The Cameroon International Bank for Savings and Credit (Bicec) subsidiary of French BPCE, announces for 2017 a total balance sheet of 765 billion CFA francs ($ 1.43 million), an increase of 11% , against 690 billion CFA francs in 2016 ($ 1.29 million).
Also for Bicec, net banking income amounted to 59.6 billion FCFA during the period under review, up 17%. Gross operating income, also, rose by 39% compared to 2016, to reach 28 billion FCFA. The net result of the Bank is 9.5 billion FCFA.
Gross operating income, also, increased by 39% compared to the previous year, to reach 28 billion FCFA. The net result of the Bank is 9.5 billion FCFA.
There is also a 10% increase in deposits reaching an amount of 600 billion FCFA, which indicates the trust of customers.
The Bicec claims for the year 2017, a total investment of 548 billion FCFA in the Cameroonian economy, up 11 billion, compared to the same period in 2016.
