CREDIT OFFERINGS : AFG Bank Rises as the Second-Largest Lender in the Cameroonian Banking Market
La voix des entreprises 
L’une des agence AFG BANK Cameroun
(LVDE) — The latest data published by the Bank of Central African States (BEAC) confirms the growing influence of AFG Bank Cameroon within the national banking sector. In the first quarter of 2025, the institution climbed to the position of the country’s second-largest credit distributor, reflecting the gradual consolidation of the Atlantic Financial Group across this strategic market in the CEMAC region.
The Cameroonian banking market, recognized as the most dynamic in the CEMAC subregion, has witnessed a significant shift with the strengthening of AFG Bank Cameroon. A subsidiary of the pan-African Atlantic Financial Group, the bank now stands as the second key player in terms of credit offerings at the close of Q1 2025. This performance underscores a notable step up for the institution, which is actively consolidating its position.
According to official BEAC statistics, AFG Bank Cameroon captured 13.26% of new credit allocations over the period, within a market totaling 1,827.9 billion FCFA. This market share positions the bank just behind BICEC, in an environment where financing volumes are heavily contested among a few major institutions. Competition remains intense, with narrow margins separating leading players, including SCB Cameroon, BGFI Bank Cameroon, and SGBC, further highlighting the significance of AFG Bank’s achievement.
This upward trend occurs in a context where Cameroon continues to drive the CEMAC credit market, absorbing more than 58% of new regional financing on its own. The position held by AFG Bank is therefore more than a simple ranking; it reflects a tangible ability to mobilize substantial resources and meet the demands of a market characterized by selective and high-level needs.
An analysis of the structure of newly issued credits reveals a strong focus on corporate financing. SMEs and, in particular, large enterprises account for the majority of funds, with a clear emphasis on working capital and short-term projects. In this environment, AFG Bank Cameroon’s responsiveness and capacity to rapidly structure significant financing emerge as major competitive advantages.
Beyond the numbers, this performance illustrates a clear strategy of consolidation in a market considered strategic by Atlantic Financial Group. By strengthening its position among the country’s leading lenders, AFG Bank Cameroon directly supports the financing of the national economy while simultaneously reinforcing the regional influence of its parent company. This dynamic has the potential, in the short to medium term, to sustainably reshape the balance of power within Cameroon’s banking sector.
Tressy Chouente
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