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Commercial Bank Group
Financial services organization in Central Africa From Wikipedia, the free encyclopedia
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Commercial Bank Group is a financial services organization in Central Africa. The Group's headquarters are located in Douala, Cameroon, with subsidiaries in Cameroon, Chad, Central African Republic, Equatorial Guinea and São Tomé and Príncipe.
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Overview
Commercial Bank Group is a large financial services conglomerate in Central Africa, with subsidiaries in five countries. The member institutions serve both individuals and businesses, with emphasis on small-to-medium enterprises (SMEs).[1]
Member companies
The companies that compose the Commercial Bank Group include, but are not limited to the following:[2]
- Commercial Bank of Cameroon (CBC) -
Cameroon - Commercial Bank Chad (CBT) -
Chad - Commercial Bank Centrafrique (CBCA) -
Central African Republic - Commercial Bank Equatorial Guinea (CBGE) -
Equatorial Guinea - Commercial Bank São Tomé and Príncipe (CBSTP) -
São Tomé and Príncipe - SFA Financial Products - Cameroon - Commercial Bank Group has 51.4% shareholding.[3]
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Ownership
The member companies of the group are all privately owned. In 2005, Commercial Bank Group created a bank holding company, named Capital Financial Holdings S.A. (CFH), which is the controlling entity in each of the subsidiary companies.[4] CFH is headquartered in Luxembourg, but maintains a subsidiary in Yaoundé, Cameroon.[5]
See also
External links
- Website of Commercial Bank Group (in French and English)
- Website of Central Bank of Central African States (in French)
References
Wikiwand - on
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