statements of Afriland First Group (Bank & International Subsidiaries" (PDF). Yaounde: Afriland First Group. Retrieved 7 October 2019.
- ^ Monitor Team (4 October 2019). "Bank of Uganda Grants Licenses To Opportunity Bank, Afriland First Bank". Daily Monitor. Kampala. Retrieved 7 October 2019.
- ^ Afriland First Bank Network
- ^ Paul Ampurire (4 October 2019). "BOU Issues Licenses To Two New Commercial Banks". Kampala: SoftPower Uganda. Retrieved 7 October 2019.
- ^ Afriland First Bank Acquires 80% Shareholding In Intermarket Bank Archived September 11, 2012, at the Wayback Machine
- ^ Tourism, Business in Cameroon, Economie, Banking, Energy, Comms, Media, Law, Insurance, Public management. "Afriland First Bank declares CFAF 300 billion profit in 2012, remains Cameroon's biggest bank - Business in Cameroon". Business in Cameroon. Retrieved 2017-08-16.
External links[]
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|---|---|
| General | |
| National libraries | |
- Banks of Cameroon
- Banks established in 1987
- Economy of Cameroon
- Yaoundé