Cameroon: Banks total assets reached CFA5,308bn in 2017, making 26.8% of GDP

Business in Cameroon | In 2017, the total assets of banks in Cameroon reached CFA5,308 billion, the International Monetary Fund (IMF) revealed in its October 2018 report on the country’s economy. This represents 26.8% of GDP (40% of CEMAC’s banking system), compared with 23.1% of GDP in 2010. The 4 largest banks (Afriland First Bank, … The