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Microfinance: BGFIBank signs a partnership with Finam

21/12/2021
Categories: Companies

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The BGFIBank Group is committed to helping the Financière africaine de micro-projets (Finam) to become the “African benchmark”. Thus, the two structures formalized their partnership on December 18 in Libreville.

This partnership results in the banking group of the sub-region taking a stake in the capital of the country's first 2 nd category microfinance institution, to help it become the African reference in its sector of activity. Through this partnership, BGFIBank Group intends to share its ambition for the next 50 years with Finam. Approved by the Central African Banking Commission (Cobac), Finam currently has a share capital of 3 billion CFA francs, more than 8 billion in equity, a total balance sheet of more than 39 billion CFA francs.

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