Union Bank of Cameroon explained

Union Bank of Cameroon Plc. (UBC), is a commercial bank in Cameroon. It is one of the commercial banks licensed by the Central Bank of Central African States, the national banking regulator.[1]

History

UBC was established in 1999 by a network of credit unions in Cameroon to provide retail banking services to individuals and businesses. In 2008, Oceanic Bank, a regional banking conglomerate based in Lagos, Nigeria, acquired majority shareholding in UBC, becoming the core investor.[2]

See also

External links

Notes and References

  1. News: Cameroon: Banking Boom in Cameroon. Vubem. Fred. 2009-06-11. Cameroon Tribune (Yaoundé). 2017-08-16.
  2. http://www.unionbankcameroon.com/index.php/en/about-us.html History of Union Bank of Cameroon