The Moroccan banking group Attijariwafa bank through its brokerage firm Attijari Securities Central Africa (ASCA) is the arranger of the second bond loan of the lender Alios Finance Cameroon. This operation, the main characteristics of which have not yet been published, will take place under the auspices of the Central African Securities Exchange (BVMAC).
According to sources, Alios Finance, the leader in leasing in Cameroon and the sub-region, is about to strengthen its portfolio which is based on strategic development aimed at extending its activities in the region, in particular the conquest of the West African market.
Financial institution specializing in leasing, Alios Finance Cameroon, launched in 2018 a loan of 8 billion FCFA ($ 14 million) to the Douala stock exchange (DSX), which was then the Cameroonian financial market. Called “Alios 5.75% Net 2018-2023”, this loan arranged by the Gabonese banking group BGFIBank enabled a subscription of 8.730 billion FCFA, i.e. a surplus of 730 million FCFA.
This second loan occurs where the Bank of Central African States (BEAC), single central depositary (DCU) of securities of the Economic and Monetary Community of Central Africa (CEMAC) recently indicated that Alios Finance Cameroon, issuer of the value “ALIOS 01 5.75% 2018 – 2023”, amortized the principal in the amount of 444.4 million FCFA and paid interest for an amount of 89.4 million FCFA. This indicates its good performance on the market.