BANKING AND FINANCE : BGFIBank Cameroon Promises Enhanced Services, Customer Proximity and More Digitalization in 2026
La voix des entreprises 
Abakal Mahamat, Chief Executive Officer of BGFIBank Cameroon
(LVDE) — In a Cameroonian banking sector undergoing major transformation driven by digitalization and regional competition, BGFIBank Cameroon is reaffirming its growth ambitions. Following the Board of Directors meeting held on February 27, 2026, the institution unveiled a strategic plan focused on innovation, improvement of financial services, and strengthening customer relationships.
During the Board meeting, BGFIBank Cameroon’s management presented a performance report considered highly satisfactory for the past financial year. Executives stated that the results significantly exceeded initial targets, reflecting the strength of the bank’s business model, the quality of its governance, and the consistency of its development strategy.
On the financial front, the institution recorded sustained growth in its business activities as well as strict risk management. These results confirm the bank’s financial stability and its ability to sustainably create value for its shareholders, customers, and the national economy. In this context, the Board of Directors approved a major increase in share capital, rising from 20 billion to 50 billion CFA francs. This strategic decision aims to strengthen the bank’s equity base to support large-scale investments and consolidate its position on the Cameroonian banking market. The bank also recorded an 18% increase in net profit, reflecting strong growth momentum.
Cameroon remains a strategic market for the BGFIBank Group in Central Africa. The country’s economic potential, driven by the expansion of industrial and service sectors, represents an important lever for regional expansion. This capital increase reflects renewed investor confidence in local economic prospects and in the key role of the Cameroonian subsidiary in regional financial development.
Governance and leadership were also highlighted by the Board of Directors, which praised staff members for their professionalism and commitment. Special recognition was given to Chief Executive Officer Abakal Mahamat, whose strategic vision focuses on innovation, operational cost optimization, and the acceleration of digital transformation in banking services.
In 2026, BGFIBank Cameroon will celebrate 15 years of operations in the country. Since its establishment, the bank has contributed to business financing, household support, and the promotion of financial inclusion in a country where the banking penetration rate is still gradually improving according to BEAC data. This anniversary symbolizes the progress achieved and opens new development perspectives.
Looking ahead, BGFIBank Cameroon intends to accelerate its digital transformation, expand its range of financial products, and strengthen customer proximity through innovative technological solutions. In a rapidly evolving African banking sector, the bank aims to consolidate its position as a leading financial partner supporting Cameroon’s economic development.
Tressy Chouente
À propos de l'auteur
Tressy CHOUENTE 
Esther Grâce 
