Afriland First Bank
 | |
| Company 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[update] 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[update], 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.
- ^ 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 Mitor. 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.
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External links
| International | |
|---|---|
| National | |
