Commercial Bank Group Explained

Commercial Bank Group
Type:Private
Foundation:1997
Location:Douala, Cameroon
Industry:Banking and Finance
Homepage: Homepage

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.

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]

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), whichis 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

Notes and References

  1. http://www.ifc.org/ifcext/media.nsf/content/SelectedPressRelease?OpenDocument&UNID=196C552B95C80E58852573AF005954B5 About Commercial Bank Group
  2. https://web.archive.org/web/20041108011700/http://www.cbc-bank.com/page.php?langue=en&id=17&rub=16&pole=1 Members of Commercial Bank Group
  3. https://web.archive.org/web/20120314080845/http://www.cbc-bank.com/page.php?langue=en&id=29&rub=28&pole=2 About SFA Financial Products
  4. Web site: Enterprise Architecture Software for Digital Transformation MEGA. Enterprise Architecture Software for Digital Transformation MEGA. en. 2017-08-16.
  5. http://www.eib.org/projects/pipeline/2005/20050253.htm CFH Maintains Headquarters In Luxembourg