CAMEROON : BGFIBank injects over CFAF 700 billion into the economy in 15 years

As it approaches its fifteenth anniversary, BGFIBank Cameroon highlights a growth trajectory built on financing the real economy. Since its establishment in 2011, the bank has steadily strengthened its position within the national financial landscape, supporting large corporations, SMEs, and individual clients alike. Over fifteen years, more than CFAF 710 billion has been mobilized to fund structuring projects, contributing to the expansion of several key sectors of economic activity.

On the ground, this financing has translated into the implementation of over 150 projects across priority sectors including agriculture, industry, infrastructure, energy, and trade. This sectoral focus reflects a clear commitment to supporting the country’s productive transformation. According to available estimates, these interventions have helped create or sustain more than 100,000 jobs, illustrating the direct impact of banking activity on the socio-economic fabric. In a context where access to credit remains a major challenge for local businesses, this contribution aligns with national efforts to strengthen private investment.

At the same time, the bank has consolidated its territorial presence through a network of 27 branches across the country and a workforce of more than 400 employees. With a share capital of CFAF 50 billion, it has recorded sustained performance growth, with an increase of over 25% in the past five years and a net income estimated at CFAF 15 billion in 2025. These indicators reflect a steady rise in a banking sector undergoing transformation, marked by increased competition and the rapid digitalization of financial services.

Beyond its financial activities, the institution is also strengthening its social commitment. As part of its anniversary celebrations, it is rolling out the “Wells of Hope” program, aimed at improving access to drinking water in the North and Far North regions. The initiative plans to construct around one hundred boreholes for the benefit of more than 10,000 people, particularly in rural and school communities. This project reflects a broader corporate social responsibility approach focused on addressing essential needs while reinforcing the bank’s image as a committed stakeholder.

In an economic environment characterized by growing financing needs and increasing demand for financial inclusion, BGFIBank Cameroon intends to maintain its momentum. The focus is now on digital transformation, product innovation, and operational efficiency. Through this new phase, the bank aims to further strengthen its role in financing businesses and contribute more significantly to Cameroon’s economic growth.

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Raphael Mforlem

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