Union Bank of Cameroon

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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]

Contents

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". Archived from the original on 2010-06-20. Retrieved 2010-10-27.


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