Commercial Bank Group
Encyclopedia
Commercial Bank Group, is a financial services organization in Central Africa
. The Group's headquarters are located in Douala
, Cameroon
, with subsidiaries in Cameroon
, Chad
, Central African Republic
, Equatorial Guinea
and São Tomé and Príncipe
.
in Central Africa, with subsidiaries in five (5) countries. The member institutions serve both individuals and businesses, with emphasis on small-to-medium enterprises (SMEs).
, named Capital Financial Holdings S.A. (CFH), which
is the controlling entity in each of the subsidiary companies. CFH is headquartered in Luxembourg
, but maintains a subsidiary in Yaounde
, Cameroon].
Central Africa
Central Africa is a core region of the African continent which includes Burundi, the Central African Republic, Chad, the Democratic Republic of the Congo, and Rwanda....
. The Group's headquarters are located in Douala
Douala
Douala is the largest city in Cameroon and the capital of Cameroon's Littoral Province. Home to Cameroon's largest port and its major international airport, Douala International Airport, it is the commercial capital of the country...
, Cameroon
Cameroon
Cameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the...
, with subsidiaries in Cameroon
Cameroon
Cameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the...
, Chad
Chad
Chad , officially known as the Republic of Chad, is a landlocked country in Central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon and Nigeria to the southwest, and Niger to the west...
, Central African Republic
Central African Republic
The Central African Republic , is a landlocked country in Central Africa. It borders Chad in the north, Sudan in the north east, South Sudan in the east, the Democratic Republic of the Congo and the Republic of the Congo in the south, and Cameroon in the west. The CAR covers a land area of about ,...
, Equatorial Guinea
Equatorial Guinea
Equatorial Guinea, officially the Republic of Equatorial Guinea where the capital Malabo is situated.Annobón is the southernmost island of Equatorial Guinea and is situated just south of the equator. Bioko island is the northernmost point of Equatorial Guinea. Between the two islands and to the...
and São Tomé and Príncipe
São Tomé and Príncipe
São Tomé and Príncipe, officially the Democratic Republic of São Tomé and Príncipe, is a Portuguese-speaking island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two islands: São Tomé and Príncipe, located about apart and about , respectively, off...
.
Overview
Commercial Bank Group is a large financial services conglomerateConglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
in Central Africa, with subsidiaries in five (5) countries. The member institutions serve both individuals and businesses, with emphasis on small-to-medium enterprises (SMEs).
Member Companies
The companies that comprise of the Commercial Bank Group include, but are not limited to the following:- Commercial Bank of Cameroon (CBC) -
CameroonCameroonCameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the... - Commercial Bank ChadCommercial Bank ChadCommercial Bank Chad , also spelled as Commercial Bank Tchad , is a commercial bank in the Republic of Chad. It is a member of the Commercial Bank Group and is affiliated with the Commercial Bank of Cameroon , Commercial Bank Centrafrique , the Commercial Bank Equatorial Guinea and Commercial Bank...
(CBT) -
ChadChadChad , officially known as the Republic of Chad, is a landlocked country in Central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon and Nigeria to the southwest, and Niger to the west... - Commercial Bank CentrafriqueCommercial Bank CentrafriqueCommercial Bank Centrafrique CBCA, is one of the largest banks in the Central African Republic. It is a member of the Commercial Bank Group and is affiliated with the Commercial Bank Tchad , the Commercial Bank of Cameroon , the Commercial Bank Equatorial Guinea and Commercial Bank São Tomé and...
(CBCA) -
Central African RepublicCentral African RepublicThe Central African Republic , is a landlocked country in Central Africa. It borders Chad in the north, Sudan in the north east, South Sudan in the east, the Democratic Republic of the Congo and the Republic of the Congo in the south, and Cameroon in the west. The CAR covers a land area of about ,... - Commercial Bank Equatorial Guinea (CBGE) -
Equatorial GuineaEquatorial GuineaEquatorial Guinea, officially the Republic of Equatorial Guinea where the capital Malabo is situated.Annobón is the southernmost island of Equatorial Guinea and is situated just south of the equator. Bioko island is the northernmost point of Equatorial Guinea. Between the two islands and to the... - Commercial Bank São Tomé and Príncipe (CBSTP) -
São Tomé and PríncipeSão Tomé and PríncipeSão Tomé and Príncipe, officially the Democratic Republic of São Tomé and Príncipe, is a Portuguese-speaking island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two islands: São Tomé and Príncipe, located about apart and about , respectively, off... - SFA Financial Products - CameroonCameroonCameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the...
- Commercial Bank Group has 51.4% shareholding.
Ownership
The member companies of the group are all privately owned. In 2005, Commercial Bank Group created a bank holding companyHolding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
, named Capital Financial Holdings S.A. (CFH), which
is the controlling entity in each of the subsidiary companies. CFH is headquartered in Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
, but maintains a subsidiary in Yaounde
Yaoundé
-Transportation:Yaoundé Nsimalen International Airport is a major civilian hub, while nearby Yaoundé Airport is used by the military. Railway lines run west to the port city of Douala and north to N'Gaoundéré. Many bus companies operate from the city; particularly in the Nsam and Mvan neighborhoods...
, Cameroon].
External links
- Website of Commercial Bank Group (French) & (English)
- Website of Central Bank of Central African States (French)
See also
- Commercial Bank of Cameroon
- Commercial Bank CentrafriqueCommercial Bank CentrafriqueCommercial Bank Centrafrique CBCA, is one of the largest banks in the Central African Republic. It is a member of the Commercial Bank Group and is affiliated with the Commercial Bank Tchad , the Commercial Bank of Cameroon , the Commercial Bank Equatorial Guinea and Commercial Bank São Tomé and...
- Central Bank of Central African States