The National Bank of Equatorial Guinea (BANGE) is planning to move to Cameroon soon. The opening of a subsidiary was announced Monday, June 4 in Douala by Ebe Mba, the chairman of the board.
Indeed, Equatorial Guinea campaigns for the promotion of South-South trade, particularly within the Economic and Monetary Community of Central Africa (CEMAC). And according to the PCA of the banking institution, “the BANGE is a commercial bank with a universal character”.
Thus, procedures are being carried out to meet the conditions required by the Central African Banking Commission (COBAC) where the file has been filed.
It should be noted that the BANGE is the only public establishment in the Equatorial Guinean banking landscape. It opened in 2006 and currently enjoys a healthy financial situation.
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The Equatoguinean National Bank announces itself in Cameroon
Ndeye Magatte Kebe
Journaliste reporter à Financial Afrik, diplômée en Journalisme et communication à l’Institut Supérieur Entreprenariat ship et de Gestion (ISEG) de Dakar. Bloggeuse, panafricaniste, elle est membre de l’Union Internationale de la Presse Francophone (UPF). Maguette est une journaliste passionnée d’économie et d’actions humanitaires et intéressée par les questions liées au Genre surtout celles des femmes rurales.
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