CDEC BANK : Moore Stephens CA to conduct feasibility studies
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Cabinet Moore Stephens
(LVDE) – By entrusting the British firm Moore Stephens CA with the preparatory feasibility studies for the creation of a new banking subsidiary—designed to improve access to financing for SMEs and infrastructure projects—the Caisse des Dépôts et Consignations du Cameroun (CDEC) has taken a crucial step in its institutional development.
The Caisse des Dépôts et Consignations du Cameroun (CDEC) recently announced significant progress in its expansion process by awarding a contract to the British firm Moore Stephens CA to conduct feasibility studies for the establishment of a banking subsidiary. This initiative aims to strengthen the national banking sector while facilitating access to financing for small and medium-sized enterprises (SMEs) and infrastructure projects.
The contract was awarded through a restricted national call for tenders, launched under an emergency procedure on June 4, 2025. Valued at 96.5 million CFA francs, it is to be completed within four months. During this period, Moore Stephens CA, a leading player in financial advisory and auditing, will assess the regulatory and legal framework required for the creation of the new subsidiary. The process will also include the design of a viable business and financial model and the proposal of a range of products and services tailored to the needs of Cameroonian economic actors.
Among the services under consideration, the future CDEC Bank is expected to offer long-term loans, guarantees, leasing solutions, and innovative financing mechanisms to address the specific challenges of the local market. This strategic direction is part of a broader objective: to enhance CDEC’s capacity to mobilize, manage, and optimize public financial resources while supporting the State and decentralized local authorities in implementing infrastructure projects.
The creation of this banking subsidiary could also play a pivotal role in supporting Cameroonian companies seeking to go public by providing them with tailored strategic advisory services. The initiative aims to improve access to finance for SMEs, which often face difficulties securing loans from traditional banking institutions.
Although no official launch date has yet been announced, the project clearly demonstrates a strong commitment to deepening Cameroon’s banking sector, which currently comprises 19 institutions. It also reflects CDEC’s ambition to play a structuring role in the transformation of the national financial system.
Founded fifteen years ago, the CDEC only became fully operational in 2024. Its first months of activity were marked by tensions with certain commercial banks accused of failing to comply with legal obligations regarding the transfer of dormant assets. By establishing its own banking subsidiary, CDEC seeks to gain greater operational autonomy and better meet the country’s financing needs.
In conclusion, awarding this contract to Moore Stephens CA represents a decisive step for the CDEC in its pursuit of expansion and its mission to strengthen development financing in Cameroon. The creation of this new banking entity could reshape the country’s financial landscape by making financing more accessible and supporting local economic initiatives. The coming months will be crucial for the implementation of this ambitious project, which could have far-reaching impacts on the Cameroonian economy.
Tressy Chouente
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