{"id":473590,"date":"2021-08-24T09:32:25","date_gmt":"2021-08-24T09:32:25","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=473590"},"modified":"2021-08-24T09:32:25","modified_gmt":"2021-08-24T09:32:25","slug":"centrafrique-bgfibank-brings-its-expertise-to-commercial-bank","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/08\/24\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\/","title":{"rendered":"Centrafrique: BGFIBank brings its expertise to Commercial Bank"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly sought for the financing of the Central African economy. It is to materialize this ambition of the authorities shared by the business circles of this country that the BGFIBank group, the leading bank in the sub-region with a turnover of more than 3,000 billion FCFA in 2020 (5, 3 billion dollars) has just forged a strategic partnership with Commercial Bank Centrafrique (CBCA).<\/p>\n<p>The new agreement initialed last week in Bangui by the two banking institutions consists in particular of strengthening the operational capacity of Commercial Bank Centrafrique whose objective is to &#8220;become the first bank that will support all businesses and economic operators within the framework of the financing for the economic development of the Central African Republic \u201d, indicated its leaders.<\/p>\n<p>According to sources, the partnership sealed by the two savings and credit institutions could materialize in the coming months by increasing the share capital of the CBCA which is currently 10 billion FCFA (17.8 million dollars) of which 71% of the shares are held by the Central African State.<\/p>\n<p>The Central African Republic needs funds to finance its economy in a difficult environment reinforced by the health crisis linked to the coronavirus which caused the growth rate to fall to 0.4% in 2020 against 4.5% in 2019. The BGFIBank therefore appears. as a partner of choice, this banking group having particularly shown financial solidity despite the difficult general economic context closing the year 2020 with a consolidated net income of 44 billion FCFA (78.4 million dollars), an increase of 114 % compared to the previous financial year.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The participation of savings and credit institutions under the jurisdiction of the Central African Banking Commission (COBAC) will be increasingly sought for the financing of the Central African economy. It is to materialize this ambition of the authorities shared by the business circles of this country that the BGFIBank group, the leading bank in the<\/p>\n","protected":false},"author":536282,"featured_media":473591,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12000,11996],"tags":[12295,3109,1316,186,19837],"class_list":["post-473590","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","category-banks-insurance","category-finance-en","tag-bank-en","tag-bgfibank","tag-centrafrique","tag-commercial-bank","tag-expertise","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Centrafrique: BGFIBank brings its expertise to Commercial Bank - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/08\/24\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centrafrique: BGFIBank brings its expertise to Commercial Bank\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/08\/24\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-24T09:32:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/08\/bgfibank-libreville-gabon-600x315-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Centrafrique: BGFIBank brings its expertise to Commercial Bank\",\"datePublished\":\"2021-08-24T09:32:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/\"},\"wordCount\":270,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/bgfibank-libreville-gabon-600x315-1.jpg\",\"keywords\":[\"Bank\",\"BGFIBank\",\"Centrafrique\",\"Commercial Bank\",\"expertise\"],\"articleSection\":[\"Bank\",\"Banks &amp; Insurance\",\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/\",\"name\":\"Centrafrique: BGFIBank brings its expertise to Commercial Bank - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/08\\\/24\\\/centrafrique-bgfibank-brings-its-expertise-to-commercial-bank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/bgfibank-libreville-gabon-600x315-1.jpg\",\"datePublished\":\"2021-08-24T09:32:25+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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