AFG Bank Cameroun’s Assets Reach CFA1.55 Trillion in 2025, Profit Reaches CFA25.5bn

AFG Bank Cameroun reported a net profit of CFA25.5 billion for 2025, up 10.4% from CFA23.1 billion a year earlier. The results were presented on June 12 in Douala during the inauguration of the bank’s new premium branch, Palissandre, located in the Bonapriso district.

The lender posted growth across most of its key business indicators. Total assets reached CFA1.55 trillion at the end of December 2025, compared with CFA1.3 trillion a year earlier, representing growth of about 19%.

According to Chief Executive Officer Eric Valéry Zoa, the performance reflects growing customer confidence in the institution. “Our results, with total assets of CFA1.55 trillion as of December 31, 2025, demonstrate the strength of our institution and the continued trust of our customers,” he said.

Rising Deposits Strengthen Market Position

The growth has helped AFG Bank Cameroun consolidate its position as the country’s second-largest bank by customer deposits. “Becoming the second-largest bank in Cameroon while repositioning ourselves as a pan-African banking group stretching from Madagascar to Côte d’Ivoire is a source of great pride,” said board chairman Léon Konan Koffi.

Net banking income also continued to grow, reaching CFA65 billion in 2025. The bank now serves more than 140,000 customers through a network of 25 branches nationwide, underscoring its rapid rise among Cameroon’s most dynamic banking institutions.

A Bigger Role in Financing Strategic Projects

Beyond its financial performance, AFG Bank Cameroun continues to expand its role in financing major economic projects. The bank is participating in the financing of Wharf 17 at the Port of Douala, contributing CFA60 billion to a syndicated loan package worth CFA70 billion.

AFG Bank has also been involved in financing port, logistics and mining projects, including the mixed bulk terminal on the right bank of the Wouri River and the first phase of the Minim-Martap bauxite project.

The financing package linked to Minim-Martap is valued at about CFA82 billion. Its growing presence in long-term infrastructure projects highlights the bank’s increasing role in supporting strategic sectors of the Cameroonian economy.

The strategy also strengthens AFG Bank’s profile as a balance-sheet lender capable of mobilizing significant funding for businesses, public institutions and large-scale development projects. At the same time, it increases exposure to risks associated with large commitments, long maturities and credit quality.

Palissandre Targets Wealth Management Growth

The results come a little over a year after Banque Atlantique Cameroun officially became AFG Bank Cameroun in March 2025 as part of the expansion strategy of pan-African banking group Atlantic Financial Group. The launch of the Palissandre branch reflects the bank’s effort to move further upmarket.

The new location is designed primarily for affluent and high-potential clients and will focus on wealth management and higher-value financial services. Through the branch, AFG Bank aims to attract high-income individuals, business executives, professionals and private investors. In a banking market where competition is intensifying across deposits, lending and digital services, the premium segment represents both a growth opportunity and a way to strengthen customer loyalty among the bank’s most valuable clients.

Amina Malloum