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CEMAC eases rules for opening new bank branches – Cameroon Intelligence Report

Summary by Cameroon Intelligence Report

The Bank of Central African Countries has made it easier for banks to open new bank branches within the community. A new regulation, in effect since the beginning of the year, allows banking groups already licensed in one of the Cemac countries to expand into others without having to apply for additional approvals. “During its extraordinary session on December 20, 2024, in Libreville, the ministerial committee of the Central African Monetary Uni…

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Cameroon Intelligence Report

CEMAC eases rules for opening new bank branches – Cameroon Intelligence Report

The Bank of Central African Countries has made it easier for banks to open new bank branches within the community. A new regulation, in effect since the beginning of the year, allows banking groups already licensed in one of the Cemac countries to expand into others without having to apply for additional approvals. “During its extraordinary session on December 20, 2024, in Libreville, the ministerial committee of the Central African Monetary Uni…

4 days ago·Cameroon

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Cameroon Intelligence Report broke the news in Cameroon 4 days ago on Wednesday, February 19, 2025.

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