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Commercial Bank Centrafrique
Commercial Bank Centrafrique CBCA, is one of the largest banks in the Central African Republic. It is a member of the Commercial Bank Group and is affiliated with the Commercial Bank Tchad (CBT), the Commercial Bank of Cameroon (CBC), the Commercial Bank Equatorial Guinea (CBGE) and Commercial Bank São Tomé and Príncipe (CBSTP). See also * Commercial Bank Group * Commercial Bank of Cameroon * Central Bank of Central African States The Bank of Central African States (french: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa: *Cameroon *Central African ... References External linksCBCA's page at Annulaires Afrique Companies of the Central African Republic Banks of the Central African Republic Banks with year of establishment missing {{CentralAfricanRepublic-stub ...
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Bangui
Bangui () (or Bangî in Sango, formerly written Bangi in English) is the capital and largest city of the Central African Republic. It was established as a French outpost in 1889 and named after its location on the northern bank of the Ubangi River (french: Oubangui); the Ubangi itself was named from the Bobangi word for the "rapids" located beside the settlement, which marked the end of navigable water north from Brazzaville. The majority of the population of the Central African Republic lives in the western parts of the country, in Bangui and the surrounding area. The city forms an autonomous commune (''commune autonome'') of the Central African Republic which is surrounded by the Ombella-M'Poko prefecture. With an area of , the commune is the smallest high-level administrative division in the country, but the highest in terms of population. it had an estimated population of 889,231. The city consists of eight urban districts (''arrondissements''), 16 groups (''groupement ...
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Central African Republic
The Central African Republic (CAR; ; , RCA; , or , ) is a landlocked country in Central Africa. It is bordered by Chad to the north, Sudan to the northeast, South Sudan to the southeast, the DR Congo to the south, the Republic of the Congo to the southwest, and Cameroon to the west. The Central African Republic covers a land area of about . , it had an estimated population of around million. , the Central African Republic is the scene of a civil war, ongoing since 2012. Most of the Central African Republic consists of Sudano-Guinean savannas, but the country also includes a Sahelo- Sudanian zone in the north and an equatorial forest zone in the south. Two-thirds of the country is within the Ubangi River basin (which flows into the Congo), while the remaining third lies in the basin of the Chari, which flows into Lake Chad. What is today the Central African Republic has been inhabited for millennia; however, the country's current borders were established by ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Commercial Bank Group
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). Member companies The companies that compose the Commercial Bank Group include, but are not limited to the following: * 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% shar ...
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Commercial Bank Of Cameroon
Commercial Bank Cameroon (CBC), also referred to as Commercial Bank of Cameroon, is a commercial bank in Cameroon. It is one of the 14 Cameroonian commercial banks licensed by the Central Bank of Central African States, the national banking regulator. The bank caters to both individuals and businesses through a variety of financial products. CBC is the flagship of the Commercial Bank Group, headquartered in Douala, Cameroon, with subsidiaries in Chad, Central African Republic, Equatorial Guinea and São Tomé and Príncipe. History In 1997, following the closure of the Cameroonian operations of several International banks, including Crédit Agricole, BICIC and Meridien BIAO, Cameroonian corporate investors, private Cameroonian citizens and the German Investment Corporation (DEG), pooled resources and put together FCFA 3 billion (approximately US$6.5 million) to start Commercial Bank of Cameroon. Over the years, the owners of CBC have expanded their operations to four other Cent ...
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Central Bank Of Central African States
The Bank of Central African States (french: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa: *Cameroon *Central African Republic *Chad *Equatorial Guinea *Gabon *Republic of the Congo In December 2010, a WikiLeaks memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole US$36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties. Governors Philibert Andzembe of Gabon was Governor of the Bank of Central African States from July 2007 until October 2009, when he was fired by the new president of Gabon, Ali Bongo, in response to a bank scandal in which $28.3 million went missing from the bank's Paris branch. Jean Félix Mamalepot, also from Gabon, was Governor for the preceding 17 years.
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Companies Of The Central African Republic
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Of The Central African Republic
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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