FINANCIAL SECTOR : BGFIBank Cameroon Raises Its Capital to CFAF 50 Billion Following Record Results
La voix des entreprises 
From left to right : Abakal Mahamat, Managing Director of BGFIBank Cameroon; Henri-Claude Oyima, Chairman and CEO of the BGFIBank Group.
(LVDE) — Meeting in Douala on February 26–27, 2026, the Board of Directors of BGFIBank Cameroon approved historic financial results as well as a major increase in share capital, now raised from CFAF 20 billion to CFAF 50 billion. Driven by the leadership of Abakal Mahamat, Managing Director, this strategic decision strengthens the bank’s financial stability and sends a strong signal to the Cameroonian banking market.
Around the table, board members reviewed a fiscal year marked by sustained business growth and positive performance indicators. Results exceeded forecasts, reflecting the strength of the institution’s business model and the relevance of its strategic orientations over recent years. In a highly competitive environment, the bank successfully maintained its momentum by combining operational discipline, risk management and commercial efficiency.
The figures demonstrate controlled growth. Improved profitability was accompanied by stronger financial fundamentals, reinforcing the institution’s credibility among partners and customers. This trajectory confirms the ability of the Cameroonian subsidiary to generate value while complying with prudential banking standards.
The decision to increase share capital aligns with this responsible expansion strategy. By raising its equity to CFAF 50 billion, BGFIBank Cameroon significantly enhances its financing capacity. This strengthening enables greater support for major development projects, from large corporations to SMEs, while improving access to tailored financial solutions for individuals. Observers also see this move as a sign of renewed confidence from the Group in its Cameroonian subsidiary, considered a strategic growth hub in Central Africa.
At the center of this momentum, the leadership of Abakal Mahamat, Managing Director, is widely acknowledged. His strategic vision and management approach have helped consolidate the bank’s competitive position while mobilizing staff around ambitious performance goals. The Board also praised the commitment of employees, whose professionalism remains a key driver of performance.
As the institution prepares to celebrate fifteen years of operations in Cameroon in 2026, this milestone marks a new turning point. The objectives remain clear: accelerate digital transformation, diversify financial services and strengthen customer proximity. With reinforced capital and record performance, BGFIBank Cameroon intends to continue its expansion and confirm its role as a leading financial partner supporting national economic development.
Raphael Mforlem
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