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National Financial Credit Bank

From Wikipedia, the free encyclopedia

National Financial Credit Bank SA (NFCB) is a commercial bank in Cameroon. It is one of the fourteen licensed commercial banks in the country.[1]

History

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NFCB was formed in 1989 as National Finance Credit Company' (NFCC). Since its inception, NFCC functioned as a savings and credit institution. In 2006, NFCC received a full banking license and rebranded to its current name. Upon the direction of the Central Bank of Central African States, Loita Capital Partners International, a Mauritius-based investment banking company, was invited to invest in NFCB and provide technical and expert guidance during the transition from a savings and credit institution to a fully fledged commercial bank.[2] It was founded by an Oshie man from West Cameroon by the name of Awanga.

Branches

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As of January 2007, NFCC maintained seven networked branches across Cameroon.

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See also

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References

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  1. ^ Vubem, Fred (2009-06-11). "Cameroon: Banking Boom in Cameroon". Cameroon Tribune (Yaoundé). Retrieved 2017-08-16.
  2. ^ History of NFCB