| Afriland First Bank | |
| Type: | Joint stock |
| Foundation: | 1987 |
| Location: | 1063 Place de l'Indépendance Yaoundé, Cameroon |
| Key People: | Jean Paulin Fonkua Chairman[1] Alphonse Nafack General Manager |
| Assets: | €2.98 billion (2016) |
| Revenue: | Aftertax: €19,186,000) (2016) |
| Industry: | Finance |
| Products: | Financial services |
| Homepage: | 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 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.
The bank is a large financial services provider in with global customer deposits in excess of €2,840,404,000, 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]
the bank maintains subsidiaries in the following countries:[3]
- CCEI Bank GE
- Afriland First Bank Liberia
- Afriland First Bank Guinea
- Intermarket Bank (80 percent shareholding)[4]The banking group was granted a commercial banking license by the Bank of Uganda, in September 2019.[5] After starting operations on 1 December 2020, the subsidiary voluntarily surrendered its banking license in May 2022, following a "strategic business review" by Afriland Group, who were the shareholders.[6]
In the following countries, the bank has representative offices only:
- Afriland First Bank Paris
- Afriland First Bank China, the bank maintains 32 networked branches inside the Republic of Cameroon.[7]