CAMEROON : BGFIBank claims 15 years of contribution to the national economy
(LVDE) – Meeting in Douala on April 9, 2026, during a press luncheon, the management of BGFIBank Cameroun reviewed the bank’s 15-year presence in Cameroon. The media gathering provided an opportunity to highlight the institution’s key achievements, its role in financing the national economy, its social commitments, as well as its growth prospects in a rapidly evolving banking sector.
Raphael Mforlem 
In a convivial atmosphere, the management of BGFIBank Cameroun marked a key milestone in its history by reflecting on fifteen years of establishment and development in the Cameroonian market. The Managing Director, surrounded by his team, revisited the institution’s journey since 2011, emphasizing steady growth and a solid anchoring within the national economic fabric.
In his address, the bank reiterated its central role in financing businesses, ranging from large corporations to small and medium-sized enterprises. The institution claims consistent support for economic actors, contributing to value creation, the development of productive activities, and job creation in Cameroon.
The social dimension also featured prominently in the review. Several initiatives were highlighted, particularly those implemented across the country’s ten regions. Among them is the “Wells of Hope” project, deployed in the North and Far North regions, which aims to build 100 boreholes to improve access to drinking water for local communities. This initiative reflects the bank’s commitment to combining economic performance with social impact.
Internally, the institution emphasized continuous improvement of working conditions and the strengthening of corporate culture, with the ambition of building a more efficient and inclusive professional environment.
The press meeting also served as a platform to present the bank’s strategic outlook. The institution intends to continue its digital transformation, strengthen financial inclusion, and expand its network to better cover the national territory. These priorities are aligned with efforts to support the modernization of Cameroon’s economy and make financial services more accessible.
On the financial front, the bank recently increased its share capital to 50 billion FCFA, exceeding the regulatory threshold of 25 billion FCFA required in the CEMAC zone. This recapitalization aims to enhance its lending capacity and support its development ambitions.
According to regional banking sector data, BGFIBank Cameroun already ranked fourth nationally in terms of credit distribution in the first quarter of 2025. This performance confirms its growing weight in Cameroon’s financial landscape.
Through this 15-year review, the institution now intends to build on its achievements to accelerate its expansion and strengthen its role as a key player in financing the national economy.
À propos de l'auteur
La voix des entreprises 
Tressy CHOUENTE 
