Commercial Bank Group, is a financial services organization in Central Africa. The Group's headquarters are located in
Douala
Douala is the largest city in Cameroon and its economic capital. It is also the capital of Cameroon's Littoral Region. Home to Central Africa's largest port and its major international airport, Douala International Airport (DLA), it is the com ...
, Cameroon, with subsidiaries in Cameroon,
Chad,
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 th ...
,
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
Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the C ...
*
Commercial Bank Chad (CBT) -
Chad
*
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 Comm ...
(CBCA) -
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 th ...
*
Commercial Bank Equatorial Guinea (CBGE) -
Equatorial Guinea
*
Commercial Bank São Tomé and Príncipe (CBSTP) -
São Tomé and Príncipe
*
SFA Financial Products -
Cameroon
Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the C ...
- Commercial Bank Group has 51.4% shareholding.
Ownership
The member companies of the group are all privately owned. In 2005, Commercial Bank Group created a
bank holding company
A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well.
United States ...
, named
Capital Financial Holdings S.A. (CFH), which
is the controlling entity in each of the subsidiary companies. CFH is headquartered in
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
, but maintains a subsidiary in
Yaoundé
Yaoundé (; , ) is the capital of Cameroon and, with a population of more than 2.8 million, the second-largest city in the country after the port city Douala. It lies in the Centre Region of the nation at an elevation of about 750 metres (2,50 ...
, Cameroon.
CFH Maintains Headquarters In Luxembourg
/ref>
See also
* Commercial Bank of Cameroon
* 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 Comm ...
* 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 Africa ...
External links
Website of Commercial Bank Group
Website of Central Bank of Central African States
References
{{coord missing, Cameroon
Banks of Cameroon
Companies based in Douala