Ecobank Cameroon’s 2014 net results rise by 51%

After a 154% leap in 2013, Ecobank Cameroon’s 2014 net results amounted to a little over 6 billion FCFA which is a 51% increase over the previous year.

The bank made this announcement at its February 27, 2015 general assembly in Douala.

These results are also apparent in customer deposits which increased by 14% last year, reaching 355.8 billion FCFA compared to 312.2 billion FCFA in 2013.

Its overall results also rose by 14% to 439.4 billion FCFA, against 384.3 billion FCFA in 2013.

This performance keeps the local subsidiary of the pan-African bank among the top institutions of the Cameroonian banking sector.