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Ivorian banking group to acquire 50% of General Bank of Cameroon
Summary by Cameroon Intelligence Report
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Ivorian banking group to acquire 50% of General Bank of Cameroon
The Ivorian banking group NSIA has been selected to acquire a 50% stake in General Bank of Cameroon, formerly a subsidiary of Société Générale Cameroon, alongside CNPS. The transaction takes place amid a broader restructuring of the banking sector in Central Africa and the repositioning of international and regional financial players. It aims to strengthen governance and stability of a strategic bank for Cameroon’s economy. The deal also reflect…
·Cameroon
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