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Afriland First Bank Doubles Capital to $188m
Summary by Business Elites Africa
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4 Articles
Afriland First Bank is taking a major step forward in its development. The bank is announcing an effective increase in its share capital, which goes from 5...
Afriland First Bank is taking a new step in strengthening its own equity. Cameroon's bank is announcing an increase in its share capital of CFAF 60 billion, bringing it from CFAF 50 billion to CFAF 110 billion, an increase of 120%. An operation carried out by incorporation of reserves, with the authorization of the Central African Banking Commission (COBAC). This capital increase, decided by the Board of Directors and the General Assembly, is an…
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