National Financial Credit Bank

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National Financial Credit Bank SA (NFCB) is a commercial bank in Cameroon. It is one of the fourteen licensed commercial banks in the country.[1]

History

NFCB was formed in 1989 as National Finance Credit Company' (NFCC). Since its inception, NFCC functioned as a savings and credit institution. In 2006, NFCC received a full banking license and rebranded to its current name. Upon the direction of the Central Bank of Central African States, Loita Capital Partners International, a Mauritius-based investment banking company, was invited to invest in NFCB and provide technical and expert guidance during the transition from a savings and credit institution to a fully fledged commercial bank.[2] It was founded by an Oshie man from Ambazonia by the name of Awanga

Branches

As of January 2007, NFCC maintained seven networked branches across Cameroon.

External links

See also

References

  1. ^ Vubem, Fred (2009-06-11). "Cameroon: Banking Boom in Cameroon". Cameroon Tribune (Yaoundé). Retrieved 2017-08-16.
  2. ^ History of NFCB