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Celebrating 50 years of existence of BGFIBank: An unwavering commitment to serving the African continent

04/06/2021
Categories: Companies

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Since 1971, the BGFIBank Group has supported its customers with the same degree of Requirement and spirit of Excellence. This rare longevity in the African banking and financial sector is the result of an unfailing commitment to the development of the environments in which the Group operates. The last 50 years have been synonymous with continuous growth for the BGFIBank Group. With nearly 2,300 employees and 20 companies present in 11 countries, the Group is ready to look forward to the next 50 years with the same will and determination that make it one of the main banking and financial groups in Africa, multi-sector and multi-business, leader in its domestic market in Gabon and in the CEMAC zone.

At the end of 2020, it posted a record Net Income up 114%. There is a significant increase in customer deposits and loans: respectively CFAF 232 billion in 2000 against CFAF 2,287 billion in 2020 for deposits and CFAF 110 billion in 2000 against CFAF 2,238 billion in 2020 for loans.

The BGFIBank Group is a multi-business International Financial Group that combines financial solidity, sustainable growth strategy and risk management, with the ambition to be the bank of reference in its markets in terms of quality of service. Faithful to its values of Work, Integrity, Transparency, Responsibility and Team Spirit, the Group places quality of service at the heart of its business.

It supports its individual, corporate and institutional clients in a lasting relationship, with a wide range of products and services. BGFIBank Group is constantly enriching its offer by relying in particular on the expertise of its partners, thus opening up to new areas. 1,938 employees present in eleven countries provide daily support to a diversified clientele in Benin, Cameroon, Congo, Côte d'Ivoire, France, Gabon, Equatorial Guinea, Madagascar, the Democratic Republic of Congo, Sao Tomé- et-Principe and Senegal.

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