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.
Trending
- Djibouti opens its doors to international investors at the inaugural Djibouti Forum
- Senegal – Rwanda: Meeting between two indigenous models
- Sanlam – Allianz: Delphine Traoré and Robert Dommisse are placing their personnel
- Unlocking Africa’s Potential: Emphasizing Quality of Life over Endless Population Growth
- Nigeria’s Housing Minister Chairs First Session of 2024 UN-Habitat Executive Board in Nairobi
- BRVM Investment Days roadshow at Johannesburg Stock Exchange
- South Africa: Economic scenario if the ANC is forced into a coalition (Moody’s)
- BII appoints Daniel Hanna, Global Head of Sustainable Finance at Barclays, as new Non-Executive Director