(EcoFinances) – Crédit Communautaire d’Afrique (CCA-Bank), which already has several branches in the ten (10) regions of the country, has just opened its 47th branch, according to a recent information note received by our Editor in the last few days. Located in Ekie, a quarter of Yaoundé 4, the new branch was inaugurated on 13 July 2023 in the presence of administrative, traditional and religious authorities and several business leaders.
« It was a very beautiful and colourful ceremony. My warmest thanks go to the Mfoundi’s Senior Divisional Officer, the Divisional Officer of the Yaoundé 4 sud-division, the Mayor, all the religious and traditional authorities and our distinguished guests for having honoured us with their presence at the inauguration of this architectural jewel », declared the CEO of CCA-Bank, Marguerite Fonkwen Atanga, on her LinkedIn account.
According to her, the new branch is a symbol of CCA-Bank’s ongoing commitment to serving customers with skill. « It is equipped with cutting-edge technology for a better customer experience. But more than that, it is home to a dedicated, competent and passionate team, ready to support you in your financial projects and contribute to the prosperity of your communities, » she adds.
As a reminder, Crédit communautaire d’Afrique (CAA), then a microfinance institution, became a bank (CCA-Bank) on 31 May 2018. From that date until 31 May 2021, its outstanding deposits rose from FCFA 173.8 billion to FCFA 345.1 billion, representing an absolute increase of FCFA 171.2 billion and 99% growth in three years. This is almost equivalent to the deposits collected in 20 years of microfinance. This significant performance has enabled CCA-Bank to move up from 11th to 8th place on the national list of banks.