Union Bank of Cameroon

Union Bank of Cameroon Plc. (UBC), is a commercial bank in Cameroon. It is one of the commercial banks licensed by the Central Bank of Central African States, the national banking regulator.[1]

History

UBC was established in 1999 by a network of credit unions in Cameroon to provide retail banking services to individuals and businesses. In 2008, Oceanic Bank, a regional banking conglomerate based in Lagos, Nigeria, acquired majority shareholding in UBC, becoming the core investor.[2]

See also

References

  1. Vubem, Fred (2009-06-11). "Cameroon: Banking Boom in Cameroon". Cameroon Tribune (Yaoundé). Retrieved 2017-08-16.
  2. History of Union Bank of Cameroon
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.