By Etienne Mainimo Mengnjo
The Minister of Economy, Planning, and Regional Development, MINEPAT, Alamine Ousmane Mey, and Abakal Mahamat, Director General of BGFI Bank, have held discussions centered around development plans in the country.
This was the substance of an audience Minister Ousmane Mey granted to Abakal Mahamat on July 16 in Yaounde. The Director General of BGFI Bank was accompanied by Henri-Claude Oyima, an official of the BGFI Bank Group.
Speaking shortly after their hour-long meeting, Abakal Mahamat told reporters that it was important and necessary for him to meet with the Minister to take stock of the situation and to also brief him on what the bank is doing in the south of Cameroon.
He added that it was important to meet with the Minister to discuss their performance and strategy, while also seeking valuable advice on the orientations of Cameroon’s strategic development plan.
“In Cameroon, we are building our head office, which will be inaugurated in December to show the involvement of the BGFI Bank Group here in Cameroon,” Abakal Mahamat said.
“We are also looking at the Strategic Development Plan to increase our bank’s network here in Cameroon,” he added.
Abakal Mahamat further stated that the Bank already has a practical presence throughout the national territory, but strengthening their position in the two major cities of Yaounde and Douala is very important.
“We also look at the growth possibilities of our group, both endogenous and external growth. This is why we are here in Yaounde,” he added.
BGFIBank Group is a large financial services conglomerate in Central, West and East Africa, with subsidiaries in ten countries including Gabon, Benin, Republic of the Congo, Democratic Republic of the Congo, Equatorial Guinea, Madagascar, France and Côte d’Ivoire.
The member institutions serve both individuals and businesses, with emphasis on Small and Medium Enterprises (SMEs).