By Achille Mog Pibasso, Douala. The Central African Banking Commission (COBAC) declared that the approval of the Bank of Africa group (BOA) to open a subsidiary in Cameroon has lapsed. The decision of the banking regulator in Central Africa, disrupts the banking system in Cameroon where Moroccan groups are present. In addition to Attijariwafa Bank…...
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Cameroon: Moroccan banking group Bank Of Africa sursis
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BOA, which obtained the approval of the Central African Banking Commission in 2016 and whose authorization from the Cameroonian government dates back to May 8, 2017 can no longer in the current state, deploy its brand in the country.
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