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You are here: Home / cat / AFG Bank Cameroun Grows Assets, Deposits and Strategic Project Financing

AFG Bank Cameroun Grows Assets, Deposits and Strategic Project Financing

Dated: June 24, 2026

AFG Bank Cameroun reported strong financial results for 2025, with net profit rising to CFA25.5 billion from CFA23.1 billion a year earlier. This represents growth of 10.4 percent and reflects the bank’s continued expansion in Cameroon’s competitive banking sector.

The bank also recorded significant asset growth during the year. Total assets reached CFA1.55 trillion at the end of December 2025, compared with CFA1.3 trillion in the previous year, marking an increase of about 19 percent.

According to the bank’s leadership, the performance reflects growing customer confidence and the strength of the institution. The results were presented in Douala during the inauguration of Palissandre, AFG Bank Cameroun’s new premium branch in the Bonapriso district.

Rising deposits have helped the bank consolidate its position as Cameroon’s second-largest bank by customer deposits. The bank now serves more than 140,000 customers through a network of 25 branches across the country.

AFG Bank Cameroun’s net banking income also continued to grow, reaching CFA65 billion in 2025. This performance highlights the bank’s rapid rise among Cameroon’s dynamic financial institutions and its increasing role in the national banking market.

Beyond traditional banking services, AFG Bank Cameroun is expanding its role in financing major economic projects. The bank is contributing CFA60 billion to a CFA70 billion syndicated loan package for Wharf 17 at the Port of Douala.

The bank has also supported financing for port, logistics and mining projects, including the mixed bulk terminal on the right bank of the Wouri River and the first phase of the Minim-Martap bauxite project. The financing package linked to Minim-Martap is valued at about CFA82 billion.

This growing involvement in long-term infrastructure and strategic sector financing strengthens AFG Bank’s position as a major lender capable of mobilizing large-scale funding. However, it also increases the bank’s exposure to risks linked to large commitments, long maturities and credit quality.

The 2025 results come just over a year after Banque Atlantique Cameroun officially became AFG Bank Cameroun in March 2025. The rebranding was part of the wider expansion strategy of Atlantic Financial Group, a pan-African banking group active across several markets.

The opening of the Palissandre branch shows the bank’s ambition to expand into premium banking and wealth management. The new branch is designed for affluent and high-potential clients, including business executives, professionals, private investors and high-income individuals.

The premium banking segment offers AFG Bank Cameroun an opportunity to strengthen customer loyalty and attract higher-value clients. In a market where competition is growing across deposits, lending and digital financial services, this strategy could help the bank deepen its relationships with its most valuable customers.

Overall, AFG Bank Cameroun’s 2025 performance shows strong growth in profitability, assets, deposits and strategic financing activities. The bank’s expansion into premium services and large-scale project financing positions it as an increasingly influential player in Cameroon’s financial sector.

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